AIB are to provide compensation to almost 6,000 customers who had the option of a tracker mortgage.
The bank has made a provision of €300 million to cover this, following a preliminary decision issued by the Financial Services and Pensions Ombudsman.
Ian Guider, markets editor of The Business Post, joined us for the business news with this story and more, including:
- Tens of thousands to be hit with new €5.99 monthly charge from Eir for access to email
- Google facing another investigation by Data Protection Commissioner over location tracking
- Tesla shares are surging because those who bet against the company are getting burned
Listen to the interview in full by pressing the play button on this page.