AIB to repay Ireland 1.7 bln euros via preference shares

DUBLIN, Nov 6 (Reuters) - Allied Irish Banks (AIB) won regulatory approval on Friday to repay 1.7 billion euros ($1.9 billion) of government bailout funds, beginning the process of repaying the 21 billion euros lent to it during the 2008-9 financial crisis.

from Reuters: New Issues News http://ift.tt/1OsyOW5