It has been revealed that Allied Irish Bank has announced that there are most probable chances that its credit customers will face problems in regard to the payment protection insurance policies.
The bank confirmed the news by saying that they noticed some inconsistencies at the time when they were checking the sales of its payment protection policy.
The government has achieved a High Court order which approves of it injecting an additional €3.7 billion into the Allied Irish Banks (AIB) that too without the agreeing of its shareholders.
The bank which had at one time been the nation’s biggest bank will be nationalized effectively, having four out of the six banks in the nation, and the majority of the banking system being controlled by the Government.
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