Business Irish

Tuesday 14 August 2018

Week 17: All eyes on AIB in busy week of AGMs

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Ellie Donnelly

Ellie Donnelly

All eyes will be on AIB on Wednesday when the bank holds its AGM.

The issue of executive bonuses will probably top the agenda after Finance Minister Paschal Donohoe last week said he would block a new share scheme for executives, sought by the board of the bailed-out lender.

In a busy week for AGMs, Glanbia and Tullow Oil are also set to hold theirs on Wednesday, while on Thursday the AGMs of CRH, Greencoat Renewables, and Mincon Group will take place.

On Thursday, the CSO will release the overseas travel figures for March, while on Friday it will release the retail sales figures for last month.

Outside Ireland, the European Central Bank is due to make an announcement on Thursday on interest rates.

It is not expected that rates will change. However, investors will be looking for possible signs that the bank is preparing for a shift in its stimulus plans.

On Saturday, EU finance ministers will travel to Bulgaria to discuss taxation and the capital markets union.

Irish Independent

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