Allied Irish Banks keeps investors’ faith

In a smaller market since the banking crisis, this stock is a winner
Thursday 07 Dec 2017 Author: David Stevenson
Allied Irish Banks (ALBK) €5.64 Gains to date: 12.8% Original entry point: Buy at €5.00, 26 October Allied Irish Banks (ALBK) has emerged from the Irish banking collapse of 2008 and looks set to be one of most enduring turnaround stories from that period. The bank’s third quarter to 30 September update makes for pleasant reading. It has increased its common equity tier one (CET1) ratio to 17.6%, up...

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team
Disclaimer

Advertising feature

Issue contents

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.