AIB repaid €390M to Ireland, ending state ownership and completing the government’s exit from the bank.

AIB has paid €390 million to the Irish State, canceling over 271 million warrants held by Finance Minister Paschal Donohoe, completing the government’s exit from the bank. The final transaction marks the end of state ownership, with the funds now held in the Exchequer for public benefit. The total return from the State’s AIB investment now stands at about €20.2 billion since the 2008 bailout, though it remains below the original €29.4 billion outlay.