A quick look at AIB’s share price tells you things are going well. The share is up 11 per cent in 2023, and up 348 per cent since the beginning of Covid.  When a company’s share price is going up it’s either making more money, or the stock market is more optimistic about its future moneymaking ability, or both. In AIB’s case, it’s both.  The reason AIB is making more profits is because interest rates are up. Higher interest rates mean it has to pay its depositors a bit more, and it makes a bit more than that on its…

Want to continue reading?

Unlock full access to The Currency and The Wall Street Journal with an Annual membership and receive a free Samsonite suitcase – worth €235 delivered to your door.

Subscribe

Cancel at any time.

Are you already a member? .