AIB Group reported a decrease in first half profit before tax to 1.07 billion euros from 1.29 billion euros last year. Earnings per ordinary share dropped to 39.0 euros from 42.0 euros, while profit before exceptional items declined to 1.07 billion euros from 1.35 billion euros. Net interest income decreased by 10% to 1.87 billion euros, primarily due to lower interest rates offset by an increase in loan volumes. The company expects net interest income to be above 3.6 billion euros for 2025.
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