Ireland’s Allied Irish Banks (AIB) has said it
wants to target Bank of Scotland Ireland’s (BoSI) customers after
it was revealed it has left the Irish market.

The bailed-out bank said it wants to
capitalise on customers that need an alternative bank. 

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AIB did not disclose how many customers it was
targeting but a spokesperson told RBI “a proportion of
customers that were with BoSI are likely to already bank with AIB
and have a certain proportion of their banking business with us
anyway.”

Lloyds Banking Group shut down BoSI, which ran
on the Irish high street as Halifax, in August. 

Lloyds said there was little opportunity for
scalable growth in the future. 

BoSI has a total of150,000 retail and
commercial customers. The bank said its customers will be able to
continue to repay loans until they reach maturity or are paid down
in full.

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But deposit accounts will have to be closed at
the end of the year.

The bank added that customers will be able to
continue to repay loans until they reach maturity or are paid down
in full.

AIB has launched an advertising campaign
targeted at BoSI customers across local and national media steering
people towards the bank. 

Robbie Henneberry, managing director of AIB
said: “AIB is sending a very clear invitation to BoSI customers to
talk to us to discuss their alternative banking arrangements.”

For AIB, attracting customers from BoSI could
help rejuvenate its beleaguered portfolio.

The bank reported a first-half loss of €2.36bn
(£1.95bn) in 2010, compared to a pre-tax loss of €707m in the
year-ago period.