AIB makes 300 million euro provision for mortgage tracker redress
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DUBLIN (Reuters) - Allied Irish Banks has set aside a further 300 million euros (£255.2 million) to cover possible compensation owed to customers caught up in Ireland's mortgage tracker scandal. In a statement on Tuesday, the bank's board said it had set aside the sum after acknowledging that "redress may be due to a previously identified group of customers who had an option of a prevailing tracker rate".More than 40,000 homeowners have been compensated by banks in recent years after..