Ireland's AIB sets aside 210 million euros for expected coronavirus losses

DUBLIN (Reuters) - Allied Irish Banks (AIB) set aside 210 million euros ($227 million) in the first quarter to cover expected loan losses, as the number of repayment breaks for coronavirus-hit customers rose to almost 55,000 last week, the lender said on Tuesday.Ireland plans to gradually ease weeks of stay-home measures to slow the spread of the virus from next week, but the shutting down of all but essential services has forced the country's two largest banks, AIB and Bank of Ireland , to..