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EMBARGO 07:00 نع AIB 3 November 2021 AIB GROUP PLC - NINE MONTHS TO SEPTEMBER 2021 TRADING UPDATE ( UNAUDITED ) Strong performance in Q3 with positive momentum " I am pleased to report that the Group had a strong third quarter and is performing in line with our 2021 full year guidance . Looking to the fourth quarter and beyond , we expect the steady economic recovery to continue as our customers return to pre - pandemic levels of activity . We are making meaningful progress towards achieving our medium - term targets as we deliver at pace on our strategy . Our robust balance sheet , leading digital capability and the strength and breadth of our franchise enable us to support our 2.8 million customers and the communities we serve . ● The doubling of our Climate Action Fund to € 10 billion will play a leading role in Ireland's transition to a low - carbon economy . The Group is also focused on continuing to fund the construction of much needed new homes and to provide mortgages to our customers and their families . We are increasingly confident about the economic outlook and our ability to generate sustainable shareholder returns , and in this regard the Board will consider the resumption of dividends for 2021 , subject to regulatory approval . " Colin Hunt , Chief Executive Officer Highlights : ( all comparisons nine months to Sept 21 versus equivalent period 2020 unless otherwise stated ) Strong profitability in Q3 with current trading in line with expectations Confident in our delivery for 2021 ; full year guidance reiterated ( ¹ ) Strong capital position continues ; CET1 16.6 % ; significantly ahead of > 13.5 % target Total income broadly stable O Net interest income ( NII ) decreased 8 % ; on track for moderate full year decline O Other income increased 26 % Costs in line with expectations ; strategic cost initiatives on track Net credit impairment writeback in Q3 ; Asset quality remains resilient Performing loans stable at € 55.1bn ; new lending increased 7 % to € 7.2bn O ROI new mortgage lending increased 17 % with green mortgages representing 18 % O 31 % mortgage market share in month of September , 27 % YTD September pro - forma NPEs of c . € 3.1bn ( c . 5.3 % ) following c . € 0.4bn agreed NPE portfolio sale Customer deposits of € 90.7bn ; increased 11 % from Dec 20 as savings continue to accumulate Ireland's leading digital bank with 1.8m customers digitally active Doubled our Climate Action Fund to € 10bn ; first Irish bank to adopt the Equator Principles 1