March 9, 2017 / 7:13 AM / in 5 months

BRIEF-Allied Irish targets NIM at 2.40 or above over next 3-5 years

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March 9 (Reuters) - Allied Irish Banks Plc

* Following medium term financial targets to be achieved within a 3-5 year timeframe

* Maintain strong and stable nim: 2.40 percent plus

* Cost income ratio (cir): a robust and efficient operating model with cir < 50% by end 2019

* capital: strong capital base with normalised fully loaded CET1 target of 13 percent

* ROTE: targeting returns on tangible equity 10 percent plus Further company coverage: (Reporting By Padraic Halpin)

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