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Old 12-20-2010, 10:05 PM
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Post Moody?s lowers ratings on five Irish banks

Moody’s Investors Service has today downgraded the ratings on five Irish banks – Allied Irish Banks, Bank of Ireland, EBS Building Society, Irish Life and Permanent and Irish Nationwide Building Society. The downgrade came after Moody’s last week slashed Ireland’s credit rating by five notches to Baa1, from Aa2 – citing ongoing uncertainties over the [...]

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