mark-expat13 Feb 2009 16:41
s&p, moodys and fitch downgrade rating for aib and boi. long term counterparty credit ratings to A, long term senior debt and deposit rating to Aa3. fitch donwgraded aib from c to d, while boi c/d from c. granted, thats not the best news we could want, and i think we can all admit there may be weaknesses with albk asset quality, but at a dscounted share price, with the ire government re-cap coming through i still think these ghuys are value for money, both short term (back over a euro next week) or long term