Credit ratings agency Moody's has today upgraded the government-guaranteed debt ratings of four Irish banks.
The debt rating of AIB, EBS, Bank of Ireland and Permanent TSB went to Baa1 from Baa3. The outlook on these debt ratings changed to stable from positive, said Moody’s. The action follows Moody's upgrade of Ireland's government bond rating to Baa1 from Baa3 and the change in outlook on this rating from positive to stable, it said.
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