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Thread: Fitch downgrades EBS Building Society

  1. #1
    Politics.ie Regular
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    Fitch downgrades EBS Building Society

    Ratings agency Fitch has downgraded EBS Building Society to "BBB" from "A minus" due to the deteriorating outlook for the Irish economy and the weakening of the position of EBS.

    More from The Irish Times.

  2. #2
    Politics.ie Member
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    They're not the first, and won't be the last. Yay, depression is on the horizon!

  3. #3
    Politics.ie Regular BodyofEvidence's Avatar
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    only one notch above junk status....

  4. #4
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    Yes, although quite frankly, most Irish banks are already internationally regarded as junk

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