AIB, BoI in better shape but lending down – Standard & Poors

The rating agency revised upwards its assessment of the liquidity positions of both banks. AIB, led by David Duffy, and Richie Boucher’s Bank of Ireland are regarded as having “adequate” liquidity and “average” ability to finance themselves on the markets, S&P said. Banks’ improving funding position is mainly down to the reduction in lending to … Continue reading AIB, BoI in better shape but lending down – Standard & Poors