DUBLIN, April 18 |
Mon Apr 18, 2011 2:23am EDT
DUBLIN, April 18 (Reuters) - Moody's cut the
long-term bank deposit ratings of Ireland's
government-guaranteed banks by two notches on Monday following a
sovereign downgrade last week, meaning that all the lenders are
now classified as junk.
The rating agency cut Ireland's rating to Baa1, the verge of
junk status, on Friday and kept its outlook on negative amid
spluttering economic growth and
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