DBRS Places Irish Guaranteed Debt Issued by the Bank of Ireland Under Review – Negative, at AA

DBRS today has placed all ratings of the Irish Government Guaranteed instruments issued by The Governor and Company of the Bank of Ireland (Bank of Ireland or the Bank) Under Review with Negative Implications. This rating action follows DBRS’s placement of the Republic of Ireland’s rating Under Review with Negative Implications. Today’s rating action does not change the other ratings of Bank of Ireland including its Non-Guaranteed Long-term Deposits and Non-Guaranteed Long-Term Debt ratings, which remain at AA (low), Negative trend.

Notes:
All figures are in EUR unless otherwise noted.

For further information related to DBRS’s rating of the Republic of Ireland please see the related press release available on our website under Press Releases.

The applicable methodologies are Global Methodology for Rating Banks and Banking Organisations and Enhanced Methodology for Bank Ratings – Intrinsic and Support Assessments, which can be found on our website under Methodologies.