Download full report with analyst certification and important disclosures
Apr 1 2020, 10:20 IST/BST
Following our recent look into Irish banks’ fundamentals, heading into the current COVID-19 crisis as well as assessing the likely near-term impact to credit losses, we refresh the opportunities across Irish bank credit. Unlike the last financial crisis, Irish banks are much better positioned with stronger solvency as well as liquidity and funding following prolonged multi-year deleveraging. Since our recent report, there have also been numerous additional credit-positive support announcements – both local and international.