Bloomberg News

Fitch Says Irish Banks Have Enough Capital;Deposit Concern Eases

February 01, 2012

Feb. 1 (Bloomberg) -- Fitch Ratings said Irish banks have enough capital to deal with future losses even as their mortgage books worsen. The ratings company said deposits have stabilized and are no longer a source of liquidity concerns, though the lenders are likely to remain reliant on central bank support.

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