Fitch applies BBB- to AIB Group

Fitch Ratings said it assigned AIB Group plc a long-term issuer default rating of BBB-, viability rating of bbb- and short-term issuer default rating of F3.

The outlook is positive.

The agency also affirmed EBS d.a.c.'s long-term issuer default rating at BBB- with a positive outlook and withdrew all of its ratings for commercial reasons.

AIB Group is the recently established holding company and ultimate parent of the Allied Irish Banks group and its ratings are equalized with those of its wholly-owned operating subsidiary, Allied Irish Banks, plc (AIB; BBB-/positive).

Fitch said the ratings reflect the role of AIB Group as the holding company of the Allied Irish Banks group and are aligned with those of its main operating subsidiary, Allied Irish Banks, plc.

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