Moody's changes outlook on Ireland's........>

IRELAND: Moody's changes outlook on Ireland's banking system to stable from

positive "as the country's banks consolidate their balance sheets and capital

positions, and continue with a gradual clean-up of problem loans, helped by

positive but slower economic growth." Its new report, "Banking System Outlook --

Ireland: Continued GDP growth, more gradual reduction in asset risk drive stable

outlook" is on www.moodys.com; report does not constitute a rating action.

- "Our stable outlook for Ireland's banking system balances the country's

improving operating environment and steady asset risk and funding conditions

against a more challenging picture for profitability and efficiency," said

Irakli Pipia, a Moody's Vice President -- Senior Credit Officer and the report's

co-author.