21/3/2025 Monitoring note
Scope has completed a monitoring review on the Republic of Estonia
The periodic review has resulted in no rating action.
21/3/2025 Monitoring note
Scope has completed a monitoring review on the Federal Republic of Germany
The periodic review has resulted in no rating action.
21/3/2025 Monitoring note
Scope has completed a monitoring review for the Swiss Confederation
The periodic review has resulted in no rating action.
21/3/2025 Monitoring note
Scope has completed the periodic review of Prosil Acquisition S.A. - Spanish NPL ABS
This publication does not constitute a rating action.
21/3/2025 Research
Spanish banks quarterly: Competitive dynamics put margins under pressure
While Spanish banks achieved record profitability in 2024, Q4 results suggest that net interest margins and customer spreads have peaked. Increasing fees and commissions will be key to profitability, given lower rates and competitive pressure on lending.
20/3/2025 Rating announcement
Scope affirms Hungary’s facility manager B+N’s issuer rating at BB, assigns Negative Outlook
The affirmation is based on a broadly unchanged business risk profile and financial risk profile following the acquisition of Germany’s KÖBERL Group. The largely debt-financed acquisition is forecasted to only temporarily deteriorate leverage in 2025.
19/3/2025 Rating announcement
Scope affirms the BB-/Stable issuer rating of Infogroup Holding Kft.
The rating affirmation reflects Scope's expectation that strong operating performance will allow the company to keep moderate leverage and maintain sufficient interest coverage, even with new debt financing.
19/3/2025 Monitoring note
Scope has completed a periodic review for FCT Bpifrance SME 2020-1 - French SME ABS
This publication does not constitute a rating action.
18/3/2025 Monitoring note
New analysis on mortgage-covered bonds issued by Wüstenrot
Scope Ratings has updated its report on the Hypothekenpfandbriefe (Austrian mortgage covered bonds) issued by Bausparkasse Wüstenrot AG.
