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      Scope Financial Conditions Index improves in January

      26/1/2023 Research EN

      Scope Financial Conditions Index improves in January

      A less bleak economic outlook and the prospect that inflation and interest rates will peak in Europe this year have eased capital market conditions as refinancing gets underway, supporting credit quality. However, pockets of corporate distress remain.

      Webinar: Outlook for European bank and corporate hybrids

      23/1/2023 Research EN

      Webinar: Outlook for European bank and corporate hybrids

      Wednesday, February 8th 2023 - 3:00 PM (CET)

      2023 Covered Bond Outlook: credit stability despite growing challenges

      23/1/2023 Research EN

      2023 Covered Bond Outlook: credit stability despite growing challenges

      The European banking sector emerged unscathed from the Covid crisis and (so far) from the war in Ukraine, but 2023 will be another year of challenges. Covered bonds will once again shine as the go-to product in stormy times.

      Spanish banks adequately capitalised; solid buffers provide cushion against macro deterioration

      20/1/2023 Research EN

      Spanish banks adequately capitalised; solid buffers provide cushion against macro deterioration

      Supervisors recommend prudence around capital planning so the bullish outlook for Spanish bank earnings in 2023 could further support their credit profiles.

      The Wide Angle – European banks in 2023: multi-pronged digital challenge remains

      12/1/2023 Research EN

      The Wide Angle – European banks in 2023: multi-pronged digital challenge remains

      2023 will be another bumper year for European banks from the financial perspective. Which is just as well because the sector will continue to face substantial structural challenges: economic, geopolitical, financial risks from outside the banking system,

      Structural mortgage risks expose European households to value corrections

      11/1/2023 Research EN

      Structural mortgage risks expose European households to value corrections

      Growth in European house prices is finally trending down. This comes as no surprise since residential activity in some countries had already indicated a slowdown and lower values. But the picture across the EU, UK, Switzerland and Norway is mixed.

      Asset quality, leveraged finance drive 2023 Pillar 2 capital updates

      10/1/2023 Research EN

      Asset quality, leveraged finance drive 2023 Pillar 2 capital updates

      Banks’ Pillar 2 requirements for 2023 reflect well-flagged supervisory concerns about asset quality and leveraged finance exposures. Major EU banks should not have issues meeting new requirements, however, even if some are subject to multiple increases.

      The Wide Angle: the banking year in review

      5/1/2023 Research EN

      The Wide Angle: the banking year in review

      The past year in review through the lens of Sam Theodore’s The Wide Angle - analysing the key issues facing European banks

      2023 European Banking Outlook: strong ships in turbulent waters

      4/1/2023 Research EN

      2023 European Banking Outlook: strong ships in turbulent waters

      Visibility as we enter 2023 is extremely low, owing to a cocktail of uncertainties around the policy mix and geopolitical factors. Nonetheless, we paint a benign base-case picture for banks despite the deteriorating macroeconomic environment.

      Scope proposes to incorporate Bank Capital Instruments Rating Methodology into FI Rating Methodology

      20/12/2022 Research EN

      Scope proposes to incorporate Bank Capital Instruments Rating Methodology into FI Rating Methodology

      No impact expected on existing ratings.