
18/7/2025 Monitoring note
Updated Rating Report on Georgian MFO Rico Express LLC
Scope Ratings has updated its rating report on Georgian MFO Rico Express LLC, rated B+ with Stable Outlook.

18/7/2025 Rating announcement
Scope affirms OTP Bank’s BBB+ issuer rating with Stable Outlook
Rating affirmation reflects the group’s robust operating performance and strong prudential metrics.

17/7/2025 Monitoring note
Scope publishes analytical report on Market Építő Zrt.
Following the recent rating action on Market Építő Zrt. on 15 July 2025, Scope has released an associated analytical report.

17/7/2025 Rating announcement
Scope affirms issuer rating of Tegeta Motors at BB- and assigns Negative Outlook
The affirmation reflects Scope’s view that the issuer will refinance the bond maturing in December 2025 after securing adequate external liquidity. The negative outlook accounts for the risk that the funding structure will not improve as expected.

17/7/2025 Research
France: multi-year budget plan supports fiscal outlook but great uncertainty remains
The government’s commitment to fiscal discipline is challenged by a rising interest burden, an economic slowdown and a fragmented and uncertain political environment weighing on the country’s fiscal and reform outlook.

16/7/2025 Monitoring note
Scope has completed a monitoring review for CDP
The periodic review has resulted in no rating action.

16/7/2025 Monitoring note
Scope has completed a monitoring review for Poste Italiane S.p.A.
The periodic review has resulted in no rating action.

16/7/2025 Research
Covered Bond Quarterly: higher mortgage rates highlight need for macroprudential measures in Europe
Higher mortgage rates have increased pressure on housing affordability. Longer fixed-rate mortgages periods limit the risk of shocks to the banking system and support the resilience of euro-area mortgage markets.

15/7/2025 Rating announcement
Scope upgrades Banca Popolare di Sondrio’s issuer rating to BBB+, revises Outlook to Stable
The upgrade reflects Scope’s view that BPS will become part of the stronger BPER group.