In the context of Scope Ratings’ strategy of focussing on the needs of institutional investors, Scope will offer its unsolicited bank and covered bond credit ratings on a subscription basis only via its credit intelligence platform.

Following changes in the group’s legal structure to implement UK ring-fencing requirements, Scope has affirmed the A+ Issuer Rating of Barclays Bank PLC and has assigned first-time A+ Issuer Ratings to Barclays PLC and to Barclays Bank UK PLC.

Scope Ratings has updated its analysis on Barclays plc’s AT1 securities and Barclays Bank’s Tier 2 securities.

Over 45 capital instruments of 11 banks in six EU countries and in Switzerland rated