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.

Scope Ratings has today affirmed its long- and short-term ratings on ING Bank. At the same time, it has assigned a BBB rating to ING Group’s latest AT1 issue.

Scope Ratings has updated its rating report on ING’s AT1 securities.

The rating action reflects ING’s successful transition to a streamlined and simplified bank business model as well as its improved financial profile.

Scope Ratings has updated its analysis on ING AT1 securities

The new rating refers to the 6% USD 1bn and 6.5% USD 1.25bn Additional Tier 1 contingent convertible securities issued in April 2015. The ratings have a Positive Outlook in line with ING’s long-term rating outlook.