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      AAA Outlook: Stable
      AAA Outlook: Stable
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      09/02/2026
      General information
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      UK endorsed
      EU Rated
      Julian Zimmermann Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms European Bank for Reconstruction and Development’s AAA rating with Stable Outlook

      12/9/2025 Rating announcement EN

      Scope affirms European Bank for Reconstruction and Development’s AAA rating with Stable Outlook

      Strong capitalisation, high liquidity buffers and excellent capital markets access, a very strong mandate and highly rated shareholders support the rating; relatively weak asset quality is the key challenge.

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