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 updated its rating report on Lloyds Banking Group plc, rated A+ with Stable Outlook.

Scope Ratings has updated its rating report on Lloyds Banking Group PLC, rated A+ with Stable Outlook.

Scope also affirmed all other existing ratings and assigned a new Issuer Rating of A to Lloyds Bank Corporate Markets, the future non-ring-fenced bank; all ratings with Stable Outlook.

Scope Ratings has updated its rating report on Lloyds Banking Group plc’s AT1 securities.

Rating upgrade reflects Scope’s view of these banks’ reassuring liquidity dynamics, positively impacted by European supervisors’ enhanced focus on bank liquidity and funding.

Scope Ratings has updated its rating report on Lloyds Banking Group plc’s AT1 securities.

Scope Ratings has updated its rating report for Lloyds Bank plc, rated A+ with Stable Outlook. Information on the group’s positioning with respect to estimated MREL requirements has been added.

Rating upgrades follow review for possible upgrade initiated on 19 May 2016; affected banking groups are: Barclays Bank plc, HSBC Holdings plc, Lloyds Bank plc, The Royal Bank of Scotland plc, KBC Group NV, Credit Suisse AG, and UBS AG.

Rating actions – on Barclays Bank plc, HSBC Holdings plc, Lloyds Bank plc, The Royal Bank of Scotland plc, KBC Group NV, Credit Suisse AG, and UBS AG – following updated bank rating methodology which addresses ranking of TLAC/MREL senior unsecured debt.