Announcements

    Drinks

      Scope converts bank and covered bond credit ratings from public into subscription ratings

      29/8/2019 Monitoring note EN

      Scope converts bank and covered bond credit ratings from public into subscription ratings

      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.

      New analysis on The Royal Bank of Scotland Group plc

      29/8/2019 Monitoring note EN

      New analysis on The Royal Bank of Scotland Group plc

      Scope Ratings has updated its rating report on The Royal Bank of Scotland Group plc, rated A with Stable Outlook.

      New analysis on The Royal Bank of Scotland Group PLC

      18/7/2018 Monitoring note EN

      New analysis on The Royal Bank of Scotland Group PLC

      Scope Ratings has updated its rating report on The Royal Bank of Scotland Group PLC, rated A with Stable Outlook. On 11 July 2018, Scope took positive rating actions on long-term ratings of various RBS Group entities due to improved credit fundamentals.

      Scope takes rating actions on long-term ratings of RBS Group entities due to improved fundamentals

      11/7/2018 Rating announcement EN

      Scope takes rating actions on long-term ratings of RBS Group entities due to improved fundamentals

      Rating actions conclude review initiated two months ago. They reflect the improvement in RBS Group’s fundamentals. Ratings no longer benefit from one-notch of uplift for expected state support. Further, ratings reflect group’s new ring-fenced structure.

      New analysis on The Royal Bank of Scotland Group’s AT1 securities

      2/7/2018 Monitoring note EN

      New analysis on The Royal Bank of Scotland Group’s AT1 securities

      Scope Ratings has updated its rating report on The Royal Bank of Scotland Group’s AT1 securities. The ratings are currently on review for possible upgrade.

      Investors should not be complacent to AT1 risks

      27/6/2018 Monitoring note EN

      Investors should not be complacent to AT1 risks

      The Additional Tier 1 market reaches a landmark in 2018 as the earliest issues hit their first call dates. The investor base has grown, and terms and structures have standardised. But what lessons should be learned from developments in this market?

      Scope reviews for possible upgrade the long-term ratings of RBS Group entities (Issuer Rating at A-)

      24/5/2018 Rating announcement EN

      Scope reviews for possible upgrade the long-term ratings of RBS Group entities (Issuer Rating at A-)

      Scope’s review will evaluate the progress the RBS group has made in transforming its business model to generate sustainable earnings. The review will also assess whether the one-notch rating uplift due to expected state support is still warranted.

      Scope upgrades by one notch the short-term ratings of 20 European banks

      26/10/2017 Rating announcement EN

      Scope upgrades by one notch the short-term ratings of 20 European banks

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

      New analysis on The Royal Bank of Scotland Group’s AT1 securities

      6/7/2017 Monitoring note EN

      New analysis on The Royal Bank of Scotland Group’s AT1 securities

      Scope Ratings details the rationale behind the rating on RBS’s AT1 securities which were rated for the first time last month.

      New analysis on The Royal Bank of Scotland PLC

      2/6/2017 Monitoring note EN

      New analysis on The Royal Bank of Scotland PLC

      Scope Ratings has updated its rating report for The Royal Bank of Scotland PLC, rated A- with Stable Outlook. Information on the group’s positioning with respect to estimated MREL requirements has been added.