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 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.

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.