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      Scope downgrades Greensill Bank AG to B-/Negative and withdraws its credit ratings

      5/3/2021 Rating announcement EN

      Scope downgrades Greensill Bank AG to B-/Negative and withdraws its credit ratings

      The downgrade reflects the severe deterioration in the bank’s business model and the group’s financial condition.

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      Scope publishes detailed rating report for Greensill Bank

      16/10/2020 Monitoring note EN

      Scope publishes detailed rating report for Greensill Bank

      The bank is rated BBB+ with a Negative Outlook

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      Scope downgrades Greensill Bank AG to BBB+ and assigns short-term rating of S-2, Outlook negative

      17/9/2020 Rating announcement EN

      Scope downgrades Greensill Bank AG to BBB+ and assigns short-term rating of S-2, Outlook negative

      The rating reflects progress at Greensill Bank, while risks at Group level are increasing in a volatile operating environment.

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      Scope publishes detailed rating report on Greensill Bank AG (Issuer rating at A-, Stable)

      29/8/2019 Monitoring note EN

      Scope publishes detailed rating report on Greensill Bank AG (Issuer rating at A-, Stable)

      The rating of Greensill Bank reflect the bank’s capitalisation and its high degree of integration with the Greensill group.

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      Scope assigns first-time rating to Greensill Bank AG (Issuer rating at A-, Stable)

      19/7/2019 Rating announcement EN

      Scope assigns first-time rating to Greensill Bank AG (Issuer rating at A-, Stable)

      The rating of Greensill Bank reflect the bank’s capitalisation and its high degree of integration with the Greensill group.

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