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 today affirmed its long- and short-term ratings on ING Bank. At the same time, it has assigned a BBB rating to ING Group’s latest AT1 issue.

Scope Ratings has updated its rating report on ING Group’s AT1 securities.

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?

The handbook includes an assessment of how risks in the AT1 market are evolving. Recent developments concerning Banco Popular and Bremer Landesbank demonstrate the importance of issuer fundamentals when evaluating the likelihood of incurring losses.

Scope Ratings has updated its rating report on ING’s AT1 securities.

Scope rates at A+/Stable new TLAC/MREL-eligible senior debt issued by ING Group; also upgrades to AA-/Stable senior unsecured debt issued by ING Bank (in line with the bank’s existing Issuer Rating).

The rating applies to Tier 2 securities without trigger issued by ING Group.

Scope Ratings has updated its rating report on ING Bank, rated AA- with Stable Outlook.

The rating action reflects ING’s successful transition to a streamlined and simplified bank business model as well as its improved financial profile.