4/7/2025 Rating announcement
Scope withdraws ratings on the Kingdom of Morocco
The withdrawal follows Scope's decision to cease analytical coverage due to business reasons.
4/7/2025 Rating announcement
Scope affirms the Republic of Malta’s long-term foreign-currency ratings at A+ with Stable Outlook
Robust growth outlook, record of fiscal discipline, and solid external position anchor the ratings. A resource-constrained economy, contingent fiscal risks, institutional and administrative shortcomings are challenges.
4/7/2025 Monitoring note
Scope has completed a monitoring review for the Kingdom of Belgium
The periodic review has resulted in no rating action.
4/7/2025 Rating announcement
Scope affirms BB- issuer rating on Hungarian real estate company Futureal; Outlook revised to Stable
The rating action reflects Futureal’s solid pipeline execution, improved earnings stability, and adequate liquidity.
4/7/2025 Rating announcement
Scope affirms B+/Negative issuer rating on Hungarian real estate developer Wingholding Zrt.
The affirmation reflects Wing’s solid pipeline execution and improved earnings visibility; The Negative Outlook signals limited headroom in credit metrics.
3/7/2025 Rating announcement
Scope rates Polish auto lease notes issued by Vehis Auto Leasing 2025 DAC
The PLN 1,356.6m underlying portfolio of auto lease receivables was originated to mostly SME borrowers by Vehis Finanse sp. z o.o.
3/7/2025 Rating announcement
Scope affirms Finbureau LLC ‘B’ issuer rating with Stable Outlook
The rating affirmation reflects the issuer’s prominent market position in the debt purchase and collection sector in Georgia, as well as a supportive earnings capacity.
3/7/2025 Research
Spanish Corporate Outlook: credit conditions improve; shallow local debt market remains constraint
The credit outlook for Spanish non-financial corporates is markedly favourable compared with the rest of Europe but the shallowness of domestic debt capital markets remains an obstacle for investment and growth at smaller companies, says Scope Ratings.
3/7/2025 Research
Europe’s gigafactories: kick-starting sector requires delicate industrial, financial trade-offs
Financial backers of European battery projects face a paradox. Political and industrial impetus to build a resilient regional electric-vehicle (EV) supply chain is strong, but technological, operational and commercial risks are high, says Scope Ratings.
