10/9/2024 Monitoring note
Scope has completed the monitoring review for Juno 2 S.r.l. - Italian NPL ABS
No action has been taken on Class A notes issued by Juno 2 S.r.l. following the monitoring review.
10/9/2024 Research
French bank quarterly: net interest margins to remain low for longer
The recovery in net interest margins is taking longer than French banks initially anticipated, due to limited loan production and continuing migration of deposits to remunerated accounts, so improvements in cost efficiency are limited.
9/9/2024 Rating announcement
Scope affirms MFO Rico Express LLC's issuer rating at B+. Outlook is Stable
The rating affirmation reflects Rico Express’ leading position in the Georgian pawn loan market, and supportive solvency metrics.
6/9/2024 Monitoring note
Scope has completed a monitoring review for Japan
The periodic review has resulted in no rating action.
6/9/2024 Rating announcement
Scope affirms the Kingdom of Norway's AAA rating with Stable Outlook
The ratings are supported by Norway’s economic resilience, its large savings accumulated in its sovereign wealth fund and strong macroeconomic governance. Challenges include financial imbalances and its long-run economic transition.
6/9/2024 Rating announcement
Scope upgrades Spain’s long-term credit ratings to A and changes the Outlook to Stable
Strengthened economic sustainability and sustained fiscal consolidation drive the upgrade. Elevated unemployment, structural budget pressures related to ageing expenditures, and still-high public debt are constraints.
6/9/2024 Rating announcement
Scope affirms Denmark at AAA with Stable Outlook
A wealthy and competitive economy, sound public finances and a solid external position are strengths. High household debt and banking sector vulnerabilities represent challenges.
6/9/2024 Rating announcement
Scope affirms class A notes and class B notes issued by BBVA RMBS 22, FT- Spanish RMBS
Scope affirms the class A notes and class B notes issued by BBVA RMBS 22 FT, following the review of the transaction.
6/9/2024 Rating announcement
Scope affirms class A notes and upgrades class B notes issued by BBVA RMBS 21, FT- Spanish RMBS
Scope affirms the class A notes and upgrades the class B notes issued by BBVA RMBS 21 FT, following the review of the transaction.
