Announcements

    Drinks

      Scope affirms SpareBank 1 Nordmore’s A- issuer rating with Stable Outlook

      30/10/2025 Rating announcement

      Scope affirms SpareBank 1 Nordmore’s A- issuer rating with Stable Outlook

      The rating benefits from the bank’s well established local franchise and continued strong operating performance and comfortable financial viability.

      EU: reforms more important than external threats for future sovereign credit profiles

      30/10/2025 Research

      EU: reforms more important than external threats for future sovereign credit profiles

      The claim that Europe’s gradual economic and geopolitical decline is irreversible is overstated. But it will require a strategic political shift to change the current trajectory.

      Italian NPL collections: volumes rebound sharply in September but remain below three-year average

      30/10/2025 Research

      Italian NPL collections: volumes rebound sharply in September but remain below three-year average

      Italian NPL collections in September nearly doubled compared with August (+95%). However, they remain significantly below the levels recorded in the same period last year, a trend that has persisted throughout the year.

      Private credit: singular risks but also opportunities for Europe with capital-markets reform

      30/10/2025 Research

      Private credit: singular risks but also opportunities for Europe with capital-markets reform

      The recent collapse of First Brands, in casting a shadow over the direct-lending sector in the US, raises important questions: does the rapid growth in private credit amplify corporate credit risk and will this be different in Europe compared with the US?

      Scope affirms BBVA’s A+ issuer rating with Stable Outlook

      29/10/2025 Rating announcement

      Scope affirms BBVA’s A+ issuer rating with Stable Outlook

      The rating affirmation follows the lapsing of the bid for Sabadell. The ratings incorporate BBVA’s 2025-2027 strategic objectives to maintain a resilient business profile and strong profitability; Capital buffers are set to remain just adequate.

      Scope affirms A/Stable issuer rating on DNV

      29/10/2025 Rating announcement

      Scope affirms A/Stable issuer rating on DNV

      The affirmation is driven by DNV’s leading position in maritime classification and services, coupled with robust cash generation and very strong financial metrics. Its dependence on the largest segments and its profitability remain constraints.

      Scope affirms Landkreditt Boligkreditt’s Norwegian covered bond rating at AAA, Stable Outlook

      28/10/2025 Rating announcement

      Scope affirms Landkreditt Boligkreditt’s Norwegian covered bond rating at AAA, Stable Outlook

      The rating on Landkreditt Boligkreditt’s Norwegian obligasjoner med fortrinnsrett reflects the issuer's A- rating enhanced by six notches from governance and cover pool support. 2 notches provide a buffer against an issuer downgrade.

      Climate-change risk framework: introducing issuer-specific Key Climate Risk Indicators

      28/10/2025 Research

      Climate-change risk framework: introducing issuer-specific Key Climate Risk Indicators

      Climate change can materially affect the creditworthiness of all issuer types and asset classes, so we have harmonised our general framework for capturing this risk, which can be applied to produce issuer-specific Key Climate Risk Indicators (KCRIs).

      No rating impact on FCT Bpifrance SME 2019-1 after amendments to transaction documents – SME ABS

      27/10/2025 Monitoring note

      No rating impact on FCT Bpifrance SME 2019-1 after amendments to transaction documents – SME ABS

      Scope Ratings GmbH (Scope) announces that extending the revolving period and amending the transaction documents will not, by themselves, trigger a Rating Action or lead to the withdrawal of current ratings of FCT Bpifrance SME 2019-1 class A notes.

      Scope upgrades Italian NPL Class A notes issued by Andor SPV S.r.l.

      27/10/2025 Rating announcement

      Scope upgrades Italian NPL Class A notes issued by Andor SPV S.r.l.

      The underlying portfolio is composed of secured and unsecured NPL loans sold by Intesa Sanpaolo S.p.A. and serviced by Intrum Italy S.p.A.