The periodic review has resulted in no rating action.

The periodic review has resulted in no rating action.

Highly rated member states’ commitment, strong mandate, high liquidity buffers, excellent capital market access and preferred creditor status support the ratings; rising debt and guarantees pose challenges.

Strong fiscal outlook, robust economic growth, and reduced vulnerabilities in the banking system drive the outlook change. The small, open economy, large external imbalances and legacy vulnerabilities in the banking sector are key challenges.

Still-robust growth prospects and a solid external position support the rating. A relatively high public debt and fiscal deficits, continued uncertainty around the disbursement of substantial EU funds, and vulnerabilities to external shocks are challenges

Following the affirmation of the BB- issuer rating and the revision of the Outlook to Negative on 21 May 2025, Scope has updated its analytical report on ITK Holding Zrt.

The rating reflects the bank’s focus on shipping finance, as well as its strong profitability and clean balance sheet. Customer and funding concentration pose risks.

Affirmation of the ratings reflects the banks’ continued solid operating performance.

This publication does not constitute a rating action.

This publication does not constitute a rating action.