The rating reflects the bank’s focus on shipping finance, as well as its strong earnings capacity and leading asset quality metrics in the Greek banking sector. The concentrated customer and funding profile is a risk.

Scope Ratings has updated its rating report on Danske Bank A/S, rated A+ with Stable Outlook.

Scope Ratings has updated its report on Italy-based IBL Banca SpA, rated BBB with Stable Outlook.

Blockchain-based digital bond rating reflects KfW's issuer rating which is aligned with the Federal Republic of Germany's AAA sovereign rating.

The rating affirmation reflects Scope’s expectation of full support from the parent given Crédit Foncier’s strategic importance for funding diversification.

The rating reflects the bank’s broadly diversified business model, strong franchise in very resilient Nordic economies and sound financial metrics.

The issuer rating factors Scope’s views that the implementation of the bank’s medium-term transformation strategy is still at an early stage. Silk Bank ambitions to become profitable in 2026.

Scope Ratings has updated its rating report on Georgia-based Finbureau LLC, rated B with Stable Outlook.

Rating affirmation reflects strong position in Italian PDL market, supportive earnings capacity and risk exposures, and adequate funding and solvency profile.

The issuer rating of A+ combined with governance support results in the highest achievable ratings for the mortgage covered bonds. The cover pool provides additional rating stability.