The periodic review has resulted in no rating action.

The periodic review has resulted in no rating action.

Improved economic resilience, sustained fiscal discipline and debt reduction drive the Outlook change. High debt, structural growth constraints, and a persistent external deficit remain key challenges.

Scope Ratings has updated its rating report on the Obligasjoner med fortrinnsrett (Norwegian mortgage-covered bonds) issued by Landkreditt Boligkreditt AS

Scope Ratings has updated its rating report on BAPS, rated BBB-/Stable.

The rating reflects a well-established cooperative franchise, solid asset quality metrics and sound capital and funding positions.

Scope Ratings has updated its rating report on Skagerrak Sparebank, rated A- with Stable Outlook.

State guarantees, strong operational links and high strategic importance underpin the equalisation on Republic of Malta’s ratings. High concentration and rising debt are challenges.

The periodic review has resulted in no rating action.

Government stability, a reinforced commitment to fiscal consolidation, and stronger economic resilience drive the Outlook change. High government debt, weak GDP growth and adverse demographics are challenges.