The Outlook revision factors MBC’s overhaul of its risk management capabilities as it strives to transition into a microbank.

The issuer rating factors the bank's ongoing initiatives to improve financial performance and asset quality by refocusing on corporate and investment banking. Capital and funding remain tight in this context.

Scope Ratings has updated its rating report on Crédit Foncier de France, rated A+ with Stable Outlook.

The issuer rating of A+ enhanced by up to six notches of governance-support based uplift results in the highest achievable ratings for the mortgage-covered bonds issued out of Pool C and D. Cover pool support can provide additional rating stability.

The rating on Danske Mortgage Bank PLC’s Finnish mortgage covered bonds (Katettu joukkolaina) reflects the issuer's credit rating enhanced by up to five notches of governance-support based uplift. The cover pool provides additional rating stability.

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.