Announcements
Drinks
18/12/2025 Research EN
European telecoms: leverage heads for decade low as capex downswing continues
Europe’s telecoms operators are on course to reduce leverage to the lowest level in a decade as the capex cycle continues to turn down over the next two years, assuming no major outlays on M&A and technology.
16/12/2025 Research EN
Scope publishes new CRE Loan and CMBS Rating Methodology
Scope Ratings publishes its updated rating methodology for CRE securities and CMBS. All changes incorporated are non-material and affect no outstanding ratings. The proposed updates clarify and enhance the analytical approach.
12/12/2025 Research EN
European Bank Outlook 2026: late-cycle headwinds put resilience to the test
We have a balanced base case for European banks going into 2026. Profitability is resilient, asset quality and capital buffers are solid. We have upgraded our profitability forecasts for 2026 and 2027. But several risk factors could test the outlook.
8/12/2025 Research EN
From buzz to balance: private credit faces challenges but structural growth prospects remain solid
The buzz around private credit since First Brands’ bankruptcy shows that investors need to be alert to the risks of engaging with this market. But it is also important not to exaggerate the credit risks or rate of growth of this market.
3/12/2025 Research EN
Poland unveils ambitious plans for covered bonds
The cut in minimum Long-Term Funding Ratio (WFD) requirements from 40% to 20% recommended by Poland’s Financial Supervision Authority and the inclusion of capped retail deposits come alongside bold measures to strengthen the covered bond market.
1/12/2025 Research EN
Italian NPL collections: downward trend not only persists but worsens
Collections for first 10 months of 2025 are consistent with the negative trend that started in 2023. The split between recovery strategies, meanwhile, has been constant. October collections were in line with September’s, recording a slight decrease of 2%.
28/11/2025 Research EN
Structured Finance Activity Report: ratings drift levels out in positive territory
Scope’s 12-month trailing ratings drift for structured finance transactions continued its shift into positive territory in the third quarter of 2025, with a positive ratio of upgrades over downgrades not seen since early 2022.
19/11/2025 Research EN
Italian Bank Outlook 2026: stable, supported by solid fundamentals, but risks remain high
Profitability is set to remain strong in 2026. Moderate loan growth, steady fee expansion and stable costs will support profits. But we are projecting an increase in provisions as default rates normalise, while economic and other risks remain high.
