The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of chemicals companies. The methodology might have a positive impact of one notch for one rated entity.

The methodology is now final and applies to all issuer and debt ratings of European retail and wholesale companies. The update refines Scope’s analytical approach and may have some negative impact on the current ratings of two issuers.

Collections in May 2025 rose 12% month-on-month to EUR 144m but were 38% lower than the average May volumes of the previous three years.

Les économies américaine et européenne connaîtront une croissance plus lente que prévue en 2025, contribuant à un ralentissement de la croissance économique globale. Les perspectives de l’économie mondiale restent orientées à la baisse, selon Scope Group.

The US and European economies will expand more slowly in 2025 than previously forecast, contributing to more moderate global economic growth, with risks for the global economy and global credit risk skewed to the downside, Scope Group says.

BPCE’s announcement of the acquisition of 75% of Novo Banco, Portugal’s 4th largest bank, from Lone Star Funds represents an important development in European bank M&A.

Spanish banks’ net interest margins reached their lowest level in Q1 vs 2024, yet profitability continues to improve, driven by higher loan volumes, sustained growth in fees and commissions and strict cost discipline.

Mixed recent results from Europe’s leading car makers have done little to shift the negative credit outlook for the auto sector despite encouraging trends among some original equipment manufacturers (OEMs).

The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of corporates in the sector. The application of the updated methodology will not trigger any rating changes.

Collections in April declined by 22% month over month and were 35% lower than the April average for the three previous years, indicating a notable slowdown in recovery performance.