Announcements

    Drinks

      Climate risk in covered bond ratings can have counterintuitive credit impacts

      10/9/2025 Research EN

      Climate risk in covered bond ratings can have counterintuitive credit impacts

      Housing, the main collateral for covered bonds, contributes more than a third of Europe’s GHG emissions. Yet while climate change can significantly amplify credit risk in covered bonds, mitigation can add more credit risk than actual climate impacts.

      Key credit risks amid the expansion of data centres in Europe

      5/9/2025 Research EN

      Key credit risks amid the expansion of data centres in Europe

      Europe’s data centres continue to demonstrate strong credit fundamentals and the growth outlook is positive, underpinned by demand and an under-supply of physical space and power capacity.

      Political instability heightens risks to French banks’ profitability outlook

      2/9/2025 Research EN

      Political instability heightens risks to French banks’ profitability outlook

      French banks are well positioned to navigate short-term market volatility, but a prolonged political crisis could weigh on the sector via lower growth in lending and higher funding costs, partially reversing recent improvements in profitability.

      UK Banks Quarterly: credit fundamentals remain solid but asset quality expected to weaken

      26/8/2025 Research EN

      UK Banks Quarterly: credit fundamentals remain solid but asset quality expected to weaken

      UK banks’ credit fundamentals are strong. While we do expect some asset-quality weakening, profitability will remain high in 2025, capital is robust, liquidity is stable and deposits are growing. Meanwhile, sector consolidation will continue.

      EU banks NPL Heatmaps: asset quality steady but downside pressures emerging

      14/8/2025 Research EN

      EU banks NPL Heatmaps: asset quality steady but downside pressures emerging

      We continue to expect a mild deterioration in asset quality as pressure in some corporate sectors intensifies amid heightened geopolitical risk and a potential slowdown in global trade.

      UK car finance: redress scheme will have modest impact on UK banks rated by Scope

      11/8/2025 Research EN

      UK car finance: redress scheme will have modest impact on UK banks rated by Scope

      The UK Supreme Court judgment partially reversing the Court of Appeal ruling on car finance provides widespread relief to the banks affected as it will materially reduce compensation payouts. The FCA redress scheme will further moderate credit pressures.

      Italian Bank Quarterly: strong stress-test results, H1 performance provide reassurance

      8/8/2025 Research EN

      Italian Bank Quarterly: strong stress-test results, H1 performance provide reassurance

      Stress-test results demonstrate the improvements Italian banks have made in recent years. Capital positions are comfortable, asset quality is robust and profitability is resilient. Record first-half results point to another strong year.

      EU bank stress tests: resilience in the face of not-so-remote downside risks

      6/8/2025 Research EN

      EU bank stress tests: resilience in the face of not-so-remote downside risks

      The EU bank stress-test results align with our view that banks’ credit profiles are resilient and would help soften the impact of rising economic and other challenges on credit risk. But risk is skewed to the downside.

      Italian CQS ABS: Marzio Finance performance snapshot

      5/8/2025 Research EN

      Italian CQS ABS: Marzio Finance performance snapshot

      Scope Ratings has published the performance overview of notes issued by Marzio Finance, a EUR 10bn securitisation programme backed by ‘cessione del quinto’ and ‘delegazione di pagamento’ (CQS) loans originated by IBL Banca.

      Scope proposes updated Financial Institutions methodology and calls for comments

      4/8/2025 Research EN

      Scope proposes updated Financial Institutions methodology and calls for comments

      Scope Ratings requests comments on its Financial Institutions Rating Methodology by 4 September 2025. The proposed changes to the methodology are not expected to have an impact on outstanding ratings assigned by Scope.