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17/9/2025 Research EN
Italian NPL collections: July broadly on trend in relative terms but actual collections down 35%
July collections fell 23% month-on-month, slightly better than the previous three years when average collections were 28% lower. But while July was relatively on trend, actual collections were 35% below the previous three-year average.

15/9/2025 Research EN
JD.com-backed Ceconomy to intensify competition in Europe’s consumer-electronics sector
The planned acquisition of Ceconomy AG by Chinese retailer JD.com could mark an important shift in European consumer-electronics retailing by creating a more formidable, deep-pocketed player in an already highly competitive sector.

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.

28/7/2025 Research EN
Structured Finance Activity Report: positive ratings drift continues
Scope’s 12-month trailing ratings drift for structured finance transactions continued its shift into positive territory in the second quarter of 2025, with a positive ratio of upgrades over downgrades not seen since early 2022.

28/7/2025 Research EN
Italian NPL collections: all strategies contribute to 28% decline in first half
Collections fell 28% in the first half of 2025 compared to H1 2024, confirming the downward trend that began in 2023. All collection strategies contributed to the decline: judicial proceeds fell 30%, DPOs by 27% and note sales by 20%.

16/7/2025 Research EN
Covered Bond Quarterly: higher mortgage rates highlight need for macroprudential measures in Europe
Higher mortgage rates have increased pressure on housing affordability. Longer fixed-rate mortgages periods limit the risk of shocks to the banking system and support the resilience of euro-area mortgage markets.

3/7/2025 Research EN
Spanish Corporate Outlook: credit conditions improve; shallow local debt market remains constraint
The credit outlook for Spanish non-financial corporates is markedly favourable compared with the rest of Europe but the shallowness of domestic debt capital markets remains an obstacle for investment and growth at smaller companies, says Scope Ratings.