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6/2/2025 Research EN
Scope proposes an update to its Automotive Suppliers Rating Methodology and invites comments
Scope Ratings calls for comments on its Automotive Suppliers Rating Methodology by 6 March 2025. The update strengthens, refines and further clarifies Scope’s analytical approach. No impact is expected on outstanding issuer and debt ratings.

6/2/2025 Research EN
Georgia: microbank law to enhance financial-sector competitiveness and support growth
Georgia’s microbank framework is designed to enhance financial-sector competitiveness, expand the range of product offerings and services, and support entrepreneurs and the self-employed, driving economic growth.

6/2/2025 Research EN
US tariffs pose broad challenges for European vehicle makers, but impact will vary
US tariffs on vehicle imports from Mexico, Canada and China will hit Stellantis NV and Volkswagen AG the hardest, while BMW AG and Mercedes-Benz AG may be less affected due to greater pricing power and higher price elasticity.

5/2/2025 Research EN
Digital euro: a wake-up call for banks to adapt and innovate
A digital euro can strengthen the resilience and autonomy of Europe’s payment ecosystem and preserve the relevance of European banks. But it also has a potential to weaken bank profitability, increase costs, and accelerate runs on deposits in a crisis.

4/2/2025 Research EN
ING, Goldman Sachs set to exit Russia; RBI faces legal provision related to failed asset swap
ING and Goldman Sachs’s decisions to sell their Russian subsidiaries marks a key step in mitigating reputational, legal, and financial risks. But finalising sales still presents challenges due to stringent local legislation and multi-stage approvals.

30/1/2025 Research EN
Structured Finance Activity Report: Ratings drift tracks below neutral
Scope assigned new ratings to 78 instruments on 49 structured finance transactions in 2024, raising rated new-issue volume by 7.2%. On monitoring activity, heavy downgrades in Q1 pushed the 12-month ratings drift below neutral despite a strong Q4.

30/1/2025 Research EN
European corporate credit outlook 2025: stability despite challenging business environment
European non-financial companies face a broadly balanced credit outlook in 2025. Sturdy company finances stand in contrast to a challenging external environment of geopolitical and trade tensions, uneven growth and higher-for-longer interest rates.