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      Scope publishes final Automotive Suppliers Rating Methodology

      2/4/2025 Research EN

      Scope publishes final Automotive Suppliers Rating Methodology

      The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of automotive suppliers. No impact is expected on outstanding issuer and debt ratings.

      French banks quarterly: favourable earnings trajectory challenged by fragile economic recovery

      31/3/2025 Research EN

      French banks quarterly: favourable earnings trajectory challenged by fragile economic recovery

      French banks’ profits will grow moderately in 2025, supported by net interest income and commissions, notably in corporate and investment banking. But improvements in profitability could be slowed by the subdued performance of the domestic economy.

      Türkiye: political uncertainty clouds inflation outlook

      28/3/2025 Research EN

      Türkiye: political uncertainty clouds inflation outlook

      The impact of higher financial and political volatility on Türkiye’s credit ratings will mostly depend on the effectiveness of the monetary policy response and the consequences of any potential shifts in domestic economic policy.

      Scope proposes an update to its European Real Estate Rating Methodology and calls for comments

      27/3/2025 Research EN

      Scope proposes an update to its European Real Estate Rating Methodology and calls for comments

      The proposed update refines and further clarifies Scope’s approach. Scope is calling for comments on the methodology by 27 April 2025. The methodology as proposed might have a limited negative impact on the outstanding ratings of two issuers.

      EU banks NPL heatmaps: asset quality stable for now but downside risks remain

      27/3/2025 Research EN

      EU banks NPL heatmaps: asset quality stable for now but downside risks remain

      We expect a modest deterioration in EU banks’ asset quality, mainly driven by rising pressures in the EU corporate sector. But a worsening of the global operating environment could accelerate this deterioration, increasing credit risks for the banks.

      European defence: rearmament orders to test production, R&D, supply chains, short-term funding

      26/3/2025 Research EN

      European defence: rearmament orders to test production, R&D, supply chains, short-term funding

      Rearming Europe is set to boost demand for the region’s defence companies but will test the sector’s fragmented production capabilities, R&D, supply chains, and access to capital, says Scope Ratings.

      Webinar: Outlook for European corporate hybrid bonds

      24/3/2025 Research EN

      Webinar: Outlook for European corporate hybrid bonds

      Wednesday, April 9th 2025 - 11:00 AM (CEST)

      European rearmament plans: national policy choices will shape fiscal impact

      24/3/2025 Research EN

      European rearmament plans: national policy choices will shape fiscal impact

      Germany’s ample fiscal space to finance higher defence spending by issuing debt contrasts with the more constrained public finances in France and the United Kingdom unless both governments make significant budgetary adjustments.

      Spanish banks quarterly: Competitive dynamics put margins under pressure

      21/3/2025 Research EN

      Spanish banks quarterly: Competitive dynamics put margins under pressure

      While Spanish banks achieved record profitability in 2024, Q4 results suggest that net interest margins and customer spreads have peaked. Increasing fees and commissions will be key to profitability, given lower rates and competitive pressure on lending.

      Spain’s Autonomous Communities: debt relief eases burden but fails to address structural risks

      13/3/2025 Research EN

      Spain’s Autonomous Communities: debt relief eases burden but fails to address structural risks

      Spain's proposed EUR 83bn debt relief for autonomous communities, equal to 25% of total regional debt, is credit-positive as it will reduce the regions’ debt burden but it risks moral hazard, underscoring the need for financing reform.