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      French banks: sound credit profiles resilient against tighter financial conditions

      1/6/2023 Research EN

      French banks: sound credit profiles resilient against tighter financial conditions

      Pressure on French banks’ core profitability from tighter credit conditions is not denting their credit profiles. The recent round of results was solid and the prospect of better macroeconomic conditions in Europe is credit positive for the rest of 2023.

      Webinar: Falling NPL ratios hide rising vulnerabilities

      31/5/2023 Research EN

      Webinar: Falling NPL ratios hide rising vulnerabilities

      Tuesday, June 13th 2023 - 3:30 PM (CEST)

      Webinar: Performance review and outlook for Italian NPL ABS

      31/5/2023 Research EN

      Webinar: Performance review and outlook for Italian NPL ABS

      Wednesday, June 7th 2023 - 3:30 PM (CEST)

      Webinar: European real estate: prepare for more pain from higher yields

      31/5/2023 Research EN

      Webinar: European real estate: prepare for more pain from higher yields

      Tuesday, June 20th 2023 - 3:00 PM (CEST)

      Italian NPL collections: fewer DPOs, note sales pull down Q1 volumes

      30/5/2023 Research EN

      Italian NPL collections: fewer DPOs, note sales pull down Q1 volumes

      March Italian NPL collections increased by 33% on the month but were 23% and 28% lower than March 2021 and 2022, respectively. Meanwhile, first quarter 2023 volumes were 16% below the average of the same period of the previous two years.

      The Wide Angle – Bank resolution: living wills should come with marriage contracts

      25/5/2023 Research EN

      The Wide Angle – Bank resolution: living wills should come with marriage contracts

      With yet another reassuring set of results behind them, Europe’s large banks look remote from resolution so now is a good time to reassess whether the existing resolution framework is still capable of delivering what it is expected of it.

      Scope updates its covered bond rating methodology

      24/5/2023 Research EN

      Scope updates its covered bond rating methodology

      The updated methodology, now final following a call-for-coment period, will apply to all covered bonds ratings.

      European banks: tighter supervision of liquidity risks not a substitute for structural improvements

      23/5/2023 Research EN

      European banks: tighter supervision of liquidity risks not a substitute for structural improvements

      US banking turmoil and Credit Suisse’s sale to UBS have highlighted how vulnerable banks still are to bank runs. Supervisors are increasingly focusing on banks’ liquidity risks.

      Spanish banks: net interest income boost more than compensates for bank levy

      22/5/2023 Research EN

      Spanish banks: net interest income boost more than compensates for bank levy

      Spanish banks reported a strong set of first-quarter results, driven by year-on-year growth of 40% in net interest income, which more than offset the impact of the bank levy. Scope expects NII to be the main tailwind for stronger earnings in 2023.

      Italian NPL securitisation review: performance to remain subdued in 2023

      22/5/2023 Research EN

      Italian NPL securitisation review: performance to remain subdued in 2023

      We expect the performance of Italian NPL securitisations to remain subdued in 2023, although stable relative to last year. A series of factors is slowing the Italian economy and weakening affordability, which could in turn compromise collections.