Announcements

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      Scope affirms Banca Popolare di Sondrio's issuer rating of BBB with Stable Outlook

      17/4/2024 Rating announcement

      Scope affirms Banca Popolare di Sondrio's issuer rating of BBB with Stable Outlook

      Rating affirmation reflects the recent strong operating performance as well as solid asset quality and solvency metrics.

      Middle-east crisis: geopolitics remains a downside risk for the global economic and credit outlook

      17/4/2024 Research

      Middle-east crisis: geopolitics remains a downside risk for the global economic and credit outlook

      A full-scale Middle-East conflict is unlikely but any further escalation of tensions would have significant adverse consequences for commodity markets and inflation, affirming geopolitical developments as a core credit challenge globally.

      Covered Bond Quarterly: Have German banks put Pfandbriefe at risk?

      17/4/2024 Research

      Covered Bond Quarterly: Have German banks put Pfandbriefe at risk?

      After a strong January, EUR benchmark covered bond issuance slowed in February and March. Some of the reluctance to issue may have been driven by Germany’s specialised commercial mortgage lenders, given rising tensions in commercial real estate.

      Scope has completed a monitoring review for Communication Technologies Kft

      16/4/2024 Monitoring note

      Scope has completed a monitoring review for Communication Technologies Kft

      The periodic review has resulted in no rating action.

      Scope downgrades class A notes and class B notes issued by 4Mori Sardegna S.r.l. - Italian NPL ABS

      16/4/2024 Rating announcement

      Scope downgrades class A notes and class B notes issued by 4Mori Sardegna S.r.l. - Italian NPL ABS

      Scope downgrades class A notes and class B notes issued by 4Mori Sardegna S.r.l., a static cash securitisation of Italian non-performing loan receivables, following a monitoring review.

      Scope affirms the B+/Negative issuer rating on Trans-Sped Kft.

      15/4/2024 Rating announcement

      Scope affirms the B+/Negative issuer rating on Trans-Sped Kft.

      The affirmation reflects the stressed financial risk profile as profitability remains under pressure in a more challenging market environment characterised by lower demand and higher operating costs.

      Webinar: French banks head into a more volatile business environment

      15/4/2024 Research

      Webinar: French banks head into a more volatile business environment

      Tuesday, April 23rd 2024 - 3:30 PM (CEST)

      Scope affirms Council of Europe Development Bank’s AAA rating with Stable Outlook

      12/4/2024 Rating announcement

      Scope affirms Council of Europe Development Bank’s AAA rating with Stable Outlook

      Strong capital base, excellent asset quality, very high liquidity buffers, growing strategic importance, and highly rated shareholders support the rating. High leverage is the key credit challenge.

      Scope affirms the Arab Republic of Egypt’s ratings at B- and revises the Outlook to Stable

      12/4/2024 Rating announcement

      Scope affirms the Arab Republic of Egypt’s ratings at B- and revises the Outlook to Stable

      Renegotiation of the IMF programme and strong commitment to reform drive the Outlook change. Weak debt affordability and high government debt remain credit challenges.

      Scope has completed a monitoring review for the European Financial Stability Facility

      12/4/2024 Monitoring note

      Scope has completed a monitoring review for the European Financial Stability Facility

      The periodic review has resulted in no rating action.