From German funds to European credit
When it was first created in 2002, Scope specialised in the analysis of real assets. In the following years, it added ratings of asset managers and investment products to its portfolio.
In 2012, Scope expanded into the credit rating business by merging with PSR Rating, which specialised in the analysis of German mid-size automotive companies. Scope's ratings now include corporate issuers and their bonds, structured transactions and banks, as well as asset-based bonds in the aviation, real estate and renewable energies sectors, among others.
A European Focus
The same year, Scope entered the strategic French market, in particular for IBOs, when Euronext launched the French SME market. In 2013, the agency added a banking franchise to its portfolio aimed at rating the largest banking groups around the world. Scope Ratings AG is a credit rating agency registered in accordance with the EU rating regulation and operating in the European Union with ECAI status.