The affirmation reflects the credit-neutral impact of the planned acquisition of Austrian Anadi Bank AG, with Hypo-Bank Burgenland AG becoming the bank’s sole owner. Closing of the transaction is expected for February 2026.

Scope has ceased analytical coverage on Banca Popolare di Sondrio at the client’s request.

Tightened capital position following strong growth is only expected to moderate in the medium term. Profitability remains supportive and currently benefits from the microbank transition.

Scope Ratings has updated its rating report on UniCredit, rated A with Stable Outlook.

The rating is supported by BNP Paribas’s very resilient business model, supportive profitability and asset quality, and adequate buffers to prudential requirements based on the lighter risk intensity of the balance sheet.

The rating reflects the bank’s very resilient business model that combines banking, wealth management and insurance. Profitability is relatively modest compared to peers but supported by strong asset quality and a solid capital position.

The upgrade reflects structural progress in strengthening the earnings mix and cost base, pointing to a more balanced business model. The rating is underpinned by the bank’s strong market position, improved earnings capacity and adequate financial metrics

Scope Ratings has updated its issuer report on ING Groep N.V., rated AA- with Stable Outlook.

The rating reflects the group’s resilient and diversified business model, supportive earnings capacity and adequate buffers to prudential requirements.

The rating continues to benefit from the groups’ well-executed geographical diversification, with solid franchises in several European countries and strong financial fundamentals.