Notification on the change of solicitation status

The periodic review has resulted in no rating action.

Resilient budgetary performance, solid liquidity position, low debt compared to peers and solid economic prospects support the rating. Limited flexibility in revenue and expenditure are constraints.

A wealthy economy, strong fiscal fundamentals and a robust external position are credit strengths. Exposure to external shocks as a small, open economy, ageing-related fiscal pressures and financial imbalances are challenges.

Scope Ratings has updated its rating report on Aurskog Sparebank, rated A- with Stable Outlook.

The withdrawal follows Scope’s decision to cease analytical coverage due to business reasons.

The periodic review has resulted in no rating action.

The rating reflects the Norwegian bank’s focused savings bank business model, solid earnings and sound prudential metrics.

Scope Ratings has updated its rating report on Banca Popolare di Sondrio, rated BBB with Positive Outlook.

The periodic review has resulted in no rating action.