Scope Ratings has updated its rating report on the Obligasjoner med fortrinnsrett (Norwegian mortgage-covered bonds) issued by Totens Sparebank Boligkreditt AS.

Rating affirmation reflects the bank’s continued solid operating performance, sound asset quality and stable capital position.

Scope Ratings has updated its rating report on JSC Silk Bank, rated B- with Stable Outlook.

The issuer rating of A- combined with governance support and the strength of the cover pool results in the highest achievable ratings for the covered bonds. Soft-bullets and overcollateralisation reduce maturity mismatch risks. Stable Outlook.

Scope Ratings has updated its rating report on JSC MFO Micro Business Capital, rated B with Positive Outlook.

Scope Ratings has updated its rating report on JSC Pasha Bank Georgia, rated B- with Stable Outlook.

Scope Ratings has published its first-time report on the Katettu joukkolaina (Finnish mortgage covered bonds) issued by Danske Mortgage Bank Plc (Danske Kiinnitysluottopankki Oyj).

The Outlook revision factors MBC’s overhaul of its risk management capabilities as it strives to transition into a microbank.

The issuer rating factors the bank's ongoing initiatives to improve financial performance and asset quality by refocusing on corporate and investment banking. Capital and funding remain tight in this context.

Scope Ratings has updated its rating report on Crédit Foncier de France, rated A+ with Stable Outlook.