28 April 2025 / Company news
Nadia Calviño, EIB President, said: “Rating agencies play an important role in the access to capital markets, from large institutions to small and medium enterprises. The EIB's appointment of Scope Ratings, a European credit rating agency, shows our commitment to foster deeper and more efficient European capital markets.” Read the full EIB press release.
Florian Schoeller, CEO and founder of Scope Group, said: “With the mandate from the EIB to add to our recent ones from European institutions like the EU and the ESM as well as our acceptance by the ECB, Scope has become an integral part of Europe’s capital market architecture as the European rating agency. The mandates come at a time of geopolitical upheaval when it is crucial for Europe to enhance its strategic autonomy. Making debt capital markets less reliant on the US has been a key objective for Scope from its very early days.”
Vincent Georgel-O’Reilly, Chief Market Officer Credit Rating, said: “Scope Ratings continues to strengthen and support Europe’s capital-market infrastructure. With our distinctive approach to risk analysis and our high-quality credit opinions, we contribute to a more resilient European capital markets.”
Scope first assigned a rating to the EIB in November 2019 on an unsolicited basis and last affirmed the AAA/Stable ratings in June 2024. The rating is underpinned by sustained profit retention, very high asset quality, excellent access to capital markets and ECB facilities, a strong mandate and the backing of highly rated EU member states. Read the latest rating action announcement. Read the full rating report.
For more details about Scope’s ratings and views on supranational institutions please read Scope’s Supranational Outlook 2025.
On the European Investment Bank (EIB): Owned by the 27 Member States of the European Union (EU), the EIB is the EU's long-term financing institution. The EIB is financially autonomous and raises long-term funds through bond issuance in the international capital markets to meet its financing needs. For 2025, the EIB's global borrowing authorisation is set at up to EUR 65bn. Built around eight core strategic priorities, the EIB finances investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union and the Savings and Investment Union. The EIB Group, which includes the European Investment Fund (EIF), signed almost EUR 89bn in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.
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