Florian Schoeller, CEO and founder of Scope Group, said: “The ESM rating mandate marks another milestone for Scope Ratings as the European rating agency at the heart of capital markets in Europe. The ESM joins the growing list of important European financial institutions which have mandated Scope including the European Union. The mandate, which also follows the inclusion of our ratings in the ECB’s credit assessment framework, provides more evidence of how our distinctive take on credit risk is valued at this time of geopolitical and economic uncertainty.”
Read the ESM press release in which ESM Managing Director Pierre Gramegna explains why Scope has been mandated.
Scope first assigned a rating to the ESM in May 2020 on an unsolicited basis and last affirmed the AAA/Stable ratings in July 2024. Scope’s AAA rating on the ESM reflects the supranational’s substantial capital position, very high liquidity buffers, excellent capital markets access and highly rated key shareholders. Read the latest rating action announcement. Read the full ESM rating report.
For more details about Scope’s ratings and views on supranational institutions please read Scope’s Supranational Outlook 2025.
On the ESM: The ESM is the crisis prevention and resolution mechanism of the euro area. The ESM provides financial assistance to euro area countries experiencing or threatened by severe financing problems, by raising financing on debt capital markets. More information on the ESM.
More news on Scope Group
