Greensill Bank signs innovative credit assessment deal with Scope

17th October, 2019

Scope has concluded an agreement with Greensill, a leading provider of working capital finance to companies globally. Under the deal, Scope will become a material partner, providing credit opinions to Greensill Bank AG.

“We are delighted that Greensill Bank has chosen Scope to be its partner in assessing credit quality. Scope works closely with clients to produce credit assessments in an efficient and scalable manner that meets supervisory requirements. The deal demonstrates strong commitment from both parties,” said Florian Schoeller, CEO and founder of Scope Group.

As a unit of Scope Group, Scope Risk Solutions is a sophisticated, high-quality credit risk assessment and monitoring platform providing independent counterparty credit assessments that will enable Greensill Bank to meet regulatory demands for in-house analysis and ongoing management of credit exposures.

Scope Risk Solutions’ provision of service to Greensill Bank falls under the supervisory requirements of BaFin’s comprehensive Minimum Requirements for Risk Management, which governs organisational requirements for internal risk management.

The Greensill Group provides working capital finance across the maturity spectrum. The co-operation with Scope is designed to upgrade the process efficiency and consistency in credit evaluation across the Greensill Group. To that end Scope Risk Solutions is already providing its Assessments Of Credit Risk (AOCR) service to the parent company, Greensill Capital.

Besides the analytical rigour of its credit analysis, the main attributes of Scope’s services for Greensill Bank lie in Scope Risk Solution’s ability to customise the reporting formats to the client’s needs as well as its short response times and the ability to cover multiple asset classes.

Under the partnership arrangement, Greensill Bank can order assessments on as many counterparties as needed. These will grow significantly due to the recent capital injection by Softbank’s Vision Fund. In May 2019, the fund announced an USD 800m investment in Greensill.

< Back to News

Visionary, Bold, Disruptive

Each month, Greensill’s team of experts contribute to the latest insights and analysis, setting the agenda and leading the discussion on unlocking capital so you can put it to work.


27th July, 2020

Doctors Go Digital

A new digital partnership has developed solutions that enable the NHS to cover staff shortages more efficiently, provide on-demand pay for doctors working additional locum shifts and can potentially reduce the NHS annual agency bill for temporary staff.


16th June, 2020

Fair Finance in Latin America

Greensill is rapidly scaling up to offer Latin American businesses a much-needed lifeline and fairer access to finance. Learn how a new Greensill partnership aims to unlock $750 billion of working capital across Latin America.


22nd April, 2020

Drive to Survive: Funding the Automotive Future

Covid-19 and regulatory pressure present incredible challenges for the automotive industry, but investments in the future of transportation offer a path forward. Learn how Greensill is helping to fund the automotive future.


6th March, 2020

Spotlight on Suppliers

Greensill founder and CEO Lex Greensill understands the difference a steady stream of reliable working capital can make to a small business. Hear from the businesses and people who rely on Greensill to make finance fairer for all.

Sign up to monthly insights in our Newsletter

Subscribe to the Greensill monthly newsletter to discover the latest in news, views and insights in the world of balance sheet optimisation, working capital and supply chain finance. Join the discussion today.