Business
Fitch withdraws ratings from Russian banks


FILE PHOTO: The Fitch Ratings logo is seen at their offices in the financial district of Canary Wharf in London, Britain March 3, 2016. REUTERS/Reinhard Krause
March 29, 2022
(Reuters) – Rating agency Fitch said on Tuesday it had withdrawn its ratings from 27 Russian banks, four of their subsidiaries and related special purpose vehicles.
The withdrawals were made for sanctions-related reasons, she added.
(Reporting by Maria Ponnezhath in Bengaluru and Louise Heavens)
https://www.oann.com/fitch-withdraws-russian-banks-ratings/?utm_source=rss&utm_medium=rss&utm_campaign=fitch-withdraws-russian-banks-ratings Fitch withdraws ratings from Russian banks