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Fitch withdraws ratings from Russian banks

The Fitch Ratings logo can be seen at their offices in the financial district of Canary Wharf, London
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(Reuters) – Rating agency Fitch said on Tuesday it had withdrawn its ratings from 27 Russian banks, four of their subsidiaries and related special purpose vehicles.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

DUSTIN JONES

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