https://www.oann.com/fitch-withdraws-russian-banks-ratings/?utm_source=rss&utm_medium=rss&utm_campaign=fitch-withdraws-russian-banks-ratings

FILE PHOTO: The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016. REUTERS/Reinhard Krause

March 29, 2022

(Reuters) – Rating agency Fitch said on Tuesday it has withdrawn its ratings of 27 Russian banks, four of their affiliates and related financing special purpose vehicles.

The withdrawals are for sanction-related reasons, it added.

(Reporting by Maria Ponnezhath in Bengaluru, and Louise Heavens)

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