Fitch withdraws Russian banks’ ratings

Business & Finance
29 Mar 2022 • 5:49 PM MYT
Malay Mail
Malay Mail

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File picture shows a Russian flag flying over Russian Central Bank headquarters in Moscow, December 3, 2018. — Reuters pic

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NEW YORK, March 29 — Rating agency Fitch said today it has withdrawn its ratings of 27 Russian banks, four of their affiliates and related financing special purpose vehicles.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. — Reuters

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