Azernews.Az

Thursday July 3 2025

Fitch to withdraw Russian issuer ratings by April 15

24 March 2022 19:15 (UTC+04:00)
Fitch to withdraw Russian issuer ratings by April 15

By Trend

Fitch Ratings intends to withdraw the ratings of all Russian organizations and their divisions in accordance with the sanctions imposed against the Russian Federation by the European Union, Trend reports citing Interfax.

As part of the fourth package of sanctions adopted by the EU countries on March 15, 2022, European agencies are prohibited from rating the Russian Federation and Russian companies, as well as from providing rating services to Russian clients.

"The ratings will be withdrawn by the 15 April deadline set by the EU," Fitch said in a press release.

--

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more