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Fitch withdraws national scale ratings in Russia

© AP Photo/Alexander Zemlianichenko

MOSCOW, December 23. /TASS/. Fitch Ratings made a decision to withdraw national scale ratings in Russia, the international rating agency said on Friday.

The decision was made after the introduction of a new regulatory framework of the credit ratings industry in Russia, rendering national scale ratings not useable for regulatory purposes, Fitch said.

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About 150 public Russian national scale ratings will be withdrawn by March 31, 2017, the Agency said.

"Fitch will continue to issue International Scale Ratings for Russian issuers," the rating agency reported.

The international rating agency has a long-standing presence in Russia, Fitch said. It "remains committed to continuing to provide transparent and forward-looking credit opinions for investors active in the Russian market," the rating agency reported.

"Fitch continues to expand its coverage of Russian issuers of international debt, where it currently has a ratings portfolio of approximately 200 issuers," it said.

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Yury Chikhanchin pointed out that the perpetrators of the attack were provided with money, weapons, transportation and ammunition

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Russian defense minister dismisses his deputy Ivanov

Timur Ivanov was removed from the office of deputy defense minister of the Russian Federation of the federal government’s civil service

Putin stays in daily contact with Sergey Shoigu, Kremlin spokesman says

Timur Ivanov was arrested by Moscow’s Basmanny Court

Russian court arrests in absentia four foreign agents charged with terrorism

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Russia’s Viner vows to set up International League of Rhythmic Gymnastics Clubs

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Ukraine exhausted, needs constant money flow from outside — defense official

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Anti-Russian measures prove world cannot exist in unipolar diktat, envoy says

According to Anatoly Antonov, "the further it goes, the more America corners itself into a zugzwang"

Russian diplomat thanks Tajik authorities for help in probe into Crocus terrorist attack

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Russia to retaliate immediately if Kiev gets ATACMS missiles — diplomat

Konstantin Gavrilov also noted that the "manic efforts" of some Western OSCE member countries to isolate Russia "are futile and will backfire on their initiators"

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Ukraine could send special forces to capture Zaporozhye NPP — politician

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Kiev may use ATACMS missiles to hit Crimean Bridge — Russian defense ministry official

Russian military will do its utmost to repel such attacks, Apty Alaudinov said

Ukrainian army strikes own surrendering soldiers — POW

Andrey Babenko said that after a crash course in Britain he had been sent to the frontline near Liman

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Dmitry Peskov pointed out that a year ago the opponents "were telling everyone that they were waiting for the moment Russia would be defeated on the battlefield"

US State Department confirms secret shipments of long-range ATACMS missiles to Kiev

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Kremlin vows to resolve situation with Turkish Airlines refusing service to Russians

Russia has "very constructive and friendly relations" with Turkey, Dmitry Peskov stressed

Potential nuclear facilities in Poland to be military target for Russia — senior diplomat

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Post-Soviet security bloc holds arms control consultations in Moscow

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Russia maintains position on 'buffer zone' in Ukraine to counter missile threats

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Russia’s new Supreme Court chief justice doesn’t plan drastic changes

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