trending Market Intelligence /marketintelligence/en/news-insights/trending/lsfpoSaw0pU5ldDaHIk3rg2 content esgSubNav
In This List

Fitch withdraws ratings on Renaissance Financial

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


Fitch withdraws ratings on Renaissance Financial

Fitch Ratings on Jan. 15 affirmed and subsequently withdrew the B-/B long- and short-term issuer default ratings of Bermuda-based Renaissance Financial Holdings Ltd., citing commercial reasons.

The long-term rating carried a stable outlook at the time of the withdrawal. Fitch also took the same action on the company's B- senior unsecured debt rating.

Renaissance Financial is the holding company of investment firm Renaissance Capital. Their ultimate parent is Russia's Onexim Group.