Financiers do not trust Fitch

The ratings of Fitch agency discredited themselves among bankers and investors. In the meantime for negative forecasts of this agencies Ukraine pays by million losses. That was told by general director of DAGDA LLC, the President of Ukrainian Society of Financial Analysts, Yuriy Prozorov to correspondent of LIGABusinessInform.
Y. Prozorov noted that Fitch, like all rating business firstly has outlived its usefulness and secondly its forecasts tricked a huge number of economic entities by high forecast and ratings of mortgage securities. "After that lots of bankers openly say: we do not trust Fitch.

The source: LIGABusinessInform