<p>S&P Global Ratings, a unit of financial information provider S&P Global Inc, said on Monday it will withdraw ratings for all Russian entities before April 15.</p>.<p>The decision comes weeks after parent company S&P Global said it was suspending commercial operations in Russia, joining a global exodus of companies out of the country due to tightening economic sanctions over Moscow's invasion of Ukraine.</p>.<p>The credit rating agency is doubling down on its corporate boycott of Russia after the European Union announced a ban on providing credit ratings to legal persons, entities or bodies established in Russia, S&P Global Ratings said.</p>.<p>Western sanctions have frozen much of Russia's central bank's $640 billion in assets, barred several banks from global payments system SWIFT and sent the rouble into free fall.</p>.<p>Credit rating agencies Moody's and Fitch also suspended commercial operations in Russia earlier this month.</p>.<p><strong>Check out DH's latest videos</strong></p>
<p>S&P Global Ratings, a unit of financial information provider S&P Global Inc, said on Monday it will withdraw ratings for all Russian entities before April 15.</p>.<p>The decision comes weeks after parent company S&P Global said it was suspending commercial operations in Russia, joining a global exodus of companies out of the country due to tightening economic sanctions over Moscow's invasion of Ukraine.</p>.<p>The credit rating agency is doubling down on its corporate boycott of Russia after the European Union announced a ban on providing credit ratings to legal persons, entities or bodies established in Russia, S&P Global Ratings said.</p>.<p>Western sanctions have frozen much of Russia's central bank's $640 billion in assets, barred several banks from global payments system SWIFT and sent the rouble into free fall.</p>.<p>Credit rating agencies Moody's and Fitch also suspended commercial operations in Russia earlier this month.</p>.<p><strong>Check out DH's latest videos</strong></p>