What is Fitch Rating ?

About Fitch Group:  

  • Fitch Ratings was founded as the Fitch Publishing Company on December 24, 1913 by John Knowles Fitch.
  • In 1924, the Fitch Publishing Company introduced the now familiar "AAA" to "D" ratings scale to meet the growing demand for independent analysis of financial securities.
  •  Fitch Ratings was one of the three ratings agencies first recognized as a nationally recognized statistical rating organization (NRSRO) by the Securities and Exchanges Commission in 1975.
  • In 1989, Fitch Ratings was recapitalized under a new management team and has since experienced dramatic growth.
  • In 1997, Fitch Ratings merged with IBCA Limited, headquartered in London.
  • Fitch Group is a global leader in financial information services with operations in more than 30 countries.
  • It has joint headquarters in London and New York.
  • Fitch Group is majority owned by Hearst Corporation.
  • Today, Fitch Ratings is a global rating agency dedicated to providing the world's credit markets with independent and prospective credit opinions, research and data. 

Fitch Group is comprised of:

  • 1) Fitch Ratings, a global leader in credit ratings and research.
  • 2) Fitch Solutions, a leading provider of credit market data, analytical tools and risk services.
  • 3) BMI Research, an independent provider of country risk and industry analysis specializing in emerging and frontier markets.
  • 4) Fitch Learning, a preeminent training and professional development firm.