OREANDA-NEWS. National Rating Agency has withdrawn its reliability rating on KIT Finance (LLC) due to expiry of the contract. The company has been assigned an exit rating of 'AAA' on the national scale. KIT Finance was assigned NRA's 'AAA' reliability rating on Nov. 27, 2006. The latest rating action (the 'AAA' rating affirmation with a stable outlook) was on Aug. 4, 2015.

Founded in 2000, KIT Finance (LLC) is a division of KIT Finance Group, ultimately controlled by Blagosostoyanie Non-State Pension Fund. The company has strong shareholders, capable of providing financial support in case of distress. KIT Finance Group also includes KIT Finance Trade (LLC), KIT Finance Invest (LLC) and the Estonia-based AS KIT Finance Europe. Each of the said entities is a subsidiary to KIT Finance (LLC).

The company focuses on brokerage business within Russia and internationally. It also offers depository, as well as data and analytical consultancy services.