UniCredit Bank Leads in Transparency Rating
OREANDA-NEWS. UniCredit Bank holds the leading position in TOP-10 rating of the most transparent Ukrainian banks according to the results of the I-III quarters 2013 of the survey that was conducted by IBI -Rating together with the “Banker” magazine.
For the estimation there was applied a points system according to which the level of information disclosure is determined as a result of the points calculation that were given for the range of criteria such as financial report disclosure, general information about the bank, shareholders structure and belonging of the bank to the financial groups and information about the bank’s corporate governance. Thus, the highest point was given to the banks that published information about their activity on web sites in the most fully and prompt way.
In total 173 out of 182 banks that are included in the register of the National Bank according to the banking institutions reference book published on the NBU web site, took part in the survey.