Standard & Poor’s named Bank Vozrozhdenie No1 in terms of transparency from the shareholders’ perspective

Standard & Poor’s analyzed 30 major Russian banks in their survey “Transparency And Disclosure By Russian Banks: Modest Improvement And Better Ownership Disclosure Create New Leaders”.

While studying Transparency from the shareholders perspective, the agency analyzed banks’ charters, minutes of contents of the shareholders meetings, and information disclosure policies. Bank Vozrozhdenie was the top bank in these terms.

The first place of Bank Vozrozhdenie in the survey “Transparency from shareholders’ perspective” confirms the high degree of its responsibility to shareholders, - Neil Withers, Advisor to the President of Bank Vozrozhdenie commented. - We have significantly improved our reporting to shareholders and disclosure.