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Russia's Sberbank one of top 5 world's non-transparent firms

November 06, 2014, 11:39 UTC+3 MOSCOW
Sberbank was ranked fifth most non-transparent company, gaining only 1.5 points of transparency, while Bank of China was listed as the most non-transparent company with only one transparency point
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© ITAR-TASS/Maxim Shemetov

MOSCOW, November 6. /TASS/. Russia’s biggest lender Sberbank is one of five world’s most non-transparent companies, according to a report of the international corruption fighting organization Transparency International published on Thursday.

Sberbank was ranked fifth most non-transparent company, gaining only 1.5 points of transparency, while Bank of China was listed as the most non-transparent company with only one transparency point. Chinese banks Bank of Communications and Agricultural Bank of China, as well as car maker Honda Motor, were also among the top five non-transparent firms.

The report comprises transparency analysis of 124 largest companies according to the Forbes magazine, whose joint market value exceeds $14 trillion. Russian state-owned oil major Rosneft and gas giant Gazprom gained 4.2 points and 3.5 points of transparency respectively. Italy’s energy major Eni topped the rating as the world’s most transparent company with 7.3 points.

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