The most transparent commercial banks in Moldova in terms of shareholder composition are: BCR Chisinau, Eximbank - Gruppo Veneto Banca, Mobias Banca – Groupe Societe General and ProCredit Bank. These banks got by five stars, which is the highest level of share ownership transparency, shows the ratings compiled by the independent think tank “Expert Grup”. These were presented in a news conference at IPN by expert Natan Garstea.

Based on the analysis of the information available on banks’ websites on July 31, a high level of transparency (which means that comprehensive information about most of the bank shareholders is available) was determined at Comertbank, FinComBank and Moldova Agroindbank.

A medium level of transparency (insufficient public information about some of the shareholders and presence of risk groups among these) was established at Energbank, Moldindconbank and Victoriabank.

A low level of transparency (when significant holdings are held by persons about whom not much information exists or who form part of risk categories, or the bank published information with mistakes) was determined only at EuroCreditBank.

According to Natan Garstea, no bank got the lowest rating of one star, when the level of transparency is very low and when most of the shares are owned by persons about whom no information is provided or who form part of risk categories. The rankings do not show the solvency or financial stability of commercial banks and refer strictly to the composition of beneficial owners of bank shares analyzed through two perception indicators: transparency and financial power.