OREANDA-NEWS. URALSIB Financial Corporation has been awarded the prestigious "Transparency Award 2007" for corporate transparency.

The press service of the company informed that the "Transparency Award" is given to recognize excellence in the implementation of high standards of transparency of business structures, financial systems and Corporate Social Responsibility reporting.

The implementation of higher transparency standards is linked with Corporate Social Responsibility and CSR reporting. URALSIB Financial Corporation, first among the Russian companies, has prepared the audited 2005 CSR report tailored in accordance with the reporting principles set out in the Global Reporting Initiative (GRI) Guidelines G3.  The report was audited by PricewaterhouseCoopers and evaluated at B+.