Photo: Ramil Sitdikov / RIA Novosti
Russian Sberbank recognized as the most efficient Bank in the world for creating shareholder value over the past five years. This is stated in the press release financial institution, submitted to “the Tape.ru”.
According to the rating Value Creators, which has made the company BCG, the savings Bank took the sixth place among the largest market capitalization companies in the world, only ranking includes 50 companies.
First place was taken by an American technology company Nvidia, the average total return which, according to the methodology of BCG, up 64.8 percent over five years. Second and third places have Chinese Kweichow Moutai (49,4) and Wuliangye Yibin (46,8) working in the field of consumer goods. Followed by streaming service Netflix and the American retailer Amazon (46% and 42.8%, respectively).
Sberbank, which showed the average yield for five years at 41 percent, ranks sixth overall and first among banks. The Russian Bank has overtaken, for example, Adidas and Adobe, and among banks — China’s Bank of Ningbo. “In this year’s report did not reflect recent changes associated with COVID-19, but it allows you to better understand which companies and industries before the crisis were able to gain a high growth rate of the TSR,” — said in a press release.
On 10 April the Ministry of Finance announced the finalization of the acquisition of the savings Bank from the Central Bank. Thus, the largest credit organization has changed hands. The price is 50 percent of the shares (11,293 billion) amounted to 2.14 trillion rubles. The deal was made at weighted average price of shares on the Moscow exchange in the period from 9 March to 7 April. Purchase spent from the national welfare Fund (NWF).
Video, photo All from Russia.