The Economist ranks Sberbank second after Apple among the best stocks of the past decade

Sberbank was ranked second among the best stocks of the past decade by The Economist.

The magazine's calculations show that every $100 invested ten years ago in Sberbank's stocks today would give an income of $3772.

Only Apple ranks higher ($3919). The remaining top ten companies are far behind the two leaders. The third line is occupied by oil company ConocoPhillips with profitability below $1400.

Apart from Sberbank, there's only one bank among the top ten companies - Banco do Brasil ($1150).

The rating covered performance of the world's largest 200 companies.

Sberbank's strategic goal is to be included in the ten biggest banks in the world by capitalization by 2014.

In 2011 Sberbank was recognized to be the most expensive Russian brand (BrandFinance(R) Global 500 2011) and ranked 9^th among the safest banks in Central and Eastern Europe (research by Global Finance). In addition, Sberbank became the only Russian bank to be included in the World's Biggest Companies 2010 rating (Forbes ranked Sberbank 256^thamong the world's biggest companies) and in the World's Strongest Banks ranking (20^thplace according to research by Bloomberg Markets).