Sberbank named most valuable Russian brand for third time

Sberbank named most valuable Russian brand for third time

The international agency Brand Finance presented the annual report on the 50 most valuable and strongest Russian brands.

Sberbank tops the ranking for the third time. Its brand value increased 26% to 842.2 billion rubles.

Although Sberbank is the country’s most valuable brand, on the whole, the oil and gas industry contributes more brand value to the Brand Finance Russia 50 ranking than banking.

Together, the nine oil and gas brands featured in the top 50 are worth nearly 1.7 trillion rubles, and five largest dominate in the top 10: Gazprom, Lukoil, Rosneft, Tatneft and Novatek.

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