НК
Kyiv's Economic Court has declared invalid ten trademarks of Russian Sberbank's Ukrainian-based subsidiary, and therefore the bank cannot use its domain name, sberbank.ua, and the Sberbank trademark, according to the press service of the Savings Bank of Ukraine (Oschadbank in Ukrainian, Sberbank in Russian), which filed a suit to protect its Sberbank trademark.
"We have defended the legitimate interests of Oschadbank, and hence the interests of millions of Ukrainians, as they should not be misled. The Sberbank trademark belongs exclusively to the state-run Savings Bank of Ukraine. We have managed to clearly substantiate our legal position, provide the court with convincing written evidence, and prove the defendant's insufficient evidence and position," Chairman of state-run Oschadbank's board Andriy Pyshny commented on the court's ruling.
Read alsoNBU names buyer of Russian Sberbank’s subsidiary in UkraineOschadbank says it is the only legal owner of the Sberbank brand in Ukraine under certificate No. 82116 dated September 10, 2007.
UNIAN memo. State-run Savings Bank of Ukraine, or Oschadbank, was registered by the National Bank of Ukraine on December 31, 1991. It is wholly owned by the state.
Russia's Sberbank subsidiary has been operating in Ukraine since 2001, being one of the largest financial institutions in terms of assets.