Oschadbank sued the Sberbank of Russia

Oschadbank sued the Sberbank of Russia

18.01.2016 News

Oschadbank sued the Sberbank of RussiaUkrainian state bank claims Sberbank of Russia in  violation of intellectual property rights.

State Savings Bank of Ukraine has filed a lawsuit against Sberbank of Russia for copyright infringement.Oschadbank insists on the illegality renaming of Ukrainian “daughter” of the Sberbank of Russia in Sberbank and alleges a violation of their intellectual property rights.

The suit in the Economic Court of Kiev was filed in January,  15. The representatives of Oshchadbank said  that Sberbank of Russia illegally uses the trademark.

“We consider unacceptable the attempts of Sberbank of Russia in such a way to hide the country of origin of the share capital,” – said the Chairman of the Board of Oschadbank Andrey Pyshnyi. All this, according to his words, the corresponding impact on customer behavior and may mislead them. Earlier the structure of Sberbank of Russia was renamed into Sberbank.

Oschadbank insists that they are the only rightful owner of the trademark “Sberbank” in Ukraine (Certificate ?82116 from September 10, 2007). So renaming the Sberbank of Russia was illegal.

“Since Soviet times, a certain number of consumers still call Oschadbank as a Sberbank. We cannot ignore and do not respect the interests of these people that Sberbank’s illegal acts can be misled,” – said the head of the Oschadbank, Andrey Pyshnyi.

Recall, Sberbank of Russia  was founded in 2001. According to the National Bank of Ukraine, on October 1, 2015 by total assets Bank ranked fifth (53.75 billion USD), among 123 operating banks in the country.

Source: korrespondent.net

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