Raiffeisenbank has filed applications with the Federal Intellectual Property Service to register the R Bank trademark, according to a report from Frank Media. The bank’s press team noted a refresh of one existing logo and the submission of a new version to Rospatent, aiming to broaden the brand’s trademark usage across markets.
All registration filings were made on September 5, reflecting Raiffeisenbank’s strategy to strengthen its brand presence in international financial services.
Before this move, Ekaterina Semerikova, a principal investigator at the Skolkovo School of Management Blockchain and Fintech Lab, commented on the evolving fee landscape for inbound transfers in dollars. She suggested that a 50 percent commission, as proposed by Raiffeisenbank for dollar transfers, would be prohibitive, noting that such fee levels are rarely seen among Russian banking peers.
For dollar inbound transfers to Raiffeisenbank, clients may be required to meet a minimum threshold of 1,000 USD, while the upper limit would reach up to 10,000 USD, depending on the applicable exchange rate. This range implies a Russian ruble equivalent that fluctuates with market rates.
Earlier, the Central Bank of the Russian Federation announced an unscheduled policy adjustment, signaling a notable shift in the monetary landscape.