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. [Source: Frank Media]
All registration filings were made on September 5, reflecting Raiffeisenbank’s strategy to strengthen its brand presence in international financial services. [Source: Frank Media]
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. [Source: Frank Media]
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. [Source: Frank Media]
Earlier, the Central Bank of the Russian Federation announced an unscheduled policy adjustment, signaling a notable shift in the monetary landscape. [Source: Frank Media]