Tinkoff-Bank responded to Tinkov about brand recall

Tinkoff Bank commented on Oleg Tinkov’s statement about the brand recall process he had begun. The press service of the credit institution said that all legal rights to the Tinkoff brand belong to the bank.

This morning, November 1, Mr. Tinkov declaredthat began the procedure for revoking its brand from Tinkoff Bank. “You have a new owner that you manipulate there, well, rename it Potanin Bank,” he wrote on Instagram (owned by Meta, which is recognized as extremist in Russia and banned).

At the end of April, Interros Capital Ltd, owned by Norilsk Nickel co-owner Vladimir Potanin, bought out 35% in TCS Group, which owns 100% of Tinkoff Bank, from Oleg Tinkov’s family.

Milena Kostereva