What is the International Reserve Bank – Kommersant
The bank was registered in Ukraine on June 15, 2001 as CJSC Bank NRB-Ukraine, a subsidiary of the Moscow National Reserve Bank. In December 2007, 100% of the shares were acquired by Sberbank. In August 2008, the credit institution was renamed PJSC Subsidiary Bank of Sberbank of Russia.
By January 2010, the bank took 12th place in the group of largest banks according to the classification of the National Bank of Ukraine, and at the beginning of 2013 it entered the top ten. In 2015, it changed its name to PJSC Sberbank. In 2016, additional capitalization was carried out - the authorized capital was increased by 4.3 billion hryvnia ($159 million), to 12.5 billion hryvnia ($463 million). The bank served more than 1 million individuals, more than 28 thousand small and medium-sized business clients, as well as 5 thousand large Ukrainian enterprises.
In January 2016, the Ukrainian Oschadbank (the name is translated from Ukrainian as Sberbank) challenged the renaming of the Russian bank’s subsidiary in 2015 in the Kyiv Economic Court. In 2020, after four years of proceedings, the Supreme Court of Ukraine recognized Oschadbank’s right to the Sberbank trademark. On December 9, 2021, the subsidiary of Sberbank changed its name from Sberbank JSC to the International Reserve Bank (MR-Bank).
On February 25, 2022, one day after the start of the special military operation, the National Bank of Ukraine revoked the license of MR-Bank. On May 12 of the same year, the National Security and Defense Council of Ukraine decided to forcibly seize 100% of the shares of the International Reserve Bank owned by Sberbank. His assets were put up for sale.