Introduction to the Russian Federal Bank and acquisition of its official website brand domain name

Sberbank of Russia is a financial institution with significant influence in Russia and globally. Below is a detailed introduction to the bank and the acquisition of its official brand domain name.

Bank Introduction:

History: Sberbank of the Russian Federation was founded in 1841, with the establishment of savings bank branches by order of Russian Emperor Nicholas I. It has undergone numerous historical changes, including its merger with the People's Bank of the Russian Soviet Federative Socialist Republic in 1919, its reorganization as the State Labour Savings Bank of the USSR in 1925, and its reorganization as the Savings Bank of the USSR during reforms in 1987, ultimately evolving into the current Sberbank of the Russian Federation.

Bank Status: It is the largest state-owned commercial bank in Russia, holding over a quarter of domestic banking assets. It also holds a high global ranking, ranking 216th in the 2024 Fortune Global 500 list.

Service Scope: It offers a comprehensive range of banking services, including personal banking (deposits, loans, and credit cards); corporate banking (corporate account operations, loans, and investments); and investment management, asset management, and trust services.

Branches: With over 20,000 branches across Russia, Sberbank covers 11 time zones nationwide, providing banking services to 1.3 million corporate customers and 250 million retail accounts.

Official Domain Name Acquisition:

Official Domain Name: Sberbank's official website is www.sberbank.ru, and www.sber.com also links to its website.

Domain Name Acquisition: In 2020, Sberbank confirmed its acquisition of the Russian domestic market domain name sber.ru. Furthermore, it acquired the international domain name sber.com from a US construction company through a domain name arbitration dispute. The construction company, Sber, was founded in 1976 and registered and used the sber.com domain name in the 1990s. Following the 2008 US housing crisis, the company collapsed and its website was shut down. However, the domain name was retained and renewed by one of the company's founders until Sberbank acquired it through arbitration.

II. Introduction to Sberbank

Founded in 1841, Sberbank is Russia's largest state-owned commercial bank, holding over a quarter of domestic banking assets and closely tied to Russia's economic and social development.

Today, Sberbank has become a global commercial bank, offering the widest range of banking services, maintaining a stable customer base, and operating smoothly across all financial markets. Through its network of over 20,000 branches, Sberbank provides banking services to 1.3 million businesses across 11 time zones nationwide and maintains 250 million retail accounts.

Sberbank is a financial institution headquartered in Moscow, Russia. With 25 million private clients, 1.3 million commercial clients, and approximately 19,000 branches (as of 2005), Sberbank holds a leading position in both private and commercial finance in Russia and is the largest commercial bank in Eastern Europe. Sberbank is a joint-stock bank, with the Central Bank of the Russian Federation holding a 60.25% stake, and the remaining shares held by over 273,000 institutional investors and individuals.

Company Name: Sberbank of the Russian Federation.

Official Domain: sberbank.ru.

Domain Created: July 24, 2008.

Country: Russia.

Headquarters: Moscow, Russia.

Founded: 1841.