Bank of Russia reports rise in thwarted fraud attempts but decline in actual losses

Elvira Nabiullina Governor of the Central Bank of Russia - Official Website
Elvira Nabiullina Governor of the Central Bank of Russia - Official Website
0Comments

In the second quarter of 2025, Russian banks stopped 38.7 million attempted fraudulent transactions, which is about one and a half times higher than the average for the previous year. According to the Review of Reporting on Information Security Incidents Related to Funds Transfers, these efforts prevented thefts totaling ₽3.4 trillion.

During this period, there were 273,100 successful fraudulent transactions reported by victims to banks, resulting in losses of ₽6.3 billion. Both the number of such incidents and the total amount lost declined compared to averages from the last four quarters—by 8.9% and 15.9%, respectively.

The Bank of Russia took further action by initiating blocks on 20,200 phone numbers linked to fraudsters and shutting down 13,400 fraudulent websites and social media pages.



Related

Tiff Macklem Governor

Bank of Canada Governing Council discusses policy decision for April 29, 2026 meeting

The Bank of Canada has published a summary detailing its Governing Council’s discussions ahead of its April 29 monetary policy decision. Key topics included global impacts from geopolitical tensions, domestic economic indicators, inflation trends, and considerations regarding future interest rate changes.

Elvira Nabiullina Governor of the Central Bank of Russia

Retail investments in corporate bonds reach record high in April

Retail investors set a new record for corporate bond purchases in April amid rising oil prices and securities quotes. The Bank of Russia reported increased demand for both domestic bonds and foreign currency among individuals.

Elvira Nabiullina, Governor of the Central Bank of Russia

Mortgage repayment performance improves for loans issued in 2025

New data show that mortgage delinquencies have decreased for loans issued in 2025 compared with previous years. Banks are focusing on careful borrower assessment amid regulatory changes from the Bank of Russia. More older individuals are receiving mortgages while demand shifts across other types of consumer lending.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Fiat Reporter.