Dubious transactions in banking sector decrease by 11% in 2021 H1
1 October 2021
News
The amount of dubious transactions edged down to 51 billion rubles, as compared to 57 billion rubles in 2020 H1. Illegal cash-outs in the banking sector decreased by nearly 20% to 31 billion rubles.
The amount of money withdrawals abroad for dubious reasons slightly rose to 20 billion rubles, predominantly due to advance payments for imported goods. Concurrently, there was a reduction in dubious payments to non-residents for services and into residents’ accounts abroad.
More information on the volume and structure of dubious transactions and sectors that generated demand for shadow financial services is available in the analytical commentary of the Bank of Russia.
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