The Russian State Duma is set to consider a bill requiring banks and… (банк · гражданин · кредитный)
The Russian State Duma is set to consider a bill requiring banks and microfinance organizations to immediately notify individuals about credit agreements signed on their behalf, aiming to combat loan fraud. The proposal follows data showing significant credit fraud in 2024, though it decreased by 40% in 2025.
Consensus
- The State Duma plans to consider a bill requiring banks and microfinance organizations to inform individuals about credit agreements signed on their behalf.
- The notification must include individual terms, interest rate, loan amount, repayment term, and the right to refuse if the loan exceeds 50,000 rubles.
- Notifications will be sent via contact details or Gosuslugi within 15 minutes of the agreement being signed.
- The measure aims to protect people from fraud and reduce criminal credit issuance.
- Credit fraud in Russian banks amounted to over 12 billion rubles in 2024, with a 40% decrease reported for 2025.
- The risk of unauthorized loan signing by criminals remains despite the decline.
Points of divergence
- Ministry of Digital Development has developed procedures for victims to receive compensation from banks or mobile operators after being tricked into transferring money via phone calls. — vm
- The Ministry of Digital Development is reconsidering a proposal to require Russians to confirm large transfers through SMS and the messaging app MAX, which is included in the third package of anti-fraud legislation under consideration by the State Duma. — vm
Coverage (2 sources)
- The State Duma will consider a bill requiring banks to notify about loan signings — Вечерняя Москва
- The State Duma will soon consider amendments requiring banks to inform citizens about signing credit contracts — Интерфакс