What percentage of Russian banking is estimated to be controlled by organized crime?

The assertion that approximately 50% of Russian banking is estimated to be controlled by organized crime reflects significant concerns regarding the infiltration of illicit influences into the financial sector. This percentage indicates a substantial degree of control, suggesting that organized crime syndicates have managed to embed themselves within a major part of the banking system.

Such a high estimate indicates a systemic issue where legitimate banking practices are being undermined or overshadowed by criminal enterprises that may facilitate money laundering, fraud, and other illegal financial activities. The presence of organized crime in banking not only disrupts the integrity of financial institutions but also poses challenges for law enforcement and regulatory bodies attempting to combat such pervasive corruption.

In contrast, estimates suggesting lower percentages, such as 25%, would imply a less significant influence of organized crime in banking, which may not fully align with the observed behaviors and patterns within the Russian financial landscape. The 75% and 90% estimates imply even greater control, which, while suggesting a serious problem with organized crime, could exceed evidence-based assessments of their influence.

Thus, the 50% figure provides a realistic balance reflecting the complex and often opaque relationship between organized crime and legitimate banking operations in Russia.