Automatically translated version. May contain inaccuracies compared to the original.
Among the leaders of state-owned banks, the highest salary in July was received by PrivatBank’s chair Mikalel Bjorkner—about 100 thousand dollars, or 4 million 460 thousand hryvnias. PrivatBank top management salaries have long been the highest among state-owned banks and continue to rise. The heads of Oschadbank, Ukrgazbank, and Sens Bank earned several times less in the same month.
The publication OBOZ.UA discusses the sizes of salaries of state bankers in July. The publication analyzed payments to the leadership of four state banks — PrivatBank, Ukrgazbank, Sens Bank, and Oschadbank — and compared them with the figures from the previous month.
PrivatBank paid the head a record sum.
In July, the head of PrivatBank’s board Mikael Bjorkner received 2026 year’s salaries amounting to 4 million 460 thousand hryvnias;
this is significantly more than the banker earned the month before — in June, PrivatBank paid its head 2 million 667 thousand hryvnias;
to the members of the PrivatBank board, without naming them, in July they were paid from 1,4 million to 2,9 million hryvnias.
Ukrgasbank reduced the payments to its head.
Acting chairman of Ukrgazbank Rodion Morozov in July was paid less than a month earlier. The chief’s salary decreased — he received 1 million 145 thousand hryvnias. This is even less than what one of the board members earned — 1 million 786 thousand hryvnias. In June Morozov received 1 million 993 thousand hryvnias.
Sens Bank paid its deputy more than the head.
The head of Sens Bank, Oleksiy Stupak, fared notably worse in July, receiving 871,3 thousand hryvnias, and in June — about 1 million hryvnias. Meanwhile, Stupak’s deputy received significantly more — 2 million 286 thousand hryvnias. Sens Bank has only one deputy head of the board — Olena Zubchenko.
In Oschadbank, the deputy earned more than the head.
The head of Oschadbank, Yuriy Katzon, in July received about 1 million hryvnias in salary. One of his deputies earned roughly 1,2 million hryvnias. In June Katzon was paid 1,3 million hryvnias, while the salary of one of the deputy heads of the board for that same month reached 4,4 million hryvnias.
Compared salaries of bankers with state-owned companies.
Similar salaries to those in banks may be claimed by leaders of state monopolies as well. Serhiy Koretsky, who recently led the government and in mid-May 2025 year became chairman of the board of Naftogaz Ukraine, earned in the company 14,4 million hryvnias over six and a half months — about 2,2 million hryvnias per month on average. Now the same will be paid to his successor at Naftogaz, while as prime minister Koretsky will earn about 100 thousand hryvnias per month.
In state-owned Ukrnafta, the chairman earns about 1,5 million hryvnias per month — the same salary Koretsky had before joining Naftogaz. About half as much does the head of Ukrenergo Vitaliy Zaichenko earn: from January to May his salary ranged around 723,8-754,3 thousand hryvnias, and in June, after a bonus, rose to 1,4 million hryvnias.
Salaries of top managers of state banks have been rising for years.
Earlier, Informator reported that top managers of PrivatBank, Ukreximbank, Oschadbank, and Ukrgazbank earned salaries over a million hryvnias as far back as 2023 year. Then the publication noted a significant gap between the income of the state-bank leadership and the average Ukrainian salaries.
We also wrote that PrivatBank and Oschadbank increased top-management salaries again in 2021 year. This increase occurred against the backdrop of Oschadbank’s almost sixfold decline in profit over three quarters that year.
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