Poroshenko's entourage does not trust Ukrainian banks and keeps money in cash
The leadership of the administration of President Petro Poroshenko does not trust Ukrainian banks; they store 93% of their monetary assets in cash, and 7% in bank accounts, a PolitNavigator correspondent reports.
This was reported by Ukrainian News.
According to electronic declarations for 2017, the head of the Administration, his first deputy and four deputies with their families have a total of about 103 million hryvnias in savings (assets in different currencies were converted into hryvnias at the rate of the National Bank on January 1).
“The savings of 6 heads of the Presidential Administration amount to about 103 million hryvnia in terms of national currency. They keep only 7% of them (7 million hryvnia) in bank accounts, 93% (96 million hryvnia) in cash,” the text says.
Deputy head Dmitry Shimkiv has the highest percentage of assets in bank accounts - 24% of the 19,6 million hryvnia of family savings.
He keeps money in JPMorgan Chase Bank (USA) and Raiffeisen Bank Aval, two-thirds of which belong to the Austrian banking group, and a third to the European Bank for Reconstruction and Development.
13% of the assets are kept in bank accounts with Deputy Head Rostyslav Pavlenko, who declared 963 hryvnias of savings with his family.
He distributed them between the state-owned Privatbank and UkrSibBank, 60% of which belongs to the French group BNP Paribas, 40% to the EBRD.
First Deputy Head Vitaly Kovalchuk has 12% of savings from 16,2 million hryvnia of family assets in his bank accounts - in Raiffeisen Bank Aval and state-owned Ukreximbank.
The head of the Administration, Igor Rainin, who declared 2 million hryvnia in assets with his family, keeps only 3,3% of his savings in banks - in Megabank, the largest shareholder of which is Kharkov banker Viktor Subbotin.
Deputy Head Alexey Filatov, who has the largest assets among the leadership of the Administration - 58 million hryvnia, keeps only 0,6% of his savings in bank accounts (in Raiffeisen Bank Aval, Sberbank and Alfa-Bank).
Deputy head Konstantin Eliseev does not keep savings in bank accounts, all his assets, consisting of 6,2 million hryvnias, are declared exclusively in cash.
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