Ukraine’s New PM Declares 108.8 Million: 60% in Cash, Nearly All in Foreign Currency.

Financial Assets of Serhiy Koretskyi

According to Мінфін — Крипто/Фінанси: Ukraine’s newly appointed Prime Minister, Serhiy Koretskyi, has disclosed his savings, with 60% held in cash and the remainder deposited in banks. As of 2025, Koretskyi’s total monetary assets amount to 108.8 million Ukrainian hryvnias. The vast majority of his savings are denominated in foreign currencies:

• 74% in euros
• 24.8% in US dollars
• 0.98% in hryvnias
• 0.05% in British pounds

Breakdown of his bank deposits:

• 76% held in an unidentified bank
• 12% in Oschadbank
• More than 5% in Tascombank
• Nearly 4% in PrivatBank
• Nearly 4% in Kredobank
• About 0.001% in the Bank of Investments and Savings

Koretskyi’s Professional Background

Who is Koretskyi? Serhiy Koretskyi has been leading the state-owned company Naftogaz of Ukraine since April 2025. Prior to this, he managed PJSC Ukrnafta and JSC Ukrtatnafta. He also spent over 20 years working within the Continuum group of companies. His appointment as Prime Minister has drawn attention to both his financial holdings and his extensive experience in the energy sector.

Koretskyi’s rise to the premiership underscores the strategic importance of Ukraine’s energy sector, particularly amid ongoing challenges tied to energy independence. His substantial personal wealth and background in running major energy firms could shape policy directions in this critical field. At the same time, public and media scrutiny of the new prime minister’s financial transparency is likely to persist—a key factor in building trust around his leadership.