“Salary – 2.4 million rubles per month...”

How much do Pumpyansky, Altushkin, Kozitsyn, Vekselberg pay their Ural managers

02.04.2013 17:51

Bankers love to count the money in the pockets of their clients, asking about white and gray salaries, and about the income of guarantors - spouses, parents, friends, because the stability of their business depends on this. We inform everyone who is dissatisfied with such curiosity that the salaries of the bankers themselves are not a secret behind seven seals. Znak.com has studied the data published by Ural banks and is ready to tell who received a record salary last year, and to whom the owner was strict, reducing payments from year to year.

Once a year, in their reports, credit structures must indicate what salaries and bonuses are paid to members of the board of directors, management board and audit commission. A Znak.com journalist studied the reports of the largest Ural banks at the end of last year and noticed that the size of salaries in them varies greatly.

One of the market participants explained that in each bank the level of remuneration for top managers is set individually by the owner. The decision on this is most often made by the board of directors, although once upon a time such issues were brought to the meeting of shareholders and the circle of those involved was much wider.

As a rule, in the banking industry, the monthly salary (remuneration) consists of salary and bonus (in the amount of 100% of salary). This is explained by the fact that the scheme allows the owners to insure themselves in case of dishonest work of the hired management. The salary is always paid, and the bonus depends on the fulfillment of the set plans or other conditions. Among other things, there are also bonuses and a social package. Although salaries vary from person to person, there is a salary guideline for senior executives. For example, if we take the largest regional banks in the Urals (the second half of the top 100 Russian banks) - this is 300-400 thousand rubles. In small banks the numbers are smaller.

The size of the salary is influenced by the profit earned by the bank or the achievement of assigned tasks, such as increasing market share in any of the segments. Let us clarify that the latter is not always accompanied by profit, since it requires costs. As for profit, all the regional banks we studied were profitable last year.

Also, after the crisis in 2008, bank owners began to pay special attention to the repayment of debt on large corporate loans, which borrowers have not been able to repay for several years. The return of such an almost “dead” loan may also be accompanied by incentives.

There is one more detail that people are reluctant to talk about. There are various ways to reward top managers that are not reflected in the “payment of remuneration” item. Once upon a time, during times of high inflation, the following scheme was practiced: the manager was given an interest-free loan, which was then credited to a deposit at an annual rate of 240%. This payment method allowed the bank to save on payroll taxes.

Of course, there is no specific line in bank reports about how much the chairman of the bank’s board, Ivan Ivanovich Ivanov, receives. But there is a total amount paid to the board, dividing which into equal shares you can evaluate the generosity of the owner.

Based on this, it can be stated that Zapsibkombank turned out to be the least stingy in terms of payments to top managers among the banks in the Urals Federal District. It was once the second largest bank in the region, but now it is only the 4th (62nd place in terms of net assets in Russia according to RBC), which, however, is not reflected in the current level of management salaries. Unofficially, it is believed that this is the bank of the authorities of the Tyumen region, which has been swimming in petrodollars for the past year. Perhaps this explains the generosity. Or maybe it’s because the bank’s management is closely connected with the shareholders and is even part of the owners, which means they have a direct opportunity to influence the drawing up and signing of employment contracts and setting their own salaries. “Salaries, vacation pay, travel allowances, bonuses, one-time remuneration to board members” cost the bank 177 million 901 thousand 71.79 rubles last year. Each of the 6 board members received 29.6 million rubles per year. This is 2.4 million rubles per month.

The largest bank in the Urals Federal District - Khanty-Mansiysk Bank - although it is among the top 30 largest banks in the country, turned out to be more modest. It is significantly ahead of all other Ural regional companies both in terms of assets (24th place in the country) and in terms of profit (profit after tax of about 7.5 billion rubles in 2012), but not in terms of salaries of top managers. According to official data, last year a total of about 80 million rubles were paid to 6 board members. Of these, 34 million 245 thousand 619.45 rubles are wages (salary), about 42 million rubles are bonuses and 3.3 million rubles are compensation expenses. That works out to about 1.1 million rubles per month per person. The owner of KhMB is Nomos-Bank.

The remuneration of top managers of the Ural Bank for Reconstruction and Development last year can be called a record for the bank. Thus, members of the bank’s board of directors were paid 146 million 437 thousand 965.44 rubles (second place after Zapsibkombank). The board consists of 8 people. Each person receives 18 million 304 thousand 745.68 rubles, that is, approximately 1.5 million rubles per month. It follows from the reports that a year earlier, the owner of the bank, Igor Altushkin, assessed the work of the UBRD management differently. In 2011, board members were paid a total of 61 million 777 thousand rubles (approximately 643.5 thousand rubles per month for each) - and this is even less than in 2010 (86 million 993 thousand rubles). The reports indicate that we are talking about salaries “in accordance with employment contracts”; there is no agreement on other remuneration. The bank's profit after tax last year amounted to more than 1.1 billion rubles.

Top managers of SKB Bank , which closely competes with UBRD and follows it in the TOP 100 Russian banks in terms of net assets (39th place according to RBC), as follows from reports, cannot boast of the same level of salaries as in UBRD. At the end of 2012, 8 members of the board of SKB Bank were paid 52 million 453 thousand 802 rubles (approximately 546 thousand rubles per month). And this despite the fact that SKB Bank’s profit last year was higher - according to the Bank of Russia, about 2.4 billion rubles after tax. The owner of the bank, Dmitry Pumpyansky, paid his bank managers even less in 2012 than in 2011 and 2010. At least that's what the situation looks like on paper. Let us add that the year before last, the salaries of SKB board members were close to those of UBRIR - 61 million 610 thousand rubles for all.

More generous than Dmitry Pumpyansky was Viktor Vekselberg, who owns the Kamensk-Ural METCOMBANK , which in terms of business scale is still significantly inferior to SKB Bank. Last year, 7 members of the board were paid 64 million 887 thousand rubles. This is approximately 772 thousand 464 rubles per month.

"Ring of the Urals" is another local bank, which is backed by an oligarch, namely the co-owner of UMMC Andrei Kozitsyn. This credit structure was not included in the top 100 largest banks, but is close to the coveted hundred (107th place). Active promotion of products with the help of Sergei Svetlakov last year allowed the bank to make a profit of 311 million 795 thousand rubles, and top managers - 13 million 260.9 thousand rubles as salaries. Thus, each of the 5 board members received a salary last year of approximately 221 thousand rubles per month.

Top managers at Uraltransbank receive slightly less. For 2012, members of the board (5 people) were paid 11 million 503.3 thousand rubles - 191 thousand rubles per month per person. However, as you know, the main owner of the bank, Valery Zavodov, is also on the board - he is the chairman of the board. There is a practice in the market of bank owners refusing various payments. If Valery Zavodov took this step, then the hired top managers of Uraltransbank received a slightly larger amount.

Print version Alexandra Sergeeva

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Comments (6) :

zskbe

ZSKB - bank of swindlers and thieves

For what

Why are they paying such amounts? And the Worker earned it all. And the idlers are fattening

Asya

If the consumer learns to save and save without extortionate loans, the bank’s top management will tighten their belts or even die of hunger

dik

It’s the same with us - ideas are generated and materialized by the team, and the management cuts profits... sometimes they can throw in a bonus...

Anna

I don’t see any problems - become a member of the bank’s board and you will receive an appropriate salary. Or is it a secret for someone that top managers earn more than ordinary employees? And, mind you, not only in banks.

Censor

My salary is m-n-o-g-o less. But these are salaries in a commercial organization. If only civil servants didn’t have such salaries. How much do “Z” employees and TOP managers get paid?

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