MTB Bank

Public Joint Stock Company 'MTB Bank' (Public Joint Stock Company 'MTB Bank') is the successor of Open Joint Stock Company 'Marfin Bank', which was established on 5 November 1993.

Its original name was the Interregional Joint-Stock Bank "MiDO". Later it changed names to AKB "Mortorhbank", AKB "MTB" and "Morskyi Transportnyi Bank".

In 2007 the owner of JSC "Marine Transport Bank" became Marfin Popular Bank Public Co LTD (Republic of Cyprus) — a leader in the banking business in Cyprus. This marked the beginning of JSC "MTB" entering the large European financial group Marfin Popular Bank.

In 2012 the Open Joint Stock Company "Sea Transport Bank" changed its name to Public Joint Stock Company "Marfin Bank". In April 2012 Marfin Popular Bank Public Co LTD (Republic of Cyprus) was renamed to Cyprus Popular Bank Public Co LTD (Republic of Cyprus).

In 2017 the sale of the controlling stake in Marfin Bank took place. The new owner became Saggarco Limited (Cyprus). The ultimate beneficiaries of the bank as a result of the transaction became Ukrainian citizens Mykhailo Patrykevych and Ihor Zghurov. In the same year the bank officially changed its name to MTB Bank.

5 March 2018. PJSC 'Marfin Bank' officially changed its name to PJSC 'MTB Bank'.

Main shareholders, founders of the bank:

• Saggarco Limited (Saggarco Limited) - 69.96%,
• Alikhani Hamed - 20%,
• Yuk Holdco Limited (Yk Holdco Limited) - 9.9%

Beneficiaries, bank owners:

• Zgurov Ihor Oleksandrovych,
• Partikevych Mykhailo Valentynovych

Authorized capital of PJSC «MTB Bank» as of 2026: 635 000 050,00 UAH.

MTB Bank is a member of:

• Deposit Guarantee Fund (No.074 20.08.2025)
• International payment system Mastercard – direct participant (Principal)
• International payment system Visa – direct participant (Principal)
• International payment system UnionPay International – direct participant (Principal)
• Ukrainian Interbank Association of Payment System Members «EMA»
• Partner of Western Union
• Association of Ukrainian Stock Traders
• Professional Association of Market Capital and Derivatives Participants (PARD)
• PJSC 'Settlement Center for Servicing Contracts on Financial Markets'
• Central depository (PJSC "National Depository of Ukraine")
• PJSC «PFTS Stock Exchange»
• S.W.I.F.T.
• Thomson Reuters
• Authorized bank of the Pension Fund of Ukraine
• Independent Association of Banks of Ukraine (NABU)

Awards and prizes:

In 2025, as part of the Visa Day event, MTB Bank received the Visa award for CyberSource — implementing innovations in online payments and developing digital services.
According to the Finclub ranking "Banks of the Year – 2024" MTB Bank became the winner in the nomination "Settlement Bank for Business"
In 2024 MTB Bank took first place in Prostobank's bank ranking as the bank with the most favourable terms for deposit rates in UAH.
All-Ukrainian competition "Bank of the Year": in 2021 — winner in the nomination "For mutual support, openness and honesty in relations with clients"; in 2022 — winner in the Special nomination "Digital-step in wartime conditions".
On 1 March 2018, the independent rating agency (RA) "Credit-Rating" assigned MTB Bank a deposit reliability rating at the highest level, with a score of "5".
On 26 December 2016 at the VIII All‑Ukrainian contest 'Bank of the Year - 2016' PJSC 'Marfin Bank' became the winner in the category 'Bank - a reliable partner in the world of business'.
On 12 December 2011 the International Socratic Committee of the European Business Assembly (Oxford, United Kingdom) presented the bank with the "European Quality" award, which reflects the compliance of banking services with high quality and competitiveness indicators according to European standards.