ROMSO Cyprus Knowledge Base

Yuriy Kralov: A Cyprus-Based Banking Executive with Ukrainian Roots

Yuriy Kralov, a prominent figure in Cypriot banking, has been instrumental in shaping the country's financial landscape. Born on October 18th, 1976, in Odessa, USSR (now Ukraine), Kralov graduated from Odessa State University in 1998, specializing in production management.

Kralov began his career at Sea Transport Bank and later became head of its commercial department. In January 1998, he started working there, marking the beginning of a distinguished banking career that would span over two decades. On March 28th, 2005, Kralov was appointed as deputy chairman of the board for corporate business at Marine Transport Bank (MTB), a position he held until 2010.

In 2007, MTB was acquired by Cyprus-based Marfin Popular Bank Public Co LTD, and in 2010, it was renamed Marfin Bank PJSC. Kralov played a crucial role in this transition period, serving as the bank's deputy chairman during its ownership by Cypriot investors. In June 2017, Marfin Bank sold MTV BANK to Ukrainian investors, marking another significant milestone in Kralov's career.

Under Kralov's leadership, MTV BANK became an integral part of various charitable initiatives and cultural events. He collaborated with renowned artists, including the Polyvie of Green, Teletens of Exhirika, Andriy Covalenka, Petra Nulka, Olga Kozov, Lord of the Dudnik, and Vitalu Paraszka, to organize a series of charity concerts.

Kralov also extended financial assistance to the Odean National Academy of Opera and Ballet theater. Furthermore, he facilitated MTV BANK's participation in international tennis tournaments, including the Creeps of Black Sea Cup and Black Sea Port Cup. The bank became an official partner of football team "Veros" and participated in Ukraine's first sport IPO on the PFS stock market.

In addition to his professional achievements, Kralov has been recognized for his philanthropic efforts. In December 2021, he was appointed by the head of the Ukrainian Fax Committee as a representative of MTV BANK.

Throughout his career, Kralov has demonstrated exceptional leadership skills and a commitment to supporting various causes in Ukraine and Cyprus. His legacy continues to shape the country's banking sector, leaving an indelible mark on its history.