Global Bank & Finance Review publication gives award for the highly successful todobank app

MEGABANK was founded in 1990 in Kharkiv. Since then, the bank has established itself as one of the most reliable and innovative segments of the financial market in Ukraine. Today MEGABANK has more than 600,000 clients, about 1,500 highly qualified employees and branches in almost all regions of the country. The bank’s latest new app, todobank, streamlines the banking operation for clients, and the introduction of this innovative app has resulted in MEGABANK winning the award for Most Innovative Retail Banking App Ukraine 2020 – TODOBANK. The award was presented by GLOBAL BANKING AND FINANCE REVIEW.

Since its inception in 2011, GBAF Awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the Global Financial community. The awards were created to recognize companies of all sizes which are prominent in particular areas of expertise and excellence within the financial world.

The Awards have evolved and grown to include those in Banking, Foreign Exchange, Insurance, Hedge Funds, Pension Funds, Compliance & Advisory, Corporate Governance, Brokerage & Exchanges, Project Finance, Binary Options, Investment Management, Technology, Asset & Wealth Management, Islamic Finance, Exchange Traded Funds, Real Estate, Corporate Social Responsibility and other areas.

GBAF editor Wanda Rich said “Our awards team were impressed with the Megabank todobank app with its ability to allow customers to easily perform all payment transactions. This gives the opportunity to execute more operations, within its comprehensive functional range, in terms of managing cards and performing payments. This is particularly important as it minimises human contact during the worldwide COVID-19 pandemic”.

Oleksii Iatsenko, Chairman of the Management Board of MEGABANK JSC commented “MEGABANK is a socially responsible company and recognizes the seriousness of the situation that now exists in our country and around the world because of the spread of the dangerous virus. Paying utility bills in queues and crowds of people in our branches, and contact with cash, must be avoided during quarantine, therefore, the TODOBANK mobile bank offers cashback for the community in a safer fashion. Our thanks, go to all those who these days are showing their social responsibility”

Customers can order the todobank card which is delivered free-of-charge by courier and will be able to continue no-fee payments through the Integral Clearing Center by the todobank App and can enjoy 1 % cash back return of a transaction amount.

Mr. Iatsenko went on to say “Every day, hundreds of thousands of people, companies and organizations throughout Ukraine trust us with their money – from regular payment of utility bills to the implementation of global plans. Launching new products on the market and improving existing ones, we listen to our customers, take into account the interests and preferences of everyone, be it the owner of a current account, a small business or a deposit. We have assembled a team of the best specialists and set ourselves the task of increasing experience and knowledge, effectively using our potential to make our clients’ lives more stable and comfortable, to provide them with the financial solutions they need. We are honoured to receive the Global Banking & Finance award, and continue to build on our success as a highly regarded financial institution within Ukraine.