"Variant of Franco"
The name Franko is commonly a male name from the "Italian" origin.
Franko is a variant of Franco, the Italian and Spanish form of the name Frank. The same spelling is used as a masculine given name in Croatia, Slovenia and Serbia, where it is a form of Franjo, the Slavic equivalent of Francis. In both cases the name goes back to the Germanic tribal name of the Franks.
Franco means "Frank".
The pronunciation of Franko is FRANG-koh.