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DUBAI, United Arab Emirates – MultiBank Group, the worldwide monetary and expertise large, has introduced a record-breaking third quarter in 2023. The Group posted revenues of US$112,365,577 and buying and selling turnover of US$3 trillion within the third quarter of 2023. making it essentially the most profitable quarter within the group’s historical past, pushed by continued development and enlargement, and setting the stage for an additional document 12 months.
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As well as, MultiBank Group additionally reported its audited monetary outcomes for the total 12 months 2022. The most recent monetary assertion confirmed an astonishing 48% enhance in income, from US$188,636,721 in 2021 to US$279,523,140 in 2022. As well as, MultiBank Group reported a considerable 35% enhance in web revenue, rising from US$132,937,545 in 2021 to US$180,013,709 in 2022, marking one other document 12 months for the worldwide powerhouse.
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Within the phrases of the founder and chairman of the MultiBank Group, Naser Taher:
“Our monetary outcomes have once more damaged new data this 12 months, underscoring stable development, with efficiency consistent with our long-term technique. In 2023, we launched our newest cutting-edge expertise, the multi-asset platform and monetary ecosystem MultiBank.io, that mixes conventional finance with the most recent cutting-edge applied sciences, together with blockchain, AI and machine studying, empowering thousands and thousands of market individuals worldwide to form the way forward for finance. As well as, we additionally just lately obtained a license for our new European subsidiary, MEX Europe Ltd, from the Cyprus Securities and Trade Fee (CySEC). This European license reinforces our unwavering dedication to regulation, compliance and fund security and joins our esteemed group of economic establishments which have an impeccable observe document with greater than 14 regulators worldwide.”
About MultiBank Group
MultiBank Group was based in 2005 in California, USA. The group has a every day buying and selling quantity of greater than $12.1 billion and serves an intensive buyer base of greater than 1,000,000 clients in 100 international locations. Since its launch, MultiBank Group has grown into one of many largest on-line monetary derivatives suppliers on the earth, providing brokerage providers and asset administration. The Group gives its valued purchasers award-winning buying and selling platforms, with leverage of as much as 500:1 on merchandise similar to equities, commodities, indices, digital property, metals and currencies. For extra details about the MultiBank Group, please go to https://multibankfx.com
View the supply model on businesswire.com: https://www.businesswire.com/information/house/20231006404385/en/
Contacts
Faouz Rejeb
00971585894602
Faouz.rejeb@multibankfx.com
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