MultiBank Group experiences $112 million revenue in record-breaking monetary quarter

MultiBank Group experiences $112 million revenue in record-breaking monetary quarter

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DUBAI, United Arab Emirates – MultiBank Group, the worldwide monetary and know-how big, 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 progress and enlargement, and setting the stage for an additional file 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 file 12 months for the worldwide powerhouse.

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Within the phrases of the founder and chairman of the MultiBank Group, Naser Taher:

β€œOur monetary outcomes have once more damaged new information this 12 months, underscoring strong progress, with efficiency consistent with our long-term technique. In 2023, we launched our newest cutting-edge know-how, 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 members worldwide to form the way forward for finance. As well as, we additionally not too long ago obtained a license for our new European subsidiary, MEX Europe Ltd, from the Cyprus Securities and Change 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 monitor file with greater than 14 regulators worldwide.”

About MultiBank Group

MultiBank Group was based in 2005 in California, USA. The group has a day by 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 nations. Since its launch, MultiBank Group has grown into one of many largest on-line monetary derivatives suppliers on this planet, providing brokerage companies 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 reminiscent of equities, commodities, indices, digital belongings, 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/residence/20231006404385/en/

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Contacts

Faouz Rejeb
00971585894602
Faouz.rejeb@multibankfx.com

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