MultiBank Group Declares $112 Million Earnings in Unprecedented Financial Quarter
This quarter, the Group reported impressive earnings of US$ 112,365,577 and a staggering trade volume of US$3 trillion, marking it as their most triumphant quarter ever. This achievement was fueled by sustained growth and outreach, positioning them on track for yet another year of unparalleled success.
The international financial and tech behemoth, MultiBank Group, declared unparalleled financial performance for the third quarter of 2023.
Additionally, MultiBank Group shared its certified financial outcomes for the year 2022. Their latest annual fiscal data showcased a remarkable 48% surge in revenue, jumping from US$ 188,636,721 in 2021 to an impressive US$ 279,523,140 in 2022. Additionally, there was a noteworthy 35% rise in net profit, escalating from US$ 132,937,545 in 2021 to US$ 180,013,709 in 2022, marking another year of historic achievement for this global titan.
As expressed by MultiBank Group’s Founder and Chairman, Naser Taher:
“Our yearly financial outcomes once more set new benchmarks, reflecting steady expansion aligned with our strategic vision. In 2023, we unveiled our state-of-the-art tech offering, the MultiBank.io multi-asset ecosystem and financial platform, fusing classic finance with pioneering technologies like blockchain, AI, and machine learning. This serves to empower countless market players globally, crafting the forthcoming landscape of finance. Furthermore, we’ve also secured a license for our new European arm, MEX Europe Ltd, from the Cyprus Securities and Exchange Commission (CySEC). This European accreditation underscores our steadfast dedication to regulatory adherence, fund safety, and our prestigious association with over 14 global regulatory bodies.”
Insight into MultiBank Group
Founded in California, USA, in 2005, MultiBank Group boasts an impressive daily trade volume exceeding US $12.1 billion. Catering to a vast clientele of over a million across 100 nations, it has emerged as a leading force in online financial derivative services globally. The Group extends its distinguished customers top-tier trading interfaces, offering leverage up to 500:1 on a diverse range of products, from Shares and Commodities to Digital Assets and Forex.
