MultiBank
Group has introduced a record-breaking third quarter in 2023. With a outstanding
income of US$ 112,365,577 and an astonishing buying and selling turnover of US$ 3
trillion throughout this era, MultiBank Group has achieved its most profitable
quarter within the firm’s historical past.
Report-Breaking Yr: MultiBank’s
Monetary Efficiency in 2022
MultiBank
Group has additionally disclosed its audited full-year 2022 monetary outcomes, which
reveal outstanding achievements. The annual monetary assertion unveils a
staggering 48% surge in income, surging from US$ 188,636,721 in 2021 to an
spectacular US$ 279,523,140 in 2022.
Moreover,
MultiBank Group reviews a considerable 35% improve in web revenue, rising from
US$ 132,937,545 in 2021 to a outstanding US$ 180,013,709 in 2022. It marks
one other extraordinary 12 months for the corporate.
Founder
and Chairman of MultiBank
Group, Naser Taher, expressed his satisfaction with these outcomes, stating:
“Our monetary outcomes broke new data as soon as once more this 12 months, highlighting
strong progress, with achievements which are in step with our long-term technique.”
“In
2023, we launched our newest cutting-edge expertise, the MultiBank.io
multi-asset platform and monetary ecosystem, which mixes conventional
finance with the newest superior applied sciences together with blockchain, AI, and
machine studying – empowering tens of millions of market individuals worldwide and
shaping the way forward for finance.”
“In
addition, we additionally lately 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 laws, compliance, and fund
safety, becoming a member of our esteemed group of monetary establishments which keep
an unblemished file with over 14 regulators worldwide.”
Large Information! MultiBank Group hits new heights! 🚀Breaking all earlier data, Q3 2023 was an excellent quarter, with a buying and selling turnover of $3 trillion. Learn the complete article!#MultiBankGroup
— MultiBank Group (@multibankgroup) October 6, 2023
World Regulatory Attain:
MultiBank’s Jurisdictions
Finance Magnates reported in July
that MultiBank
Group had obtained a license from the Cyprus Securities and Change Fee
(CySEC) for its derivatives brokerage enlargement in Europe. This license was
granted to its Cypriot subsidiary, MEX Europe. MultiBank is regulated in
numerous jurisdictions, together with Germany, Australia, New Zealand, the UAE, and
Singapore.
The
firm has bold plans for 2023. The plans embrace going public and
launching tasks similar to an inter-bank ECN buying and selling
platform, a regulated digital belongings alternate in Australia, an enhanced social
buying and selling software, and a world digital funds processor designed to bridge
conventional and rising types of finance. MultiBank relocated its headquarters
from Hong Kong to Dubai in 2022 as a part of
its enterprise consolidation efforts within the UAE.
MultiBank
Group has introduced a record-breaking third quarter in 2023. With a outstanding
income of US$ 112,365,577 and an astonishing buying and selling turnover of US$ 3
trillion throughout this era, MultiBank Group has achieved its most profitable
quarter within the firm’s historical past.
Report-Breaking Yr: MultiBank’s
Monetary Efficiency in 2022
MultiBank
Group has additionally disclosed its audited full-year 2022 monetary outcomes, which
reveal outstanding achievements. The annual monetary assertion unveils a
staggering 48% surge in income, surging from US$ 188,636,721 in 2021 to an
spectacular US$ 279,523,140 in 2022.
Moreover,
MultiBank Group reviews a considerable 35% improve in web revenue, rising from
US$ 132,937,545 in 2021 to a outstanding US$ 180,013,709 in 2022. It marks
one other extraordinary 12 months for the corporate.
Founder
and Chairman of MultiBank
Group, Naser Taher, expressed his satisfaction with these outcomes, stating:
“Our monetary outcomes broke new data as soon as once more this 12 months, highlighting
strong progress, with achievements which are in step with our long-term technique.”
“In
2023, we launched our newest cutting-edge expertise, the MultiBank.io
multi-asset platform and monetary ecosystem, which mixes conventional
finance with the newest superior applied sciences together with blockchain, AI, and
machine studying – empowering tens of millions of market individuals worldwide and
shaping the way forward for finance.”
“In
addition, we additionally lately 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 laws, compliance, and fund
safety, becoming a member of our esteemed group of monetary establishments which keep
an unblemished file with over 14 regulators worldwide.”
Large Information! MultiBank Group hits new heights! 🚀Breaking all earlier data, Q3 2023 was an excellent quarter, with a buying and selling turnover of $3 trillion. Learn the complete article!#MultiBankGroup
— MultiBank Group (@multibankgroup) October 6, 2023
World Regulatory Attain:
MultiBank’s Jurisdictions
Finance Magnates reported in July
that MultiBank
Group had obtained a license from the Cyprus Securities and Change Fee
(CySEC) for its derivatives brokerage enlargement in Europe. This license was
granted to its Cypriot subsidiary, MEX Europe. MultiBank is regulated in
numerous jurisdictions, together with Germany, Australia, New Zealand, the UAE, and
Singapore.
The
firm has bold plans for 2023. The plans embrace going public and
launching tasks similar to an inter-bank ECN buying and selling
platform, a regulated digital belongings alternate in Australia, an enhanced social
buying and selling software, and a world digital funds processor designed to bridge
conventional and rising types of finance. MultiBank relocated its headquarters
from Hong Kong to Dubai in 2022 as a part of
its enterprise consolidation efforts within the UAE.
