MultiBank Group, one of the world’s largest financial derivatives lenders headquartered in Dubai, has achieved its most successful financial year to date, with net profit for 2023 increasing 26% to $226.84 million.
MultiBank Group is set to deliver impressive revenues of $306.63 million in 2023, up from $279.52 million in 2022, a significant 10% increase in revenues.
This milestone reflects the Group’s effective business strategy, continued growth and commitment to delivering exceptional value to customers worldwide.
A robust strategic plan
Naser Taher, founder and chairman of MultiBank Group, commented: “The unprecedented financial success we have achieved this year is a testament to our strong strategic plan and resilience, as well as our ability to anticipate and navigate the complexities of the global financial environment. The sustained growth in revenue and significant increase in net profit confirm our relentless pursuit of innovation, operational excellence and customer-centric solutions.”
“As we continue to expand our global footprint, we remain steadfast in our commitment to setting new benchmarks in the financial derivatives industry, delivering unparalleled value to our stakeholders and maintaining our leadership position in this dynamic market.”
MultiBank Group manages an astounding daily trading volume of over $12.1 billion, serves a broad and diverse clientele of over one million traders across over 90 countries and is licensed by 15 financial regulators worldwide. The Group has set new industry standards with its user-friendly online trading platforms, leveraging cutting-edge technology, demonstrating its commitment to providing cost-effective trading solutions and cutting-edge financial products.
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