MultiBank Group, a financial derivatives institution based
in Dubai, reported a strong financial performance for 2024. According to its
latest audited financial statements, the company achieved a revenue of $361.87
million, an 18% increase from the previous year’s $306.64 million.
“Global Expansion” Drives Daily Trading Volume
to over $25.6 Billion
“Our exceptional financial results are a testament to
our relentless pursuit of excellence, innovation, and client trust,” Naser
Taher, Founder and Chairman of MultiBank Group, said
EBITDA grew by 24.5%, reaching $284.91 million, compared to
$228.79 million in 2023. The group’s net income also rose by 16%, from $226.84
million to $264.05 million, reflecting continued operational efficiency.
“As we continue to expand globally, we remain committed
to providing world-class financial solutions that empower traders and
institutions worldwide. We look forward to building on this success in the
years ahead,” Taher added.
The company manages a daily trading volume of over $25.6
billion and serves more than 2 million traders across 100 countries. It holds
licenses from 17 financial regulators worldwide.
MultiBank Group, a financial derivatives institution based
in Dubai, reported a strong financial performance for 2024. According to its
latest audited financial statements, the company achieved a revenue of $361.87
million, an 18% increase from the previous year’s $306.64 million.
“Global Expansion” Drives Daily Trading Volume
to over $25.6 Billion
“Our exceptional financial results are a testament to
our relentless pursuit of excellence, innovation, and client trust,” Naser
Taher, Founder and Chairman of MultiBank Group, said
EBITDA grew by 24.5%, reaching $284.91 million, compared to
$228.79 million in 2023. The group’s net income also rose by 16%, from $226.84
million to $264.05 million, reflecting continued operational efficiency.
“As we continue to expand globally, we remain committed
to providing world-class financial solutions that empower traders and
institutions worldwide. We look forward to building on this success in the
years ahead,” Taher added.
The company manages a daily trading volume of over $25.6
billion and serves more than 2 million traders across 100 countries. It holds
licenses from 17 financial regulators worldwide.
This post is originally published on FINANCEMAGNATES.
