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.

Source: Finance Magnates