MultiBank Group Reveals Record-Breaking Financial Figures for 2020 with an Annual Turnover of over US$ 5 Trillion
MultiBank Group, World’s number 1 Forex and CFD broker, reveals record financial figures for 2020. The award-winning financial services company announced gross profit of over US$ 139 million for the year, making an impressive 62% increase from 2019’s result of over US$ 85 million.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210525005496/en/
MultiBank Group Reveals Record-Breaking Financial Figures for 2020 with an Annual Turnover of over US$ 5 Trillion (Graphic: Business Wire)
Remarkably, MultiBank Group’s annual turnover for 2020 was recorded at over US$ 5 trillion, marking a record-breaking year for the global giant. With figures such as these and consistently robust growth, it is no wonder that MultiBank Group is one of the largest financial derivatives providers worldwide.
The MultiBank Group through its subsidiaries are the most heavily regulated Group through 5 continents with 11 regulators worldwide, setting a high standard for the industry and ensuring unprecedented transparency for its clients. The Group has continued to see growth across its key metrics year on year which has been underpinned by exceptional performance across its key areas of strategic focus and the dexterity of technology infrastructure.
The MultiBank Group maintains 25 branches worldwide, in Australia, Germany, Austria, Spain, Cyprus, USA, Mexico, UAE, Kuwait, Jordan, Turkey, South Africa, Nigeria, China, Hong Kong, Singapore, Malaysia, Philippines, Vietnam, British Virgin Islands, Cayman Islands and Vanuatu.
Naser Taher, Chairman of MultiBank Group, says:
“2020 was a monumental year to say the least, and I am so proud of these record-breaking financial figures. The results are a testament to our commitment to providing our clients with award winning technologies, platforms, and services, and of course to our fantastic team. The results from 2020 give us continued motivation to keep pushing forward to maintain our strong position in the market. We have high hopes for 2021 and are excited to continue growing as a company.”
For more information about the MultiBank Group, please visit www.multibankfx.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210525005496/en/
Contact information
Media Enquiries:
Rena Chehayber | Marketing & Brand Communication Manager | MultiBank Group
Email: rena.chehayber@multibankfx.com
Phone: +971 487 513 50
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Doha Debates Hosts “In The Room: The Negotiators Podcast” Live at Doha Forum9.12.2025 19:09:00 EET | Press release
Qatar Foundation’s Doha Debates spotlighted the practice of high-stakes negotiation with a special live episode of its award-winning podcast with Foreign Policy, The Negotiators, at Doha Forum, following the launch of the podcast series’ fifth season on December 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251209171106/en/ Doha Debates spotlighted the practice of high-stakes negotiation with a special live episode of its award-winning podcast with Foreign Policy, The Negotiators, at Doha Forum, following the launch of the podcast series’ fifth season on December 1. (Photo: AETOSWire) Held in collaboration with The Negotiators’ special partner for this season, the International Peace Institute (IPI), and Doha Debates’ longstanding production partner, Foreign Policy, the episode featured a compelling conversation between Prince Zeid bin Ra’ad bin Zeid Al Hussein, president and chief executive officer of the International
CoMotion GLOBAL 2025 Concludes in Riyadh with Landmark Deals and Global Mobility Breakthroughs9.12.2025 19:07:00 EET | Press release
CoMotion GLOBAL 2025 concluded today after three transformative days that brought together global decision-makers, industry leaders, city executives, innovators, and investors to chart the future of mobility in Saudi Arabia and worldwide. Hosted for the first time in the King Abdullah Financial District (KAFD), Riyadh, the event showcased the Kingdom’s accelerating role as a global hub for next-generation transportation, sustainability leadership, and urban innovation. With more than 100 sessions spanning three days, CoMotion GLOBAL showcased forward-looking mobility strategies, multimodal transport breakthroughs, urban digital transformation, AI applications, and the dramatic rethinking of the movement of people and goods across global cities. Key moments from the events included: Launch of the MIT x Kearney report, Envisioning the Future of Mobility Powered by AI, which called for unprecedented public–private collaboration, shared data ecosystems, and integrated national strategies t
HTEC Momentum Recognized as a Clutch Global Honoree and Champion for Fall 20259.12.2025 18:09:00 EET | Press release
HTEC Momentum (formerly Momentum Design Lab), HTEC’s research, product design, management and innovation arm, has earned two of Clutch’s highest distinctions—Global Award honoree and Clutch Champion—reaffirming its ninth straight year as the platform’s top-rated UX agency worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251209358771/en/ HTEC Momentum Recognized as a Clutch Global Honoree and Champion for Fall 2025 The Clutch Global Awards honorees are selected based on demonstrated industry expertise and exceptional delivery—evaluated through thousands of verified client reviews published on Clutch. Clutch’s rigorous, case-study-driven review process includes extensive verification to ensure the authenticity and depth of each submission. These distinctions further underscore HTEC Momentum’s position as a top-rated leader in UX strategy, design, and user research, reflecting the consistent satisfaction of our clients
Onego Bio Launches “ The Power of Trichoderma reesei ” Series to Showcase Innovation, Scale, and Real-World Applications9.12.2025 18:00:00 EET | Press release
Onego Bio, a food ingredient company producing non-animal egg protein with precision fermentation*, today announced the launch of a new expert series titled “The Power of Trichoderma reesei: Building the Future with Fungi.” This multi-part initiative reveals the full potential of Trichoderma reesei, the microbial platform behind Onego’s Bioalbumen®, by spotlighting its scientific strengths, industrial scale, and practical performance across food manufacturing. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251209632524/en/ Headshot of Dr. Sharief Barends The first session, “Why Trichoderma reesei is Precision Fermentation’s Quiet Workhorse,” will be held on December 18, 2025, featuring Dr. Sharief Barends, Head of Research Leiden (Netherlands) and Head of Fungal Genetics at IFF, and Dr. Christopher Landowski, Co-Founder and Chief Technology Officer at Onego Bio. Together, they will explore the research legacy, strengths, and
Guinea Emerges as West Africa's New Digital Transformation Powerhouse9.12.2025 17:53:00 EET | Press release
The Republic of Guinea has reached a decisive turning point as a regional digital power. By hosting the Transform Africa Summit 2025, becoming the first francophone nation to receive this major continental event since its creation in 2013, Guinea confirmed the emergence of Conakry as a new digital innovation hub in West Africa. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251209780892/en/ Rose Pola Pricemou, Minister of Posts, Telecommunications and Digital Economy of the Republic of Guinea (Photo: AETOSWire) The numbers break all records: over 7,000 participants from 79 countries, including 47 ministers, 1,552 government representatives, 584 business leaders, over 590 start-ups, and 14 MoUs signed. Never before in the history of the Transform Africa Summit has such mobilisation been accomplished. This unprecedented turnout demonstrates international confidence in Guinea's ability to lead Africa's digital transformation ch
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom