Today's Edition
DUBAI (WAM)
Emirates NBD reported a profit of Dh12.5 billion for the first half of 2025, compared to Dh13.8 billion during the same period in 2024.
Profit before tax stood at Dh15.4 billion compared to Dh15.9 billion a year earlier.
Total income rose 12 percent to Dh23.9 billion on strong loan growth, regional expansion and innovative product offering.
Lending increased by Dh41 billion, or 8 percent, during the first half of 2025, fuelled by very strong demand both in the UAE and across its growing international network.
Customer deposits grew by Dh70 billion, or 10 percent, in the first half of 2025, propelled by a record Dh48 billion increase in low-cost Current and Savings Account balances.
Operating profit grew 9 percent as the strong loan and deposit growth momentum easily absorbed earlier interest rate cuts.
