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Emirates NBD, a leading banking group in the UAE, announced a remarkable 56 per cent increase in profit before tax, reaching ...
Emirates NBD’s Profit before tax rose 56% to AED 7.8 billion as strong lending momentum, an improvement in deposit mix and ...
Arabian Gulf Business Insight on MSN6d
Emirates NBD profit slips despite strong loan growth
Net profit at Emirates NBD, Dubai’s biggest bank by assets, fell in the first quarter of 2025 compared to a year ago despite growth in loans and interest income. Tax paid caused the bottom line to ...
Emirates NBD’s profit before tax rose 56% to AED7.8 billion ($2.12 billion) as strong lending momentum, an improvement in deposit mix and new products drove an 11% year-on-year increase in income.
Profit before tax rises 56% to $2.12 billion on strong loan growth and improving deposit mix; Deposits grew by 5%; Income up 11% ...
"All business units achieved an outstanding performance as they delivered higher income year-on-year," said Hesham Abdulla Al Qassim, Vice-Chairman and Managing Director of Emirates NBD.
Emirates NBD , Dubai's biggest bank by assets, beat first-quarter profit estimates on Tuesday, supported by strong growth in ...
“Emirates NBD’s Profit before tax grew substantially by 56% to AED 7.8 billion in the first quarter of 2025, driven by strong ...