Emirates NBD reported a profit of Dhs12.5 billion for the first half of 2025, compared to Dhs13.8 billion during the same period in 2024. Profit before tax stood at Dhs15.4 billion compared to Dhs15.9 billion a year earlier.
Total income rose 12 per cent to Dhs23.9 billion on strong loan growth, regional expansion and innovative product offering. Lending increased by Dhs41 billion, or 8 per cent, 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 Dhs70 billion, or 10 per cent, in the first half of 2025, propelled by a record Dhs48 billion increase in low-cost Current and Savings Account balances. Operating profit grew 9 per cent as the strong loan and deposit growth momentum easily absorbed earlier interest rate cuts.
WAM