emirates7 - Emirates NBD reported a 56% rise in profit before tax, reaching AED 7.8 billion in the first quarter of 2025. This strong performance was fueled by robust lending activity, a better deposit mix, and the introduction of new products, which collectively drove an 11% year-on-year increase in total income.
The bank also announced that its balance sheet had crossed the AED 1 trillion mark, supported by significant growth in both loans and deposits amid a thriving regional economy.
Quarterly profit surged by 56% compared to the previous quarter, hitting AED 6.2 billion in Q1 2025, thanks to increased income, reduced expenses, and a credit from impairment provisions.
Deposits rose by 5%, propelled by a record AED 27 billion boost in low-cost Current and Savings Account balances.
Loans expanded by AED 18 billion during the quarter, with more than half of that growth coming from the bank’s expanding international operations.
The bank also announced that its balance sheet had crossed the AED 1 trillion mark, supported by significant growth in both loans and deposits amid a thriving regional economy.
Quarterly profit surged by 56% compared to the previous quarter, hitting AED 6.2 billion in Q1 2025, thanks to increased income, reduced expenses, and a credit from impairment provisions.
Deposits rose by 5%, propelled by a record AED 27 billion boost in low-cost Current and Savings Account balances.
Loans expanded by AED 18 billion during the quarter, with more than half of that growth coming from the bank’s expanding international operations.