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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 ...
Arabian Gulf Business Insight on MSN2d
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 ...
inflation is continuing to come under control which should allow the private sector to expand while Turkey’s monetary policy is helping to curb inflation," said Emirates NBD in a statement.
Emirates NBD’s Profit before tax rose 56% to AED 7.8 billion as strong lending momentum, an improvement in deposit mix and new products drove an 11% year-on-year increase in income. The balance sheet ...