Emirates NBD Posts Record AED7.8 Billion Pre-Tax Profit in Q1 2025
Emirates NBD reported a 56% year-on-year surge in profit before tax, reaching AED7.8 billion in the first quarter of 2025.
The bank credited strong lending momentum, an improved deposit mix, and the introduction of new products for driving an 11% rise in total income.
Quarter-on-quarter, profit also climbed 56% to AED6.2 billion, supported by higher income, lower operating costs, and an impairment credit, highlighting the bank's strong operational efficiency and financial resilience.
The lender's balance sheet crossed the AED1 trillion mark for the first time, underpinned by robust loan and deposit growth amid a buoyant regional economy. Loans rose by AED18 billion during the quarter, with over half of this growth stemming from Emirates NBD's expanding international network.
Customer deposits increased by 5%, bolstered by a record AED27 billion rise in low-cost Current and Savings Account (CASA) balances, further enhancing the bank's liquidity and funding profile.
With a solid start to the year and sustained economic momentum in the region, Emirates NBD continues to strengthen its position as a leading financial institution in the Middle East.
News Source: Emirates News Agency
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