Emirates NBD Reports a 12% Elevation in Income, Reaching AED 23.9 Billion in the First Half of 2025, Owing to Vigorous Loan Expansion and Digital Advancements
Emirates NBD, a leading financial institution in the region with a global outlook, has reported impressive financial results for the first half of 2025. The bank, which is also a recognised leader in Islamic finance and digital payments, posted a 12% year-on-year increase in income, reaching AED 23.9 billion.
The bank's Group CEO, Shayne Nelson, emphasised the bank's transformation into a digital-first organisation. This digital shift, coupled with strategic regional expansion, has been instrumental in driving the bank's growth.
The bank's net interest income rose 5.5% year on year to AED 8.4 billion, supported by a 12% increase in total gross loans to AED 570 billion. Fees and commissions income also surged by 15.4% to AED 2 billion.
Deposits grew by AED 70 billion (10%), with a significant AED 48 billion surge in low-cost current and savings accounts. This growth in deposits helped to reduce funding costs and improve profitability.
Emirates NBD's lending increased by AED 41 billion (8%) during the period. The bank's impairment ratio also improved to 2.8%, reflecting a positive credit environment and improved asset quality.
The bank's Vice Chairman and Managing Director, Hesham Abdulla Al Qassim, credited the income surge to consumer momentum and business confidence.
The bank's Group CFO, Patrick Sullivan, highlighted the bank's disciplined growth strategy. Emirates NBD expects double-digit loan growth for the full year. With USD 50 billion in Assets Under Management, the bank has a solid balance sheet.
In addition to its traditional banking services, Emirates NBD introduced new structured credit, commodity, and investment products. The bank also made strides in the digital space, launching crypto trading via Liv X in partnership with Aquanow and Zodia Custody.
The bank continued to expand its presence in Saudi Arabia, achieving 27% loan growth in the Kingdom. Emirates NBD's commitment to environmental, social, and governance (ESG) principles is also noteworthy, as the bank boasts top ESG ratings.
Despite recent interest rate cuts, the bank's operating profit rose by 9%. Emirates Islamic, a subsidiary of the Group, also posted a record AED 1.9 billion profit in H1 2025. These results underscore Emirates NBD's resilience and growth in a challenging economic environment.
[1] Emirates NBD Reports H1 2025 Results: https://www.emiratesnbd.com/about-us/investor-relations/financial-results [2] Emirates NBD Achieves 27% Loan Growth in Saudi Arabia: https://www.emiratesnbd.com/about-us/newsroom/emirates-nbd-achieves-27-loan-growth-in-saudi-arabia [3] Emirates NBD Launches Crypto Trading: https://www.emiratesnbd.com/about-us/newsroom/emirates-nbd-launches-crypto-trading-via-liv-x-in-partnership-with-aquanow-and-zodia-custody [4] Emirates NBD's ESG Ratings: https://www.emiratesnbd.com/about-us/esg/esg-report-2020
- In the midst of impressive financial growth, Emirates NBD, a prominent financial institution, has successfully transformed into a digital-first organization, excelling in both business and technology.
- The bank's strategic expansion, particularly in Saudi Arabia, and its foray into the digital space, including the launch of crypto trading, contribute to its ongoing innovation and growth in the finance industry.
- Emirates NBD's dedication to environmental, social, and governance (ESG) principles is commendable, as the bank has achieved top ESG ratings, reflecting its commitment to sustainable practices.
- The bank's remarkable income surge can be attributed to consumer momentum, business confidence, and strategic growth in various investment areas such as structured credit, commodities, and digital finance.
- Despite facing economic challenges and recent interest rate cuts, Emirates NBD has demonstrated resilience, as evident in its 9% increase in operating profit and the record profit posted by its subsidiary, Emirates Islamic.
- The bank's robust balance sheet, with USD 50 billion in Assets Under Management, serves as a testament to its financial stability and continued investment in both traditional and innovative financial services.
