Emirates NBD bank reported a 6% year-on-year increase in profit before tax to Dh23.4 billion for the first nine months of 2025.
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Emirates NBD bank reported a 6% year-on-year increase in profit before tax to Dh23.4 billion for the first nine months of 2025.
Emirates NBD bank reported a 6% year-on-year increase in profit before tax to Dh23.4 billion for the first nine months of 2025, supported by record loan growth, sustained deposit inflows, and a robust regional performance.
The Group’s total income rose 12% to Dh36.7 billion, driven by higher interest and non-funded income across all business segments. Operating profit climbed 10% to Dh25.5 billion despite a 16% rise in operating expenses to Dh11.2 billion, reflecting ongoing investment in digital transformation and regional expansion.
Record-breaking lending growth was a key highlight — Emirates NBD’s loan book expanded by Dh99 billion (19%) in the first nine months, while deposits rose Dh94 billion (14%), including Dh56 billion in low-cost current and savings accounts. The bank’s net interest margin stood at 3.43%, cost-to-income ratio remained strong at 30.5%, and CET-1 ratio settled at 14.7%, underscoring a healthy capital position.
Shayne Nelson, Group CEO, said: “Emirates NBD delivered an 8% profit increase year-on-year, driven by record credit demand and our ability to attract low-cost deposits. Our investment in India’s RBL Bank demonstrates confidence in India’s fast-expanding economy and aligns with our goal to deepen our presence in core growth markets.”
Emirates NBD’s acquisition of a 60% stake in RBL Bank Limited for $3 billion marks one of the largest regional banking expansions into India. The transaction, expected to close by mid-2026 pending regulatory approval, includes merging the Group’s existing three India branches with RBL Bank’s operations.
Saudi Arabia continued to be a star performer with lending up 38%, and two additional branches set to open by year-end. Emirates NBD Capital retained its leadership in the UAE IPO market, ranking #1 in managed listings for 2025.
The Group’s liquidity position remains robust with a 149% liquidity coverage ratio and 17% capital adequacy, while total assets grew 19% year-on-year to Dh1.14 trillion.
Emirates NBD further enhanced its digital footprint, with 2.4 million active users on its ENBD X platform and over Dh5 billion in equity trading volumes within a year of launch. The bank also executed $8 billion in sustainable finance transactions, ranking first on the MENAT sustainable issuance league table.
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