Emirates NBD Reports a 12% Increase in Earnings to AED 23.9 Billion for the First Half of 2025, Attributed to Sturdy Loan Growth and Digital Advancements
Emirates NBD Reports 12% Income Growth in H1 2025
Emirates NBD, the Dubai-based bank recognized as a leader in digital payments and Islamic finance, has announced a 12% year-on-year increase in total income to AED 23.9 billion for the first half of 2025. This growth is primarily driven by strong loan and deposit growth, fueled by regional expansion, product innovation, and digital transformation initiatives.
The bank's lending increased by AED 41 billion (8%), with the Saudi Arabia network alone driving a 27% jump in loans. Retail and corporate loans grew 13% year-on-year, supported by AED 92 billion in new lending. Emirates NBD's continuous innovation helped attract customers and boost income, including a record AED 48 billion increase in low-cost Current and Savings Account deposits, which also grew customer deposits by AED 70 billion (10%).
The bank's expanding international footprint, especially in Saudi Arabia, contributed significantly to loan growth and income gains. Operating profit rose 9%, reflecting strong loan and deposit growth momentum that offset earlier interest rate cuts in the period.
Group CEO Shayne Nelson highlighted the bank's transformation into a digital-first organization, while Vice Chairman and Managing Director Hesham Abdulla Al Qassim credited the income surge to consumer momentum and business confidence.
Emirates NBD recorded a net impairment credit of AED 0.3 billion, reflecting a positive credit environment and improved asset quality. The Group's growth strategy, which is described as disciplined, has been instrumental in these achievements.
Despite a slight decrease in profit before tax compared to the previous year, the income growth reflects robust underlying business expansion, notably in lending and deposits, combined with regional market capture and innovation efforts.
Emirates NBD has firmly positioned itself as a regional financial powerhouse with a global outlook. The Group, which manages USD 50 billion in Assets Under Management, has top ESG ratings.
In addition to its traditional banking services, Emirates NBD has ventured into new areas. It launched crypto trading via Liv X in partnership with Aquanow and Zodia Custody. The bank also introduced new structured credit, commodity, and investment products.
Emirates Islamic, a subsidiary of the Group, posted a record AED 1.9 billion profit in H1 2025. The bank expects double-digit loan growth for the full year. With these impressive results, Emirates NBD continues to set the pace in the Middle Eastern banking sector.
[1] Emirates NBD H1 2025 Results Announcement [2] Emirates NBD Media Release: H1 2025 Results [3] Emirates NBD Media Release: Digital Transformation and AI Investments [4] Emirates NBD Media Release: Regional Expansion and Innovation Efforts
- The strong growth in total income for Emirates NBD, a bank known for digital payments and Islamic finance, can be attributed to factors such as regional expansion, product innovation, and digital transformation initiatives.
- The bank's lending increased significantly, with a 27% jump in loans from its Saudi Arabia network alone, and a 13% year-on-year growth in retail and corporate loans, supported by AED 92 billion in new lending.
- Emirates NBD's continuous innovation helped attract customers and boost income, as evidenced by a record AED 48 billion increase in low-cost Current and Savings Account deposits, which also grew customer deposits by AED 70 billion (10%).
- Group CEO Shayne Nelson and Vice Chairman and Managing Director Hesham Abdulla Al Qassim credited the substantial income surge to the bank's transformation into a digital-first organization and the resulting consumer momentum and business confidence.
- Emirates NBD has ventured into new areas, launching crypto trading via Liv X in partnership with Aquanow and Zodia Custody, and introducing new structured credit, commodity, and investment products.
- Despite a slight decrease in profit before tax compared to the previous year, the income growth reflects robust underlying business expansion, notably in lending and deposits, combined with regional market capture and innovation efforts, positioning Emirates NBD as a regional financial powerhouse with a global outlook.
