Great start to 2025 for Dubai's Emirates NBD

Emirates NBD’s profit before tax stirred up a sharp 56 per cent quarter-to-quarter growth to Dh7.8 billion for the first three months of 2025. The key fundamentals — “lending momentum, improvement in deposit mix and new products” — were all in play.

- BY MANOJ NAIR

Net profit too was up 56 per cent q-to-q to Dh6.2 billion. Deposits grew by 5 per cent, driven by a ‘record’ Dh27 billion increase in current and savings account balances.

Loans up Dh18b