The gain of Emirates NBD before taxes increase 56% to 7.8 billion AED in a strong growth of loans and improving the combination of deposits; Assets exceed AED 1 billion milestones
April 22, 2025
The gain of Emirates NBD before taxes increased 56% to 7.8 billion AED as a strong impulse of loans, an improvement in the combination of deposits and new products promoted an annual increase of 11% in income. The general balance exceeded the milestone of 1 billion AED driven by an impressive growth of loans and deposits of a floating regional economy. The deposits grew by 5%, driven by a record increase of 27 billion of 27 billion in savings balances and low -cost current. Loans grew 18 billion in the first quarter of 2025, with more than half of the increase from the growing international network.
The quarterly profitability of Emirates Islamic crossed the AED brand 1 billion for the first time, highlighting its position as a leading Islamic bank in the EAU. The growing rich population of the region promoted assets under administration to USD 50 billion, affirming the successful approach of Emirates NBD in heritage management and new products. The strategic investment in the regional footprint of the group, Digital and Genai, are generating income, helping to compensate for the impact of lower interest rates.
Prominent key – P1 2025
Profit before taxes increased 56% quarter in quarter in a significant growth of regional expansion loans, a low -cost financing base and strong transaction volumes. The assets exceeded the milestone of 1 billion AED. Total income increased 5% to AED 11.9 billion in strong loan growth and a combination of low -cost financing. Loans grew 3.5% in the first quarter, with the increase in loans in 18 billion AED, more than half or that come from the international network. The deposits grew 31 billion in Q1-25, including a record increase of 27 billion in current and savings accounts, reinforcing the combination of deposits such as a key force of the group. A 0.5 billion AED deterioration The quarterly benefit of Emirates Islamic exceeded one billion AED for the first time.
Emirates NBD investment in customer services and products
Emirates NBD achieved a market share of 35% of the US credit card spending, with more than 50 billion credit expenses and debit cards in the first quarter of the first quarter. The Bank launched its first Cobranded ‘Darna’ credit card by Abu Dhabi Retail and Lifestyle in association with Aldar. He offered a free local capital trade in the award -winning applications ENBD X and EI+, which support the regional securities markets. Emirates NBD became one of the main banks of the region for client experience with a net promoter score of 48. The expansion of the KSA network contributed to an impressive loan growth in 15% in Q1-25. The Bank delivered 46 billion new loans, achieving a growth of 7% retail loans and a 6% corporate loan growth in Q1-25. New structured products of credit, basic products and investment were introduced, which promoted a substantial increase in income from both local and international customers. The Albe Markets desktop was classified as the M-Bill Primary Concessionaire number one by the Central Bank of the EAU by 2024. The corporate growth of the house was backed by the best deposit capabilities in digital guarantee, API and virtual accounts. Emirates NBD Capital was the number one investment bank for the OPI and Mena loans of the EAU, and coined its position of the 3 main for international sukuks. 93%of the new current accounts were opened through the mobile application (40%) or assisted tablet (58%). Assets under administration throughout the group grew to USD 50 billion, which reflects the continuous success of the Bank’s Heritage Management Strategy.
Looking to the future
Emirates NBD is becoming a first regional power, focused on data and with the environment. ENBD X was launched in Ksa, updating the digital offer in the kingdom. The bank launched Crypto Trading through Liv X in association with Aquanow and Zodia Custody. More than 750000 users committed to WhatsApp bank. Emirates NBD Pay formed a strategic association with the Cybermeurce Visa platform to accelerate advanced digital payment solutions for customers, and collaborated with MasterCard to improve digital payment solutions, becoming the first master’s master Aster Aster master. More Fintech collaborations were made with more partial part (Blockchain payments) and IPID (beneficiary validation). Large data analytics expanded new opportunities for the acquisition of merchants. Around 50 cases of use of assets advanced analysis placed Emirates NBD as a data data bank. The Bank received the best ESG rating for any bank in the region for Global S&P and became the first bank in Mena to publish an opening report of the ISB. Emirates NBD now has the largest number of certified branches of Platinum Leed of any bank worldwide.
Executive comment
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director, Stated that Emirates NBD’s Profit Before Tax Grew Substantialy by 56% to AED 7.8 Billion in The First Quarter of 2025, Driven by Strong Region Fund Forming and Substaned Fundform and Subsal SUBSEDED FUNDORM, AND SUBSED FUNTFORM, AND SURETASED FUNDORM, AND SURETASED FUND FORM, AND SUSTASED FUNDING, AND TRAINING OF SUSTEED FUNDS, SUSTAful Funds, FUNDS FUNDS AND TRAINING OF FUNDS, AND SUSTAINED FUNDS, AND SUSTAINED FACITORS. Recoveries. The general balance exceeded the milestone of 1 billion AED driven by an impressive growth of loans and deposits of a floating regional economy. All business units achieved outstanding performance with higher year -on -year income. The quarterly benefit of Emirates Islamic exceeded the AED 1 billion for the first time, with a very strong client financing growth of 7% in Q1-25, highlighting its position as an Islamic banking power in the EAU. Emirates NBD ordered a market share of 35% of the US credit card and prosecuted more than 50 billion credit expenses and debit card in Q1-25. Loans grew for 18 billion AED, with more than half of the increase from the growing international network.
Shayne Nelson, executive director of the group, said Emiralates NBD offered an interannual increase, driven by excellent loan growth and group’s ability to attract and retain low -cost deposits. He pointed out that strategic investment in the regional, digital and Genai footprint helps to compensate for the impact of lower interest rates. Innovative products successively took advantage of growth areas, including private banking, heritage management, regional corporate growth and investment banking. Strategic associations are accelerating advanced digital payment solutions, with an expanded collaboration with three exciting Fintech companies in blockchain payments and beneficiary validation. Big Data Analytics is actively expanding the new merchants who acquire opportunities with 50 cases of the use of advanced analysis, positioning Emirates NBD as a data data bank.
Patrick Sullivan, financial director of the group, stressed that the profits increased by 56% in the quarter prior to 6.2 billion in Q1-25 in higher income, lower costs and a deterioration loan. The low cost and low -cost savings deposit base of the group grew in a 27 billion record, which helps absorb the impact of lower interest rates. A healthy credit environment and a buoyant economy resulted in a network of net deterioration of 0.5 billion AED. The strong growth of loans was supported by retinal profits, solidifying the solid rock balance of NBD Emirates and positioning it as a regional power. Investment in people, networks, technology and products is delivering new sources of income.
Perspective
The non-oil economy in the EAU began 2025 in a strong position with signs of robust activity in Q1-25. A healthy national economy, backed by a significantly private investment in the public sector and a growing population, will support growth this year. In Saudi Arabia, the extensive government investment program supported a strong activity. Oil production is due to the increase in both EAU and Saudi Arabia, while income diversification is helping to isolate the economies of oil price volatility. In Egypt, inflation is under control, supporting the expansion of the private sector, while Türkiye’s monetary policy is an aid to stop inflation.
Prize
EMIRATES NBD WAS AWARDED MIDDLE EAST’S BEST FOR UHNW, UAE’S BEST FOR UHNW, MIDDLE EAST’S BEST FOR NEXT GEN, AND UAE’S BEST FOR NEXT GEN AT THE EUROMoney Private Banking Awards 2025. EMIRATES NBD CAPITAL And Best Investment Bank in the UAE at the Global Finance World’s Best Investment Bank Awards 2025, and Also Won Best Impacting Solution at the Global Finance’s Substantable Finance Awards 2025: Middle East. Further Awards Included Financial Institutions Bond Deal of the Year, Debt (Bonds & Loans) House of the Year, Loan House of the Year, local Equity Capital Markets House of the Year, and Islamic Syndications: Middle Banking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking & Marking MARKING & MARKING & MARKING & MARKING & MARKING & MARKING & MARKING & MARKING & MARKING & MARKING & MARKING & MARKING & MARKING & MARKING AND MARKS AND MARKS AND MARKS AND MARKS AND MARKS AND MARKS AND MARKS AND MARKS AND MARKS AND MARKS AND MARKS AND Markings: The Global Banking & Marks. NBD also won the Human Resources Innovation Award in EMEA for Oracle Excellence Awards 2025.
Emirates NBD has a leading retail bank franchise, with 839 branches and 4,539 ATMs/SDM in the EAU and abroad. He is an important player in the field of corporate and retail banks of the EAU and has a strong Islamic banking, investment banking, private banking, asset management, global markets and treasury and brokerage operations. The Bank operates in the EAU, Egypt, India, Türkiye, the kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Bahrain, Russia and representative offices in China and Indonesia.
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