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الاقتصادية
Emirates NBD profit rises 5% to AED 16.2B
Bank Abu Dhabi Dubai National achieved record pre-tax profits of 16.2 billion dirhams in the first half of 2026, representing a 5% increase compared to the same period of the previous year. This growth was driven by a 13% rise in net interest income and a 25% increase in non-funded income. The acquisition of RBL Bank significantly contributed to the expansion, adding 74 billion dirhams to assets, 44 billion to the loan portfolio, and 43 billion to deposits. Loans reached 771 billion dirhams, a 17% increase, while the balance sheet grew to over one trillion dirhams. The bank maintained asset quality stability, with the ratio of non-performing loans reduced to 2.1%. The bank reissued a $750 million Additional Tier 1 capital bond, along with green and blue bonds valued at $1 billion and €500 million, and $3.75 billion in sustainability-linked loans, achieving 91% of its 2030 sustainable finance target. The results underscore the strength and resilience of the UAE economy, reflecting continued growth in assets and sound risk management.
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