Emirates NBD Reports a 12% Increase in Income to AED 23.9 Billion for the First Half of 2025, Amid Robust Loan Growth and TechnologicalAdvancements
Emirates NBD Reports Strong First Half Performance with Digital Transformation and Regional Expansion
Emirates NBD, a leading bank in the UAE, has announced impressive financial results for the first half of 2025, showcasing growth in income, loans, and deposits, as well as a commitment to digital transformation and regional expansion.
The bank reported a 12% year-on-year increase in income, reaching AED 23.9 billion. This growth was supported by an 8% rise in lending, amounting to AED 41 billion, across the UAE and its expanding international network. Deposits grew by 10% (AED 70 billion), with a record AED 48 billion increase in low-cost Current and Savings Account (CASA) balances, strengthening its low-cost funding base.
In the realm of digital transformation, Emirates NBD has made significant strides. The bank launched platforms like ENBD X in Saudi Arabia and introduced crypto trading through Liv X. It is also advancing AI-driven payments and blockchain solutions via partnerships with Mastercard and Partior. These initiatives underscore a commitment to leveraging technology for enhanced customer value and efficiency.
Regarding loan growth, the bank achieved a diversified lending increase, with retail loans up 7% and corporate loans up 6%, contributing to an overall 3.5%-8% growth across quarters in 2025. This disciplined loan expansion has supported balance sheet strength, with total assets exceeding AED 1 trillion and an improved impaired loan ratio of 3.1%, indicating prudent risk management.
Emirates NBD continues to grow its footprint beyond the UAE, including strategic moves in Saudi Arabia and other markets, which help diversify income streams and reduce concentration risk. Emirates Islamic, the group's Islamic banking arm, delivered a record AED 1.9 billion profit, demonstrating leadership in the growing Islamic finance segment within the region.
Furthermore, the bank’s Assets Under Management have reached USD 50 billion, propelled by the region’s expanding affluent population and a focused wealth management strategy. Emirates NBD holds about a 35% market share in UAE credit card spend, further highlighting its market dominance.
In summary, Emirates NBD's strategy of digital transformation, strong loan growth, regional expansion, and innovative product offerings has driven significant income and deposit growth in the first half of 2025. The bank's solid capital adequacy, improved impaired loan ratio, and diversified loan portfolio position it for resilient and sustainable growth in a mature banking market with evolving customer needs.
| Aspect | Details | |----------------------|------------------------------------------------------------------------------------------------| | Income Growth | +12% to AED 23.9 billion (H1 2025) | | Loan Growth | +8% lending growth (AED 41 billion increase) across UAE & international network | | Deposit Growth | +10% (AED 70 billion), including AED 48 billion from low-cost CASA balances | | Digital Initiatives | ENBD X platform, crypto trading (Liv X), AI and blockchain partnerships (Mastercard, Partior) | | Regional Expansion | Growing international network, emphasis on Saudi Arabia and Islamic banking segment | | Wealth Management | USD 50 billion Assets Under Management, strong credit card market share (35% in UAE) | | Risk & Capital | Strong capital adequacy, impaired loan ratio at 3.1%, diversified loan portfolio |
The bank's Vice Chairman and Managing Director, Hesham Abdulla Al Qassim, credited the income surge to consumer momentum and business confidence. Emirates NBD has firmly positioned itself as a regional financial powerhouse with a global outlook, recognised as a leader in digital payments and Islamic finance. The Group expects double-digit loan growth for the full year.
- Emirates NBD, having shown an impressive financial performance, reported a 12% increase in income to AED 23.9 billion during the first half of 2025.
- The bank has made substantial strides in digital transformation, having launched platforms like ENBD X and introduced crypto trading through Liv X, as well as partnering with Mastercard and Partior for AI-driven payments and blockchain solutions.
- Emirates NBD has also expanded its footprint beyond the UAE, focusing on strategic moves in Saudi Arabia and other markets to diversity income streams and mitigate risk.
- The bank's infrastructure improved with the growth of its Assets Under Management, reaching USD 50 billion, underscoring its market dominance with a 35% share in UAE credit card spend.
- In terms of digital initiatives, the bank's emphasis on leveraging technology not only for customer value but also for efficiency is evident in its low-cost funding base, which saw a record AED 48 billion increase in low-cost Current and Savings Account (CASA) balances.
- Emirates NBD's commitment to transformative business practices has been beneficial, as seen in its overall growth in income, loans, and deposits, as well as an improved impaired loan ratio of 3.1% and diversified loan portfolio.
