Emirates NBD reported a 3% rise in Q1 2026 net profit to AED 6.4 billion, driven by strong lending and deposit growth.
Total income jumped 21% to AED 14.4 billion, supported by a 44% surge in non-funded income and 12% growth in net interest income. Loans rose 7% to AED 703 billion, while deposits increased 6% to AED 830 billion.
Total assets climbed 18% year-on-year to AED 1.2 trillion, reinforcing the bank’s position as Dubai’s largest lender.
The results highlight resilience in the UAE banking sector, supported by liquidity buffers and continued investment in digital and AI-driven capabilities.
Gulf Economist Staff Writer