<\/p>\n
Emirates NBD, Dubai\u2019s largest bank by assets, said net profit rose for the first quarter of 2026, supported by higher lending and deposit growth.<\/p>\n
Net earnings rose 3 percent to AED6.4 billion ($1.7 billion) in the quarter, compared to AED6.2bn a year ago.<\/p>\n
Total income jumped 21 percent annually to AED14.4 billion, the lender said.<\/p>\n
Non-funded income surged 44 percent, while net interest income was up 12 percent.<\/p>\n
\u201cOur strategic investments in our regional footprint, digital capabilities and GenAI continue to drive strong income growth, offsetting the impact of lower interest rates,\u201d said group CEO Shayne Nelson.<\/p>\n
Lending increased by 7 percent year-on-year to AED703 billion in the first quarter, driven by robust growth across most sectors. Deposits remain a core strength of the bank, rising 6 percent annually to AED830 billion.<\/p>\n
Total assets rose 18 percent year on year to AED1.2 trillion.<\/p>\n
Emirates NBD agreed in October to take a 60 percent share in the Indian private lender RBL Bank for $3 billion through a preferential issue.\u00a0<\/span><\/p>\n Investment Corporation of Dubai owns a 41 percent stake in Emirates NBD.<\/p>\n The UAE central bank in March rolled out emergency measures to support banks, temporarily loosening liquidity rules and expanding access to funding as the Iran War impacted the UAE economy.<\/p>\n There has been no material impact on the banking sector\u2019s health and payment systems, the board of the central bank said.<\/p>\n UAE banks hold nearly AED920 billion with the central bank, including more than AED400 billion in reserves. Foreign reserves exceed the monetary base, with a 119 percent cover ratio, giving the monetary authority strong capacity to support the system.<\/p>\n S&P Global Ratings said Gulf banks could call upon $630 billion in cash, liquid investments and central-bank deposits if a prolonged war with Iran sparks widespread customer withdrawals.<\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Emirates NBD, Dubai\u2019s largest bank by assets, said net profit rose for the first quarter of 2026, supported by higher lending and deposit growth. Net earnings rose 3 percent to AED6.4 billion ($1.7 billion) in the quarter, compared to AED6.2bn a year ago. Total income jumped 21 percent annually to AED14.4 billion, the lender said. […]<\/p>\n","protected":false},"author":1,"featured_media":5922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/04\/Emirates-NBD-1-1012x445.webp",1012,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/04\/Emirates-NBD-1-463x348.webp",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/04\/Emirates-NBD-1-300x225.webp",300,225,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/04\/Emirates-NBD-1.webp",1012,759,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=5921"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5921\/revisions"}],"predecessor-version":[{"id":5923,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5921\/revisions\/5923"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/5922"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=5921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=5921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=5921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}