Emirates NBD delivered a record financial performance in the first half of 2026, generating AED16.2 billion ($4.41 billion) profit before tax, up 5% year-on-year, fuelled by a 13% increase in net interest income and an impressive 25% growth in non-funded income.
The bank continues to benefit from robust customer activity, strong balance sheet growth and the clear strength of our diversified business model, positioning the Group well for sustained growth momentum, it said.
The balance sheet continues its expansion, surpassing AED1.3 trillion, as gross loans rose 17% to AED771 billion, driven by the healthy growth momentum in the UAE and the consolidation of RBL Bank.
Deposits remain a core strength, increasing 13% to AED892 billion. Asset quality remained strong with a cost of risk of 42 basis points, while market leading capital and liquidity ratios continued to provide a solid foundation to support future growth.
The acquisition of Indiaâs RBL Bank during the period added AED74 billion in total assets, AED44 billion in gross loans, and AED43 billion in deposits to the group, further strengthening Emirates NBDâs regional franchise, and marking another important milestone in the groupâs long-term growth strategy, it said.
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