Emirates NBD: Delivers Record AED 19.0 Billion Profit In 9M’24, Up 9% y-o-y

Emirates NBD delivered a record profit of AED 19.0 billion for the first nine months of 2024 as the Group is strategically positioned to benefit from regional growth and consumer confidence. Over AED 100 billion in new loans have been provided to customers in 2024 across our network. Income grew 7% in the third quarter of 2024, driven by strong loan growth, improving margins and higher fee & commission income. Our Digital Wealth platform has propelled Group Assets Under Management above USD 40 billion as the product offering expanded to include fractional bonds & sukuks, equities and mutual funds. Emirates Islamic delivered their strongest-ever results with an excellent AED 2.5 billion profit and the branch expansion into the Kingdom of Saudi Arabia enabled KSA’s loan book to grow by a very impressive 49% in 2024.
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Emirates NBD Bank
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