Emirates NBD, Dubai's largest bank by assets, reported what it called a record profit before tax of AED 27.1 billion for the full year 2024, a 15% increase on the prior year's result, in results announced on 29 January 2025. Total income surpassed AED 44 billion for the first time in the bank's history.
The group includes DenizBank, the Turkish subsidiary acquired from Sberbank in 2019.
LENDING AND ASSETS UNDER MANAGEMENT
Total gross loans grew 10% to AED 529 billion in 2024, supported by AED 160 billion of new loans provided to customers during the year.
Assets under management across the group exceeded USD 44 billion.
DIVIDEND
Emirates NBD's board proposed an ordinary dividend of 100 fils per share for 2024.
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