
Emirates NBD Achieves Record H1 2026 Profit Amid Strategic Expansion
Summary
Emirates NBD reported a record AED 16.2 billion pre-tax profit in H1 2026, driven by strong asset growth and strategic acquisition of RBL Bank.Emirates NBD has delivered a record financial performance in the first half of 2026, generating an AED 16.2 billion profit before tax, marking a 5% year-on-year increase. This growth has been fueled by a 13% increase in net interest income and a 25% growth in non-funded income. The bank's strategic acquisition of RBL Bank has added significant value, contributing AED 74 billion in total assets, AED 44 billion in gross loans, and AED 43 billion in deposits. The balance sheet continues its expansion, surpassing AED 1.3 trillion, with gross loans rising 17% to AED 771 billion and deposits increasing 13% to AED 892 billion.
| KPI | H1 2026 | YoY Change |
|---|---|---|
| Profit Before Tax | AED 16.2 billion | 5% |
| Profit After Tax | AED 12.9 billion | 3% |
| Total Income | AED 27.9 billion | 16% |
| Net Interest Margin (NIM) | 3.25% | - |
| Cost to Income Ratio | 29.9% | - |
| NPL Ratio | 2.1% | - |
| CET-1 Ratio | 13.6% | - |
The acquisition of RBL Bank during the period has further strengthened Emirates NBD’s regional franchise, marking a significant milestone in the Group’s long-term growth strategy. The bank's asset quality remained strong with a cost of risk of 42 basis points, and market-leading capital and liquidity ratios continue to provide a solid foundation for future growth.
In comparison with previous reports, Emirates NBD has shown consistent growth in its financial metrics, reflecting the effectiveness of its diversified business model and strategic initiatives. The bank's robust customer activity and strong balance sheet growth have positioned it well for sustained growth momentum.
Conclusion: The latest KPIs indicate a strong financial position for Emirates NBD, highlighting its capability to sustain growth and profitability. The strategic acquisition of RBL Bank is expected to further bolster its market position and drive future expansion.



