Emirates NBD Records Exceptional Financial Performance and Wins Multiple Regional Awards

Emirates NBD Bank (P.J.S.C.) has made significant strides in 2024, boasting a 7% increase in net profit to AED 23 billion and standout growth in credit. The bank also expanded its international operations, accounting for 31% of total income. Its success was recognized at the Euromoney Middle East Awards for Excellence 2025, where it won eight awards, including 'Middle East's Best Bank' and 'Middle East's Best Bank for SMEs'.

Key Takeaways:

• Emirates NBD recorded a 7% increase in net profit to AED 23 billion in 2024, driven by standout growth in credit.
• The bank's international operations now account for 31% of total income, reflecting its successful expansion strategy across the GCC, Asia, and Europe.
• Emirates NBD won eight awards at the Euromoney Middle East Awards for Excellence 2025, including 'Middle East's Best Bank', 'Middle East's Best Bank for SMEs', and 'UAE's Best Bank'.
• The bank's investment banking arm, Emirates NBD Capital, facilitated more than USD 34 billion in sustainable finance during 2024, earning the rank of top 12 global coordinator of emerging market ESG-labelled bonds.
• Emirates NBD launched its first sustainable fixed deposit, attracting USD 100 million in inflows, and issued a USD 500 million sustainability-linked loan financing bond.
• The bank's SME segment showed an 11% revenue increase in 2024, reflecting its deep commitment to entrepreneurship, economic diversification, and digital innovation.
• Digitisation played a crucial role in Emirates NBD's SME strategy, with approximately 80% of SME accounts opened digitally in 2024.
• Emirates NBD also won awards for 'UAE's Best Bank', 'UAE's Best Bank for ESG', and 'UAE's Best Investment Bank for Equity Capital Markets (ECM) 2025', showcasing asset growth of 16% and significant new loans of AED 160 billion.

Statistics:

• Emirates NBD's net profit increased by 7% to AED 23 billion in 2024.
• The bank's international operations account for 31% of total income.
• Emirates NBD won eight awards at the Euromoney Middle East Awards for Excellence 2025.
• Emirates NBD's sustainable finance mobilization reached over USD 34.3 billion in 2024.
• The bank's SME segment showed an 11% revenue increase in 2024.
• Approximately 80% of Emirate NBD's SME accounts were opened digitally in 2024.
• Emirates NBD issued a USD 500 million sustainability-linked loan financing bond in 2024.
• The bank attracted USD 100 million in inflows from its first sustainable fixed deposit.

Sources:

• Emirates NBD Bank (P.J.S.C.)
• Euromoney Middle East Awards for Excellence 2025
• The Banker (2024 edition)