Emirates NBD’s Q1 2024 profit surges 67% to AED6.7 billion

Emirates NBD’s profit surged 67 percent to a record AED6.7 billion in the first quarter of 2024 compared to the previous quarter and up a strong 12 percent year-on-year propelled by regional growth, increased transaction volumes, a low-cost funding base, and substantial impaired loan recoveries. Th