Dubai – Mubasher: Emirates NBD logged net profits attributable to the shareholders worth AED 9.07 billion in the first nine months (9M) of 2022, an annual surge of 25% from AED 7.28 billion.

Total operating income amounted to AED 22.69 billion in the January-September 2022 period, up 31% year-on-year (YoY) from AED 17.30 billion, according to the bank’s financial results.

Basic and diluted earnings per share (EPS) stood at AED 1.38 in 9M-22, higher than AED 1.08 in 9M-21.

The assets totalled AED 720.52 billion in 9M-22, versus AED 687.43 billion as on 31 December 2021.

In the third quarter (Q3) of 2022, the net profits attributable to the owners of Emirates NBD widened to AED 3.77 billion from SAR 2.50 billion in Q3-21, while the total operating income enlarged to AED 8.48 billion from AED 5.76 billion.

The basic and diluted EPS jumped to AED 0.58 in Q3-22, compared to SAR 0.38 in the year-ago period.

Shayne Nelson, Group CEO of Emirates NBD, said: “Emirates NBD Egypt recorded 50% growth in e-transactions in 2022 as it successfully harnesses the group’s IT infrastructure.”

In the first half (H1) of 2022, the UAE-based lender generated AED 5.30 billion in net profit, an 11% YoY surge from AED 4.78 billion.