Markets

Dubai’s Emirates NBD posts 3% rise in first-quarter profit

  • Profit for the first three months of the year came in at 6.4 billion dirhams ($1.74 billion), ENBD said in a statement
Published Updated
By

DUBAI: Emirates NBD, Dubai’s largest bank by assets, said on Thursday its profit for the first quarter rose 3% from a year earlier, the first set of results released by the Emirati lender since the start of the nearly two month-old Iran war.

Profit for the first three months of the year came in at 6.4 billion dirhams ($1.74 billion), ENBD said in a statement, up from 6.2 billion dirhams in the same period a year earlier.

Read Also