1 week Ago By Reuters
DUBAI, April 22 (Reuters) - Emirates NBD (ENBD.DU) , opens new tab , Dubai's biggest bank by assets, beat estimates for first-quarter profit on Tuesday, helped by strong growth in loans and interest income. The lender's net profit came in at 6.
2 billion dirhams ($1.69 billion) for the three months ended March 31, compared with 6.7 billion dirhams in the year-ago quarter.
Sign up here. Analysts on average had expected a profit of around 5.1 billion dirhams, according to estimates compiled by LSEG.
($1 = 3.6724 UAE dirham) Reporting by Manya Saini in Dubai; Editing by Sonali Paul Our Standards: The Thomson Reuters Trust Principles. , opens new tab.
