Management Discussion and Analysis report Q2-2026

Net profit after tax reached AED 1,716 million for the first half of 2026, representing a 1.2% increase compared to the first half of 2025.
Net loans grew 3.1% from December 2025 to reach AED 104.2 billion, supported by a 3.60% non-performing loan (NPL) ratio.
In early July 2026, the bank issued a USD 600 million Additional Tier 1 (AT1) perpetual bond to reinforce its long-term capital position.
Key performance indicators as of 30 June 2026 included a return on equity (ROE) of 20.92% and a Common Equity Tier 1 (CET1) ratio of 13.00%.