Emirates NBD hits record dh10 bn profits in 2018.

Emirates NBD, Dubai's largest bank, on Wednesday said its net profit jumped 20 percent in 2018 to reach record Dh10-billion mark on the back of higher interest income and reduced provisions. The bank also achieved a milestone of assets reaching half a trillion dirham mark for the first time in its history. "2018 marked another successful year for Emirates NBD with strong income growth leading to a record high net profit. As the official banking partner for Expo 2020 Dubai, we are focused on ensuring that banking services at the exhibition are at the forefront of innovation... In light of the solid performance by the Bank, we are proposing a cash dividend at 40 fils per share," said Sheikh Ahmed Bin Saeed Al Maktoum, Chairman, Emirates NBD. "We continued to expand...