Capital infusion by Emirates NBD drove a 23% YoY advance growth and improved credit ratings. Margins are set to rise as high-cost liabilities are retired and deposit costs fall, with ROA expected to reach 1% by Q2/Q3 FY27. Credit card credit costs remain elevated but are projected to normalize by Q…
Capital infusion by Emirates NBD drove a 23% YoY advance growth and improved credit ratings. Margins are set to rise as high-cost liabilities are retired and deposit costs fall, with ROA expected to reach 1% by Q2/Q3 FY27. Credit card credit costs remain elevated but are projected to normalize by Q3.
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