DIB delivers Dh4.3 billion profit in H1 2025, crosses $100 billion in assets

Dubai: DIB reported a robust 16% year-on-year rise in pre-tax profit to Dh4.3 billion in the first half of 2025, with net profit reaching Dh3.7 billion. The bank’s performance was driven by double-digit growth in financing and deposits, improved asset quality, and expanding AI-led efficiencies across operations.

Total operating revenue rose to Dh6.4 billion, while impairment charges fell 61% to Dh256 million, supported by prudent underwriting and effective risk management. DIB’s balance sheet expanded by 8% year-to-date to Dh373 billion, crossing the $100 billion milestone for the first time.

Net financing assets grew 12% to Dh237 billion, supported by strong activity across both consumer and wholesale banking. Customer deposits increased 14% to Dh284 billion, with CASA balances growing 8% to Dh102 billion, now comprising 36% of total deposits.

DIB’s sukuk portfolio also expanded by 9% to Dh89 billion, largely consisting of high-quality sovereign and financial institution issuances. The bank’s non-performing financing (NPF) ratio improved by 64 basis points to 3.36%, while total coverage rose to 145%.

On the technology front, DIB continued to scale up AI integration to boost operational efficiency. This included 20% faster service delivery, 35% of new retail acquisitions powered by AI, and 30% fewer false positives in risk alerts. Over 100,000 underserved customers were reached through AI-driven credit scoring models.

The first half of the year also saw Dh2.7 billion in new sustainable financing and Dh14 billion in green sukuk issuances, reaffirming DIB’s commitment to the UAE’s sustainable finance agenda.

The bank marked its 50th anniversary in 2025 with a refreshed corporate identity and the launch of the DIB Academy to drive talent development aligned with the UAE’s national goals.

Chairman Mohammed Ibrahim Al Shaibani said DIB’s first-half results reflect its long-term strategy rooted in sound governance, innovation, and purpose-driven growth, positioning the bank for continued value creation.