It was the kind of year when solidity and stability mattered above all else, and Emirates NBD had both of those in spades. Under group chief executive Shayne Nelson, the Dubai-based lender is in pole position to benefit from a post-pandemic recovery, as a region of resource-rich nations, governed by ambitious leaders, seeks to diversify away from oil and gas.
Net profit fell to Dh7 billion ($1.91 billion) in 2020, as Covid hit, but total income rose 4% year on year to Dh23.2
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