Net profit after tax of AED 830mn, up 0.2% compared to the prior comparative period
CBD recorded a net profit before tax of AED 912mn, an increase of 0.3% compared to the prior comparative period, while net profit after tax rose to AED 830mn, up 0.2% year-on-year.
The Bank sustained a strong return on equity (ROE) of 20.57% after tax, reflecting the quality and consistency of its performance and generating exceptional value for shareholders.
Proactive measures
“We commend our leaders and the government of the United Arab Emirates for the continued proactive measures taken including the announcement of the Financial Institution Resilience Package by the Central Bank of the UAE to enhance the resilience of the Banking Sector and the Strategic Measures announced by Dubai Executive Council,” emphasized Dr. Bernd van Linder, Chief Executive Officer, CBD.
CBD’s Q1-2026 performance was underpinned by solid growth in loans, CASA balances and non-funded income, supported by robust business continuity frameworks, strong funding, liquidity and capital, operational excellence and prudent and proactive risk management practices.
Open Finance
CBD is the first bank in the UAE to completely activate Open Finance at scale, establishing themselves as a market leader in this initiative and reinforcing their role as an early adopter of next-generation financial infrastructure and a firm believer in customer empowerment.
CBD was among the financial institutions to recognise AE Coin, a UAE Central Bank-licensed, fully reserved, UAE dirham-backed digital currency, as a payment method across all federal government entities.
CBD’s strong credit profile was reaffirmed with Fitch Ratings affirming an A- rating with a ‘Stable’ outlook and Moody’s maintaining a Baa1 rating with a ‘Stable’ outlook, reflecting its sound capitalisation, balanced funding mix and prudent risk management, the press statement concluded.
