The Gulf-based banking group, which covers services including private banking, reported a broadly robust set of figures for the first six months of this year.

The private banking arm of Emirates NBD reported a rise in assets under management to AED11.2 billion ($3.04 billion) at the end of June, the Dubai-headquartered banking group said, while giving few other details about its wealth management figures.

For the group as a whole, Emirates NBD, the largest bank in the United Arab Emirates by total income and branch network, said it logged a 41 per cent year-on-year rise for in net profit to AED3.3 billion in the first half of 2015, according to a statement today.

Total income for the six-month period rose 7 per cent to AED7.6 billion. Net interest income grow 9 per cent to AED5.0 billion.

Emirates NBD’s retail banking and wealth management arm reported total income of AED2.821 billion, up from AED2.793 billion a year earlier; the bank said growth was mainly driven by an 18 per cent rise in fee income, driven by strong growth in foreign exchange and credit card business, and growth in wealth management.