Dubai's Emirates NBD (ENBD) expects its loan growth to fall to a mid-single digit percentage in 2016, the bank said on Monday.

This compares with loan growth of 10 per cent in 2015, the emirate's largest lender wrote in an emailed response to questions from Reuters.

The bank said the likely drop would be because of subdued demand.

Earlier on Monday, ENBD reported a 74 per cent jump in fourth-quarter net profit as fees rose and provisions fell.-Reuters