According to Lebanon’s consolidated commercial banks’ balance sheet, total assets declined by 0.77% on year over year (YoY) basis to stand at $103.51B by June 2025 amid BDL’s adoption of a new exchange rate of LBP 89,500 per USD effective 31/01/2024.
On the assets side, currency and deposits with Central Bank represented a high figure of 76.48% of total assets; they dropped annually by 3.17% to settle at $79.2B in June 2025. Deposits with the central bank (BDL) represented 99.89% of total reserves, and decreased by 3.16% YoY, to reach $79.1B in June 2025. Furthermore, vault cash in Lebanese pound declined by 13.00% on a yearly basis to stand at $87.62M by the same period.
Claims on resident customers, constituting 4.31% of total assets, shrank by 22.19% to stand at $4.46B in June 2025. Moreover, resident securities portfolio, representing 5.62% of total assets, increased by 24.28% in June 2025 to stand at $5.82B. More specifically, the Eurobond holding recorded a decrease of 0.43% since June 2024, to reach $2.25B (net of provisions) in June 2025. Additionally, claims on non-resident financial sector rose by 20.88% YoY to stand at $5.33B by June 2025.
On the liabilities side, resident customers’ deposits were the main account, representing 64.50% of total liabilities; they dropped by 3.19% since June 2024 to reach $66.8B by the month of June 2025. In more details, deposits in foreign currencies (being 98.82% of resident customers’ deposits) declined by 3.44% YoY to reach $65.98B by June 2025, additionally deposits in LBP (1.18% of resident customers’ deposits) increased by 23.36% YoY to stand at $788.74M by June 2025. This reveals that a slightly higher proportion of deposits are now held in LBP, as the dollarization ratio for private sector deposits decreased from 99.23% in June 2024 to 99.02% in June 2025.
As for non-resident customers’ deposits, grasping 20.63% of total liabilities, they recorded a rise of 1.63% and stood at $21.35B in June 2025. In details, the deposits in LBP rose by 40.89% to reach $45.07M and deposits in foreign currencies increased by 1.57% to reach $21.31B over the same period. In addition, non-resident financial sector liabilities representing 2.39% of total liabilities and decreased by 6.70% YoY to reach $2.5B in June 2025.
Lastly, the capital accounts stood at $5.23B, higher by 74.69% than June 2024, noting that only about 10% of those are in LBP.
Commercial Banks Total Assets and Resident Customer Deposits in June 2025 ($B)
Source: BDL, BLOMINVEST
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