According to Banque Du Liban (BDL) statistics, the combined balance sheet of investment banks operating in Lebanon widened by 12.39% (LBP 10,083.44 billion) during the first eleven months of 2025 to LBP 91,451 billion, up from LBP 81,368 billion at end of 2024. In details, cash and deposits with Central Bank soared by 19.57% (LBP 6,156.39 billion) to LBP 37,615 billion and was accompanied by some 77.43% (LBP 5,562.21 billion) increase in the value of fixed assets to LBP 12,746 billion and some 36.64% (LBP 2,438.13 billion) rise in claims on the non-resident financial sector to LBP 9,092 billion among others, which together outweighed the 21.36% (LBP 2,759.10 billion) drop in the value of the securities portfolio to LBP 10,157 billion and the 10.31% (LBP 1,668.13 billion) decrease in claims on the private sector to LBP 14,510 billion. On the liabilities side, investment banks’ capital accounts soared by 58.55% (LBP 8,778.05 billion) in the first eleven months of 2025 to LBP 23,770 billion, and were accompanied by some 22.74% (2,535.48 billion) increase in other liabilities to LBP 13,683 billion and some 26.22% (LBP 2,141.44 billion) rise in liabilities to the non-resident financial sector to LBP 10,308 billion, which eroded the 6.59% (LBP 3,052.79 billion) decrease in private sector deposits (resident and non-resident deposits in addition to resident financial sector deposits) to LBP 43,246 billion and the 41.80% (LBP 318.75 billion) drop in liabilities to the public sector to LBP 444 billion.

Abiding by legislative decree number 50 and subsequent BDL circulars, investment banks operating in Lebanon have managed over the last couple of years to increase their lending activity to the private sector while reducing their exposure to the public sector. As a result, the surplus, representing the difference between loans to the private sector and claims on the public sector, reached LBP 14,505 billion in November 2025 compared to LBP 16,177 billion in December 2024.