According to BDL statistics, the combined balance sheet of commercial banks operating in Lebanon narrowed by 0.39% (LBP 35.79 trillion) during the first two months of the year 2026 to LBP 9,120.32 trillion, down from LBP 9,156.11 trillion in December 2025. On an annual basis, the combined assets of the resident banking sector came in 0.95% lower than the LBP 9,207.33 trillion reading reported at end of February 2025.

On the funding side of the balance sheet, customer deposits dropped by 0.54% (LBP 42.38 trillion) by end of February 2026 to LBP 7,829.30 trillion with resident private sector deposits decreasing by 0.69% (LBP 40.64 trillion) to LBP 5,846.63 trillion, non-resident private sector deposits dropping by 0.28% (LBP 5.44 trillion) to LBP 1,910.79 trillion, and public sector deposits improving by 5.42% (LBP 3.69 trillion) to LBP 71.88 trillion. From a currency denomination standpoint, deposits in Lebanese Pounds inched downwards by 0.03% (LBP 0.04 trillion) YTD February to LBP 111.27 trillion and foreign currency deposits dropped by 0.55% ($0.47 billion) to $86.23 billion. On a monthly basis, LBP deposits decreased by LBP 1.49 trillion in February and FC deposits fell by $214.12 million. In this context, the deposit dollarization rate reached 98.58% at end of February 2026 in comparison with 98.59% at end of year 2025 and 98.89% at end of February 2025. On an annual basis, total customer deposits narrowed by 2.15% (LBP 172.18 trillion) from a reading of LBP 8,001.48 trillion at end of February 2025.

On the lending front, loans to the private sector (residents and non-residents) rose by 0.76% (LBP 3.55 trillion) during the first two months of 2026 to LBP 468.91 trillion, up from LBP 465.36 trillion in December 2025. More specifically, LBP denominated loans increased by 4.60% (LBP 0.48 trillion) to LBP 10.90 trillion while foreign currency loans rose by 0.67% ($34.27 million) to $5.12 billion. On a monthly basis, LBP denominated loans receded by LBP 0.06 trillion whereas FC denominated ones increased by $29.51 million. The ratio of loans to deposits attained 5.99% at end of February 2026 compared to 5.91% at end of year 2025 and 6.40% at end of February 2025. More specifically, the ratio of LBP-denominated private sector loans to total LBP deposits stood at 9.80% in February compared to 9.36% in December 2025 and 13.02% in the second month of 2025 while the ratio of foreign currency-denominated private sector loans to total foreign currency deposits reached 5.93% at end of February 2026 in comparison with 5.86% at end of December 2025 and 6.32% in February 2025. On an annual basis, the loans portfolio sank by 8.39% (LBP 42.95 trillion) from a reading of LBP 511.86 trillion at end of February 2025.

On the equity front, the combined capital accounts of commercial banks operating in Lebanon increased by 1.80% (the equivalent of $88.73 million or the counter value of LBP 7.94 trillion) YTD February 2026 to LBP 448.48 trillion ($5.01 billion) from LBP 440.54 trillion ($4.92 billion) at end of year 2025. On a monthly basis, the combined capital accounts rose by LBP 23.26 trillion ($259.87 million) in February after having dropped by LBP 15.32 trillion ($171.14 million) in January and increased by LBP 17.49 trillion ($195.44 million) in December. The monthly improvement in the capital accounts of the resident banking sector in February 2026 owes to some LBP 23.89 trillion increase in core capital which totally wiped out the LBP 0.64 trillion decrease in supplementary capital. On an annual basis moreover, the combined equity of the resident banking sector rallied by 8.15% (LBP 33.81 trillion, around $377.72 million) when benchmarked to the LBP 414.67 trillion ($4.63 billion) reading reported at end of February 2025.