Libya

Libya's banking system comprises 25 commercial banks, 24 of which report to the Central Bank of Libya's (CBL) statistics, operating 715 branches and agencies. At end-2025, total assets excluding contra accounts were LYD245.7bn, up 30.9% on the year. The sector is highly concentrated. The five largest banks, Jumhouria, National Commercial Bank, Wahda, Sahara and the Bank of Commerce and Development, held 66.5% of assets, and Jumhouria alone held 24.0%. This is down from a 79.7% share for the top five in 2021. The five largest lenders also account for about 90% of sector credit.