This study aimed to evaluate digital intellectual capital represented by digital capabilities and their alignment with the requirements of digital transformation at the National Commercial Bank in Libya. The study adopted a qualitative approach using the case study method, where semi-structured interviews were conducted with a number of managers and employees at the National Commercial Bank. Data were analyzed using the Gioia methodology for content analysis. The study was theoretically grounded in the MIND framework for evaluating digital capabilities and the Digital Dynamic Capabilities Theory to assess the bank’s digital adaptability and transformation capabilities. The findings revealed that the National Commercial Bank possesses some fundamental digital capabilities; however, these capabilities still face several challenges, most notably weak organizational digital culture, limited advanced digital skills, heavy reliance on external companies, inadequacies in the organizational structure, weak digital knowledge transfer, and limited flexibility and digital dynamic capabilities. The results also indicated that digital transformation within the bank is still largely dependent on the directives of the Central Bank of Libya rather than on an independent strategic digital vision. The study concluded that the current digital capabilities of the National Commercial Bank do not fully meet the requirements of sustainable digital transformation. Accordingly, the study recommended the need to develop digital culture and mindset, build internal digital knowledge capabilities, enhance organizational flexibility, improve digital skills, and reduce dependence on external vendors, in order to establish digital intellectual capital capable of supporting sustainable digital transformation in the Libyan banking sector............. Keywords:...........Digital Intellectual Capital, Digital Capabilities, Dynamic Capabilities, Digital Transformation.