According to Banque Du Liban (BDL) statistics, the consolidated balance sheet of financial institutions operating in Lebanon narrowed by 4.61% ($52.65 million) during the first five months of 2022 to $1,089.51 million, down from $1,142.16 million at year-end 2021. This can be mainly attributed to the 28.80% ($46.61 million) decrease in the value of fixed assets to $115.24 million, coupled with the 4.99% ($15.04 million) contraction in claims on the resident financial sector to $286.63 million and the 12.86% ($8.84 million) drop in the value of the securities portfolio to $59.87 million, which altogether outweighed the 11.09% ($8.11 million) increase in cash and deposits with Central Banks to $81.26 million, the 39.35% ($5.13 million) appreciation in other assets to $18.17 million, and the 0.60% ($2.91 million) rise in claims on customers to $485.94 million, only to name a few. It is worth noting that claims on customers and on the resident financial sector are the two largest asset categories on financial institutions’ balance sheet, accounting for 44.60% and 26.31% of total assets on a respective basis. On the liabilities side, financial institutions’ customer deposits fell by 24.39% ($50.43 million) in the first five months of 2022 to $156.32 million, with capital accounts concurrently dropping by 5.80% ($25.95 million) to $421.49 million and liabilities to the resident financial sector decreasing by 18.45% ($21.66 million) to $95.73 million, altogether outweighing the 23.77% ($51.91 million) appreciation in other liabilities to $270.29 million and the 0.19% ($0.16 million) increase in debt securities issued to $83.06 million.