According to Banque Du Liban (BDL) statistics, the consolidated balance sheet of financial institutions operating in Lebanon narrowed by 5.06% ($57.84 million) during the first nine months of 2022 to $1,084.32 million, down from $1,142.16 million at year-end 2021. This can be mainly attributed to the 32.69% ($52.90 million) decrease in the value of fixed assets to $108.94 million, coupled with the 11.01% ($33.22 million) contraction in claims on the resident financial sector to $268.45 million and the 11.07% ($7.61 million) drop in the value of securites portfolio to $61.11 million and some 13.96% ($1.82 million) decrease in the value of other assets to $11.22 million, altogether outweighing the 7.21% ($34.83 million) rise in claims on customers to $517.85 million and the 4.79% ($3.50 million) increase in cash and deposits with Central Banks to $76.65 million, only to name a few. It is worth noting that claims on customers and claims on the resident financial sector are the two largest asset categories on financial institutions’ balance sheet, accounting for 47.76% and 24.76% of total assets on a respective basis. On the liabilities side, customer deposits fell by 28.97% ($59.90 million) to $146.84 million, with capital accounts concurrently dropping by 6.29% ($28.16 million) to $419.28 million and debt securities issued decreasing by 8.76% ($7.26 million) to $75.64 million, among others, totally eroding the 17.60% ($38.44 million) increase in other liabilities to $256.81 million and the 6.39% ($7.51 million) rise in liabilities to the resident financial sector to $124.89 million.