According to Banque Du Liban (BDL) statistics, the consolidated balance sheet of financial institutions operating in Lebanon narrowed by 2.46% ($28.11 million) during the first ten months of 2022 to $1,114.05 million, down from $1,142.16 million at year-end 2021. This can be mainly attributed to the 33.62% ($54.42 million) decrease in the value of fixed assets to $107.43 million, coupled with the 10.43% ($31.48 million) contraction in claims on the resident financial sector to $270.19 million, the 7.11% ($4.88 million) drop in the value of the securites portfolio to $63.83 million and some 7.97% ($1.04 million) decrease in the value of other assets to $12.00 million, altogether outweighing the 9.51% ($45.91 million) rise in claims on customers to $528.94 million, and the 14.94% ($10.93 million) increase in cash and deposits with Central Banks to $84.07 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 47.48% and 24.25% of total assets on a respective basis. On the liabilities side, customer deposits fell by 19.82% ($40.98 million) to $165.76 million, with capital accounts concurrently dropping by 5.51% ($24.64 million) to $422.80 million and debt securities issued decreasing by 8.78% ($7.28 million) to $75.62 million, among others, totally eroding the 16.11% ($35.18 million) increase in other liabilities to $253.56 million and the 14.86% ($17.44 million) rise in liabilities to the resident financial sector to $134.83 million.