According to Banque Du Liban (BDL) statistics, the consolidated balance sheet of financial institutions operating in Lebanon narrowed by 2.68% ($30.62 million) during the first eleven months of 2022 to $1,111.54 million, down from $1,142.16 million at year-end 2021. This can be mainly attributed to the 34.64% ($56.06 million) decrease in the value of fixed assets to $105.79 million, coupled with the 15.28% ($46.09 million) contraction in claims on the resident financial sector to $255.58 million, the 7.79% ($5.35 million) drop in the value of the securites portfolio to $63.36 million and some 22.84% ($2.98 million) decrease in the value of other assets to $10.06 million, altogether outweighing the 12.09% ($58.42 million) rise in claims on customers to $541.44 million and the 19.01% ($13.90 million) increase in cash and deposits with Central Banks to $87.05 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 48.71% and 22.99% of total assets on a respective basis. On the liabilities side, customer deposits fell by 19.82% ($40.97 million) YTD November 2022 to $165.78 million, with capital accounts concurrently dropping by 4.93% ($22.06 million) to $425.38 million and debt securities issued decreasing by 8.78% ($7.28 million) to $75.62 million, among others, totally eroding the 12.70% ($27.74 million) increase in other liabilities to $246.12 million and the 16.55% ($19.42 million) rise in liabilities to the resident financial sector to $136.81 million.