According to Banque Du Liban (BDL) statistics, the consolidated balance sheet of financial institutions operating in Lebanon narrowed by 1.60% ($18.30 million) during the year 2022 to $1,123.86 million, down from $1,142.16 million at year-end 2021. This can be mainly attributed to the 35.64% ($57.68 million) decrease in the value of fixed assets to $104.17 million, coupled with the 47.62% ($32.72 million) contraction in the value of the securities portfolio to $35.99 million, the 7.90% ($23.83 million) drop in claims on the resident financial sector to $277.84 million and some 13.27% ($1.73 million) decrease in the value of other assets to $11.31 million, altogether outweighing the 13.23% ($63.90 million) rise in claims on customers to $546.93 million, the 30.83% ($22.55 million) increase in cash and deposits with Central Banks to $95.70 million, and the 33.69% ($10.85 million) rise in claims on the non-resident financial sector to $43.06 million. 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 48.67% and 24.72% of total assets on a respective basis. On the liabilities side, debt securities issued fell by 99.25% ($82.28 million) in 2022 to $0.62 million, with liabilities to the resident financial sector concurrently dropping by 10.30% ($12.09 million) to $105.30 million and customer deposits decreasing by 4.58% ($9.48 million) to $197.27 million, among others, totally eroding the 12.31% ($55.08 million) increase in capital accounts to $502.52 million and the 18.81% ($41.08 million) rise in other liabilities to $259.46 million.