According to Banque Du Liban (BDL) statistics, the consolidated balance sheet of financial institutions operating in Lebanon show a massive increase in figures in January 2024 when reported in LBP equivalent amid the adoption of the new official exchange rate of LBP 89,500 per USD. In figures, total assets reached around LBP 38,730 billion during the first month of 2024, compared to LBP 8,192 billion at year-end 2023 at a time when the exchange rate was LBP 15,000 per USD. In details, claims on customers attained LBP 22,482.87 billion in January 2024, with claims on the resident financial sector reaching LBP 10,402.84 billion, cash & deposits with central banks leveling at LBP 2,138.80 billion and claims on the non-resident financial sector standing at LBP 1,375.31 billion, among others. 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 58.05% and 26.86% of total assets on a respective basis. On the liabilities side, customer deposits reached LBP 9,695.27 billion in January 2024, with other liabilities attaining LBP 9,511.21 billion, liabilities to the resident financial sector standing at LBP 8,782.14 billion and capital accounts surpassing LBP 7,613 billion, only to name a few.