According to Banque Du Liban (BDL) statistics, the consolidated balance sheet of financial institutions operating in Lebanon show a massive increase in figures since January 2024 when reported in LBP equivalent amid the adoption of the new official exchange rate of LBP 89,500 per USD starting beginning of year 2024. In figures, total assets reached around LBP 43,760.34 billion as at end of December 2024, compared to LBP 8,191.92 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 25,987.26 billion in December 2024, with claims on the resident financial sector reaching LBP 11,449.93 billion, cash & deposits with central banks leveling at LBP 2,449.19 billion and claims on the non-resident financial sector standing at LBP 1,838.15 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 59.39% and 26.17% of total assets on a respective basis. On the liabilities side, customer deposits reached LBP 13,301.08 billion at end of 2024, with liabilities to the resident financial sector standing at LBP 9,195.75 billion, other liabilities ending the year at LBP 8,426.14 billion and capital accounts attaining LBP 8,206.60 billion, only to name a few.