A statement by “Fransabank” after the end of the bank strike… What did it say?

Fransabank issued a statement saying:

Fransabank s.a.l. In line with the public interest and respecting the laws, rulings and judicial decisions, and in the face of the many rumors regarding a file that to date is still under consideration by the competent judicial references, and in order to put an end to those rumors that are part of an attempt to mislead public opinion and with the aim of achieving a goal in the same Jacob, he confirms and states the following:

On 3/15/2022, it informs the bank of a decision to place an executive seizure on the bank’s assets, including safes and their assets, and the funds in their funds, in all of its branches, in order to collect the debt of the execution applicant, which, to date, is still under appeal.

The seizure, subject of the decision, was carried out on two of the bank’s branches, namely the Hamra branch and the Sasin branch, where the main funds of the two branches were sealed and they feed the ATM funds and the external funds of the two branches.

However, the bank duly exercised its legitimate rights, and it submitted an appeal before the Court of Appeal, which issued its decision on 3/22/2022, whereby it ruled that the appealed decision be rescinded and the decision to stay the execution of the executive transaction in light of the absence of an official document showing the presentation of the doubt subject of the executive transaction to the drawee. (Banque du Liban) What entails forfeiting the right to sue Fransabank by the execution requester Ayad Ibrahim.

On 3/22/2022, the Head of the Execution Department, Judge Mariana Anani, was informed of the decision of the Court of Appeal, asking her to decide on the issue of unsealing the branches whose funds had been seized “to meet the humanitarian situation and in the interest of all depositors,” as stated verbatim on the record of the executive transaction, except that The Head of the Execution Department, Judge Mariana Anani, issued a decision rejecting the bank’s request to break the seals, despite the explicitness of the results of the appeals court’s decision.

ل ،ذلــــك ،

In the face of this legal situation, and in light of the fact that the decision of the Court of Appeal is duly informed, and because the bank always seeks to stand by its clients in order to achieve the public interest, it will meet the needs of its clients in terms of withdrawals through its ATMs in all branches that will be fed from all other funds of other branches that have not been sealed with red wax, and that To the extent necessary, pending a decision on the appeal that the bank will file regarding the decision of Judge Mariana Anani to reject the request for unsealing the seals.

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