Lebanon’s banks begin their strike with a complete closure…

After a series of raids on banks in Beirut and the regions, Lebanon today entered into a general strike of banks that will continue for three consecutive days, in protest once morest what happened and in order to take the necessary regulatory measures, according to what the Association of Banks announced in a statement on Friday.

The movement in front of the banks seemed completely paralyzed, in contrast to the scenes of mobile problems that occurred last week for depositors demanding their deposits.

Bank branches in Sidon also adhered to the decision to strike, in protest of the depositors’ raids earlier.

Lebanon witnessed 6 consecutive incursions into banks in Ghazieh, Tariq Al Jadeeda, Al Hamra and Ramlet Al Bayda, Al Kafaat and Al Shiah, as one of the depositors at that time was able to withdraw his deposit, while others were held hostage inside the bank.

The head of the “Depositors Association” Hassan Mughniyeh warned once morest the strike that would be carried out by the banks, and said, “Thursday may witness dozens of incursions, and therefore this is not the solution, and things will deteriorate in the coming days and people will resort to weapons and blood.”

In a press interview, Mughniyeh called for “the urgent establishment of a crisis cell composed of representatives from the Banque du Liban, the Association of Banks and depositors to search for solutions.”

Lebanon

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