Association of Banks in Lebanon announces closure of all banks' branches across the country for three days after series of depositors' hold-ups demanding withdrawal of their savings
Lebanon has witnessed repeated incidents in the bank following their refusal to give clients their money in US dollars.
According to official statements, six incidents of hold-ups by depositors took place on Friday in different banks in Beirut. Friday’s raids were the most in a single day, and raised the possibility that more desperate depositors would try to extract their money by force. On the other hand, a groundswell of bank break-ins could further destabilise Lebanon and its crumbling institutions, as the economic crisis drags on, with no end in sight.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden to personally meet with Griner and Whelan families FridayPresident Joe Biden on Friday will personally meet with the families of Brittney Griner and Paul Whelan at the White House, his press secretary said.
Read more »
Blues and rock guitarist Albert Cummings to perform in McKinney on FridayThe Guitar Sanctuary presents “An Evening with Albert Cummings” at The Sanctuary Music & Events Center in McKinney.
Read more »
Friendswood ready to defend home turf under Friday night lightsAfter playing three straight road games, the Mustangs face Manvel in a District 10-5A...
Read more »
Ryan Murphy, Evan Peters 'Jeffrey Dahmer' Series Trailer Drops FridayThe first trailer for RyanMurphy & IanBrennan's EvanPeters & NiecyNashBetts-starring Netflix series DAHMER - Monster: The JeffreyDahmer Story drops on Friday.
Read more »
South African president to meet with Biden on FridaySouth African President Cyril Ramaphosa is headed to the United States, where aides say he's expected to press for more negotiations between Russia and Ukraine during talks with U.S. President Joe Biden on Friday.
Read more »