Published 3 years ago

Amid crisis, Hezbollah 'bank' a lifeline for some Lebanese

Summary by 680 News

When Lebanon’s financial meltdown began in late 2019, Hassan Shoumar was locked out of his dollar savings like everyone else in the country as banks clamped down with capital controls.But the young engineer had an alternative. He could still pull out the dollars in his account at the al-Qard al-Hasan Association, the financial arm of the militant Hezbollah group.Shoumar had kept an account at the association for years

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The Independent

Amid crisis, Hezbollah 'bank' a lifeline for some Lebanese

As more Lebanese fall into poverty in the country's economic crisis, increasing numbers are turning to the financial arm of the militant Hezbollah group for help

3 years ago·London, United Kingdom

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Associated Press News

Amid crisis, Hezbollah 'bank' a lifeline for some Lebanese

BEIRUT (AP) — When Lebanon’s financial meltdown began in late 2019, Hassan Shoumar was locked out of his dollar savings like everyone else in the country as banks clamped down with capital...

3 years ago·United States

Read Full Article

abc News

Amid crisis, Hezbollah 'bank' a lifeline for some Lebanese

As more Lebanese fall into poverty in the country's economic crisis, increasing numbers are turning to the financial arm of the militant Hezbollah group for help

3 years ago·United States

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Washington Times

Amid crisis, Hezbollah ‘bank’ a lifeline for some Lebanese

BEIRUT (AP) - When Lebanon’s financial meltdown began in late 2019, Hassan Shoumar was locked out of his dollar savings like everyone else in the country as banks clamped down with capital controls. But the young engineer had an alternative. He could still pull out the dollars in his ...

3 years ago·United States

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The Washington Post

Amid crisis, Hezbollah ‘bank’ a lifeline for some Lebanese

As more Lebanese fall into poverty in the country’s economic crisis, increasing numbers are turning to the financial arm of the militant Hezbollah group for help

3 years ago

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MY Northwest

Amid crisis, Hezbollah 'bank' a lifeline for some Lebanese

BEIRUT (AP) — When Lebanon’s financial meltdown began in late 2019, Hassan Shoumar was locked out of his dollar savings like everyone else in the country as banks clamped down with capital controls. But the young engineer had an alternative. He could still pull out the dollars in his account at the al-Qard al-Hasan Association, the financial arm of the militant Hezbollah group. Shoumar had kept an account at the association for years, ever since…

3 years ago·Tacoma, United States

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