Published 2 years ago

Lebanon's banks to reopen on Monday

Summary by Ground News

Lebanon's banks will reopen on Monday after a wave of holdups. The holdups reflect savers' desperation three years after Lebanon's financial system collapsed. The government has agreed neither a financial recovery plan nor enacted reforms deemed vital to get Lebanon out of the crisis.

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Reuters

Lebanon's banks to reopen on Monday

Lebanon's banks will reopen on Monday, the banking association said, after five days of closure following a wave of holdups in the country by depositors seeking access to their frozen savings.

2 years ago·United Kingdom

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Associated Press News

Lebanon retirees scuffle with police; banks partially reopen

BEIRUT (AP) — Lebanese army retirees scuffled with parliamentary guard troops as they briefly broke through a cordon leading to Parliament in downtown Beirut during a rally Monday over their decimated monthly pay amid the country's economic meltdown.

2 years ago·United States

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Winnipeg Free Press

Lebanese banks reopen partially after weeklong closure

BEIRUT (AP) — Banks in crisis-hit Lebanon partially reopened Monday following a weeklong closure amid a wave of heists in which assailants stormed at least seven bank branches earlier this […]

2 years ago·Winnipeg, Canada

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Financial Post

Lebanese banks reopen partially after weeklong closure

BEIRUT (AP) -- Banks in crisis-hit Lebanon partially reopened Monday following a weeklong closure amid a wave of heists in which assailants stormed at least seven bank branches earlier this month, demanding to withdraw their trapped savings. Read More

2 years ago·Canada

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Arab News

Lebanon’s banks to reopen on Monday

Sun, 2022-09-25 11:28 BEIRUT: Lebanon’s banks will reopen on Monday, with each taking their own measures, the country’s banking association said in a statement on Sunday. The country’s banks have shut for about five days following a spree of bank hold-ups by depositors seeking access to their savings.Main category: Middle-East

2 years ago·Riyadh, Saudi Arabia

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VOA News

Lebanon's Banks to Reopen on Monday

Lebanon's banks will reopen on Monday, the banking association said, after five days of closure following a wave of holdups in the country by depositors seeking access to their frozen savings. The association said in a statement on Sunday that the decision to reopen "was taken after consideration of the current difficult security conditions and the need to maintain the safety of customers and employees alike, in the absence of adequate protectio…

2 years ago·United States

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