Depositors storm 4 Lebanese banks due to withdrawal restrictions
Angry depositors, at least two of them armed, stormed four commercial banks in Lebanon on Tuesday due to withdrawal restrictions imposed on most customers.
Bank break-ins have increased across Lebanon as depositors become increasingly angry at the informal restrictions that banks have imposed since the economic downturn began in 2019.
The "Depositors' Cry" association said that a man carrying a pistol and a grenade entered this morning, Tuesday, the branch of the Lebanese Bank for Trade (PLC) in Chtaura, demanding the withdrawal of his savings, which amounted to 24 thousand dollars.
Today, Tuesday, a group of workers at a government power station in northern Lebanon stormed the branch of the First National Bank in the coastal city of Tripoli, according to eyewitnesses.
In a third incident, the "Depositors' Association", another association that advocates for depositors, said that an armed depositor had taken hostages in the Byblos Bank in the city of Tire in southern Lebanon and demanded the restoration of his savings, amounting to 44,000 dollars.
A fourth depositor in the Intercontinental Bank of Lebanon protested in the Hazmieh suburb of Beirut, saying that he would not leave until he obtained the right to recover his savings without restrictions.
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