Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens

Lebanese residents have been coping with financial hardship, because the nation’s central financial institution imposed buyer withdrawal limits final October. The issues have continued over the past two months, as ATMs have stopped shelling out money and financial institution branches shut doorways in worry of indignant shoppers. Regional experiences disclose Lebanese financial institution clients usually look forward to hours in lengthy traces at native branches solely to be informed the financial institution’s money reserves have run dry.

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Lebanon’s Affiliation of Banks Shuts Banks Down Once more as Protests Proceed

Throughout the previous few months, banking clients in Lebanon have been coping with withdrawal limits and money shortages all through the nation. reported on the beginning of the friction between the nation’s residents and Lebanon’s central…

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