On Wednesday, two depositors stormed two banks in Northern Lebanon, the Depositors’ Outcry Affiliation reported.
The depositor Dr. Anis Tannous staged a sit-in exterior Société Générale de Banque au Liban (SGBL) in Amioun, and prevented anybody from coming into the financial institution’s premises, demanding the switch of college tuition charges for his son in the USA.
Within the northern metropolis of Tripoli, the depositor Amina Mohammed raided the Intercontinental Financial institution of Lebanon (IBL Financial institution), demanding her cash to hold out surgical procedure for her disabled mom.
Legal professionals from the Depositors’ Outcry Affiliation went to Tripoli to help Amina after contacting her husband.
The financial institution then launched an quantity of $7,000 to Amina out of the $30,000 she was demanding from her full deposit of $90,000.
With Lebanon crippled by a deep financial disaster and banks holding on to individuals’s deposits for the previous two years, many are discovering themselves compelled to take issues into their very own palms for his or her much-needed cash.
Simply final Monday, a mom and son raided the Al Baraka Financial institution in Beirut. Listed here are the main points.