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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Lebanese Banks Plan Strike in Response to Judicial Orders

A man walks past fortified branch of Fransabank in Beirut on Wednesday. (Reuters)

Lebanese banks plan a two-day strike next week in protest at judicial actions that targeted seven major lenders, a standoff that risks more instability for a country mired in crisis since 2019.

The banking association said the strike was a warning against what it called "the arbitrariness of some judicial decisions" - a reference to orders that have frozen the assets of seven banks since March 14 and banned six of their executives from travel.

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