Get all your news in one place.
100's of premium titles.
One app.
Start reading
Al Jazeera
Al Jazeera
Business

Lebanese banks to close next week after more branches are stormed

Lebanese forces have been called in to deal with armed people storming banks to claim their own money, but few have been arrested [Mohamed Azakir/Reuters]

Lebanese banks have said they will soon announce a three-day closure next week over mounting security concerns following a series of incidents involving people seeking access to their savings by entering banks armed with guns.

On Friday, eight banks were held up by depositors who demanded their own money, Al Jazeera’s Zeina Khodr reported, adding to a spate of holdups this week spurred by frustration over a spiralling financial implosion with no end in sight.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.