Lebanon banks will remain shut indefinitely after ‘heists’

Depositors broke into at least eight banks in different parts of crisis-hit Lebanon, demanding access to their trapped savings [File: Bilal Hussein/AP]

Banks in Lebanon will remain shut indefinitely after the country’s banking association said a spate of bank heists had made opening branches too dangerous.

The banking association’s statement was issued on Wednesday evening, before banks were scheduled to reopen on Thursday after a three-day shutdown.