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Evening Standard
Evening Standard
World
Miriam Burrell

Lebanon to shut banks after string of raids by people taking out life savings

A Blom Bank branch is closed after it was held up by a depositor seeking access to his own savings

(Picture: REUTERS)

Lebanese banks are closing for three days after a string of raids by people demanding their trapped life savings left authorities scrambling.

The most raids in a single day were carried out on Friday, raising fears that more desperate people would try to take their money by force amid an economic meltdown.

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