Lebanon’s banks close indefinitely after court ruling criticised – The National
- Date: 08-Feb-2023
- Source: The National
- Sector:Financial Services
- Country:Lebanon
Lebanon’s banks close indefinitely after court ruling criticised – The National
Lebanese banks have begun an open-ended strike, although ATMs will remain open, a development that comes after a meeting of the Association of Banks in Lebanon (ABL).
Recent judicial developments were discussed at the general meeting.
A court last week ruled in favour of a couple who had been involved in a dispute with Lebanon's Fransabank over their blocked deposits.
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