Lebanon’s banks to continue with closures over ‘arbitrary’ judicial decisions – The National

Lebanon’s banks to continue with closures over ‘arbitrary’ judicial decisions – The National

Banks in Lebanon will continue with their open-ended strike, as banking chiefs hit out at “arbitrary” and haphazard judicial decisions against the sector.

Initially, the Association of Banks in Lebanon had issued a short statement refuting reports that operations would soon resume, saying that the strike would continue “until further notice”.

Later, the organisation released a longer statement that hit out at a string of recent judicial orders against banks.