Lebanon's battered commercial banks continued to close their doors to customers since Tuesday in protest of a recent court ruling that forced one of the country's largest banks to pay out two of its depositors their trapped savings in cash. The Association of Banks in Lebanon, which lobbies for the banks, released a statement calling the action an "open-ended strike" and criticised the court ruling, claiming it was detrimental to all depositors, because the banks cannot afford to pay out everyone else’s savings in full. #BREAKING The Association of Banks in Lebanon @ABLLebanon announced the closure of banking establishments starting tomorrow until further notice Fran
Hence then, the article about lebanese banks close doors to customers to protest ruling was published today ( ) and is available onThe New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Lebanese banks close doors to customers to protest ruling )