Lebanon banks put off strike for another week ...Kuwait

News by : (The New Arab) -
Lebanon's banks said on Friday they would stay open for another week, putting off the resumption of the strike that they launched last month to protest against lawsuits and legal investigations. The Association of the Banks of Lebanon (ABL) said members would keep working until the evening of 10 March and then re-assess their position depending on how their demands were met. The banks first closed their doors on 7 February to protest against snowballing legal action they have been facing since Lebanon's economy began to unravel more than three years ago. Banks that imposed severe restrictions on withdrawals and transfers in response to the meltdown have faced a stri

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