News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
23
o
Bekaa
19
o
Keserwan
26
o
Metn
26
o
Mount Lebanon
24
o
North
24
o
South
23
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Late Night News
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
23
o
Bekaa
19
o
Keserwan
26
o
Metn
26
o
Mount Lebanon
24
o
North
24
o
South
23
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Lebanon's banking crisis intensifies as Association of Banks voices alarm over persistent attacks
Lebanon News
18-07-2023 | 10:20
High views
Share
Share
2
min
Lebanon's banking crisis intensifies as Association of Banks voices alarm over persistent attacks
The Association of Banks in Lebanon (ABL) issued a statement expressing concern over recent attacks targeting bank branches and employees, describing it as the most dangerous phase in Lebanon's history.
It stated that on Monday, rumors circulated about banks planning to close their branches, prompting the banks to deny the claims to safeguard the interests of depositors and ensure the continuity of services.
However, the attacks have persisted, appearing to be coordinated efforts to force banks into closure. Additionally, the association criticized the leniency of the state and its institutions in dealing with the assailants despite the threats posed to the lives of bank employees.
It suggested that such leniency encourages the attackers to continue their actions as if the objective is to force the banks into an indefinite closure.
ABL stated, "This is not how systemic crises, which the state bears responsibility, should be addressed. Nor is this how depositors can recover funds lost due to years of misguided policies."
The banks warned that, given the ongoing attacks, particularly those targeting employees and customers inside branches, they cannot continue their operations as if nothing is happening. Consequently, they may be compelled to reinstate previous regulatory measures if the assaults persist to avoid any adverse consequences.
The association emphasized that adopting rationality and enacting necessary laws to protect the rights of depositors is the only path toward an effective solution.
Lebanon News
Lebanon
Association of Banks
Attacks
Bank
Crisis
Depositors
Next
Israeli army claims striking Hezbollah arms depot in South Lebanon (Video)
Recommended For You
d-none hideMe
0
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
0
News Bulletin Reports
13:08
Path to Lebanon’s banking reform law remains slow and challenging — The details
News Bulletin Reports
13:08
Path to Lebanon’s banking reform law remains slow and challenging — The details
0
Lebanon News
12:13
Saudi Arabia releases Lebanese detainee Mahdi Qanso amid ongoing talks
Lebanon News
12:13
Saudi Arabia releases Lebanese detainee Mahdi Qanso amid ongoing talks
0
Sports News
10:19
First Saudi sports team in years visits Lebanon, welcomed by PM Salam
Sports News
10:19
First Saudi sports team in years visits Lebanon, welcomed by PM Salam
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2025-04-09
PM Salam from Bkerki: Beirut elections must reflect Lebanon’s pluralism, judiciary must be free of interference
Lebanon News
2025-04-09
PM Salam from Bkerki: Beirut elections must reflect Lebanon’s pluralism, judiciary must be free of interference
0
Lebanon News
2025-02-07
Israel says it struck alleged Hezbollah sites in Lebanon, citing 'ceasefire violation'
Lebanon News
2025-02-07
Israel says it struck alleged Hezbollah sites in Lebanon, citing 'ceasefire violation'
0
World News
02:54
Pakistan police say four civilians killed by Indian shelling
World News
02:54
Pakistan police say four civilians killed by Indian shelling
0
Lebanon News
2025-05-08
Saudi Ambassador, Lebanese Security Chief discuss regional developments and cooperation
Lebanon News
2025-05-08
Saudi Ambassador, Lebanese Security Chief discuss regional developments and cooperation
Videos
d-none hideMe
0
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
0
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
0
Lebanon News
2025-04-08
Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust
Lebanon News
2025-04-08
Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust
0
Lebanon News
2025-04-06
LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript
Lebanon News
2025-04-06
LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript
0
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
0
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
0
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
0
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
0
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
03:51
Israeli drone drops sound bomb on stone factory in Kfarkela — NNA
Lebanon News
03:51
Israeli drone drops sound bomb on stone factory in Kfarkela — NNA
2
Lebanon Economy
02:18
Fuel prices in Lebanon updated
Lebanon Economy
02:18
Fuel prices in Lebanon updated
3
Lebanon News
06:52
Diaspora groups push for electoral law amendment to confirm expat voting rights for all 128 parliamentary seats — press release
Lebanon News
06:52
Diaspora groups push for electoral law amendment to confirm expat voting rights for all 128 parliamentary seats — press release
4
Lebanon News
05:04
Lebanon ready for Emirati return amid tightened airport security, interior minister says
Lebanon News
05:04
Lebanon ready for Emirati return amid tightened airport security, interior minister says
5
Lebanon News
05:40
Lebanon's FM discusses southern tensions with UNIFIL chief, backs mission's mandate
Lebanon News
05:40
Lebanon's FM discusses southern tensions with UNIFIL chief, backs mission's mandate
6
News Bulletin Reports
13:00
Trump 'blindsides' Netanyahu with Saudi nuclear green light: Is Israel losing its influence over US Mideast policy?
News Bulletin Reports
13:00
Trump 'blindsides' Netanyahu with Saudi nuclear green light: Is Israel losing its influence over US Mideast policy?
7
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
8
World News
06:04
Pope Leo XIV says Church must illuminate 'dark nights of this world'
World News
06:04
Pope Leo XIV says Church must illuminate 'dark nights of this world'
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More