The tightening of security does not protect Lebanon’s banks from their depositors

Tel Aviv confirms its acceptance of the border demarcation agreement

Bank branches in Lebanon witnessed raids by depositors who demanded their money, despite the strict measures taken by banks that closed their doors last month for days in response to similar raids.

The new incursions took place in branches of banks in the regions of Tire (southern Lebanon), Chtaura in the east, Tripoli in the north, as well as Hazmieh in Mount Lebanon.

The National News Agency said that one of the depositors stormed a branch of “Byblos Bank” in the Tire district, wielding a military pistol and detained the employees, demanding his deposit of $44,000. In Chtaura, another depositor demanded his money of $24,500.

In Tripoli, employees of the Qadisha Electricity Company stormed the First National Bank in protest against the bank’s decision to deduct 3 percent of their salaries and dues.

The month of September witnessed a number of similar operations that prompted banks to close their branches for days before partially reopening their doors according to prior dates and amid strict security measures.

On the other hand, Israeli Prime Minister Yair Lapid and Defense Minister Benny Gantz confirmed that their government will approve the agreement on the demarcation of the maritime border with Lebanon and will overcome the political and legal objections against it.

They assured the Israeli and Lebanese public that the decision of the Supreme Court in Jerusalem to conduct an examination of the lawsuit filed against the agreement, is normal and there is no legal basis for the court to cancel the agreement.
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