The Latest

LEBANON DEPOSITORS UNION PROTESTS FOR SWIFT REPAYMENT OF DEPOSITS

Lebanon’s Depositors Union on Thursday staged a protest at 11:00 a.m. outside the Central Bank of Lebanon in Hamra, following decisions made at the Depositors and Lawyers Forum. Protesters, including depositors, lawyers, and activists, called for the …
April 4, 2024


Lebanon’s Depositors Union on Thursday staged a protest at 11:00 a.m. outside the Central Bank of Lebanon in Hamra, following decisions made at the Depositors and Lawyers Forum. Protesters, including depositors, lawyers, and activists, called for the prompt repayment of deposits and compensation for losses, particularly for those in Lebanese pounds. Secretary-General George Khater demanded the acting Governor of the Central Bank’s resignation and urged legal action against Central Bank members.

MP Charbel Masri praised efforts to propose a law ensuring deposit repayment. Depositors emphasized unity and determination in retrieving their deposits, criticizing the current banking system. The protest aimed to pressure banks to address depositors’ grievances.

Source: National News Agency – Lebanon

Previous Article

Songkran in Bangkok with EM DISTRICT will dominate the global tourism scene

Next Article

NYCB DEADLINE ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages New York Community Bancorp, Inc. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – NYCB

Related Posts

SEC approves developing, organising Al Badayer area

SHARJAH: H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, chaired Sharjah Executive Council (SEC) meeting. The meeting was attended by H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of...

Ultra-deep well in Xinjiang becomes Asia’s deepest well

BEIJING: The Shendi Ta'Ke-1 well, China's first borehole over 10,000 meters deep for scientific exploration, was drilled to a depth of 9,860 meters underground on Friday, setting a record as the deepest well in Asia. With a design depth of 11,100 met...