Lebanon

After the Banks' Strike Decision: "Depositors' Front" Calls for Reversal

After the Banks' Strike Decision:

The "Depositors' Front" condemned in a statement the "decision of the Association of Banks to resume its unjust strike, regardless of the justifications." They affirmed that the strike is categorically rejected as it is destructive to the national economy in general and to the rights of depositors specifically. While holding the "Association of Banks responsible for spreading panic in the community, which negatively impacted the exchange rate within minutes and hours of announcing the strike," they urged the banks to immediately reverse their strike decision for the good of the nation and the citizens.

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