People concerned about their deposits in banks held protests against banks in Beirut, Lebanon. The country is in the grips of a severe economic crisis that has led to informal capital controls. Depositors have seen their savings evaporate almost overnight after the informal capital controls were introduced amid the liquidity crisis, according to The National.
Lebanon: People Protest Against Banks Over Liquidity Crisis
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People concerned about their deposits in banks held protests against banks in Beirut, Lebanon. The country is in the grips of a severe economic crisis that has led to informal capital controls. Depositors have seen their savings evaporate almost overnight after the informal capital controls were introduced amid the liquidity crisis, according to The National.
Updated on:
Published at:
Lebanese liquidity crisis
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