PhotosLebanon: People Protest Against Banks Over Liquidity Crisis
Lebanon: People Protest Against Banks Over Liquidity Crisis
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.
A protesting depositor, foreground, fires firecrackers at a private bank security during a protest outside a Bank Audi branch in downtown Beirut, Lebanon.
A protesting depositor kicks a burning tire as Lebanese soldiers, background, stand guard in front of the Banking Association during a protest in Beirut, Lebanon.