The deep financial challenge in Lebanon shows itself in the banks. The depositors got here out with the bank raids they organized after their debts had been filled. The Lebanese Banks Affiliation has released an announcement following the successive financial institution raids via depositors, together with a deputy, in different portions of the rustic. within the remark, it used to be said that banks will stay closed on Friday, October 7 as a result of the increasing assaults and violations in opposition to banks in recent days. In Lebanon, which used to be suffering from the commercial drawback, banks had been closed on 16-26 September after the raids performed one after another by way of depositors whose deposits had been frozen. In the rustic where financial institution raids were persevered by way of depositors, on October FIVE, independent MP Sintiya Zarazir raided the financial institution to withdraw the amount from his account, which had been frozen for three years. All foreign exchange deposit debts had been frozen since 2019 in order to stop the melting of foreign currency reserves in Lebanon. The Primary Bank of Lebanon introduced in November 2021 that it may possibly withdraw citizens’ cash at a restricted and executive-set trade price. the person held the bank staff hostage with a gun all day as a result of he couldn’t withdraw his cash, and later surrendered. In Beirut, a lady broke into the bank to withdraw her cash on September 14 and left the department after taking the amount of THIRTEEN thousand greenbacks in her account. After this incident, on September 16. A Minimum Of 7 more financial institution raids came about in different parts of the rustic in Lebanon, the place the deputy who couldn’t withdraw his money raided the financial institution branch ViDEO