Skip to main content

Two Lebanese banks held up in one day as customers demand own funds

Many Lebanese watchers praised the woman who held up the bank to get her own money as most Lebanese cannot access their funds due to systemic financial mismanagement and corruption.
ANWAR AMRO/AFP via Getty Images

Two people held up banks in Lebanon today in an effort to withdraw their own money. 

What happened: Sali Hafiz entered a branch of BLOM Bank in Beirut with a toy handgun and demanded her savings. Hafez, accompanied by political activists, said she needed to pay for her sister’s cancer treatment. She eventually left with $13,000, according to local media.  

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.