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Lebanese lawmaker demands trapped bank savings

BEIRUT (AP) A Lebanese parliamentarian on Wednesday entered a bank branch near Beirut, demanding some of her trapped savings to cover medical expenses. Cash-strapped Lebanon in recent weeks has witnessed a surge in depositors storming bank branches to forcefully withdraw their locked savings as the country's economy continues to spiral.

Lebanese Lawmaker Enters Bank Branch To Demand Frozen Savings

A Lebanese member of parliament entered a branch of Byblos Bank north of Beirut on Wednesday with a group of associates to demand access to her frozen savings to pay for surgery.

Lebanese MP Cynthia Zarazir enters Byblos Bank north of Beirut to demand frozen savings

A Lebanese member of parliament entered a branch of Byblos Bank north of Beirut on Wednesday with a group of associates to demand access to her frozen savings to pay for surgery. Cynthia Zarazir, a first-time parliamentarian who was elected in May to represent Beirut, entered the bank unarmed and demanded $8,500 in cash, she said. “We’ve spent a few days going back and forth

Lebanese lawmaker enters bank branch unarmed to demand frozen savings

Such cases have snowballed across Lebanon, as residents have grown exasperated over the informal capital controls that banks have imposed since 2019

Lebanese Lawmaker Enters Bank Branch to Demand Frozen Savings

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

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