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Hezbollah amid Lebanese collapse – Ya Libnan

Hezbollah amid Lebanese collapse – Ya Libnan
yalibnan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yalibnan.com Daily Mail and Mail on Sunday newspapers.

Hezbollah Amid Lebanese Collapse

Hezbollah Amid Lebanese Collapse
lawfareblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawfareblog.com Daily Mail and Mail on Sunday newspapers.

Amid crisis, Hezbollah bank is lifeline for some Lebanese

Amid crisis, Hezbollah bank is lifeline for some Lebanese As Lebanon s economic crisis continues to deepen, an increasing number of people are turning to the financial arm of the Iranian-backed militant group for help, receiving small, interest-free loans in dollars at a time of desperate need for hard currency Associated Press | Published: 01.27.21 , 10:59 When Lebanon’s financial meltdown began in late 2019, Hassan Shoumar was locked out of his dollar savings like everyone else in the country as banks clamped down with capital controls. But the young engineer had an alternative. He could still pull out the dollars in his account at the al-Qard al-Hasan Association, the financial arm of the Hezbollah terror group.

Amid crisis, Hezbollah bank a lifeline for some Lebanese – New Delhi Times

January 27, 2021 Share When Lebanon’s financial meltdown began in late 2019, Hassan Shoumar was locked out of his dollar savings like everyone else in the country as banks clamped down with capital controls. But the young engineer had an alternative. He could still pull out the dollars in his account at the al-Qard al-Hasan Association, the financial arm of the militant Hezbollah group. Shoumar had kept an account at the association for years, ever since he had taken a loan from it to pay university fees. Unlike Lebanon’s commercial banks, the accounts at the association didn’t earn interest. But the 28-year-old Shoumar didn’t care about that.

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