The Chtoura branch of Lebanon’s BLC Bank has been stormed by a depositor demanding their money back. According to the Depositors Union, the man holding the bank up is retired ISF member Ali Al-Sahili.
Sahili is reported to have $24,000 stuck in the bank and seems to be doing the operation alone in Chtoura. So far no updates on negotiations or injuries has been shared.
— (@Lebdepositors) October 4, 2022
This move comes amidst an escalation between depositors and banks, with multiple banks stormed and held up over the past few weeks. So far, most have been able to successfully get out with there money.