First National Bank in Tripoli Stormed by Kadisha Electricity Employees

It looks like another day of bank hold-ups awaits Lebanon today as three incidents have already been reported across the country. Currently, employees of Kadisha Electricity Company have stormed First National Bank in Tripoli to protest the imposition of additional fees on their salaries.

According to Al-Jadeed, the fee amounts to a percentage of their salary and the employees are demanding that they be paid in full.

A new wave of holding banks hostage.
Employees of Kadisha Electricity stormed FNB bank in Tripoli asking for their rights. https://t.co/Ips3aTYwFz pic.twitter.com/e0g0sB5n2U

— Lebanese News and Updates (@LebUpdate) October 4, 2022

The Lebanese Army has arrived at the scene and is attempting to settle things down between the employees and the bank, but the situation remains tense with no agreement reached thus far.