BEIRUT (Reuters) – Lebanon’s banks say they would stay open for another week, putting off the resumption of the strike that they launched last month to protest against lawsuits and legal investigations. The Association of the Banks of Lebanon (ABL) said members would keep working until the evening of Mar. 10 and then re-assess their position depending on how their demands were met.
The banks first closed their doors on Feb. 7 to protest against snowballing legal action they have been facing since Lebanon’s economy began to unravel more than three years ago.