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02:19
Lebanon: Lebanese depositors protest in Beirut over frozen bank accounts
SHOTLIST: BEIRUT, LEBANON (APR. 16, 2025) (ANADOLU - ACCESS ALL) 1. VARIOUS OF DEMONSTRATORS GATHERING AROUND PARLIAMENT BUILDING 2. VARIOUS OF DEMONSTRATORS CHANTING SLOGANS 3. VARIOUS OF DEMONSTRATORS HOLDING BANNERS, FLAGSBEIRUT, LEBANON - APRIL 16: Dozens of depositors in Lebanon, whose bank accounts have been frozen for nearly six years, staged a demonstration in the capital Beirut on Wednesday, Apr. 16, demanding access to their funds. The protesters gathered in front of the Parliament building in the city center, where heavy security measures had been in place since the early morning. Chanting slogans against the government and political parties, the demonstrators held banners that read, “We want our money from the banks” and “No progress has been made on this issue for over 5 years.” On Apr. 4, the governor of Lebanon's central bank announced plans to gradually restore and repay all depositors' funds, which have been frozen for years under the country's severe financial and economic crisis. Since 2019, Lebanon has been grappling with an economic and financial crisis described by the World Bank as one of the worst globally. The situation has worsened with the recent Israeli aggression, which was halted on Nov. 27, 2024, exacerbating financial instability, energy shortages, and deteriorating living conditions. In November 2024, the country's Economy and Trade Ministry said the Israeli aggression had caused estimated losses between $15 billion and $20 billion across key sectors in Lebanon
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