'I Need My Salary': Anger as Lebanese Banks Reopen

File Photo: People queue outside a bank in Tripoli, Lebanon November 1, 2019. (Reuters)
File Photo: People queue outside a bank in Tripoli, Lebanon November 1, 2019. (Reuters)
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'I Need My Salary': Anger as Lebanese Banks Reopen

File Photo: People queue outside a bank in Tripoli, Lebanon November 1, 2019. (Reuters)
File Photo: People queue outside a bank in Tripoli, Lebanon November 1, 2019. (Reuters)

Depositors scuffled and long lines formed at Lebanese banks Monday as they partially reopened after a week-long closure following a slew of heists by customers desperate to access their money.

But most banks remained shut, welcoming only a handful of depositors on appointment, and there was anger from those seeking to withdraw frozen funds desperately needed to weather a crushing economic crisis, AFP said.

At a closed Beirut branch of Fransabank, dozens of soldiers, internal security forces members and customers had queued for hours.

"I don't care about anything, I need my salary," one ISF member yelled from behind the locked gates.

Banks started imposing draconian restrictions on withdrawals after Lebanon's economy collapsed in 2019.

Since then, the Lebanese pound has lost more than 95 percent of its market value, meaning public sector salaries have slumped to as low as $40 a month.

Earlier this month five banks were stormed in one day with depositors seeking to unlock frozen savings, after a string of similar holdups in past weeks.

The Lebanese banks association said Sunday that banks will reopen in a limited capacity to businesses, educational institutions and hospitals. Many banks have also now hired security guards.

ATMs will be available "for everyone else," to allow public and private sector institutions to transfer salaries, they said.

Georges Hajj of Lebanon's bank employees union said that some branches did not reopen, but those that did increased security.

"This week is a test to see how things will unfold," he said.

In the southern city of Sidon, heavy security has been deployed at several banks, an AFP correspondent reported, after a security forces member tried to get into a BLOM bank branch by force to retrieve his salary.

In the queue outside Fransabank, Yolla Sawan, a 67-year-old retired teacher, waited for her appointment, hoping to withdraw roughly $130 -- her bank's maximum monthly allowance.

"I don't know what will happen (if I can’t withdraw)," she said in a soft voice.

Near the bank, more servicemen and ordinary depositors queued in front of an ATM which was empty of any cash.

One ISF member, who declined to give his name, said he had been waiting for two hours to withdraw his meagre salary.

"I have nothing to say, I am drained," he said.



Israeli Troops, Palestinian Fighters Clash in West Bank after Incidents Near Settlements

Israeli troops move inside the Jenin refugee camp on the fourth day of an Israeli military operation in the West Bank city of Jenin, 31 August 2024. EPA/ALAA BADARNEH
Israeli troops move inside the Jenin refugee camp on the fourth day of an Israeli military operation in the West Bank city of Jenin, 31 August 2024. EPA/ALAA BADARNEH
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Israeli Troops, Palestinian Fighters Clash in West Bank after Incidents Near Settlements

Israeli troops move inside the Jenin refugee camp on the fourth day of an Israeli military operation in the West Bank city of Jenin, 31 August 2024. EPA/ALAA BADARNEH
Israeli troops move inside the Jenin refugee camp on the fourth day of an Israeli military operation in the West Bank city of Jenin, 31 August 2024. EPA/ALAA BADARNEH

Clashes broke out between Israeli troops and Palestinian fighters in the occupied West Bank on Saturday as Israel pushed ahead with a military operation in the flashpoint city of Jenin.
Israeli troops searched areas around Jewish settlements after two separate security incidents on Friday evening. In Jenin itself, drones and helicopters circled overhead while the sound of sporadic firing could be heard in the city, said Reuters.
Hundreds of Israeli troops have been carrying out raids since Wednesday in one of their largest actions in the West Bank in months.
The operation, which Israel says was mounted to block Iranian-backed militant groups from attacking its citizens, has drawn international calls for a halt.
At least 19 Palestinians, including armed fighters and civilians, have now been killed since it began. The Israeli military said on Saturday a soldier had been killed during the fighting in the West Bank.
The Israeli forces were battling Palestinian fighters from armed factions that have long had a strong presence in Jenin and the adjoining refugee camp, a densely populated township housing families driven from their homes in the 1948 Middle East war around the creation of Israel.
The Palestinian Red Crescent said on Saturday a child had been taken to hospital in Jenin with a bullet wound to the head.
The escalation in hostilities in the West Bank takes place as fighting between Israeli forces and Hamas group still rages in the coastal Gaza Strip nearly 11 months since it began, and hostilities with the Iranian-backed Hezbollah movement in the Israel-Lebanon border area have intensified.
Late on Friday, Israeli forces said two men were killed in separate incidents near Gush Etzion, a large West Bank settlement cluster located south of Jerusalem, that the military assessed were both attempted attacks on Israelis.
In the first, a car exploded at a petrol station in what the army said was an attempted car bombing attack. The military said a man was shot dead after he got out of the car and tried to attack soldiers.
In the second incident, a man was killed after the military said a car attempted to ram a security guard and infiltrate the Karmei Tzur settlement. The car was chased by security forces and crashed and an explosive device in it was detonated, the military said in a statement.
The two deaths were confirmed by Palestinian health authorities but they gave no details on how they died.
Troops combed the area following the two incidents. Security forces also carried out raids in the city of Hebron, where the two men came from.
Hamas praised what it called a "double heroic operation" in the West Bank. It said in a statement it was "a clear message that resistance will remain striking, prolonged and sustained as long as the brutal occupation's aggression and targeting of our people and land continue".
The group, however, did not claim direct responsibility for the attacks.
Israeli army chief General Herzi Halevi said on Saturday Israel would step up defensive measures as well as offensive actions like the Jenin operation.
Amid the gunfire, armored bulldozers searching for roadside bombs have ploughed up large stretches of paved roads and water pipes have been damaged, leading to flooding in some areas.
Since the Hamas attack on Israel last October that triggered the Gaza war, at least 660 Palestinian combatants and civilians have been killed in the West Bank, according to Palestinian tallies, some by Israeli troops and some by Jewish settlers who have carried out frequent attacks on Palestinian communities.
Israel says Iran provides weapons and support to militant factions in the West Bank - under Israeli occupation since the 1967 Middle East war - and the military has as a result cranked up its operations there.