People Are ‘Robbing’ Banks In Lebanon – To Take Their Own Money

Bank heists in Lebanon have become a growing trend – but these armed “robbers” storming into banks are not stealing anyone else’s money. They are just demanding access to their own savings.

And instead of being prosecuted, the perpetrators have largely been allowed to remain free and have become folk heroes.

The incidents have become increasingly common as Lebanon’s economic crisis continues. The local currency, the Lebanese pound, has depreciated by more than 90 percent against the United States dollar on the black market, while the government’s restrictions on how much money people can withdraw from their own bank accounts have also exacerbated the situation.