FCA warns banks that access to cash is a regulatory priority
The Financial Conduct Authority has made it clear to banks that maintaining access to cash in local communities remains a regulatory priority that the industry should take on board when making decisions on the future of their branches and ATMs.
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Customers storm banks to get their money in Lebanon
Lebanese banks have been held up by depositors seeking access to their own money frozen in the banking system.
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An armed man entered a branch of BLOM bank in Beirut’s Tariq al-Jdideh neighbourhood seeking his deposit, the bank told Reuters, adding that the situation was under control. The country’s banks have locked most depositors out of their savings since an economic crisis took hold three years ago, leaving much of the population unable to pay for basics
Spate of Lebanese bank holdups continues amid capital controls ► https://www.theguardian.com/world/2022/sep/16/spate-of-lebanese-bank-holdups-continues-amid-capital-controls
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#Lebanon #BankRun #Beirut
The Truth About How Banks Use Your Money #shorts
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