“Only if IMF deal is signed”
No sign-in required
Be one of the first to vote
Lebanon's banking system collapsed in 2019, trapping an estimated $80-100 billion in depositor savings as banks imposed informal capital controls and the Lebanese pound lost over 90% of its value. Ordinary citizens—from retirees to small business owners—have been unable to access their life savings for years, creating a humanitarian and political crisis. The question of whether depositors will recover frozen funds hinges on Lebanon's broader economic stabilization, IMF negotiations, and political will to implement banking reforms.