Between end of 2018 and February 2020, 98,885 accounts were closed in Lebanese banks, the majority holding between 5 and 30 Million Liras.

$21.3 Billion Dollars is the total amount of cash withdrawn from banks during this same period, out of which 16 Billion are in Lebanese Lira and the remaining five billion in foreign currencies.

Lebanese Lira withdrawals:
– Accounts with less than $100K dollars withdrew $1.8 Billion Dollars.
– Accounts having over $100K withdrew almost 7 times more.

Foreign Currency withdrawals:
– Accounts with less than $100K dollars withdrew $100 Million Dollars.
– Accounts having over $100K withdrew $5 Billion Dollars.

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