News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
14
o
Bekaa
6
o
Keserwan
16
o
Metn
16
o
Mount Lebanon
10
o
North
15
o
South
14
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Special Episode
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
14
o
Bekaa
6
o
Keserwan
16
o
Metn
16
o
Mount Lebanon
10
o
North
15
o
South
14
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Financial warfare: Israel targets Hezbollah’s Al-Qard Al-Hassan branches in violent night of airstrikes
News Bulletin Reports
2024-10-21 | 12:20
High views
Share
Share
2
min
Financial warfare: Israel targets Hezbollah’s Al-Qard Al-Hassan branches in violent night of airstrikes
Report by Wissam Nasrallah, English adaptation by Yasmine Jaroudi
At approximately 9 p.m. on Sunday, October 20, Israeli forces issued warnings of imminent strikes on Hezbollah-affiliated institutions, this time focusing on the group’s financial arm, Al-Qard Al-Hassan.
Within an hour of the initial warning, the bombardment began, with a total of 14 airstrikes hitting Beirut’s southern suburbs and Choueifat, seven targeting the south and three in the Bekaa Valley.
The Israeli attack on Al-Qard Al-Hassan raises questions about why this financial institution became a target.
Established in the 1980s as a financial and social organization linked to Hezbollah, Al-Qard Al-Hassan provides interest-free loans to those in need in exchange for gold deposits. The institution received official approval from Lebanon’s Interior Ministry in 1987.
During the 2006 war, the organization operated nine branches, six of which were destroyed by Israeli forces. By 2023, the number of branches had grown to more than 30, spread across Beirut, its suburbs, southern Lebanon, and the Bekaa Valley.
The recent Israeli strikes caused significant damage to buildings and properties, sparking chaos and mass displacement late into the night. This escalation marks a new phase in Israel’s destructive campaign as Tel Aviv continues to seek new targets each day.
Lebanon News
News Bulletin Reports
Middle East News
Financial
Warfare
Israel
Target
Hezbollah
Al-Qard Al-Hasan
Branches
Violent
Airstrikes
Next
THAAD system deployed: Israel's conditions for ceasefire in Lebanon amid discovery of Israeli spies for Iran
Emigration from Lebanon on the rise: War and economic crisis push more citizens to leave
Previous
Related Articles
d-none hideMe
0
Lebanon News
2024-11-26
Israel warns Lebanon residents: Several Al-Qard Al-Hassan branches linked to Hezbollah will be targeted
Lebanon News
2024-11-26
Israel warns Lebanon residents: Several Al-Qard Al-Hassan branches linked to Hezbollah will be targeted
0
Lebanon News
2024-11-26
Israeli army alleges that airstrikes hit '30 Hezbollah targets' in Beirut's suburbs since start of week
Lebanon News
2024-11-26
Israeli army alleges that airstrikes hit '30 Hezbollah targets' in Beirut's suburbs since start of week
0
News Bulletin Reports
2024-11-23
Massive Israeli airstrikes in Beirut's Basta: Was Hezbollah's Mohammad Haidar the target?
News Bulletin Reports
2024-11-23
Massive Israeli airstrikes in Beirut's Basta: Was Hezbollah's Mohammad Haidar the target?
0
Lebanon News
2024-11-15
Israel's army continues airstrikes on Beirut's southern suburbs, claims to target Hezbollah infrastructure: Spokesperson
Lebanon News
2024-11-15
Israel's army continues airstrikes on Beirut's southern suburbs, claims to target Hezbollah infrastructure: Spokesperson
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:17
Negotiations stall as Israel resists ending Gaza war, sparking widespread debate
News Bulletin Reports
13:17
Negotiations stall as Israel resists ending Gaza war, sparking widespread debate
0
News Bulletin Reports
13:12
What towns and villages are now under Lebanese army control in south Lebanon?
News Bulletin Reports
13:12
What towns and villages are now under Lebanese army control in south Lebanon?
0
News Bulletin Reports
13:05
Tracking economic shifts in Lebanon: A review of 13 presidential terms – Part 2
News Bulletin Reports
13:05
Tracking economic shifts in Lebanon: A review of 13 presidential terms – Part 2
0
News Bulletin Reports
12:59
Lebanon's new president faces economic crisis, reform challenges
News Bulletin Reports
12:59
Lebanon's new president faces economic crisis, reform challenges
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2024-12-07
Lebanon's Cabinet issues decisions on army deployment and reconstruction efforts
Lebanon News
2024-12-07
Lebanon's Cabinet issues decisions on army deployment and reconstruction efforts
0
Lebanon News
2024-10-25
PM Mikati condemns Israeli attack on journalists in Hasbaya, South Lebanon
Lebanon News
2024-10-25
PM Mikati condemns Israeli attack on journalists in Hasbaya, South Lebanon
0
World News
2024-11-19
Russia expresses readiness to normalize relations with US
World News
2024-11-19
Russia expresses readiness to normalize relations with US
0
Lebanon News
2025-01-07
Lebanese Cabinet decides to deport Egyptian activist Abdul Rahman Al-Qaradawi to UAE
Lebanon News
2025-01-07
Lebanese Cabinet decides to deport Egyptian activist Abdul Rahman Al-Qaradawi to UAE
Videos
d-none hideMe
0
Lebanon News
2025-01-08
Presidential images of Army Commander Joseph Aoun printed (Video)
Lebanon News
2025-01-08
Presidential images of Army Commander Joseph Aoun printed (Video)
0
Lebanon News
2025-01-08
LBCI documents scenes of destruction in Naqoura and Aalma in South Lebanon
Lebanon News
2025-01-08
LBCI documents scenes of destruction in Naqoura and Aalma in South Lebanon
0
Lebanon News
2024-12-24
Tom Fletcher affirms commitment to Lebanon's future, vows to help lead it into a new phase - Watch the full interview with LBCI
Lebanon News
2024-12-24
Tom Fletcher affirms commitment to Lebanon's future, vows to help lead it into a new phase - Watch the full interview with LBCI
0
Lebanon News
2024-12-21
Car runs over security officer in Beirut, Lebanon (Video)
Lebanon News
2024-12-21
Car runs over security officer in Beirut, Lebanon (Video)
0
Lebanon News
2024-12-20
A delegation of Druze religious leaders from Lebanon visits Jabal al-Arab, Syria (Video)
Lebanon News
2024-12-20
A delegation of Druze religious leaders from Lebanon visits Jabal al-Arab, Syria (Video)
0
News Bulletin Reports
2024-12-16
Inside Tartus Port: Russia's strategic naval presence in the Middle East
News Bulletin Reports
2024-12-16
Inside Tartus Port: Russia's strategic naval presence in the Middle East
0
News Bulletin Reports
2024-12-16
Destruction and aftermath: Syrian coast sees largest Israeli attack in over a decade
News Bulletin Reports
2024-12-16
Destruction and aftermath: Syrian coast sees largest Israeli attack in over a decade
0
Middle East News
2024-12-16
LBCI reports from Bmalkah in Tartus following Israeli airstrikes
Middle East News
2024-12-16
LBCI reports from Bmalkah in Tartus following Israeli airstrikes
0
Lebanon News
2024-12-13
LBCI Reports: Lebanese General Security divides Syrian refugees into three categories at Masnaa border
Lebanon News
2024-12-13
LBCI Reports: Lebanese General Security divides Syrian refugees into three categories at Masnaa border
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
10:57
Israel claims airstrike targeting individuals exiting alleged Hezbollah building in south Lebanon
Lebanon News
10:57
Israel claims airstrike targeting individuals exiting alleged Hezbollah building in south Lebanon
2
Lebanon News
12:50
MP Ibrahim Mneimneh expresses readiness to take on prime minister role
Lebanon News
12:50
MP Ibrahim Mneimneh expresses readiness to take on prime minister role
3
News Bulletin Reports
13:12
What towns and villages are now under Lebanese army control in south Lebanon?
News Bulletin Reports
13:12
What towns and villages are now under Lebanese army control in south Lebanon?
4
Middle East News
07:50
Lebanon-Syria border demarcation tops agenda in Al-Sharaa, Mikati joint press conference
Middle East News
07:50
Lebanon-Syria border demarcation tops agenda in Al-Sharaa, Mikati joint press conference
5
Lebanon News
10:39
UAE president announces resumption of Beirut embassy operations in call with Joseph Aoun
Lebanon News
10:39
UAE president announces resumption of Beirut embassy operations in call with Joseph Aoun
6
Middle East News
06:05
Lebanon's President Aoun confirms Saudi Arabia as first destination for foreign visit
Middle East News
06:05
Lebanon's President Aoun confirms Saudi Arabia as first destination for foreign visit
7
Lebanon News
05:30
Lebanon's President Aoun urges swift government formation; pledges to build state founded on 'justice and equality'
Lebanon News
05:30
Lebanon's President Aoun urges swift government formation; pledges to build state founded on 'justice and equality'
8
Lebanon News
06:37
Lebanese army regains position, video shows extensive damage in Ramyeh
Lebanon News
06:37
Lebanese army regains position, video shows extensive damage in Ramyeh
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More