Close Menu
    Facebook X (Twitter) Instagram
    Monday, July 14, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    Advertise with Us Get the App
    961
    Home»News»Lebanon News
    4 Mins Read

    Hezbollah’s ‘Bank’ Was Just Hacked & Damning Information Was Leaked

    By Rim ZreinDecember 29, 2020Updated:January 1, 2021
    Facebook WhatsApp Copy Link

    A hacker group called “SpiderZ” hacked into the servers and cameras of Al-Qard Al-Hassan, Hezbollah‘s financial institution. It collected data and is beginning to leak them to the public and promising to publish additional details later.

    They exposed the names of senior depositors along with other details from the database.

    Even though Al-Qard Al-Hassan is registered as a charity in Lebanon, it appears to run as a financial institution in every possible aspect, providing various financial services to its clients, including loans.

    Al-Qard Al-Hassan confirmed to the Hezbollah-affiliated Al-Ahed that the breach took place. They claim that “this breach does not give the attackers the ability to act or move the accounts.”

    Leaked picture of security footage of depositors waiting in line at the Al-Qard Al-Hassan Association

    In the video posted by the “Spiderz” group on their website, the hackers explicitly state that they have successfully managed to get hold of all of Hezbollah‘s bank information, and confirm that Al-Qard Al-Hassan is not a charity, but a covert financial shelter for Hezbollah.

    “Al-Qard Al-Hassan Association is no longer a secret. The association does not operate according to the international standards accepted in the financial market, which are designed to protect the people,” the Spiderz group of hackers said.

    “If you have a debt to pay for Al-Qard Al-Hassan, don’t pay it. Stop letting them embezzle you, and take out all your money from the bank before it turns into ink on a paper,” they advised, addressing the bank’s depositors.

    Some of the information leaked are passport copies, names of depositors, including senior officials, as well as security footage pictures of depositors waiting in line.

    Leaked picture of security footage of depositors waiting in line at the Al-Qard Al-Hassan Association

    According to the leak, local banks that are working with Qard Al-Hassan through accounts in different branches include Jammal Trust Bank (JTB), which was sanctioned in 2019 due to its activities linked directly to Hezbollah.

    According to the leaks, other banks that deal with the Hezbollah association are the Lebanese Canadian Bank, MEAB Bank, Lebanese Swiss Bank, Fenicia Bank, Société Générale Bank, Kuwait and the Arab World Bank, as well as Credit Libanais Bank, Lebanon and the Gulf Bank, Byblos Bank, and Misr Lebanon Bank.

    The fact that so many banks, especially in Lebanon, are working with the Al-Qard Al-Hassan association contradicts what was previously announced by the Secretary-General of the party, Hassan Nasrallah, that the party has no accounts in banks.

    According to Double Cheque, since the information got leaked, the felonies carried out by the depositors using the “secrecy” that the association provides to its members, such as tax evasion, and laundering of funds, which are claimed to originate in corruption and terror financing offenses, are now exposed to the enforcement authorities in Lebanon and the international enforcement agencies.

    To the attention of the depositors and those whose names were leaked as dealing with that bank/association/charity, Double Cheque wrote the following on their website:

    “If your name or details appear on the leaked lists, you will be investigated by enforcement authorities in Lebanon or other countries, and, based on your function, you may also be of interest to the U.S. Treasury and Trade Department for your involvement in the association that was designated by the U.S. Treasury as an entity that aids terror funding (SDGT) in 2007, and activity you carried out through it.”

    “Pulling your money and assets out of Al-Qard Al-Hassan can help you reduce your ties with the association and reduce the risk to you, your money, and your assets,” they added.

    SpiderZ said it will be publishing more leaked information later.

    What is Al-Qard Al-Hassan

    Al-Qard Al-Hassan Association was established by Hezbollah in the 1980s.

    Licensed by the Lebanese Ministry of the Interior in 1987, the Hezbollah bank has 32 branches throughout Lebanon, and declares itself a charity association that provides financial assistance in areas where Hezbollah have a strong presence in Lebanon.

    Double Cheque

    According to Double Cheque, the association’s annual loans are close to $500 million, its annual profits are close to $20 million, its deposit reserves are worth over $300 million, and it holds 15 tons of gold worth around $500 million.

    It uses its charity status to evade tax payments, contributing nothing to the Lebanese economy.

    Editor’s Note:

    12-29-2020 9:30 pm (Beirut): Byblos Bank released a statement, in response, denying any allegations that they “hold accounts for Al-Qard Al-Hasan Association” – describing it as “unfounded information.”

    12-31-2020 8:30 pm (Beirut): Credit Libanais denies the claims calling them “false accusations” and “completely unfounded.”

    Al-Qard Al-Hassan Byblos Bank Credit Libanais Hassan Nasrallah Hezbollah Lebanon
    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    lebanon jounieh cyprus by ferry 961

    You’ll Soon Be Able To Travel Between Lebanon & Cyprus By Ferry

    uae travel ban lebanon 961

    UAE Is Officially Removing The Travel Ban On Lebanon

    Lebanese talking-stage

    15 Things Your Lebanese Talking-Stage Will Tell You, And What It Actually Means

    Joe Issa El-Khoury 961

    Who is Joe Issa El-Khoury, Lebanon’s New Minister of Industry

    Adel Nassar 961

    Who is Adel Nassar, Lebanon’s New Minister of Justice

    Nizar Hani 961

    Who is Nizar Hani, Lebanon’s New Minister of Agriculture

    lebanon jounieh cyprus by ferry 961

    You’ll Soon Be Able To Travel Between Lebanon & Cyprus By Ferry

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019
    Lebanese boutiques

    25 Boutiques In Lebanon To Find Your Dream Evening Dress This Wedding Season

    June 9, 2024

    20 Typical Lebanese Slang Expressions

    April 21, 2020
    caracalla one thousand and one nights

    Caracalla Just Added More Dates For “One Thousand and One Nights” & You Def Don’t Want To Miss It!

    July 5, 2025
    lebanese beer brands almaza beirut beer 961

    Lebanese Beer Brands Are Publicly Throwing Shade, And It’s Getting Frothy

    June 7, 2025

    How Mia Khalifa Became One Of The Most Outspoken Advocates For Lebanon

    August 13, 2020
    Low-Cost Lebanese Airline 961

    We Might Finally Be Getting A Low-Cost Lebanese Airline – Here’s What We Know

    June 18, 2025

    12 Things To Do In The Traditional Lebanese Town Of Hammana

    July 28, 2022
    961 Logo
    Facebook WhatsApp TikTok Instagram

    Popular Topics

    • Guides
    • Eat & Drink
    • Listicles
    • Lebanon News
    • Diaspora
    • Explained

    961

    • About
    • WhatsApp Channel
    • News WhatsApp Channel
    • Corrections Policy
    • Ownership & Funding

    Services

    • Advertise
    • Careers
    • App Waitlist
    • Contact Us
    • Newsletter
    961™ | All Rights Reserved ©2025
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.