Israeli airstrikes hit multiple Hezbollah-linked financial institutions in LebanonĀ 

The financial organisation which operates primarily in Lebanon, is used by Iran to transfer funds to Hezbollah.

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Israeli warplanes has began bombing branches of Al Qard Al Hassan, a financial institution affiliated with Hezbollah, local media reported.

The report confirmed that the branch of the financial institution in Chiyah in Beirutā€™s southern suburbs had been attacked, with no immediate casualties reported yet.

Israeli military spokesman Daniel Hagari had threatened earlier that the army was preparing to launch attacks on multiple sites in Lebanon, including the capital Beirut, to target buildings linked to Hezbollahā€™s financial network.

ā€œWe will strike a large number of targets soon,ā€ Mr Hagari said at a press conference.

He added that the attacks are part of a raid on organisations involved in dealing with funds transferred by Iran to Hezbollah to support its activities.

Earlier in a post on the social media platform X, the Israeli military claimed that it was about to bomb ā€œinfrastructure belonging to the Al Qard Al Hassan Associationā€ in an attempt to cut off Hezbollahā€™s financial sources.

It warned residents to stay ā€œat least 500 metersā€ away from Al Qard Al Hassan locations ā€œin the coming hours.ā€

The financial organisation operates primarily in Lebanon, with its headquarters located in Beirutā€™s southern suburbs.

Since September 23, Israeli has been launching airstrikes in areas of Lebanon controlled by Hezbollah, in response to the groupā€™s attack on communities in parts of Israel in support of Hamas. 

(Xinhua/NAN)