Israeli warplanes carried out a series of airstrikes on Monday targeting multiple branches of Al-Qard Al-Hasan, the financial network linked to Hezbollah, across southern Lebanon and the Bekaa Valley. 

The strikes destroyed buildings in the southern villages of Habboush, Toul, Deir Zahrani, and Maaroub, as well as in Tyre, Al-Boss, Qana, and Nabatiyeh. Additional targets in the Bekaa Valley included Ain Bourday, Labweh, Bednayel, Hawsh Al-Ghanam, Al-Labwa, Mashghara, and Hermel.

The Israeli army had issued prior warnings for residents to evacuate the areas surrounding the targeted sites.

Later, the Israeli military said Al-Qard al-Hasan is used by Hezbollah to store money, manage salaries for its operatives, transfer funds from Iran, and purchase weapons.

“Hezbollah’s attempts at economic rehabilitation and the activity at the branches of the Al-Qard al-Hasan association constitute a threat to the citizens of the State of Israel,” the army said in a statement.

Moreover, the Israeli army said that it struck some 70 Hezbollah weapon depots and rocket launching sites across southern Lebanon. 

“The targets struck were intended to be used by the Hezbollah terrorists to advance terror attacks against Israeli troops and residents of the State of Israel,” the army said. “Hezbollah made a deliberate decision to attack Israel in defense of the Iranian terrorist regime and will bear the consequences of its attack on Israel.”

The Israeli military also announced that it had carried out a strike in Beirut killing Hussein Mkalled, who served as the head of Hezbollah's intelligence headquarters.