File Photo: A man withdraws cash from a Bank of Palestine ATM in Khan Yunis, southern Gaza Strip. AFP
It's the latest deterioration in living conditions for the war-ravaged Strip.
Bashar Yasin, general manager of the Association of Banks in Palestine, confirmed the closure Wednesday.
The association represents banks across the occupied West Bank and Gaza Strip.
A number of banks had been semi-operational across Gaza before Wednesday, including a large Bank of Palestine branch in the central city of Deir al-Balah.
It was not immediately clear why the branch, one of the last places that Palestinians could withdraw cash, was closed.
The 10-month war has devastated Gaza’s already fragile economy, displacing most of the population, causing widespread damage and leaving the vast majority of Palestinian workers unemployed.
A cash crisis has worsened these problems, with displaced people having little or no access to their meager savings as prices for food and basic commodities have increased.
For months, hourslong queues had formed outside the few working
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