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Monetary Authority: Repeated attacks on bank branches in Gaza double the suffering of citizens


Ramallah – Ma’an – The Palestinian Monetary Authority confirmed that the repeated attacks on bank branches and ATMs in the Gaza Strip are threatening the continuity of the work of these branches, and their ability to disburse employees’ salaries and pay remittances to their owners in light of the current exceptional circumstances, which would double… From the suffering of our people in the Gaza Strip.

The Monetary Authority indicated that it is making continuous efforts to ensure the continued operation of the banking system in the Gaza Strip and the provision of financial services to citizens, at a time when outlaw parties are destroying branches and ATMs and placing obstacles to the public’s access to liquidity, stressing that this suspicious behavior causes harm. It was devastating to the displaced and residents of the Gaza Strip.

The Monetary Authority appealed to representatives of chambers of commerce, community forces, and tribes in the Gaza Strip to intervene and work to provide protection for ban
k branches and assets, noting that it is continuing its efforts to ensure the continuity of the banking system’s work, provide liquidity, and facilitate the tasks of relief institutions, despite the growing challenges and risks, and the lack of electrical power. And communications were cut off from most parts of the sector.

Source: Maan News Agency