Gaza's Banking Crisis: Palestinians Face Empty Bank Vaults Despite Reopenings During Ceasefire

Oct 20, 2025 12:54 am CST

Following a brief ceasefire between Israel and Hamas, banks in Gaza reopened only to reveal a devastating reality: no cash remains available for desperate Palestinians. Despite long queues at Bank of Palestine branches, residents found themselves unable to access funds needed for basic necessities, highlighting the severe financial crisis gripping the region after months of conflict and economic isolation.