The Association of Banks in Palestine, a group that represents banks in the occupied West Bank and Gaza, said that banks across Gaza have suspended operations.

The news comes amid deteriorating conditions in Gaza, a result of Israel’s destructive campaign that has erased entire neighbourhoods, displaced nearly the entire population and targeted key civilian infrastructure.

The Associated Press reported that Bashar Yasin, the association’s general manager, confirmed the closures.

Displaced people in Gaza, whose economy has been devastated by the war, have struggled to access necessities such as food and water amid widespread Israeli rejection of humanitarian assistance into the Strip.