05/22/2009 05:12 am ET Updated May 25, 2011

Hamas Opens First Bank In Gaza

The first bank affiliated with the Hamas movement running Gaza opened on Tuesday in the Israeli-blockaded coastal strip which lies outside the Palestinian Authority's control.

"We are opening the bank today and are beginning to offer our services to the public," Alaa al-Rafati, head of the National Islamic Bank, told AFP.

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