Venezuela’s banks hunker down and prepare for the worst -

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Lucinda Elliott Friday, 1 September 2017

Venezuela’s economy is in tatters, with sky-high inflation and mass shortages fuelling protests. While banks have made provisions for loan delinquencies, they are hugely reliant on deposits for funds and hamstrung by regulations. Lucinda Elliott reports from Caracas.

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Venezuela’s banks hunker down and prepare for the worst

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