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Chavez: 2 closed banks to join state bank sector
Quick ReadChavez says 2 closed banks will join Venezuela's growing ranks of state banks
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CARACAS, Venezuela (AP) — Venezuelan President Hugo Chavez said Thursday that two banks shut down by authorities due to irregularities will be relaunched as the latest additions to the country's growing list of state-run banks.
The government aims to rehabilitate Confederado and Bolivar banks by Dec. 24 in order to reopen them as state-run institutions, Chavez told state television. He said...
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