Venezuela calms liquidity fears on Chavez takeover

The Central Bank of Venezuela has said that the country's financial system is sufficiently liquid after the nationalisation of one of its biggest banks prompted concern about the banking industry's health.

The central bank said on Friday that, as the guarantor of the country's payments system, it could say that there was sufficient liquidity in the financial system to allow for the normal operation of the economy.

The institution added that it held currency reserves which could be used to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.