Venezuela's Chavez denies problems banking system

VENEZUELA - Venezuelan President Hugo Chavez Sunday declared the financial industry solid and healthy after rumours that Venezuela's largest private-sector bank, Banco Provincial, was about to be subjected to intervention by the central bank due to liquidity problems.

"The strength of Venezuela's banking system is in no doubt. It's very important that that has been made clear," Chavez said during his weekly radio show "Hello President." Saturday, the central bank said in a press release that t

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