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Venezuela approved a resolution requiring banks and financial institutions to devote 10% of their gross loan portfolios to mortgage loans

Latin Trade, August, 2005

Venezuela approved a resolution requiring banks and financial institutions to devote 10% of their gross loan portfolios to mortgage loans. The resolution requires 3% to go to long-term loans and 7% to short-term loans.

COPYRIGHT 2005 Freedom Magazines, Inc.
COPYRIGHT 2005 Gale Group
 

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