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Banking system was operating from a fundamentally sound base, PricewaterhouseCoopers chiefs say Back  
‘The Irish financial system is operating from a fundamentally sound base. One of the key things the Irish Regulator did about a year ago was to change the liquidity requirements for Irish banks - effectively raising the liquidity levels - and this has helped to insulate Irish banks from the current problems. This was a very positive development and has been very helpful in the current times,’ says Chand Kohli, head of PricewaterhouseCoopers’ banking and insurance practice.

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