Pacific Bank Grants 90-Day Grace to Galápagos Clients Amid El Niño Red Alert

Pacific Bank extends financial relief, including a 90-day grace period for customers on Santa Cruz Island, Galápagos, in response to a red alert declared due to the El Niño phenomenon. The measure is already in effect, but the full scope of relief across other affected provinces remains unspecified. This reflects the economic impact of climate-related disasters on local populations and the private sector's response.

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