El Niño rains trigger flooding in Manabí, Ecuador: 1,800 affected, 119 emergencies
Published 11 h ago2 sourcesEvidence: Reported
Ecuador's Financial and Monetary Board has issued rules allowing clients to defer debts once per entity for one or several credits due to El Niño impacts. The measure will be reviewed in Q1 2027 based on climate evolution and official data. This provides targeted liquidity relief to affected borrowers but signals economic stress from climate-related disruptions.
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