Costa Rica’s three major banks – Banco Nacional (BN), Banco de Costa Rica (BCR), and Banco Popular – are adjusting their lending conditions in response to the anticipated impacts of the El Niño weather phenomenon. These adjustments include offering new financing options and extending credit repayment terms for affected customers. The banks’ actions follow alerts regarding potential economic disruption caused by El Niño, which is expected to bring drought and other challenges to the country. The measures aim to mitigate financial strain on individuals and businesses vulnerable to the climate event. Specific details of the financing and extension programs will be announced by each bank individually. This coordinated response seeks to support economic stability during a period of heightened climate risk. The banks are prioritizing assistance to sectors likely to be most impacted by El Niño’s effects.