Business2 sources

El Niño Impact: Banks Review Loan Terms for Affected Clients

  • JPMorgan Chase & Co. and Citigroup are among banks analyzing El Niño's impact on loan risks.
  • Research links El Niño to increased risks beyond agriculture, affecting various sectors.
  • Banks are reviewing loan terms for clients in El Niño's path to mitigate potential financial impacts.
  • The reassessment aims to address heightened risks stemming from El Niño's effects.
  • No specific financial figures or client details have been disclosed.
El Niño Impact: Banks Review Loan Terms for Affected Clients | Split Angle