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Ecuador Declares Today An Emergency Bank Holiday
 
(Posted on Monday, March 8, 1999)

Source: CRE Radio (Guayaquil)

Eduardo Carmigniani, chairman of the Banking Board of Ecuador, announced late last night that the central government and the Banking Board had decreed today, Monday, March 8, 1999, a one-off bank holiday to "avert a collapse" of the national financial system.

The country's financial institutions will work but will not open to the public.

Related links:
Ecuador bank holidays and public holidays (current year)
Ecuador bank holidays and public holidays (news and updates)
Worldwide bank holidays and public holidays news updates (March 1999)


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