Jefferies initiated coverage of Banco Latinoamer with a rating of Buy and set a new price target of $37.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2023 | $37.00 | Buy | Jefferies |
| 6/29/2023 | $32.00 | Overweight | Barclays |
The syndicated loan follows the Green Loan Principles (GLP) guidelines of the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA). It reflects the commitment of both entities to support projects that promote the transition to renewable energy, help mitigate climate change and strengthen the energy supply for the country's growth. PANAMA CITY, March 13, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and The Bank of Nova Scotia (Scotiabank) announced the successful closing of a US$100 million syndicated loan for Empresa Generadora de Electricidad Haina (EGE Haina), reaffirming their commitment to the region's energy transition
PANAMA CITY, March 12, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announces the successful closing of a USD 200 million syndicated loan in partnership with Banco Agrícola S.A. (a Grupo Bancolombia company) for Inversiones CrediQ Business, S.A. and its subsidiaries in Costa Rica, El Salvador, and Guatemala. This is the second syndicated loan led by Bladex for CrediQ. It consolidates a relationship of trust and financial support that began in 2021. The transaction met with strong market demand and was oversubscribed by 1.52 times the initial amount of USD 150 million, with the participation of 13 other financial institutions, reflecting the strong interest
Historic net income of $206 million, a 24% increase year-over-year25% dividend increase, reflecting confidence in the bank's growth trajectorySolid growth in fee income, driven by higher activity in syndications and letters of creditPANAMA CITY, Feb. 28, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE:BLX) announced today its financial results for the fourth quarter and full year 2024, achieving historic levels of profitability and business growth. The commercial loan portfolio grew by 18%, surpassing $10 billion for the first time. Portfol
Historic net income of $206 million, a 24% increase year-over-year25% dividend increase, reflecting confidence in the bank's growth trajectorySolid growth in fee income, driven by higher activity in syndications and letters of creditPANAMA CITY, Feb. 28, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE:BLX) announced today its financial results for the fourth quarter and full year 2024, achieving historic levels of profitability and business growth. The commercial loan portfolio grew by 18%, surpassing $10 billion for the first time. Portfol
PANAMA CITY, Feb. 27, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.625 per share corresponding to the fourth quarter of 2024. The cash dividend is payable March 25, 2025 to the Bank's stockholders as of March 10, 2025 record date. As of December 31, 2024, Bladex had 36,790,818.86 shares outstanding of all classes. Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region. The Bank, headquartered in Panama, also
PANAMA CITY, Feb. 5, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 4Q24 results Date and time:Friday, February 28, 202510:00 a.m. Eastern Time Presenting for Bladex:Mr. Jorge Salas, Chief Executive OfficerMrs. Ana Graciela de Méndez, Chief Financial Officer Register for the Conference CallPlease click here to pre-register for this conference call. Bladex's Fourth Quarter 2024 Earnings Release will be announced on Thursday, February 27, 2025, after the market closes and will be available on the Bank's corporate website, along with the webcast presentation. About Bladex:Bla
PANAMA CITY, Jan. 22, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE:BLX) has announced the successful closing of a US dollar and Colombian peso syndicated loan for US$53 million and COP 60,000 million, respectively, for Finanzauto S.A. BIC, a leading Colombian automotive finance company with a strong commitment to sustainable economic development. The syndicated loan, structured and led by Bladex, included the participation of eight prestigious financial institutions from the region, thereby confirming the bank's ability to bring together
PANAMA CITY, April 24, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX, ", Bladex", , or ", the Bank", ))), a Panama-based multinational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, today announced that its Board of Directors appointed Ms. Angelica Ruiz Celis as a Class E Independent Director on March 30, 2023 and is recommending the reelection of Dr. Mario Covo as Independent Director representing Class E shareholders for its 2023 Annual General Shareholders Meeting scheduled for Wednesday, April 26, 2023, at 10:30 a.m. (Panama time), at Santa Maria Hotel, S
PANAMA CITY, June 23, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ((", Bladex", or the ", Bank", , NYSE:BLX) announced today the appointment of Mr. Carlos Daniel Raad as new Executive Vice President, Head of Investor Relations. Mr. Raad has more than 18 years of professional experience in the financial sector, with a successful career in Bancolombia where he served in various positions, most recently as Director of Investor Relations. He holds a Bachelor's Degree in Industrial Engineering and an MBA from Universidad de Los Andes, Colombia, with the in
Jefferies initiated coverage of Banco Latinoamer with a rating of Buy and set a new price target of $37.00
Barclays initiated coverage of Banco Latinoamer with a rating of Overweight and set a new price target of $32.00
Credit Suisse reiterated coverage of Boralex with a rating of Neutral and set a new price target of $48.00 from $52.00 previously
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
SC 13G - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Subject)
SC 13G - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Subject)
SC 13G - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Subject)