Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It offers short and medium-term bilateral, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. The company also provides treasury solutions, which include term deposits and private placements. It primarily serves financial institutions, corporations, and sovereigns and state-owned entities. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S.A. in June 2009. Banco Latinoamericano de Comercio Exterior, S.A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama.
IPO Year: 1992
Exchange: NYSE
Website: bladex.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2023 | $37.00 | Buy | Jefferies |
| 6/29/2023 | $32.00 | Overweight | Barclays |
PANAMA CITY, April 21, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 1Q25 results Date and time:Tuesday, May 6, 2025 11:00 a.m. Eastern Time Presenting for Bladex: Mr. Jorge Salas, Chief Executive Officer Mrs. Annette van Hoorde de Solís, Chief Financial Officer Register for the Conference Call Please click here to pre-register for this conference call. Bladex's First Quarter 2025 Earnings Release will be announced on Monday, May 5, 2025, after the market cl
PANAMA CITY, Republic of Panama, April 15, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank") announced today that the Bank filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 (the "2024 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC"). The 2024 Annual Report and audited financial statements can be accessed by visiting either the SEC's website at www.sec.gov or Bladex's website at www.bladex.com. The Bank can also provide a copy of the Bank's audited financial statements or an
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
PANAMA CITY, Feb. 27, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX, ", Bladex", , or ", the Bank", )), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the Fourth Quarter ("4Q24") and Full-year ("FY24") ended December 31, 2024. The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards ("IFRS") as
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, Nov. 19, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank") announced today that, after 34 years of a successful career at Bladex, Ana Graciela de Mendez, Executive Vice President and Chief Financial Officer, has decided to step down from her position, effective April 2025. Mrs. Mendez will continue to work closely with Bladex in the coming months to ensure an orderly and smooth transition of her duties to incoming EVP and CFO Annette van Hoorde. "We're grateful for Ana Graciela's commitment and exceptional contributions
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)
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)
20-F - 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)
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)
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)
PANAMA CITY, April 21, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 1Q25 results Date and time:Tuesday, May 6, 2025 11:00 a.m. Eastern Time Presenting for Bladex: Mr. Jorge Salas, Chief Executive Officer Mrs. Annette van Hoorde de Solís, Chief Financial Officer Register for the Conference Call Please click here to pre-register for this conference call. Bladex's First Quarter 2025 Earnings Release will be announced on Monday, May 5, 2025, after the market cl
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, Oct. 29, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX, ", Bladex", , or ", the Bank", )), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the Third Quarter ("3Q24") and nine months ("9M24") ended September 30, 2024. The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB"). 3Q24 & 9M24 Financial & Business Highl
PANAMA CITY, Oct. 29, 2024 /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$0.50 per share corresponding to the third quarter of 2024. The cash dividend is payable November 26, 2024 to the Bank's stockholders as of November 8, 2024 record date. As of September 30, 2024, Bladex had 36,786,977.36 shares outstanding of all classes. Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began oper
PANAMA CITY , Oct. 11, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 3Q24 results Date and time: Wednesday, October 30, 2024 11:00 a.m. Eastern Time Presenting for Bladex: Mr. Jorge Salas, Chief Executive Officer Mrs. Ana Graciela de Méndez, Chief Financial Officer Register for the Conference Call Please click here to pre-register for this conference call. Bladex's Third Quarter 2024 Earnings Release will be announced on Tuesday, October 29, 2024, after the
PANAMA CITY, July 23, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX, ", Bladex", , or ", the Bank", ))), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the Second Quarter ("2Q24") and six months ("6M24") ended June 30, 2024. The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards ("IFRS") as is
PANAMA CITY, July 23, 2024 /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$0.50 per share corresponding to the second quarter of 2024. The cash dividend is payable August 20, 2024 to the Bank's stockholders as of August 5, 2024 record date. As of June 30, 2024, Bladex had 36,786,976.36 shares outstanding of all classes. Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations i
PANAMA CITY, July 19, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 2Q24 results Date and time:Wednesday, July 24, 202411:00 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 Second Quarter 2024 Earnings Release will be announced on Tuesday, July 23, 2024, after the market clos
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