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'r ...

Core Insights - Banco Latinoamericano de Comercio Exterior (Bladex) successfully closed a US$86 million syndicated loan for Grupo Monge, which was oversubscribed by 70% above the original amount, highlighting a strong relationship between the two entities [1][3][5] Company Overview - Grupo Monge has over 50 years of experience in Central America and operates 664 stores across five countries: Costa Rica, Guatemala, Honduras, Nicaragua, and El Salvador, focusing on durable goods and consumer finance [2] - The company emphasizes financial inclusion, particularly for unbanked and low-income sectors, facilitating access to essential durable goods [2][5] Loan Details - The syndicated loan, structured and led by Bladex, included participation from prominent regional banks, reinforcing Bladex's role in financing customer growth [3][4] - The funds will support Grupo Monge's strategy to finance micro-loans for individuals and small businesses, enhancing financial inclusion in the informal economy [4][6] Strategic Impact - The loan will enable Grupo Monge to expand its reach to unbanked and low-income individuals and families, providing financing for essential items such as motorcycles and electronics [5][6] - Bladex's commitment to economic development in Latin America is underscored by its ability to structure syndicated loans that promote inclusive and sustainable growth [3][6] Institutional Background - Bladex, established in 1979 by the Central Banks of Latin America and the Caribbean, aims to promote foreign trade and economic integration in the region, with a presence in multiple countries [7] - The bank has been listed on the New York Stock Exchange since 1992, with shareholders including Central Banks and financial institutions from 23 Latin American countries [8]

Group 1 - The investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective [1] - The approach does not prioritize market-driven dynamics or future price action, instead emphasizing long-term earnings power and competitive dynamics [1] - Most recommendations will be holds, indicating a cautious approach to market conditions, with only a small fraction of companies deemed suitable for purchase at any given time [1] Group 2 - The articles aim to provide important information for future investors and introduce skepticism in a generally bullish market [1]

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Jorge Salas – Chief Executive Officer Ana Graciela de Mendez – Chief Financial Officer Samuel Canineu – Chief Commercial Officer-Brazil Conference Call Participants Ricardo Buchpiguel – BTG Daniel Mora – Credicorp Capital Miruna Chirea – Jefferies Operator Good morning, ladies and gentlemen and welcome to Bladex Third Quarter 2024 Earnings Conference Call. A slide p ...

| --- | --- | --- | |-----------------------|-------|--------| | | | | | | | | | Bladex) | | | | | | | | | | | | 3Q24 Earnings Results | | | | | | BLX | | October 2024 | | LISTED | | | | | | | | NYSE | | | | | Key Results: Record Performance in 3Q24 2 Record Commercial Portfolio and Record Total Deposits Margins Increasing, Consistent with Guidance and Robust Asset Quality NIM 2.55% ↑ 12 bps QoQ | ↑ 8 bps YoY NPLs 0.21% ↑ 7 bps QoQ | ↑ 6 bps YoY Stable Fee Income and Operational Efficiency Aligned with Guid ...

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 accorda ...

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 ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by it ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it ...