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BLX

Banco Latinoamericano de Comercio Exterior, S. A.

$45.95
0.56
 (1.23%)
Exchange:   NYSE
Market Cap:   1.697B
Shares Outstanding:   14.759M
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About The Company

Sector:  Financial Services
Industry:  Banks – Regional
   
CEO:  Jorge L. Salas
Full Time Employees:  175
Address: 
Torre V, Business Park
Panama City
PA
Website:  https://www.bladex.com
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 loans, 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, including 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.

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