Date and time:Wednesday, April 15, 202011:00 a.m. Eastern Standard Time
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, today announced its results for the fourth quarter ("4Q19") and full year ("FY19") ended December 31, 2019.
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$0.25 per share corresponding to the first quarter of 2020.
Q1 2020 Banco Latinoamericano de Comercio Exterior SA Earnings Call
Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank") today announced the successful closing of a US$130 million 3-year senior, amortizing term loan facility (the "Facility") for Banco Aliado, S.A. ("Banco Aliado").
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Q4 2019 Banco Latinoamericano de Comercio Exterior SA Earnings Call
Moody's affirmation of Bladex's ratings reflects the bank's adequate asset quality and sound capitalization that resulted from de-risking its balance sheet as it lowered exposures to risky sectors and markets at a time when operating conditions for banks in Latin America are weakening. The rating action also incorporates the challenges Bladex will face to generate earnings amidst declining business volumes, low interest rates and potentially higher credit costs resulting from the downturn triggered by the coronavirus outbreak-related disruptions.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Banco Latinoamericano de Comercio Exterior and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
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$0.385 per share corresponding to the fourth quarter 2019.
Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the successful closing of a US$91 million 3-year senior unsecured syndicated loan (the "Facility") for GMG Holding S.A. and subsidiaries ("Grupo Monge" or the "Group"). Bladex was the Sole Lead Arranger and Bookrunner, as well as the Administrative Agent for the Facility.
Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank") (NYSE: BLX) announced today that the Bank filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 (the "2019 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").
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, today announced its results for the first quarter ("1Q20") ended March 31, 2020.
Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announces that at the Annual Meeting of Shareholders virtually held on April 29, 2020, shareholders:
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Banesco USA CEO Jorge Salas is stepping down from his leadership role at the end of the month. In a statement, Salas thanked Banesco USA employees, directors and shareholders for their support, but did not comment on his decision to leave the bank. Salas will be succeeded by Mario Oliva, a member of the board of directors for various Banesco Group entities, including Banesco SA, Banesco Seguros, Banesco Múltiple and Miami-based Banesco USA.
The Board of Directors (the "Board") of Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank") (NYSE: BLX) today announced that, effective March 9, 2020, Mr. N. Gabriel Tolchinsky will step down as Chief Executive Officer. He will be succeeded by Mr. Jorge Salas.
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Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank"; NYSE: BLX) announced the closing of a US$110 million, seven year, syndicated loan in favor of Favorita Fruit Co. Ltd. ("Favorita"), a leading Ecuadorian agribusiness conglomerate with diversified business activities including bananas, dairy, and fertilizers.
NEW YORK, NY / ACCESSWIRE / April 15, 2020 / Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April ...