2 Followers USX:BLX - Banco Latinoamericano de Comercio Exterior, S.A Banco Latinoamericano de Comer
Sector: Financials, Industry: Specialized Finance
Next Earnings: 26 Jul 2021
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USD 15.2    +0.160 (+1.06%)
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11 Jun 2021


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General

CEO: Mr. Jorge L. Salas

IPO: 1992-09-24

Headquarters: US

Employees: 0

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Description

Banco Latinoamericano de Comercio Exterior SA is a special purpose multinational bank based in Panama. Its key objective is to lend financial support and assist the trade development between Latin America and the Caribbean. The bank functions through two segments; Commercial and Treasury. The commercial segment performs the crux of the bank's activities and helps generate most of its income. It deals with commercial portfolio-related activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits. The Treasury Segment is responsible for the Bank's funding and liquidity management, along with the management of its activities in investment securities.