Banco Latinoamericano de Comercio Exterior S A : Factsheet 1Q25 - ENG 0
BLX
Published on 05/13/2025 at 16:16
Broadest Reach in Latam
Long-standing relationships with prominent regional corporate and financial groups in more than 20 countries
17%
5%
Robust Shareholder Structure
Rigorous corporate governance standards support broad access to capital markets
78%
Distinctive Business Model
Specialized trade finance franchise
Short term portfolio
Blue chip clients
Direct communication between the Bank and Latin American governments
Bladex's primary source of deposits, which have proven to be a stable source of funding, even during periods of market volatility
Absolute majority rights; changes in the Bank's Bylaws, dissolutions or mergers require 75% Class A approval
Preferred creditor status in stress scenarios
Listed in NYSE
1-for-1 conversion rights to Class E shares
Supply
Chain
Loans
Investments
s Liquidity
Trade
Finance
Deposits
Yankee CDs
Public Issuances (USA, MXN, PAN)
Private Issuances (EMTN Program)
Letters of Credit
Standbys
Guarantees
Documentary Collections
Bilateral Loans
Syndicated and Club deals
Infrastructure and Project Finance
Business Products s Business Offering
Bilateral lines to counterparties for export
pre-financing
Forfaiting - Confirming - Factoring
Confirming via platform
Participation in discount programs
Monetization of a portfolio of accounts receivable
BBB
Baa2
BBB
Bladex at a Glance
Founded to finance trade in Latin America.
New York
Founded in 1979 by 23 central banks and government institutions from Latin America s the Caribbean (Latam)
Mexico
Panama
Mission: Supports trade and
regional integration across Latam
Bogota
Lima
Sao Paulo
In 1992 became the first Latam bank to be listed on the NYSE and achieved Investment Grade rating
NY Agency Representation Office Representation License Headquarters
Buenos Aires
Unique Banking Franchise…
Shareholder Structure
Cash and due from banks
Investment Securities
8,710
(70%)
399 (3%)
309 (3%)
1,899
(15%)
468 (4%)
510 (4%)
1,146
(11%)
1,110
(10%)
1,904
(17%)
7,444
(68%)
1,202
(10%)
1,213
(11%)
1,710
(15%)
8,090
(71%)
1,726
(16%)
7,384
(69%)
413 (4%)
1,276
(10%)
AAA
BB+ AA-
A+
1,964
(17%)
8,384
(71%)
1Q25
BBB+
BBB
-
BB
BB
A-
BBB-
Loans
Other
11,859 12,395
Avg. Term to Maturity 2.3 y
Investment Grade
AAA 4%
10,688 10,907
Non-Investment
Grade
15%
2%
3%
17%
15%
24%
20%
14%
1%
1Q24
2Q24
3Q24
4Q24
1Q25
1Q25
1Q25
12%
8%
7%
5%
5%
2%
1%
Ecuador
14%
12%
11%
9%
9%
5%
35%
12%
10%
9%
9%
8%
8%
7%
2%
(*) (1) Costa Rica, Honduras, Paraguay, Argentina and Other Latam ≤ 1%.
Commercial Portfolio Maturity Average Duration 12 Months
1Q25 Results
$51.7M
Net Income
$65.3M 15.4%
NII
ROE
15.1%
CET1
2.36%
NIM
0.1%
NPLs
$10.6M 26.9%
Fees Efficiency
+14%
9,978
10,322
Brokers
495
9,021
9,102
9,556
Multilateral
247
4%
8%
2,786
(31%)
1,147
364 (13%)
(4%)
29%
458
(4%)
(3%)
303 (9%)
(8%)
(4%)
1Q25
5,859
2,795
(29%)
776
346
2,703
(30%)
837
2,770
(27%)
1,235
(12%)
Corporations
1,699
4Q24
1Q25
Financial Institutions
1,358
Securities sold under repurchase agreement
Short-term Borrowings and Debt, net
Long-term Borrowings and Debt, net
Central Banks or designees Class A shareholders
2,060
11%
4%
4%
3%
Deposits
Yankee CDs Repos
144a / Regs EMTN
Issuances MXN Issuances PAN
Correspondent Banks
Syndicated Loans
4,724
(52%)
5,259
(58%)
5,639
(59%)
5,413
(54%)
5,859
(57%)
2,699
(27%)
1,653
213 (17%)
(2%)
24%
1Q24
Deposits
2Q24
3Q24
4%
USA / Canada Europe
Asia
The Caribbean Multilateral
26%
20%
16%
12%
11%
7%
4%
4%
16%
4%
25%
5%
Banco Latinoamericano de Comercio Exterior, S.A. Business Park, Tower V, Ave. La Rotonda, Costa del Este
P.O. Box 0819-08730, Panama, Republic of Panama • Tel: (507) 210-8500 • Swift: BLAEPAPA • Website: https://www.bladex.com
1%
46%
11%
4%
4%
3%
10%
1%
16%
5%
14%
15%
10%
South America Central America
Mexico
46%
35%
1Q25
10,322
10%
1Q25
10,322
18%
10%
Disclaimer
BLADEX - Foreign Trade Bank of Latin America Inc. published this content on May 13, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 13, 2025 at 20:15 UTC.