Banco Latinoamericano De Comercio (BLX) has released an update.
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Banco Latinoamericano de Comercio Exterior, known as Bladex, reported a strong third-quarter net profit of $53 million, equating to $1.44 per share, and an impressive annualized return on equity of 16.4%. The Panama-based bank, which was established to promote trade and integration in Latin America and the Caribbean, saw its total revenues increase to $77.6 million, driven by a rise in net interest income and a robust credit portfolio. These results highlight Bladex’s financial stability and strategic growth in the region.
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