Successful Issuance of Additional Tier 1 Capital
Bladex successfully issued its first additional Tier 1 capital instrument, which was more than 3x oversubscribed, raising $200 million and strengthening the capital base to support high-value transactions.
Commercial Portfolio Growth
Commercial portfolio balances were stable quarter-over-quarter and up 12% year-over-year, driven by loan origination in Mexico, Guatemala, and Argentina.
Deposit Growth
Deposits rose 6% quarter-on-quarter and 21% year-on-year, reaching a record $6.8 billion, driven by corporate client deposits.
Strong Non-Interest Income Performance
Non-interest income was up 40% year-over-year, supported by strong activity in letters of credit and syndication and structuring teams.
Robust Asset Quality
Credit quality remains strong with 97% of total exposures classified as Stage 1 and non-performing loans near 0 at just 0.2% of total credit.
Record Credit Portfolio
Total credit portfolio reached $12.3 billion, a new all-time high, supported by growth across loans, contingencies, and investments.