BLX Description: Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, engages in promoting foreign trade finance in Latin America and the Caribbean. It operates in two segments, Commercial and Treasury. It offers short and medium-term bilateral, collateral-backed, short and medium term trade, and pre-export financing structured loans; and discounting of notes, cross-border leasing, pre- and post-export financing, import financing, letters of credit, standby documentary credits, guarantees, irrevocable reimbursement undertakings, bankers’ acceptance, vendor finance, and ECA-backed financing services. The company also provides working capital financing solutions, such as short and medium-term loans, collateral-backed bilateral loans, leases, and vendor finance solutions; and medium and long-term syndicated loans, primary market syndication, financing for acquisitions, A/B loans financing with multilateral agencies, bridge loans, and structures for liability management. In addition, it offers trade-related and working capital financing solutions for banks, as well as medium and large-size corporations engaged in foreign trade; debt capital market and deposit products for investment and cash flow optimization, as well as treasury services. Further, it is involved in the derivative and hedging activities. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S.A. in June 2009. Banco Latinoamericano de Comercio Exterior, S.A. was founded in 1977 and is headquartered in Panama, Republic of Panama. |