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Banco Latinoamericano Reports Strong Asset Growth in 2024

Story Highlights
  • Banco Latinoamericano operates in the foreign trade banking sector in Latin America.
  • The bank’s total assets grew significantly in 2024, indicating robust operational expansion.
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Banco Latinoamericano Reports Strong Asset Growth in 2024

Banco Latinoamericano De Comercio ( (BLX) ) has shared an update.

On February 27, 2025, Banco Latinoamericano de Comercio Exterior, S.A. released its unaudited condensed consolidated interim financial statements for the year ending December 31, 2024. The report highlights a significant increase in total assets from $10.74 billion in 2023 to $11.86 billion in 2024, driven by growth in loans and investment securities. This financial performance indicates a robust expansion in the bank’s operations, enhancing its position in the Latin American financial market and potentially benefiting its stakeholders.

More about Banco Latinoamericano De Comercio

Banco Latinoamericano de Comercio Exterior, S.A., also known as the Foreign Trade Bank of Latin America, Inc., operates in the financial industry focusing on foreign trade banking services. It is headquartered in Panama City, Republic of Panama, and provides a range of financial products and services to support trade and commerce in Latin America.

YTD Price Performance: 7.40%

Average Trading Volume: 118,447

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.31B

For a thorough assessment of BLX stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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