FACT-MASTER
3 semanas hace
Yeah, what's with this market?
I won't mind seeing BLX depreciate a bit more, i was raising cash today, and looking to add more BLX.
sold out LTBR
sold out the rest of my beloved OZK common (not OZKAP - those are keepers), still like OZK, but something hasn't been sitting right with me about many things lately, the economy, hurricane damages, real estate, commercial real estate, the election, wars and rumours of war, high interest rate environment, etc.,, i'm just sensing that a volatile correction era could be coming, imo.
sold out all IMTX a while back.
Still like ESPR and TCRX in the biotech space.
Anything new in your world?
FACT-MASTER
1 mes hace
BLX: Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 3Q24 results
PRNewsfoto/Banco Latinoamericano de Comercio Exterior, S.A. (Bladex))
Date and time:
Wednesday, October 30, 2024
11:00 a.m. Eastern Time
Presenting for Bladex:
Mr. Jorge Salas, Chief Executive Officer
Mrs. Ana Graciela de Méndez, Chief Financial Officer
Register for the Conference Call
Please click here to pre-register for this conference call.
Bladex's Third Quarter 2024 Earnings Release will be announced on Tuesday, October 29, 2024, after the market closes and will be available on the Bank's corporate website, along with the webcast presentation.
About Bladex:
Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region. The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, the United States of America, and a Representative License in Peru, supporting the regional expansion and servicing of its customer base, which includes financial institutions and corporations.
Bladex is listed on the NYSE in the United States of America (NYSE: BLX), since 1992, and its shareholders include: central banks and state-owned banks and entities representing 23 Latin American countries, commercial banks and financial institutions, and institutional and retail investors through its public listing.
Contact Information:
Carlos Daniel Raad – Chief Investor Relations Officer
E-mail address: ir@bladex.com
Tel: +507 210-8563
https://finance.yahoo.com/news/bladexs-third-quarter-2024-conference-120000283.html
FACT-MASTER
4 meses hace
BLX: Bladex Continues its Expansion in the Mexican Market
PR Newswire
Mon, Jul 22, 2024, 5:55 PM CDT4 min read
In this article:
BLX
+0.94%
With more than 24 years of experience in Mexico, Banco Latinoamericano de Comercio Exterior (Bladex) is moving forward with its strategy to deepen its presence in the country. The expansion of its new offices, the strengthening of its commercial team and its annual disbursements of almost US$5 billion position Bladex as a key player in the growth of Mexican companies. Bladex has been listed on the New York Stock Exchange since 1992 and has been one of the most active issuers on the Mexican Stock Exchange for more than 12 years.
MEXICO CITY, July 22, 2024 /PRNewswire/ -- To strengthen its presence in the Mexican market, Banco Latinoamericano de Comercio Exterior (Bladex) has undertaken a series of activities to send a clear message of its commitment to the country.
Jorge Guemez – Country Manager of Bladex Mexico, Herminio Blanco - Treasurer of the Board, Miguel Heras - Chairman of the Board of Directors, Angélica Ruiz – Director of the Board, Mario Covo - Director of the Board and Jorge Salas - Chief Executive Officer.
Jorge Guemez – Country Manager of Bladex Mexico, Herminio Blanco - Treasurer of the Board, Miguel Heras - Chairman of the Board of Directors, Angélica Ruiz – Director of the Board, Mario Covo - Director of the Board and Jorge Salas - Chief Executive Officer.
Bladex is a multinational bank that began operations in 1979 with the purpose of promoting foreign trade and economic integration in the region. It has been listed on the New York Stock Exchange (symbol: BLX) since 1992 and its shareholders include central banks, banks, and government entities from 23 Latin American countries, as well as financial institutions, institutional investors and individuals.
For Bladex, Mexico represents nearly 15% of the bank's exposure and is the only country in which it maintains local currency loans, with significant growth in new business, syndications and disbursements, which currently exceed US$5 billion per year.
Miguel Heras, Chairman of Bladex's Board of Directors, emphasizes the bank's commitment to Mexico. "In its 5-year business plan, Bladex has chosen Mexico as a pillar of its growth in the region, strengthening its commercial teams and strategic alliances with partners. We have three Mexican directors on our Board of Directors and have established a strategic alliance with the country's development banks.
"Bladex has a clear strategic focus on growing in the coming years with each of our clients, supported by our shareholders and the enthusiasm of investors who see us as a solid institution with a great future."
In this sense, Bladex expects to grow steadily in Mexico in the coming years, based on its track record of more than 24 years in the country, over 12 years as an issuer on the Mexican Stock Exchange and a broad portfolio of clients from diverse productive sectors such as oil & gas, airlines, manufacturing, financial services and automotive, among others.
Bladex's Board of Directors met in Mexico City on July 15th for the inauguration of its new offices, an event that brought together important personalities from the Mexican business and financial sectors, a clear endorsement of the bank and its growth plan for the coming years in the country.
Jorge Salas, CEO of Bladex, emphasized that "The results of this joint commitment to the Mexican market are evident in the diversified loan portfolio, which has grown by 45% in the last 18 months, adding new clients in the construction, energy, finance, auto parts and project finance sectors, and achieving an all-time record in revenues for Bladex Mexico."
Bladex has completed significant transactions in the country, the most recent of which include leading the acquisition finance of Interceramic for US$665 million, the private securitization of Engen for US$150 million, assisting PEMEX in the refinancing of its US$8.3 billion debt, leading the acquisition finance of Trimex for US$300 million and participating in the first project finance in Mexico with ENGIE's Energía Mayakán, among others. Bladex has also been one of the top 10 most active issuers in the Mexican debt market in recent years.
Jorge Güémez, Country Manager of Bladex Mexico, commented: "Bladex remains firmly committed to helping Mexican companies and industries finance their growth, diversification and regional expansion through our extensive experience and knowledge of the region with names such as Lamosa, Trimex, Pemex, Cemex, etc. We also support the onboarding and expansion of Latin American clients in Mexico, including companies such as Carvajal, Bia Foods and Nubank, among others. The recent agreement with Banco Nacional de Comercio Exterior S.N.C. (Bancomext) will undoubtedly be a catalyst in achieving this goal.
"In addition, we are an active participant in the largest marketplace for vendor invoice discounting in Mexico. We have strengthened our commercial team, developed strategic partnerships, and actively collaborated with various Fintech platforms to expand and diversify our product offering and reach more clients and industries. Mexico has put its trust in Bladex and Bladex has trusted Mexico."
On July 24, Bladex will hold its traditional market call to present its second-quarter results. "We have had great support from investors and analysts who have begun to follow our performance and continue to recommend buying our stock," concluded Jorge Salas.
Contact:
Jorge Guemez – Country Manager of Bladex Mexico
E-mail address: jguemez@bladex.com
Tel: + 52 (55) 5280-0822
FACT-MASTER
4 meses hace
BLX: Bladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology Platform
PANAMA CITY, July 18, 2024 /PRNewswire/ -- Bladex - Banco Latinoamericano de Comercio Exterior (NYSE: BLX) and CGI (TSX: GIB.A
(NYSE: GIB), one of the world's largest independent business and IT consulting firms, announced an agreement for the implementation of the CGI Trade360 trade technology platform.
Bladex will become the first bank headquartered in Latin America to implement the CGI Trade360 platform, an award-winning software-as-a-service (SaaS) platform utilized by global banks to support trade finance in over 85 countries across Asia, Europe, North America, and Oceanias.
Jorge Salas, Chief Executive Officer of Bladex, emphasized that "At Bladex, we are committed to staying at the technological forefront to continue being a reference in the region.
"We appreciate the partnership with CGI and the future implementation of this powerful technology platform that will allow us to accelerate the deployment of digital solutions which constitutes an important milestone in our continuous service improvement strategy. In this way, we advance in our strategy as a benchmark bank in trade finance solutions in Latin America."
The implementation of CGI Trade360 at Bladex, delivered by CGI's U.S. and global delivery teams, will provide the infrastructure and support needed to improve the bank's regional and global trade business, optimize letter of credit processing, and significantly enhance working capital solutions as well as security and operational transparency. This will enable Bladex's corporate clients to manage their financial needs swiftly and accurately on a unified, integrated, and global platform.
"We look forward to our new partnership with Bladex, a bank with over 40 years of recognized experience in the region's trade finance," said Frank Tezzi, Vice-President, Consulting Services, Trade and Supply Chain Solutions at CGI. "With the implementation of CGI Trade360, Bladex joins the ranks of leading global banks leveraging our technology. Together, we are advancing Bladex's growth strategy and delivering the capabilities required to achieve its business objectives."
Mauricio Quintana, Senior Vice President of Trade Services Products at Bladex, added, "We continue to innovate in our commitment to offer an excellent user experience through a world-class platform that is easily accessible, integrates essential information in real-time, combined with the latest trade finance solutions."
CGI Trade360 supports more than 50 products in the areas of traditional trade, payables, receivables, cash management, and others. It delivers a powerful digital experience for bank clients, suppliers, and trade operations teams, while giving banks the ability to scale their trade business, both globally and regionally, with consistency and confidence. Learn more at cgi.com/cgitrade360.
About Bladex.
Bladex is one of the banking industry's references in foreign trade in Latin America and the Caribbean. Headquartered in Panama, Bladex is a multinational bank with a presence in several countries in Latin America and the Caribbean. Founded in 1979 to promote foreign trade financing and economic integration in the region, Bladex has been listed on the New York Stock Exchange for over three decades and the Mexican Stock Exchange for over 10 years. This presence has allowed Bladex to attract shareholders from central banks and state entities in 23 Latin American countries, as well as commercial banks, financial institutions, institutional investors, and individuals.
Bladex also has representative offices in Mexico, Argentina, Brazil, Colombia, and the United States of America, as well as a representative license in Peru, to support regional development and meet the needs of its diverse client base, which includes financial institutions and corporations.
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2023 reported revenue is (CA)$14.30 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).