Bladex Achieves Remarkable Growth in Third Quarter, Reaching New Heights in Commercial Portfolio and Deposits

Bladex Reports Third Quarter Results

On October 29, 2025, Bladex, officially known as Banco Latinoamericano de Comercio Exterior S.A. and listed on the New York Stock Exchange as NYSE: BLX, announced its achievements for the third quarter of 2025. This quarter marked significant milestones for the bank, especially in terms of growth in its Commercial Portfolio and deposits, reinforcing its strength in the market and its position as a key player in Latin America's financial landscape.

Bladex saw its Commercial Portfolio surge to an impressive $10.9 billion, reflecting a 12% increase year-over-year. This robust growth underscores Bladex's ability to cater to institutional and corporate clients across the region effectively. Alongside this growth, total deposits climbed to $6.8 billion, which is an extraordinary 21% higher compared to the last year, illustrating increased client trust and confidence in the bank's services.

Jorge Salas, the CEO of Bladex, commented, "These results confirm the strength of Bladex's business model, based on long-term relationships with institutional and corporate clients across the region, as well as on our ability to adapt to dynamic market conditions. We maintain efficient operational discipline, supported by digital transformation and more agile internal processes that align with best practices in the international financial sector."

One of the highlights of the quarter was Bladex's net profit, which reached $55.0 million. Although this represents a 14% decrease from the previous quarter, it signifies a 4% increase compared to the same period in 2024, showcasing resilience and adaptability in tough market conditions. The bank's Return on Equity (ROE) stood at a commendable 15%, a testament to its robust earnings and prudent risk management approach.

The growth in the Commercial Portfolio was primarily driven by strategic operations aligned with dynamic demand across key sectors in the region. Additionally, the total deposits reaching an all-time high reflects not only the bank's reliability but also its competitive financial solutions, which resonate well with its clients.

In further metrics, Bladex reported a net interest margin (NIM) of 2.32% for Q3 2025, aligning with the bank's guidance and showcasing resilience in its business model amid evolving financial conditions. The non-performing loan (NPL) ratio remained stable at a low 0.15%, indicating the bank’s strong asset quality and effective risk management policies.

The bank's capital position also remains robust following a landmark issuance of additional Tier 1 (AT1) capital in September. This transaction, which marked Bladex's debut in the capital markets using a hybrid instrument, is expected to optimize the bank's capital structure while ensuring compliance with local regulations and the Basel III framework. As a result, the Capital Adequacy Ratio increased to 15.8%, reflecting a solid improvement both quarter-over-quarter and year-over-year, while the Tier I Capital Ratio reached 18.1%.

Bladex's performance in Q3 2025 solidifies its reputation as a strategic partner for businesses in Latin America. The results are indicative of a business model that thrives on diversification, prudent risk management, and a commitment to fostering long-term relationships with clients. For more insights into their financial performance, visit their official website at www.bladex.com.

About Bladex:
Founded in 1979 by the central banks of Latin America and the Caribbean, Bladex aims to promote trade finance and economic integration in the region. With its headquarters in Panama and representative offices across several Latin American countries, the bank offers a wide range of financial solutions tailored to the needs of institutions and corporations. Since its listing on the New York Stock Exchange in 1992, Bladex has maintained a strong presence in the financial sector of Latin America.