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Banco Latinoamericano de Comercio Exterior SA BLX

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, engages in financing of foreign trade and economic integration in Latin America and the Caribbean. It operates through two segments, Commercial and Treasury. The company accepts deposits. It also offers products and services, such as origination of bilateral short- and medium-term loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, including issued and confirmed letters of credit, stand-by letters of credit, guarantees covering commercial risk, and other assets of customers’ liabilities under acceptances; and co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. In addition, the company is involved in investment management activities, including securities at fair value through other comprehensive income and amortized cost. It serves financial institutions...


NYSE:BLX - Post by User

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  • CHWBelieverX
Post by CHWBelieveron Nov 13, 2018 8:22pm
168 Views
Post# 28969294

Great Price

Great PriceThis is a solid looking equity, great metrics, generous quarterly dividend.

I recently bought shares at $16.44 when it took a beating after a big drop from $20 to $16 after they announced a $40 mio loss to the sugar industry in Brazil.  Despite this their finances are solid and their payout is generous.

Personally I believe everything is good about their future success.
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