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0.00353356890459369 0.00353356890459369 0.0141342756183746 0.00989399293286223 0.0109540636042404 0.00579858657243821 -0.00106007067137801 -0.00282685512367485
Stock impact report

Could This New Strategy Save Bladex? [The Motley Fool]

Banco Latinoamericano de Comercio Exterior, S.A. (BLX) 
Last banco latinoamericano de comercio exterior, s.a. earnings: 10/18 07:00 am Check Earnings Report
US:NYSE Investor Relations: bladex.com/en/investors
Company Research Source: The Motley Fool
Find out what the Panamanian bank is doing about falling revenue and profits. Most banks try to grow at all costs, even when that's exactly the wrong thing to do. Being too aggressive in extending credit during an economic boom can crush a lending institution when the good times end. With its extensive exposure to Central and South America as well as the Caribbean, Banco Latinoamericano de Comercio Exterior ( NYSE:BLX ) , also known as Bladex, knows all too well what can happen to financial institutions when regional economic growth suddenly reverses course. Coming into Friday's first-quarter financial report, Bladex shareholders were prepared to see modestly lower top- and bottom-line figures as the Panamanian bank continued to pursue a long-term strategy of finding the optimal size and quality for its loan portfolio. Yet the declines that Bladex suffered were more extensive than most had believed likely, and that called into question whether the bank's strategic vis Show less Read more
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