Banco Latinoamericano de Exportaciones S.A. Sep 04
- ID: 2092304
- September 2004
- Standard & Poors
Preferred creditor status in most countries in the region Good liquidity levels Focus on less vulnerable trade finance operations, with deep knowledge in the market in which it operates Decreased operating revenues during the past three years Vulnerability to economic cycles in the region Still-high concentration of operations in risky markets Banco Latinoamericano de Exportaciones S.A.'s (Bladex) investment-grade ratings emphasize its institutional role in the Latin American region as a premier source of trade finance; its strong knowledge and relationships in its core market; the benefits derived from its shareholder base, particularly regional Central Banks; its ability to confront regional crises; and good liquidity management. The ratings are balanced by the sharp reduction of its balance sheet during the past...
Companies mentioned in this report are:
- Banco Latinoamericano de Comercio Exterior S.A.
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