Banco Latinoamericano De Comercio Exterior, S.A. Reports Non-Consolidated Earnings Results for the Month and Year to Date Ended November 2013
January 29, 2014 at 01:46 am IST
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Banco Latinoamericano De Comercio Exterior, S.A. reported non-consolidated earnings results for the month and year to date ended November 2013. For the month, the company reported interest income of PAB 15,924,330, net interest income of PAB 10,035,770, operating income of PAB 20,003,660, net income before provision for loan losses of PAB 7,568,080 and net income of PAB 7,568,080.
For the year to date, the company reported interest income of PAB 186,107,530, net interest income of PAB 112,041,240, operating income of PAB 251,606,380, net income before provision for loan losses of PAB 85,518,130 and net income of PAB 84,026,780.
Banco Latinoamericano de Comercio Exterior, S.A. (the Bank) is a specialized multinational bank. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The Company operates in two segments: Commercial and Treasury. The Bank's Commercial segment incorporates all of the Bank's financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits. The Bank's Treasury segment incorporates deposits in banks and all of the Bank's trading assets, securities available-for-sale and held-to-maturity, and the balance of the investment funds. The Bank serves a range of sectors, including oil and gas, agribusiness, food processing and manufacturing. Its products and services are categorized into three main areas: Financial Intermediation Business, Structuring and Syndications Business and Treasury.
BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S. A. 
