Reason for confidence:
As of March 31, 2025, 67% of total liquid assets
represented deposits placed with the Federal Reserve Bank of New
York (“FED”), and 23% of total liquid assets represented deposits
placed with highly rated U.S. banks.
The Bank obtains deposits from central banks, as well as from
multilaterals, commercial banks and corporations primarily located
in the Region. Total deposits amounted to $5,859 million at the end
of 1Q25 (+8% QoQ and +24% YoY), representing 57% of total
funding sources, compared to 52% a year ago, highlighting the
change in the funding structure towards increased reliance in
deposits.
As of March 31, 2025, the Bank’s Yankee CD program totaled $1,065
million, or 11% of total funding sources, providing granularity and complementing the short-term funding structure and long-standing
support from the Bank’s Class A shareholders (i.e.: central banks and
their designees), which represented 35% of total deposits at the end
of 1Q25. https://mcusercontent.com/6632e94d6daa1bdbf46f55a23/files/df5aa1c9-b39c-71c5-956c-82580004e8e7/PR1Q25_Eng_Full_Report.pdf**************************************************
About
Bladex:
Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region. The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, the United States of America, and a Representative License in Peru, supporting the regional expansion and servicing of its customer base, which includes financial institutions and corporations. Bladex is listed on the NYSE in the United States of America (NYSE: BLX), since 1992, and its shareholders include: central banks and state-owned banks and entities representing 23 Latin American countries, commercial banks and financial institutions, and institutional and retail investors through its public listing.
