Bladex Signs Strategic Agreement with IFC

Bladex (NYSE: BLX) announced today the signing of a strategic agreement with the International Finance Corporation (IFC), a member of the World Bank Group.

Through this alliance, Bladex becomes part of IFC’s Global Trade Finance Program (GTFP), which will allow the Bank to continue expanding and strengthening its ability to structure efficient trade finance solutions. Under this agreement, Bladex will continue supporting financial institutions and corporates across Latin America and the Caribbean in their regional and international operations.

This initiative is aligned with Bladex’s strategy to further promote foreign trade as a driver of regional integration and economic growth, under rigorous prudential standards and with a strong focus on sustainability and financial discipline.

“IFC is a natural partner for Bladex given its development focus, international standards, and commitment to responsible banking. This alliance is built on shared values and a common vision of how to support trade in a sustainable manner across the region. It reflects the mutual trust between two institutions with complementary track records and aligned objectives,” said Jorge Salas, CEO of Bladex.

For her part, Ivana Fernandes Duarte, IFC’s Regional Manager for Central America, commented: “We are pleased to strengthen our relationship with Bladex through an agreement that will help expand the reach and impact of trade finance in Latin America and the Caribbean. This alliance reflects our commitment to working with solid financial institutions to stimulate economic growth and generate new employment opportunities in the region.”

The alliance expands Bladex’s access to a global network of counterparties and enhances its ability to mobilize resources toward trade finance operations, contributing to improved availability and competitiveness of credit in Latin America and the Caribbean.