Bladex Announces Increased Quarterly Dividend Payment for Third Quarter 2010

Oct 12, 2010, 16:10 ET from Banco Latinoamericano de Comercio Exterior, S.A.

PANAMA CITY, Oct. 12 /PRNewswire-FirstCall/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE: BLX), announced today a quarterly cash dividend of US$0.17 per share corresponding to the third quarter of 2010.

During its meeting on October 12, 2010, the Bank's Board of Directors reaffirmed its commitment to a dividend policy that reflects the Bank's growing core business. In line with this policy, the quarterly common dividend was increased from $0.15 to $0.17 per share.  

The cash dividend is payable on November 1, 2010 to stockholders registered as of October 22, 2010.

As of September 30, 2010, Bladex had 36,689,901.09 common shares outstanding of all classes.

Bladex is a supranational bank originally established by the Central Banks of Latin America and Caribbean countries to promote trade finance in the Region. Based in Panama, its shareholders include central and state-owned entities in 23 countries of the Region, as well as Latin American and international commercial banks, and institutional and retail investors.  

For further information, please access our website on the Internet at www.bladex.com or contact:

Bladex, Head Office, Calle 50 y Aquilino de la Guardia, Panama, Republic of Panama

Attention:  Mr. Christopher Schech, Senior Vice President  & Chief Financial Officer

Tel.: (507) 210-8567, E-mail:  cschech@bladex.com

-or-

i-advize Corporate Communications, Inc., 82 Wall Street, Suite 805,

New York, NY  10005

Attention:  Ms. Melanie Carpenter or Mr. Peter Majeski

Tel.: (212) 406-3690, E-mail: bladex@i-advize.com

SOURCE Banco Latinoamericano de Comercio Exterior, S.A.



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