Brief: Banco Latinoamericano De Comercio Exterior Reports Q2 Earnings Per Share Of $0.56

Bladex

19/07/2019 12:18

July 19 (Reuters) - Banco Latinoamericano de Comercio
Exterior SA  BLX.N :
    * BLADEX ANNOUNCES PROFIT FOR THE SECOND QUARTER 2019 OF
$22.3
MILLION, OR $0.56 PER SHARE; HALF-YEAR 2019 PROFIT OF $43.5
MILLION, OR $1.10 PER SHARE
    * Q2 EARNINGS PER SHARE $0.56
    * QTRLY NET INTEREST INCOME $27.9 MILLION VERSUS $27.9
MILLION
    * GROWTH EXPECTATION FOR 2019 IS NOW CLOSER TO 1% RANGE FOR
LATIN
AMERICA
    * APPOINTED MIGUEL HERAS CASTRO, AS NEW CHAIRMAN ON JULY 16
    * N. GABRIEL TOLCHINSKY STEPPED DOWN AS DIRECTOR OF BANK,
WILL
CONTINUE TO SERVE AS CEO
    * APPOINTED ISELA COSTANTINI AS NEW DIRECTOR
    * FURTHER GROWTH DECELERATION IN BOTH EUROPE AND CHINA
CONTINUES
TO MAKE U.S. DOLLAR ATTRACTIVE
    * BANCO LATINOAMERICANO DE COMERCIO - WITH LOWER FUND FLOWS
TO
LATIN AMERICA, SAGGING INVESTMENT IN KEY COUNTRIES HAS BECOME
DRAG ON REGION'S ECONOMIC GROWTH
    * BLADEX'S GROWTH EXPECTATION FOR 2019 IS NOW CLOSER TO 1%
RANGE
FOR LATIN AMERICA
    * CONTINUE TO BELIEVE THAT CURRENT MACROECONOMIC CONTEXT
OFFERS NO
ROOM FOR COMPLACENCY

Source text for Eikon:  ID:nPn9vNN4sa 
Further company coverage:  BLX.N 

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