The Traderszone Network

Published in TZ Latest News 21 July, 2017 by The TZ Newswire Staff

Bladex Takes a Big Hit on Brazil’s Political Crisis

Banks around the world depend on strong business conditions to help them make profitable loans, and Banco Latinoamericano de Comercio Exterior (NYSE: BLX), also known as Bladex, has long sought to capture Latin America’s best opportunities from its centrally located headquarters in Panama. After a long slump throughout much of the region, a slight recovery in commodity prices during 2016 helped get Latin America back on track, and that had Bladex feeling more confident about its future.

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