FOREIGN TRADE BANK OF LATIN AMERICA, INC.

Foreign Filer Report • Jun 22, 2010

6-K 1 v188802_6k.htm Licensed to: Vintage Filings Document Created using EDGARizer 4.0.6.4 Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of June, 2010

BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A.

(Exact name of Registrant as specified in its Charter)

FOREIGN TRADE BANK OF LATIN AMERICA, INC.

(Translation of Registrant’s name into English)

Calle 50 y Aquilino de la Guardia

P.O. Box 0819-08730

Panama City, Republic of Panama

(Address of Registrant’s Principal Executive Offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F x Form 40-F o

(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing information to the Commission pursuant to Rule 12g-3-2(b) under the Securities Exchange Act of 1934.)

Yes o No x

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b). 82__.)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

June 22 nd , 2010

| FOREIGN
TRADE BANK OF LATIN AMERICA, INC. |
| --- |
| By:
/s/ Pedro Toll |
| Name:
Pedro Toll |
| Title:
General Manager |

Nota: Los datos de esta información no son consolidados y excluyen la data de Bladex Asset Management Inc., Bladex Holdings Inc., Clavex S.A., Bladex Offshore Feeder Fund y Bladex Representacao Ltda.

BALANCE DE SITUACION BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A. DE DICIEMBRE 2009 A ABRIL 2010 (En Miles de Balboas) * 7 de junio de 2010

| Variación
Absoluta | % | Diciembre | Enero | Febrero | Marzo | Abril | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| ACTIVOS
LIQUIDOS | -48,560.55 | -11.44 | 424,385.05 | 374,588.34 | 362,034.09 | 348,592.24 | 375,824.51 |
| Depositos
Locales en Bancos | 6.56 | 24.20 | 27.09 | 39.99 | 255.66 | 175.37 | 33.65 |
| A la
Vista | 6.56 | 24.20 | 27.09 | 39.99 | 255.66 | 175.37 | 33.65 |
| A
Plazo | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depositos
Extranjeros en Bancos | -48,584.27 | -11.45 | 424,346.48 | 374,539.75 | 361,765.37 | 348,402.26 | 375,762.21 |
| A la
Vista | 1,415.73 | 0.69 | 204,346.48 | 148,139.75 | 202,865.37 | 178,702.26 | 205,762.21 |
| A
Plazo | -50,000.00 | -22.73 | 220,000.00 | 226,400.00 | 158,900.00 | 169,700.00 | 170,000.00 |
| Menos
Provisiones | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Locales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Extranjero | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Otros | 17.17 | 149.60 | 11.48 | 8.60 | 13.06 | 14.61 | 28.65 |
| CARTERA
CREDITICIA | 208,878.66 | 7.72 | 2,705,473.12 | 2,643,212.60 | 2,729,005.31 | 2,861,502.24 | 2,914,351.79 |
| Locales | 43,909.61 | 77.05 | 56,992.09 | 60,921.15 | 60,849.78 | 75,973.50 | 100,901.71 |
| Extranjero | 168,246.72 | 6.18 | 2,722,269.86 | 2,656,078.69 | 2,742,243.44 | 2,859,465.51 | 2,890,516.58 |
| Menos
Provisiones | 3,277.67 | 4.44 | 73,788.83 | 73,787.24 | 74,087.91 | 73,936.77 | 77,066.49 |
| Locales | 242.63 | 18.96 | 1,279.69 | 1,279.69 | 1,279.69 | 1,522.31 | 1,522.31 |
| Extranjero | 3,035.04 | 4.19 | 72,509.14 | 72,507.55 | 72,808.22 | 72,414.46 | 75,544.18 |
| INVERSIONES
EN VALORES | 681.84 | 0.11 | 614,353.92 | 613,396.08 | 616,501.74 | 615,159.60 | 615,035.76 |
| Locales | -68.00 | -0.16 | 43,776.00 | 43,586.00 | 43,960.00 | 43,572.00 | 43,708.00 |
| Extranjero | 749.84 | 0.13 | 570,577.92 | 569,810.08 | 572,541.74 | 571,587.60 | 571,327.76 |
| Menos
Provisiones | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Locales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Extranjero | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| OTROS
ACTIVOS | 513.71 | 1.07 | 47,859.85 | 47,659.41 | 50,759.94 | 41,892.90 | 48,373.56 |
| Locales | 250.80 | 6.73 | 3,726.64 | 4,053.24 | 4,311.42 | 466.14 | 3,977.44 |
| Extranjero | 262.91 | 0.60 | 44,133.21 | 43,606.17 | 46,448.52 | 41,426.76 | 44,396.12 |
| TOTAL
DE ACTIVOS | 161,513.67 | 4.26 | 3,792,071.95 | 3,678,856.42 | 3,758,301.07 | 3,867,146.98 | 3,953,585.61 |
| DEPOSITOS | 75,022.29 | 5.97 | 1,256,977.97 | 1,270,196.08 | 1,355,586.12 | 1,356,077.64 | 1,332,000.26 |
| Locales | 14,556.64 | 13.37 | 108,876.22 | 150,861.68 | 142,864.13 | 161,372.18 | 123,432.86 |
| Oficiales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| De
Particulares | 27,000.00 | 0.00 | 0.00 | 39,000.00 | 39,000.00 | 39,000.00 | 27,000.00 |
| A la
Vista | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| A
Plazo | 27,000.00 | 0.00 | 0.00 | 39,000.00 | 39,000.00 | 39,000.00 | 27,000.00 |
| De
Ahorros | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| De
Bancos | -12,443.36 | -11.43 | 108,876.22 | 111,861.68 | 103,864.13 | 122,372.18 | 96,432.86 |
| A la
Vista | 56.33 | 18.88 | 298.32 | 298.32 | 297.76 | 297.29 | 354.64 |
| A
Plazo | -12,499.69 | -11.51 | 108,577.90 | 111,563.37 | 103,566.36 | 122,074.90 | 96,078.22 |
| Extranjero | 60,465.65 | 5.27 | 1,148,101.75 | 1,119,334.40 | 1,212,722.00 | 1,194,705.45 | 1,208,567.40 |
| Oficiales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| De
Particulares | -16,108.85 | -87.82 | 18,343.29 | 2,365.51 | 2,180.82 | 2,317.37 | 2,234.44 |
| A la
Vista | -1,109.19 | -42.41 | 2,615.55 | 1,637.77 | 1,452.74 | 1,589.29 | 1,506.37 |
| A
Plazo | -14,999.66 | -95.37 | 15,727.74 | 727.74 | 728.08 | 728.08 | 728.08 |
| De
Ahorros | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| De
Bancos | 76,574.50 | 6.78 | 1,129,758.45 | 1,116,968.89 | 1,210,541.18 | 1,192,388.09 | 1,206,332.95 |
| A la
Vista | -15,030.24 | -30.55 | 49,193.30 | 39,660.25 | 44,172.37 | 35,748.27 | 34,163.06 |
| A
Plazo | 91,604.74 | 8.48 | 1,080,565.15 | 1,077,308.64 | 1,166,368.81 | 1,156,639.82 | 1,172,169.89 |
| OBLIGACIONES | 90,716.64 | 5.06 | 1,792,670.97 | 1,662,213.88 | 1,664,236.27 | 1,775,274.07 | 1,883,387.61 |
| Locales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 102.17 | 0.00 |
| Extranjero | 90,716.64 | 5.06 | 1,792,670.97 | 1,662,213.88 | 1,664,236.27 | 1,775,171.91 | 1,883,387.61 |
| OTROS
PASIVOS | -10,942.97 | -8.92 | 122,625.36 | 129,561.54 | 121,811.46 | 109,946.01 | 111,682.39 |
| Locales | -1,544.93 | -14.64 | 10,552.15 | 13,964.05 | 9,040.63 | 9,379.45 | 9,007.22 |
| Extranjero | -9,398.04 | -8.39 | 112,073.21 | 115,597.49 | 112,770.83 | 100,566.56 | 102,675.17 |
| PATRIMONIO | 6,717.71 | 1.08 | 619,797.64 | 616,884.91 | 616,667.23 | 625,849.26 | 626,515.36 |
| Capital | 1,230.02 | 0.43 | 285,198.77 | 285,340.34 | 285,484.56 | 285,959.89 | 286,428.79 |
| Reservas
de Capital | 0.00 | 0.00 | 95,210.15 | 95,210.15 | 95,210.15 | 95,210.15 | 95,210.15 |
| Otras
Reservas | -650.64 | 22.31 | -2,916.04 | -3,540.36 | -3,455.61 | -3,658.56 | -3,566.67 |
| Utilidad
de Periodos Anteriores | 32,863.11 | 15.86 | 207,188.27 | 245,548.79 | 240,066.95 | 240,060.46 | 240,051.38 |
| Utilidad
de Periodo | -26,734.49 | -69.69 | 38,360.52 | 2,932.30 | 4,432.91 | 10,934.82 | 11,626.04 |
| Ganancia
o Perdida en Valores Disponible para la venta | 9.70 | -0.30 | -3,244.03 | -8,606.32 | -5,071.75 | -2,657.50 | -3,234.33 |
| Deuda
Subordinada | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PASIVO
Y PATRIMONIO | 161,513.67 | 4.26 | 3,792,071.95 | 3,678,856.42 | 3,758,301.08 | 3,867,146.98 | 3,953,585.61 |

*La unidad monetaria es par y equivalentes con el US$ dólar.

Esta es una copia de la versión original, tomada de la publicación mensual de la Superintendencia de Bancos de Panamá.

(sitioweb: http://www.superbancos.gob.pa).

Nota: Los datos de esta información no son consolidados y excluyen la data de Bladex Asset Management Inc., Bladex Holdings Inc., Clavex S.A., Bladex Offshore Feeder Fund y Bladex Representacao Ltda.

BALANCE DE SITUACION BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A. DE DICIEMBRE 2009 A ABRIL 2010 (En Miles de Balboas) * 7 de junio de 2010

Mayo
ACTIVOS
LIQUIDOS
Depositos
Locales en Bancos
A la
Vista
A
Plazo
Depositos
Extranjeros en Bancos
A la
Vista
A
Plazo
Menos
Provisiones
Locales
Extranjero
Otros
CARTERA
CREDITICIA
Locales
Extranjero
Menos
Provisiones
Locales
Extranjero
INVERSIONES
EN VALORES
Locales
Extranjero
Menos
Provisiones
Locales
Extranjero
OTROS
ACTIVOS
Locales
Extranjero
TOTAL
DE ACTIVOS
DEPOSITOS
Locales
Oficiales
De
Particulares
A la
Vista
A
Plazo
De
Ahorros
De
Bancos
A la
Vista
A
Plazo
Extranjero
Oficiales
De
Particulares
A la
Vista
A
Plazo
De
Ahorros
De
Bancos
A la
Vista
A
Plazo
OBLIGACIONES
Locales
Extranjero
OTROS
PASIVOS
Locales
Extranjero
PATRIMONIO
Capital
Reservas
de Capital
Otras
Reservas
Utilidad
de Periodos Anteriores
Utilidad
de Periodo
Ganancia
o Perdida en Valores Disponible para la venta
Deuda
Subordinada
PASIVO
Y PATRIMONIO

*La unidad monetaria es par y equivalentes con el US$ dólar.

Esta es una copia de la versión original, tomada de la publicación mensual de la Superintendencia de Bancos de Panamá.

(sitioweb: http://www.superbancos.gob.pa).

Nota: Los datos de esta información no son consolidados y excluyen la data de Bladex Asset Management Inc., Bladex Holdings Inc., Clavex S.A., Bladex Offshore Feeder Fund y Bladex Representacao Ltda.

ESTADO DE RESULTADO BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A. DE DICIEMBRE 2009 A ABRIL 2010 (En Miles de Balboas) * 7 de junio de 2010

Diciembre	Enero	Febrero	Marzo	Abril	Mayo	Acumulado
Ingresos
Por Intereses	140,201.06	9,581.27	7,640.60	8,585.97	9,625.04	35,432.89
Préstamos	114,326.15	8,447.84	6,872.64	7,523.07	8,695.31	31,538.86
Depósitos	1,260.49	62.20	52.77	69.23	60.59	244.79
Inversiones	24,614.43	1,071.23	715.19	993.67	869.14	3,649.23
Arrendamiento
Financiero	0.00	0.00	0.00	0.00	0.00	0.00
Otros
Ingresos	0.00	0.00	0.00	0.00	0.00	0.00
Egresos
de Operaciones	74,969.79	3,752.81	3,269.58	3,568.97	3,350.71	13,942.07
Intereses
Pagados	74,886.82	3,745.36	3,261.10	3,558.69	3,343.68	13,908.83
Comisiones	82.97	7.45	8.48	10.28	7.03	33.24
Ingreso
Neto de Intereses	65,231.27	5,828.46	4,371.02	5,017.01	6,274.33	21,490.82
Otros
Ingresos	24,897.89	653.25	1,282.24	1,614.43	404.80	3,954.73
Comisiones	6,483.61	810.68	693.94	738.51	850.15	3,093.28
Operaciones
con Divisas	0.00	0.00	0.00	0.00	0.00	0.00
Dividendos	0.00	0.00	0.00	0.00	0.00	0.00
Otros
ingresos	18,414.28	-157.43	588.30	875.92	-445.34	861.45
Ingresos
de Operaciones	90,129.16	6,481.72	5,653.26	6,631.44	6,679.13	25,445.55
Egresos
Generales	36,937.77	3,549.42	3,851.97	3,896.92	2,858.20	14,156.51
Gastos
Administrativos	19,787.00	1,531.88	1,727.98	2,169.11	1,531.72	6,960.69
Gastos
Generales	4,116.70	337.38	325.02	527.35	267.18	1,456.93
Gastos
de Depreciación	2,559.40	215.34	217.00	217.35	195.02	844.72
Otros
Gastos	10,474.67	1,464.82	1,581.97	983.11	864.28	4,894.17
Utilidad
antes de Provisiones	53,191.39	2,932.30	1,801.29	2,734.52	3,820.94	11,289.04
Provisiones
por Cuentas Malas	14,830.87	0.00	300.67	-3,767.39	3,129.72	-336.99
Utilidad
del Periodo	38,360.52	2,932.30	1,500.61	6,501.91	691.21	11,626.04

*La unidad monetaria es par y equivalentes con el US$ dólar.

Esta es una copia de la versión original, tomada de la publicación mensual de la Superintendencia de Bancos de Panamá.

(sitioweb: http://www.superbancos.gob.pa).

Note: This information are unconsolidated figures and exclude the data for Bladex Asset Management Inc., Bladex Holdings Inc., Clavex S.A., Bladex Offshore Feeder Fund, and Bladex Representacao Ltda.

BALANCE SHEET BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A. DECEMBER 2009 - APRIL 2010 (In Thousand Balboas) * June 7, 2010

| Absolute
Variation | % | December | January | February | March | April | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| LIQUID
ASSETS | -48,560.55 | -11.44 | 424,385.05 | 374,588.34 | 362,034.09 | 348,592.24 | 375,824.51 |
| Local
Deposits in Banks | 6.56 | 24.20 | 27.09 | 39.99 | 255.66 | 175.37 | 33.65 |
| Demand | 6.56 | 24.20 | 27.09 | 39.99 | 255.66 | 175.37 | 33.65 |
| Time | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign
Deposits in Banks | -48,584.27 | -11.45 | 424,346.48 | 374,539.75 | 361,765.37 | 348,402.26 | 375,762.21 |
| Demand | 1,415.73 | 0.69 | 204,346.48 | 148,139.75 | 202,865.37 | 178,702.26 | 205,762.21 |
| Time | -50,000.00 | -22.73 | 220,000.00 | 226,400.00 | 158,900.00 | 169,700.00 | 170,000.00 |
| Less
Allowance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Local | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Others | 17.17 | 149.60 | 11.48 | 8.60 | 13.06 | 14.61 | 28.65 |
| CREDIT
PORTFOLIO | 208,878.66 | 7.72 | 2,705,473.12 | 2,643,212.60 | 2,729,005.31 | 2,861,502.24 | 2,914,351.79 |
| Local | 43,909.61 | 77.05 | 56,992.09 | 60,921.15 | 60,849.78 | 75,973.50 | 100,901.71 |
| Foreign | 168,246.72 | 6.18 | 2,722,269.86 | 2,656,078.69 | 2,742,243.44 | 2,859,465.51 | 2,890,516.58 |
| Less
Allowance | 3,277.67 | 4.44 | 73,788.83 | 73,787.24 | 74,087.91 | 73,936.77 | 77,066.49 |
| Local | 242.63 | 18.96 | 1,279.69 | 1,279.69 | 1,279.69 | 1,522.31 | 1,522.31 |
| Foreign | 3,035.04 | 4.19 | 72,509.14 | 72,507.55 | 72,808.22 | 72,414.46 | 75,544.18 |
| INVESTMENT
SECURITIES | 681.84 | 0.11 | 614,353.92 | 613,396.08 | 616,501.74 | 615,159.60 | 615,035.76 |
| Local | -68.00 | -0.16 | 43,776.00 | 43,586.00 | 43,960.00 | 43,572.00 | 43,708.00 |
| Foreign | 749.84 | 0.13 | 570,577.92 | 569,810.08 | 572,541.74 | 571,587.60 | 571,327.76 |
| Less
Allowance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Local | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| OTHER
ASSETS | 513.71 | 1.07 | 47,859.85 | 47,659.41 | 50,759.94 | 41,892.90 | 48,373.56 |
| Local | 250.80 | 6.73 | 3,726.64 | 4,053.24 | 4,311.42 | 466.14 | 3,977.44 |
| Foreign | 262.91 | 0.60 | 44,133.21 | 43,606.17 | 46,448.52 | 41,426.76 | 44,396.12 |
| TOTAL
ASSETS | 161,513.67 | 4.26 | 3,792,071.95 | 3,678,856.42 | 3,758,301.07 | 3,867,146.98 | 3,953,585.61 |
| DEPOSITS | 75,022.29 | 5.97 | 1,256,977.97 | 1,270,196.08 | 1,355,586.12 | 1,356,077.64 | 1,332,000.26 |
| Local | 14,556.64 | 13.37 | 108,876.22 | 150,861.68 | 142,864.13 | 161,372.18 | 123,432.86 |
| Government | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Customers | 27,000.00 | 0.00 | 0.00 | 39,000.00 | 39,000.00 | 39,000.00 | 27,000.00 |
| Demand | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Time | 27,000.00 | 0.00 | 0.00 | 39,000.00 | 39,000.00 | 39,000.00 | 27,000.00 |
| Savings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| From
Banks | -12,443.36 | -11.43 | 108,876.22 | 111,861.68 | 103,864.13 | 122,372.18 | 96,432.86 |
| Demand | 56.33 | 18.88 | 298.32 | 298.32 | 297.76 | 297.29 | 354.64 |
| Time | -12,499.69 | -11.51 | 108,577.90 | 111,563.37 | 103,566.36 | 122,074.90 | 96,078.22 |
| Foreign | 60,465.65 | 5.27 | 1,148,101.75 | 1,119,334.40 | 1,212,722.00 | 1,194,705.45 | 1,208,567.40 |
| Government | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Customers | -16,108.85 | -87.82 | 18,343.29 | 2,365.51 | 2,180.82 | 2,317.37 | 2,234.44 |
| Demand | -1,109.19 | -42.41 | 2,615.55 | 1,637.77 | 1,452.74 | 1,589.29 | 1,506.37 |
| Time | -14,999.66 | -95.37 | 15,727.74 | 727.74 | 728.08 | 728.08 | 728.08 |
| Savings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| From
Banks | 76,574.50 | 6.78 | 1,129,758.45 | 1,116,968.89 | 1,210,541.18 | 1,192,388.09 | 1,206,332.95 |
| Demand | -15,030.24 | -30.55 | 49,193.30 | 39,660.25 | 44,172.37 | 35,748.27 | 34,163.06 |
| Time | 91,604.74 | 8.48 | 1,080,565.15 | 1,077,308.64 | 1,166,368.81 | 1,156,639.82 | 1,172,169.89 |
| BORROWINGS | 90,716.64 | 5.06 | 1,792,670.97 | 1,662,213.88 | 1,664,236.27 | 1,775,274.07 | 1,883,387.61 |
| Local | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 102.17 | 0.00 |
| Foreign | 90,716.64 | 5.06 | 1,792,670.97 | 1,662,213.88 | 1,664,236.27 | 1,775,171.91 | 1,883,387.61 |
| OTHER
LIABILITIES | -10,942.97 | -8.92 | 122,625.36 | 129,561.54 | 121,811.46 | 109,946.01 | 111,682.39 |
| Local | -1,544.93 | -14.64 | 10,552.15 | 13,964.05 | 9,040.63 | 9,379.45 | 9,007.22 |
| Foreign | -9,398.04 | -8.39 | 112,073.21 | 115,597.49 | 112,770.83 | 100,566.56 | 102,675.17 |
| STOCKHOLDERS´
EQUITY | 6,717.71 | 1.08 | 619,797.64 | 616,884.91 | 616,667.23 | 625,849.26 | 626,515.36 |
| Capital | 1,230.02 | 0.43 | 285,198.77 | 285,340.34 | 285,484.56 | 285,959.89 | 286,428.79 |
| Capital
Reserves | 0.00 | 0.00 | 95,210.15 | 95,210.15 | 95,210.15 | 95,210.15 | 95,210.15 |
| Other
Reserves | -650.64 | 22.31 | -2,916.04 | -3,540.36 | -3,455.61 | -3,658.56 | -3,566.67 |
| Retained
Earnings | 32,863.11 | 15.86 | 207,188.27 | 245,548.79 | 240,066.95 | 240,060.46 | 240,051.38 |
| Net
Income | -26,734.49 | -69.69 | 38,360.52 | 2,932.30 | 4,432.91 | 10,934.82 | 11,626.04 |
| Gain
or Loss in Securities available for sale | 9.70 | -0.30 | -3,244.03 | -8,606.32 | -5,071.75 | -2,657.50 | -3,234.33 |
| Subordinated
Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES
AND STOCKHOLDER'S EQUITY | 161,513.67 | 4.26 | 3,792,071.95 | 3,678,856.42 | 3,758,301.08 | 3,867,146.98 | 3,953,585.61 |

*Monetary unit at par and equivalent with US$ dollars.

This is a translation from Spanish original version, taken from the monthly publication of the Superintendency of Banks of Panama

(website: http://www.superbancos.gob.pa).

Note: This information are unconsolidated figures and exclude the data for Bladex Asset Management Inc., Bladex Holdings Inc., Clavex S.A., Bladex Offshore Feeder Fund, and Bladex Representacao Ltda.

BALANCE SHEET BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A. DECEMBER 2009 - APRIL 2010 (In Thousand Balboas) * June 7, 2010

May
LIQUID
ASSETS
Local
Deposits in Banks
Demand
Time
Foreign
Deposits in Banks
Demand
Time
Less
Allowance
Local
Foreign
Others
CREDIT
PORTFOLIO
Local
Foreign
Less
Allowance
Local
Foreign
INVESTMENT
SECURITIES
Local
Foreign
Less
Allowance
Local
Foreign
OTHER
ASSETS
Local
Foreign
TOTAL
ASSETS
DEPOSITS
Local
Government
Customers
Demand
Time
Savings
From
Banks
Demand
Time
Foreign
Government
Customers
Demand
Time
Savings
From
Banks
Demand
Time
BORROWINGS
Local
Foreign
OTHER
LIABILITIES
Local
Foreign
STOCKHOLDERS´
EQUITY
Capital
Capital
Reserves
Other
Reserves
Retained
Earnings
Net
Income
Gain
or Loss in Securities available for sale
Subordinated
Debt
LIABILITIES
AND STOCKHOLDER'S EQUITY

*Monetary unit at par and equivalent with US$ dollars.

This is a translation from Spanish original version, taken from the monthly publication of the Superintendency of Banks of Panama

(website: http://www.superbancos.gob.pa).

Note: This information are unconsolidated figures and exclude the data for Bladex Asset Management Inc., Bladex Holdings Inc., Clavex S.A., Bladex Offshore Feeder Fund, and Bladex Representacao Ltda.

STATEMENT OF INCOME BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A. DECEMBER 2009 - APRIL 2010 (In Thousand Balboas) * June 7, 2010

| December | January | February | March | April | May | Year
to date |
| --- | --- | --- | --- | --- | --- | --- |
| Interest
Income | 140,201.06 | 9,581.27 | 7,640.60 | 8,585.97 | 9,625.04 | 35,432.89 |
| Loans | 114,326.15 | 8,447.84 | 6,872.64 | 7,523.07 | 8,695.31 | 31,538.86 |
| Deposits | 1,260.49 | 62.20 | 52.77 | 69.23 | 60.59 | 244.79 |
| Investments | 24,614.43 | 1,071.23 | 715.19 | 993.67 | 869.14 | 3,649.23 |
| Financial
Leases | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other
Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest
Expense | 74,969.79 | 3,752.81 | 3,269.58 | 3,568.97 | 3,350.71 | 13,942.07 |
| Interest | 74,886.82 | 3,745.36 | 3,261.10 | 3,558.69 | 3,343.68 | 13,908.83 |
| Commissions | 82.97 | 7.45 | 8.48 | 10.28 | 7.03 | 33.24 |
| Net
Interest Income | 65,231.27 | 5,828.46 | 4,371.02 | 5,017.01 | 6,274.33 | 21,490.82 |
| Other
Income | 24,897.89 | 653.25 | 1,282.24 | 1,614.43 | 404.80 | 3,954.73 |
| Commissions | 6,483.61 | 810.68 | 693.94 | 738.51 | 850.15 | 3,093.28 |
| Foreign
currency operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other
Income | 18,414.28 | -157.43 | 588.30 | 875.92 | -445.34 | 861.45 |
| Operating
Income | 90,129.16 | 6,481.72 | 5,653.26 | 6,631.44 | 6,679.13 | 25,445.55 |
| Operating
Expenses | 36,937.77 | 3,549.42 | 3,851.97 | 3,896.92 | 2,858.20 | 14,156.51 |
| Administrative
expenses | 19,787.00 | 1,531.88 | 1,727.98 | 2,169.11 | 1,531.72 | 6,960.69 |
| General
expenses | 4,116.70 | 337.38 | 325.02 | 527.35 | 267.18 | 1,456.93 |
| Depreciation | 2,559.40 | 215.34 | 217.00 | 217.35 | 195.02 | 844.72 |
| Other
expenses | 10,474.67 | 1,464.82 | 1,581.97 | 983.11 | 864.28 | 4,894.17 |
| Net
Income before provision for loan losses | 53,191.39 | 2,932.30 | 1,801.29 | 2,734.52 | 3,820.94 | 11,289.04 |
| Provision
for loan losses | 14,830.87 | 0.00 | 300.67 | -3,767.39 | 3,129.72 | -336.99 |
| Net
Income | 38,360.52 | 2,932.30 | 1,500.61 | 6,501.91 | 691.21 | 11,626.04 |

*Monetary unit at par and equivalent with US$ dollars.

This is a translation from Spanish original version, taken from the monthly publication of the Superintendency of Banks of Panama

(website: http://www.superbancos.gob.pa).