Moody's Considers Bladex Upgrade

Moody's Considers Bladex Upgrade

Bonds Structured Finance

Moody's is looking into an upgrade for Banco Latinoamericano de Exportaciones' (Bladex) Baa3 deposit, debt, and issuer ratings and its D+ bank financial strength rating. The agency lauds the bank's "track record of increasing core profitability, earnings diversification, and improving asset quality, as well as management's new strategy to broaden its activities in trade finance and securities business in the Latin American and Caribbean regions." It adds that the addition of factoring, leasing,

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