Bladex Signs Cooperation Agreement with China Development Bank
May 18 2007 - 12:41PM
PR Newswire (US)
PANAMA CITY, May 18 /PRNewswire-FirstCall/ -- Banco Latinoamericano
de Exportaciones, S.A. ("Bladex") (NYSE:BLX), announced today the
signing of a Cooperation Agreement with the China Development Bank
("CDB") geared around developing common objectives and
opportunities with a focus on trade and infrastructure projects in
Latin America. Both banks will work together to identify sound
banking opportunities within each bank's areas of expertise, which
will contribute to sustained social and economic development,
including those related to infrastructure, utilities, the
environment, and the support of small and medium-sized business
programs. Mr. Zhao Jian Ping, Assistant Governor of the China
Development Bank, stated, "As a development financial institution,
CDB is looking forward to develop financial cooperation with local
government bodies, private companies and financial institutions in
Latin America. CDB is pleased to be part of the economic and social
development of Latin America, in addition to working with a
first-class institution such as Bladex." Mr. Jaime Rivera, Chief
Executive Officer of Bladex, stated, "Bladex is committed to
fostering trade and enhancing business flows between China and
Latin America as a means of fulfilling its commitment to the
well-being of our Region while adding significant value to our
company. To do so working in association with an institution as
important and prestigious as China Development Bank is an honor and
a special privilege." For further information, please access our
web site on the Internet at http://www.blx.com/ or contact: Bladex,
Head Office, Calle 50 y Aquilino de la Guardia, Panama City, Panama
Attention: Carlos Yap S., Senior Vice President - Finance Tel.:
(507) 210-8563, E-mail: -or- i-advize Corporate Communications,
Inc., 82 Wall Street, Suite 805, New York, NY 10005 Attention:
Melanie Carpenter / Peter Majeski Tel.: (212) 406-3690, E-mail:
DATASOURCE: Banco Latinoamericano de Exportaciones, S.A. CONTACT:
In Panama, Carlos Yap, Senior Vice President - Finance, Banco
Latinoamericano de Exportaciones, +011-507-210-8563, ; or Melanie
Carpenter or Peter Majeski, both of i-advize Corporate
Communications, Inc., +1-212-406-3690, or , for Banco
Latinoamericano de Exportaciones Web site: http://www.blx.com/
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