Bladex Joins Russell 3000 Index
July 09 2007 - 4:11PM
PR Newswire (US)
PANAMA CITY, July 9 /PRNewswire-FirstCall/ -- Banco Latinoamericano
de Exportaciones, S.A. ("Bladex") (NYSE:BLX), a leading provider of
trade finance services for the Latin American and Caribbean region,
announced today that its stock was recently added to the
broad-market Russell 3000(R) Index according to the official
membership list posted on http://www.russell.com/. Membership in
the Russell 3000, which remains in place for one year, means
automatic inclusion in the large-cap Russell 1000(R) Index or in
the small-cap Russell 2000(R), as well as in the appropriate growth
and value style indexes. Russell determines membership for its
equity indexes primarily by objective, market-capitalization
rankings and style attributes. Russell indexes are widely used by
investment managers and institutional investors for index funds,
and as benchmarks for both passive and active investment
strategies. An industry-leading $4 trillion in assets are currently
benchmarked to them. "This is a major step in supporting the
liquidity of our stock, providing shareholders the opportunity to
invest in a proxy for the growth of our dynamic region," stated
Jaime Rivera, Chief Executive Officer of Bladex. About Russell
Russell Investment Group aims to improve financial security for
people by providing strategic advice, world-class implementation,
state-of-the-art performance benchmarks and a range of
institutional-quality investment products. With more than $200
billion in assets under management, Russell serves individual,
institutional and advisor clients in more than 40 countries.
Russell provides access to some of the world's best money managers.
It helps investors put this access to work in corporate defined
benefit and defined contribution plans, and in the life savings of
individual investors. Russell's indexes are unmanaged and cannot be
invested in directly. For more information on Russell indexes, go
to http://www.russell.com/. About Bladex Bladex is a supranational
bank originally established by the Central Banks of Latin American
and Caribbean countries to support trade finance in the Region.
Based in Panama, its shareholders include central banks and state-
owned entities in 23 countries in the Region, as well as Latin
American and international commercial banks, along with
institutional and retail investors. Through March 31, 2007, Bladex
had disbursed accumulated credits of over $146 billion. For further
information, please access Bladex 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: Carlos Yap S., Senior Vice President -
Finance, Banco Latinoamericano de Exportaciones, +011-507-210-8563,
; or Melanie Carpenter or Peter Majeski, i-advize Corporate
Communications, Inc., +1-212-406-3690, , for Bladex Web site:
http://www.blx.com/
Copyright
Banco Latinoamericano de... (NYSE:BLX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Banco Latinoamericano de... (NYSE:BLX)
Historical Stock Chart
From Jul 2023 to Jul 2024