Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

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 November 2020

Commission File Number 1-11414

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)

Business Park Torre V, Ave. La Rotonda, Costa del Este

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 ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ¨ No x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ¨ No x

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, thereunto duly authorized.

Date: November 2, 2020

	FOREIGN TRADE BANK OF LATIN AMERICA, INC.
	(Registrant)

By:

/s/ Ana Graciela de Méndez

	Name:	Ana Graciela de Méndez
	Title:	CFO

NOTE: THE FINANCIAL INFORMATION INCLUDED IN THIS FORM 6-K HAS BEEN PREPARED ON A NON-CONSOLIDATED BASIS AND EXCLUDES FINANCIAL INFORMATION FOR BLADEX HOLDINGS INC., BLADEX REPRESENTACAO LTDA., BLX SOLUCIONES S.A. DE C.V., AND BLADEX DEVELOPMENT CORP., AS REQUIRED BY THE LAWS AND REGULATIONS APPLICABLE TO BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A. ("BLADEX") IN PANAMA, COUNTRY OF INCORPORATION WHERE BLADEX IS REGULATED AS A BANK WITH A GENERAL LICENSE . WE PROVIDE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS IN OUR ANNUAL REPORT ON FORM 20-F FOR EACH FISCAL YEAR. THE NON-CONSOLIDATED FINANCIAL INFORMATION CONTAINED HEREIN MAY DIFFER MATERIALLY FROM OUR CONSOLIDATED FINANCIAL RESULTS FOR THE SAME PERIOD.

BALANCE SHEET
BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A.
DECEMBER 2019 - AUGUST 2020
(In Thousand Balboas) *

SEPTEMBER 17th 2020

			2019	2020
	Absolute Variation	%	December	January	February	March	April	May	June	July	August	September	October	November	December
LIQUID ASSETS	452,191.22	38.38	1,178,102.69	806,564.33	787,575.93	1,352,454.10	1,752,294.38	1,944,268.09	2,020,868.70	1,562,022.51	1,630,293.90	0.00	0.00	0.00	0.00
Local Deposits in Banks	10,228.98	268.21	3,813.73	2,694.33	2,460.12	1,870.09	6,300.51	5,800.22	9,324.75	11,122.64	14,042.72	0.00	0.00	0.00	0.00
Demand	10,228.98	268.21	3,813.73	2,694.33	2,460.12	1,870.09	6,300.51	5,800.22	9,324.75	11,122.64	14,042.72	0.00	0.00	0.00	0.00
Time	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Foreign Deposits in Banks	441,962.23	37.64	1,174,288.95	803,870.00	785,115.82	1,350,584.01	1,745,993.87	1,938,467.87	2,011,543.96	1,550,899.87	1,616,251.19	0.00	0.00	0.00	0.00
Demand	161,962.23	14.03	1,154,288.95	773,870.00	785,115.82	1,335,584.01	1,525,993.87	1,683,467.87	1,901,543.96	1,230,899.87	1,316,251.19	0.00	0.00	0.00	0.00
Time	280,000.00	1,400.00	20,000.00	30,000.00	0.00	15,000.00	220,000.00	255,000.00	110,000.00	320,000.00	300,000.00	0.00	0.00	0.00	0.00
Less Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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	0.00	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Others	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CREDIT PORTFOLIO	-1,362,413.61	-23.51	5,795,068.99	5,754,346.14	5,400,694.77	5,239,096.26	4,746,348.42	4,631,226.68	4,440,119.22	4,419,822.21	4,432,655.38	0.00	0.00	0.00	0.00
Local	-12,936.10	-2.67	484,382.39	531,005.85	481,731.33	487,342.99	467,822.53	460,761.53	487,703.95	519,327.24	471,446.29	0.00	0.00	0.00	0.00
Foreign	-1,411,724.36	-26.10	5,408,614.70	5,324,246.20	5,014,729.46	4,850,144.55	4,372,506.15	4,263,120.07	3,997,849.18	3,943,702.98	3,996,890.34	0.00	0.00	0.00	0.00
Less Allowance	-62,246.85	-63.56	97,928.11	100,905.90	95,766.02	98,391.28	93,980.27	92,654.91	45,433.91	43,208.02	35,681.26	0.00	0.00	0.00	0.00
Local	-2,274.73	-42.34	5,372.96	5,475.27	5,066.93	5,277.29	5,221.92	5,212.42	5,398.39	5,325.98	3,098.23	0.00	0.00	0.00	0.00
Foreign	-59,972.11	-64.80	92,555.14	95,430.63	90,699.09	93,113.99	88,758.34	87,442.49	40,035.51	37,882.04	32,583.03	0.00	0.00	0.00	0.00
INVESTMENT SECURITIES	68,207.17	69.59	98,012.22	86,426.36	88,675.54	95,754.47	92,796.76	92,734.70	110,007.86	132,424.93	166,219.39	0.00	0.00	0.00	0.00
Local	-23,654.94	-65.34	36,204.94	27,983.34	30,210.62	37,502.64	34,494.82	34,489.41	31,130.78	29,819.04	12,550.00	0.00	0.00	0.00	0.00
Foreign	92,033.39	148.63	61,919.92	58,528.79	58,555.30	58,357.37	58,401.69	58,345.08	79,080.06	102,903.72	153,953.30	0.00	0.00	0.00	0.00
Less Allowance	171.28	152.07	112.63	85.78	90.38	105.54	99.74	99.80	202.98	297.82	283.91	0.00	0.00	0.00	0.00
Local	-25.35	-34.85	72.75	56.09	60.61	75.67	69.78	69.88	84.68	82.22	47.40	0.00	0.00	0.00	0.00
Foreign	196.63	493.02	39.88	29.69	29.78	29.87	29.96	29.92	118.31	215.60	236.52	0.00	0.00	0.00	0.00
OTHER ASSETS	-42,006.02	-20.79	202,031.86	133,888.98	138,006.45	157,770.51	159,634.12	112,013.63	77,313.41	101,288.59	160,025.84	0.00	0.00	0.00	0.00
Local	411.29	1.31	31,337.37	34,728.07	47,918.74	39,743.44	36,986.94	53,297.47	29,449.83	30,736.32	31,748.67	0.00	0.00	0.00	0.00
Foreign	-42,417.31	-24.85	170,694.48	99,160.91	90,087.71	118,027.08	122,647.18	58,716.16	47,863.58	70,552.27	128,277.17	0.00	0.00	0.00	0.00
TOTAL ASSETS	-884,021.25	-12.15	7,273,215.76	6,781,225.81	6,414,952.68	6,845,075.34	6,751,073.68	6,780,243.10	6,648,309.19	6,215,558.24	6,389,194.51	0.00	0.00	0.00	0.00
DEPOSITS	279,354.28	9.67	2,888,335.96	2,781,054.46	2,539,723.30	2,467,595.96	2,258,527.09	2,806,169.49	2,886,215.40	2,867,020.75	3,167,690.24	0.00	0.00	0.00	0.00
Local	80,255.53	14.63	548,668.62	535,032.44	492,353.79	505,959.89	502,898.85	526,674.58	562,169.09	554,995.33	628,924.15	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Customers	119,470.97	68.21	175,162.63	175,361.29	175,137.09	195,136.54	199,348.28	206,659.13	221,617.56	214,626.76	294,633.60	0.00	0.00	0.00	0.00
Demand	6,100.82	3,751.43	162.63	361.29	137.09	136.54	137.64	6,458.92	6,260.15	6,261.94	6,263.45	0.00	0.00	0.00	0.00
Time	113,370.15	64.78	175,000.00	175,000.00	175,000.00	195,000.00	199,210.64	200,200.21	215,357.40	208,364.81	288,370.15	0.00	0.00	0.00	0.00
Savings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
From Banks	-39,215.44	-10.50	373,505.99	359,671.15	317,216.69	310,823.36	303,550.58	320,015.45	340,551.53	340,368.58	334,290.55	0.00	0.00	0.00	0.00
Demand	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Time	-39,215.44	-10.50	373,505.99	359,671.15	317,216.69	310,823.36	303,550.58	320,015.45	340,551.53	340,368.58	334,290.55	0.00	0.00	0.00	0.00
Foreign	199,098.75	8.51	2,339,667.34	2,246,022.02	2,047,369.52	1,961,636.06	1,755,628.24	2,279,494.91	2,324,046.31	2,312,025.41	2,538,766.10	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Customers	184,968.79	150.47	122,923.52	190,142.61	192,225.06	271,177.53	255,754.58	238,154.26	267,915.95	271,553.21	307,892.31	0.00	0.00	0.00	0.00
Demand	5,381.86	1,467.03	366.86	2,421.85	1,557.20	965.64	375.06	645.05	5,383.29	383.70	5,748.72	0.00	0.00	0.00	0.00
Time	179,586.93	146.53	122,556.66	187,720.76	190,667.86	270,211.88	255,379.52	237,509.22	262,532.66	271,169.51	302,143.59	0.00	0.00	0.00	0.00
Savings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
From Banks	14,129.96	0.64	2,216,743.83	2,055,879.41	1,855,144.45	1,690,458.54	1,499,873.66	2,041,340.65	2,056,130.36	2,040,472.20	2,230,873.79	0.00	0.00	0.00	0.00
Demand	239,581.64	281.01	85,256.29	149,887.00	167,532.86	301,339.69	119,189.12	203,493.64	270,042.01	211,749.38	324,837.93	0.00	0.00	0.00	0.00
Time	-225,451.68	-10.58	2,131,487.53	1,905,992.42	1,687,611.59	1,389,118.84	1,380,684.54	1,837,847.00	1,786,088.34	1,828,722.82	1,906,035.86	0.00	0.00	0.00	0.00
BORROWINGS	-1,146,917.34	-36.08	3,178,656.94	2,858,067.02	2,721,586.24	3,190,769.05	3,285,142.62	2,854,741.41	2,637,493.66	2,209,652.76	2,031,739.60	0.00	0.00	0.00	0.00
Local	-602.55	-3.22	18,686.00	18,611.96	18,538.29	18,461.09	18,388.47	18,316.54	18,240.46	18,162.12	18,083.45	0.00	0.00	0.00	0.00
Foreign	-1,146,314.79	-36.28	3,159,970.94	2,839,455.05	2,703,047.95	3,172,307.96	3,266,754.15	2,836,424.86	2,619,253.20	2,191,490.65	2,013,656.15	0.00	0.00	0.00	0.00
OTHER LIABILITIES	-28,623.36	-15.89	180,156.70	111,465.13	127,279.45	158,355.56	180,655.92	84,635.82	91,639.60	108,471.16	151,533.34	0.00	0.00	0.00	0.00
Local	1,159.76	9.05	12,815.50	18,021.01	30,189.63	14,123.44	24,559.16	14,242.93	14,385.14	23,560.31	13,975.26	0.00	0.00	0.00	0.00
Foreign	-29,783.13	-17.80	167,341.21	93,444.12	97,089.82	144,232.13	156,096.76	70,392.89	77,254.47	84,910.86	137,558.08	0.00	0.00	0.00	0.00
STOCKHOLDERS´ EQUITY	12,165.17	1.19	1,026,066.15	1,030,639.20	1,026,363.69	1,028,354.78	1,026,748.05	1,034,696.38	1,032,960.53	1,030,413.56	1,038,231.33	0.00	0.00	0.00	0.00
Capital	1,167.86	0.34	340,533.55	340,683.71	340,843.03	341,017.98	341,154.03	341,295.18	341,421.93	341,562.18	341,701.41	0.00	0.00	0.00	0.00
Capital Reserves	0.00	0.00	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	0.00	0.00	0.00	0.00
Other Reserves	-3,679.71	-2.75	133,878.72	133,973.23	133,498.32	132,868.63	132,904.11	133,024.74	132,799.88	132,462.48	130,199.01	0.00	0.00	0.00	0.00
Dynamic Provision	0.00	0.00	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	0.00	0.00	0.00	0.00
Other Reserves	-3,679.71	171.96	-2,139.85	-2,045.35	-2,520.26	-3,149.94	-3,114.47	-2,993.84	-3,218.70	-3,556.10	-5,819.57	0.00	0.00	0.00	0.00
Retained Earnings	50,575.57	13.66	370,231.58	456,101.29	440,854.41	440,854.41	430,950.90	430,950.90	430,725.14	420,807.15	420,807.15	0.00	0.00	0.00	0.00
Net Income	-35,812.57	-41.54	86,203.44	4,645.89	15,977.93	18,411.28	26,618.91	34,298.90	32,896.52	40,451.93	50,390.86	0.00	0.00	0.00	0.00
Gain or Loss in Securities available for sale	-85.97	-986.78	8.71	24.93	-20.16	-7.68	-90.05	-83.50	-93.09	-80.32	-77.26	0.00	0.00	0.00	0.00
Subordinated Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LIABILITIES AND STOCKHOLDER'S EQUITY	-884,021.25	-12.15	7,273,215.76	6,781,225.81	6,414,952.68	6,845,075.34	6,751,073.68	6,780,243.10	6,648,309.19	6,215,558.24	6,389,194.51	0.00	0.00	0.00	0.00

*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).

INCOME STATEMENT
BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A.
DECEMBER 2019 - AUGUST 2020
(In Thousand Balboas) *

SEPTEMBER 17th 2020

	2019	2020
	December	January	February	March	April	May	June	July	August	September	October	November	December	Year to date
Interest Income	273,632.27	21,504.60	19,261.51	18,223.17	15,641.44	15,032.98	13,832.77	13,849.52	13,297.60	0.00	0.00	0.00	0.00	130,643.58
Loans	253,418.32	20,165.72	18,199.47	17,524.65	15,173.45	14,485.18	13,255.70	13,225.33	12,781.83	0.00	0.00	0.00	0.00	124,811.32
Deposits	17,004.65	1,113.92	868.26	477.29	246.96	324.77	344.09	322.75	315.47	0.00	0.00	0.00	0.00	4,013.51
Investments	3,209.30	224.96	193.78	221.24	221.04	223.03	232.98	301.43	200.29	0.00	0.00	0.00	0.00	1,818.75
Financial Leases	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	164,905.73	12,409.94	10,777.73	10,076.26	9,135.98	7,386.76	6,390.67	6,343.89	5,303.56	0.00	0.00	0.00	0.00	67,824.81
Interest	164,154.92	12,378.43	10,751.75	10,056.09	9,099.36	7,358.05	6,325.32	6,311.32	5,232.59	0.00	0.00	0.00	0.00	67,512.91
Commissions	750.81	31.51	25.98	20.18	36.63	28.71	65.35	32.56	70.97	0.00	0.00	0.00	0.00	311.90
Net Interest Income	108,726.54	9,094.65	8,483.78	8,146.91	6,505.46	7,646.22	7,442.09	7,505.63	7,994.03	0.00	0.00	0.00	0.00	62,818.77
Other Income	120,860.44	4,807.56	12,768.17	36,817.60	11,827.81	18,740.17	17,236.24	23,830.95	10,626.91	0.00	0.00	0.00	0.00	136,655.40
Commissions	16,371.03	1,384.41	912.10	852.47	557.36	674.33	838.56	964.26	935.75	0.00	0.00	0.00	0.00	7,119.24
Foreign currency operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	104,489.41	3,423.15	11,856.07	35,965.13	11,270.45	18,065.84	16,397.69	22,866.69	9,691.16	0.00	0.00	0.00	0.00	129,536.16
Operating Income	229,586.98	13,902.21	21,251.95	44,964.51	18,333.27	26,386.38	24,678.34	31,336.58	18,620.94	0.00	0.00	0.00	0.00	199,474.17
Operating Expenses	142,953.07	6,707.47	14,933.99	40,155.29	14,925.52	20,300.90	22,293.12	25,399.73	12,136.34	0.00	0.00	0.00	0.00	156,852.35
Administrative expenses	27,210.02	2,030.98	2,053.72	3,531.86	2,288.01	1,462.33	1,342.88	1,803.18	1,664.01	0.00	0.00	0.00	0.00	16,176.97
General expenses	6,001.00	316.58	367.42	349.90	303.28	442.35	481.18	481.76	170.16	0.00	0.00	0.00	0.00	2,912.64
Depreciation	3,297.85	283.37	286.54	294.06	278.36	187.24	263.69	262.24	253.78	0.00	0.00	0.00	0.00	2,109.28
Other expenses	106,444.20	4,076.53	12,226.31	35,979.46	12,055.86	18,208.97	20,205.38	22,852.56	10,048.38	0.00	0.00	0.00	0.00	135,653.46
Net Income before provision for loan losses	86,633.90	7,194.74	6,317.96	4,809.22	3,407.75	6,085.49	2,385.21	5,936.85	6,484.60	0.00	0.00	0.00	0.00	42,621.82
Provision for loan losses	430.47	2,548.85	-5,014.07	2,375.87	-4,799.88	-1,594.51	3,787.59	-1,618.56	-3,454.33	0.00	0.00	0.00	0.00	-7,769.04
Net Income	86,203.44	4,645.89	11,332.04	2,433.35	8,207.63	7,680.00	-1,402.38	7,555.40	9,938.94	0.00	0.00	0.00	0.00	50,390.86

*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).

NOTA: LA INFORMACION INCLUIDA EN EL PRESENTE REPORTE 6-K FUE PREPARADA EN UNA BASE NO CONSOLIDADA Y EXCLUYE LA INFORMACION FINANCIERA DE BLADEX HOLDINGS INC., BLADEX REPRESENTACAO LTDA., BLX SOLUCIONES S.A. DE C.V., Y BLADEX DEVELOPMENT CORP., SEGUN LO EXIGIDO POR LAS LEYES Y REGULACIONES A LAS CUALES ESTAMOS SUJETOS EN PANAMA, EL PAIS DONDE LA SOCIEDAD SE ENCUENTRA CONSTITUIDA Y DONDE ESTAMOS REGULADOS COMO UNA INSTITUCION FINANCIERA. PROPORCIONAMOS LOS ESTADOS FINANCIEROS ANUALES CONSOLIDADOS EN EL REPORTE 20-F QUE SE PRESENTA PARA CADA AÑO FISCAL ANTE EL SECURITIES AND EXCHANGE COMMISSION. LA INFORMACION FINANCIERA NO CONSOLIDADA CONTENIDA EN EL PRESENTE PODRA SER SUBSTANCIALMENTE DIFERENTE DE NUESTROS RESULTADOS FINANCIEROS CONSOLIDADOS PARA EL MISMO PERIODO.

BALANCE DE SITUACION
BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A.
DE DICIEMBRE 2019 A AGOSTO 2020
(En Miles de Balboas) *

17 DE SEPTIEMBRE 2020

			2019	2020
	Variación Absoluta	%	Diciembre	Enero	Febrero	Marzo	Abril	Mayo	Junio	Julio	Agosto	Septiembre	Octubre	Noviembre	Diciembre
ACTIVOS LIQUIDOS	452,191.22	38.38	1,178,102.69	806,564.33	787,575.93	1,352,454.10	1,752,294.38	1,944,268.09	2,020,868.70	1,562,022.51	1,630,293.90	0.00	0.00	0.00	0.00
Depósitos Locales en Bancos	10,228.98	268.21	3,813.73	2,694.33	2,460.12	1,870.09	6,300.51	5,800.22	9,324.75	11,122.64	14,042.72	0.00	0.00	0.00	0.00
A la Vista	10,228.98	268.21	3,813.73	2,694.33	2,460.12	1,870.09	6,300.51	5,800.22	9,324.75	11,122.64	14,042.72	0.00	0.00	0.00	0.00
A Plazo	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depósitos Extranjeros en Bancos	441,962.23	37.64	1,174,288.95	803,870.00	785,115.82	1,350,584.01	1,745,993.87	1,938,467.87	2,011,543.96	1,550,899.87	1,616,251.19	0.00	0.00	0.00	0.00
A la Vista	161,962.23	14.03	1,154,288.95	773,870.00	785,115.82	1,335,584.01	1,525,993.87	1,683,467.87	1,901,543.96	1,230,899.87	1,316,251.19	0.00	0.00	0.00	0.00
A Plazo	280,000.00	1400.00	20,000.00	30,000.00	0.00	15,000.00	220,000.00	255,000.00	110,000.00	320,000.00	300,000.00	0.00	0.00	0.00	0.00
Menos Provisiones	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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	0.00	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Otros	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CARTERA CREDITICIA	-1,362,413.61	-23.51	5,795,068.99	5,754,346.14	5,400,694.77	5,239,096.26	4,746,348.42	4,631,226.68	4,440,119.22	4,419,822.21	4,432,655.38	0.00	0.00	0.00	0.00
Locales	-12,936.10	-2.67	484,382.39	531,005.85	481,731.33	487,342.99	467,822.53	460,761.53	487,703.95	519,327.24	471,446.29	0.00	0.00	0.00	0.00
Extranjero	-1,411,724.36	-26.10	5,408,614.70	5,324,246.20	5,014,729.46	4,850,144.55	4,372,506.15	4,263,120.07	3,997,849.18	3,943,702.98	3,996,890.34	0.00	0.00	0.00	0.00
Menos Provisiones	-62,246.85	-63.56	97,928.11	100,905.90	95,766.02	98,391.28	93,980.27	92,654.91	45,433.91	43,208.02	35,681.26	0.00	0.00	0.00	0.00
Locales	-2,274.73	-42.34	5,372.96	5,475.27	5,066.93	5,277.29	5,221.92	5,212.42	5,398.39	5,325.98	3,098.23	0.00	0.00	0.00	0.00
Extranjero	-59,972.11	-64.80	92,555.14	95,430.63	90,699.09	93,113.99	88,758.34	87,442.49	40,035.51	37,882.04	32,583.03	0.00	0.00	0.00	0.00
INVERSIONES EN VALORES	68,207.17	69.59	98,012.22	86,426.36	88,675.54	95,754.47	92,796.76	92,734.70	110,007.86	132,424.93	166,219.39	0.00	0.00	0.00	0.00
Locales	-23,654.94	-65.34	36,204.94	27,983.34	30,210.62	37,502.64	34,494.82	34,489.41	31,130.78	29,819.04	12,550.00	0.00	0.00	0.00	0.00
Extranjero	92,033.39	148.63	61,919.92	58,528.79	58,555.30	58,357.37	58,401.69	58,345.08	79,080.06	102,903.72	153,953.30	0.00	0.00	0.00	0.00
Menos Provisiones	171.28	152.07	112.63	85.78	90.38	105.54	99.74	99.80	202.98	297.82	283.91	0.00	0.00	0.00	0.00
Locales	-25.35	-34.85	72.75	56.09	60.61	75.67	69.78	69.88	84.68	82.22	47.40	0.00	0.00	0.00	0.00
Extranjero	196.63	493.02	39.88	29.69	29.78	29.87	29.96	29.92	118.31	215.60	236.52	0.00	0.00	0.00	0.00
OTROS ACTIVOS	-42,006.02	-20.79	202,031.86	133,888.98	138,006.45	157,770.51	159,634.12	112,013.63	77,313.41	101,288.59	160,025.84	0.00	0.00	0.00	0.00
Locales	411.29	1.31	31,337.37	34,728.07	47,918.74	39,743.44	36,986.94	53,297.47	29,449.83	30,736.32	31,748.67	0.00	0.00	0.00	0.00
Extranjero	-42,417.31	-24.85	170,694.48	99,160.91	90,087.71	118,027.08	122,647.18	58,716.16	47,863.58	70,552.27	128,277.17	0.00	0.00	0.00	0.00
TOTAL DE ACTIVOS	-884,021.25	-12.15	7,273,215.76	6,781,225.81	6,414,952.68	6,845,075.34	6,751,073.68	6,780,243.10	6,648,309.19	6,215,558.24	6,389,194.51	0.00	0.00	0.00	0.00
DEPOSITOS	279,354.28	9.67	2,888,335.96	2,781,054.46	2,539,723.30	2,467,595.96	2,258,527.09	2,806,169.49	2,886,215.40	2,867,020.75	3,167,690.24	0.00	0.00	0.00	0.00
Locales	80,255.53	14.63	548,668.62	535,032.44	492,353.79	505,959.89	502,898.85	526,674.58	562,169.09	554,995.33	628,924.15	0.00	0.00	0.00	0.00
Oficiales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
De Particulares	119,470.97	68.21	175,162.63	175,361.29	175,137.09	195,136.54	199,348.28	206,659.13	221,617.56	214,626.76	294,633.60	0.00	0.00	0.00	0.00
A la Vista	6,100.82	3751.43	162.63	361.29	137.09	136.54	137.64	6,458.92	6,260.15	6,261.94	6,263.45	0.00	0.00	0.00	0.00
A Plazo	113,370.15	64.78	175,000.00	175,000.00	175,000.00	195,000.00	199,210.64	200,200.21	215,357.40	208,364.81	288,370.15	0.00	0.00	0.00	0.00
De Ahorros	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
De Bancos	-39,215.44	-10.50	373,505.99	359,671.15	317,216.69	310,823.36	303,550.58	320,015.45	340,551.53	340,368.58	334,290.55	0.00	0.00	0.00	0.00
A la Vista	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
A Plazo	-39,215.44	-10.50	373,505.99	359,671.15	317,216.69	310,823.36	303,550.58	320,015.45	340,551.53	340,368.58	334,290.55	0.00	0.00	0.00	0.00
Extranjero	199,098.75	8.51	2,339,667.34	2,246,022.02	2,047,369.52	1,961,636.06	1,755,628.24	2,279,494.91	2,324,046.31	2,312,025.41	2,538,766.10	0.00	0.00	0.00	0.00
Oficiales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
De Particulares	184,968.79	150.47	122,923.52	190,142.61	192,225.06	271,177.53	255,754.58	238,154.26	267,915.95	271,553.21	307,892.31	0.00	0.00	0.00	0.00
A la Vista	5,381.86	1467.03	366.86	2,421.85	1,557.20	965.64	375.06	645.05	5,383.29	383.70	5,748.72	0.00	0.00	0.00	0.00
A Plazo	179,586.93	146.53	122,556.66	187,720.76	190,667.86	270,211.88	255,379.52	237,509.22	262,532.66	271,169.51	302,143.59	0.00	0.00	0.00	0.00
De Ahorros	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
De Bancos	14,129.96	0.64	2,216,743.83	2,055,879.41	1,855,144.45	1,690,458.54	1,499,873.66	2,041,340.65	2,056,130.36	2,040,472.20	2,230,873.79	0.00	0.00	0.00	0.00
A la Vista	239,581.64	281.01	85,256.29	149,887.00	167,532.86	301,339.69	119,189.12	203,493.64	270,042.01	211,749.38	324,837.93	0.00	0.00	0.00	0.00
A Plazo	-225,451.68	-10.58	2,131,487.53	1,905,992.42	1,687,611.59	1,389,118.84	1,380,684.54	1,837,847.00	1,786,088.34	1,828,722.82	1,906,035.86	0.00	0.00	0.00	0.00
OBLIGACIONES	-1,146,917.34	-36.08	3,178,656.94	2,858,067.02	2,721,586.24	3,190,769.05	3,285,142.62	2,854,741.41	2,637,493.66	2,209,652.76	2,031,739.60	0.00	0.00	0.00	0.00
Locales	-602.55	-3.22	18,686.00	18,611.96	18,538.29	18,461.09	18,388.47	18,316.54	18,240.46	18,162.12	18,083.45	0.00	0.00	0.00	0.00
Extranjero	-1,146,314.79	-36.28	3,159,970.94	2,839,455.05	2,703,047.95	3,172,307.96	3,266,754.15	2,836,424.86	2,619,253.20	2,191,490.65	2,013,656.15	0.00	0.00	0.00	0.00
OTROS PASIVOS	-28,623.36	-15.89	180,156.70	111,465.13	127,279.45	158,355.56	180,655.92	84,635.82	91,639.60	108,471.16	151,533.34	0.00	0.00	0.00	0.00
Locales	1,159.76	9.05	12,815.50	18,021.01	30,189.63	14,123.44	24,559.16	14,242.93	14,385.14	23,560.31	13,975.26	0.00	0.00	0.00	0.00
Extranjero	-29,783.13	-17.80	167,341.21	93,444.12	97,089.82	144,232.13	156,096.76	70,392.89	77,254.47	84,910.86	137,558.08	0.00	0.00	0.00	0.00
PATRIMONIO	12,165.17	1.19	1,026,066.15	1,030,639.20	1,026,363.69	1,028,354.78	1,026,748.05	1,034,696.38	1,032,960.53	1,030,413.56	1,038,231.33	0.00	0.00	0.00	0.00
Capital	1,167.86	0.34	340,533.55	340,683.71	340,843.03	341,017.98	341,154.03	341,295.18	341,421.93	341,562.18	341,701.41	0.00	0.00	0.00	0.00
Reservas de Capital	0.00	0.00	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	95,210.15	0.00	0.00	0.00	0.00
Otras Reservas	-3,679.71	-2.75	133,878.72	133,973.23	133,498.32	132,868.63	132,904.11	133,024.74	132,799.88	132,462.48	130,199.01	0.00	0.00	0.00	0.00
Provisiones Dinámicas	0.00	0.00	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	136,018.57	0.00	0.00	0.00	0.00
Otras Reservas	-3,679.71	171.96	-2,139.85	-2,045.35	-2,520.26	-3,149.94	-3,114.47	-2,993.84	-3,218.70	-3,556.10	-5,819.57	0.00	0.00	0.00	0.00
Utilidad de Periodos Anteriores	50,575.57	13.66	370,231.58	456,101.29	440,854.41	440,854.41	430,950.90	430,950.90	430,725.14	420,807.15	420,807.15	0.00	0.00	0.00	0.00
Utilidad de Periodo	-35,812.57	-41.54	86,203.44	4,645.89	15,977.93	18,411.28	26,618.91	34,298.90	32,896.52	40,451.93	50,390.86	0.00	0.00	0.00	0.00
Ganancia o Perdida en Valores Disponible para la venta	-85.97	-986.78	8.71	24.93	-20.16	-7.68	-90.05	-83.50	-93.09	-80.32	-77.26	0.00	0.00	0.00	0.00
Deuda Subordinada	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PASIVO Y PATRIMONIO	-884,021.25	-12.15	7,273,215.76	6,781,225.81	6,414,952.68	6,845,075.34	6,751,073.68	6,780,243.10	6,648,309.19	6,215,558.24	6,389,194.51	0.00	0.00	0.00	0.00

*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: LA INFORMACION INCLUIDA EN EL PRESENTE REPORTE 6-K FUE PREPARADA EN UNA BASE NO CONSOLIDADA Y EXCLUYE LA INFORMACION FINANCIERA DE BLADEX HOLDINGS INC., BLADEX REPRESENTACAO LTDA., BLX SOLUCIONES S.A DE C.V., BLADEX DEVELOPMENT CORP., SEGUN LO EXIGIDO POR LAS LEYES Y REGULACIONES A LAS CUALES ESTAMOS SUJETOS EN PANAMA, EL PAIS DONDE LA SOCIEDAD SE ENCUENTRA CONSTITUIDA Y DONDE ESTAMOS REGULADOS COMO UNA INSTITUCION FINANCIERA. PROPORCIONAMOS LOS ESTADOS FINANCIEROS ANUALES CONSOLIDADOS EN EL REPORTE 20-F QUE SE PRESENTA PARA CADA AÑO FISCAL ANTE EL SECURITIES AND EXCHANGE COMMISSION. LA INFORMACION FINANCIERA NO CONSOLIDADA CONTENIDA EN EL PRESENTE PODRA SER SUBSTANCIALMENTE DIFERENTE DE NUESTROS RESULTADOS FINANCIEROS CONSOLIDADOS PARA EL MISMO PERIODO.

ESTADO DE RESULTADO
BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A.
DE DICIEMBRE 2019 A AGOSTO 2020
(En Miles de Balboas) *

17 DE SEPTIEMBRE 2020

	2019		2020
	Diciembre		Enero		Febrero		Marzo		Abril		Mayo		Junio		Julio		Agosto		Septiembre		Octubre		Noviembre		Diciembre		Acumulado
Ingresos Por Intereses		273,632.27		21,504.60		19,261.51		18,223.17		15,641.44		15,032.98		13,832.77		13,849.52		13,297.60		0.00		0.00		0.00		0.00		130,643.58
Préstamos		253,418.32		20,165.72		18,199.47		17,524.65		15,173.45		14,485.18		13,255.70		13,225.33		12,781.83		0.00		0.00		0.00		0.00		124,811.32
Depósitos		17,004.65		1,113.92		868.26		477.29		246.96		324.77		344.09		322.75		315.47		0.00		0.00		0.00		0.00		4,013.51
Inversiones		3,209.30		224.96		193.78		221.24		221.04		223.03		232.98		301.43		200.29		0.00		0.00		0.00		0.00		1,818.75
Arrendamiento Financiero		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		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		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Egresos de Operaciones		164,905.73		12,409.94		10,777.73		10,076.26		9,135.98		7,386.76		6,390.67		6,343.89		5,303.56		0.00		0.00		0.00		0.00		67,824.81
Intereses Pagados		164,154.92		12,378.43		10,751.75		10,056.09		9,099.36		7,358.05		6,325.32		6,311.32		5,232.59		0.00		0.00		0.00		0.00		67,512.91
Comisiones		750.81		31.51		25.98		20.18		36.63		28.71		65.35		32.56		70.97		0.00		0.00		0.00		0.00		311.90
Ingreso Neto de Intereses		108,726.54		9,094.65		8,483.78		8,146.91		6,505.46		7,646.22		7,442.09		7,505.63		7,994.03		0.00		0.00		0.00		0.00		62,818.77
Otros Ingresos		120,860.44		4,807.56		12,768.17		36,817.60		11,827.81		18,740.17		17,236.24		23,830.95		10,626.91		0.00		0.00		0.00		0.00		136,655.40
Comisiones		16,371.03		1,384.41		912.10		852.47		557.36		674.33		838.56		964.26		935.75		0.00		0.00		0.00		0.00		7,119.24
Operaciones con Divisas		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		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		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Otros ingresos		104,489.41		3,423.15		11,856.07		35,965.13		11,270.45		18,065.84		16,397.69		22,866.69		9,691.16		0.00		0.00		0.00		0.00		129,536.16
Ingresos de Operaciones		229,586.98		13,902.21		21,251.95		44,964.51		18,333.27		26,386.38		24,678.34		31,336.58		18,620.94		0.00		0.00		0.00		0.00		199,474.17
Egresos Generales		142,953.07		6,707.47		14,933.99		40,155.29		14,925.52		20,300.90		22,293.12		25,399.73		12,136.34		0.00		0.00		0.00		0.00		156,852.35
Gastos Administrativos		27,210.02		2,030.98		2,053.72		3,531.86		2,288.01		1,462.33		1,342.88		1,803.18		1,664.01		0.00		0.00		0.00		0.00		16,176.97
Gastos Generales		6,001.00		316.58		367.42		349.90		303.28		442.35		481.18		481.76		170.16		0.00		0.00		0.00		0.00		2,912.64
Gastos de Depreciación		3,297.85		283.37		286.54		294.06		278.36		187.24		263.69		262.24		253.78		0.00		0.00		0.00		0.00		2,109.28
Otros Gastos		106,444.20		4,076.53		12,226.31		35,979.46		12,055.86		18,208.97		20,205.38		22,852.56		10,048.38		0.00		0.00		0.00		0.00		135,653.46
Utilidad antes de Provisiones		86,633.90		7,194.74		6,317.96		4,809.22		3,407.75		6,085.49		2,385.21		5,936.85		6,484.60		0.00		0.00		0.00		0.00		42,621.82
Provisiones por Cuentas Malas		430.47		2,548.85		-5,014.07		2,375.87		-4,799.88		-1,594.51		3,787.59		-1,618.56		-3,454.33		0.00		0.00		0.00		0.00		-7,769.04
Utilidad del Periodo		86,203.44		4,645.89		11,332.04		2,433.35		8,207.63		7,680.00		-1,402.38		7,555.40		9,938.94		0.00		0.00		0.00		0.00		50,390.86