Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
May 05 2021 - 04:14PM
Edgar (US Regulatory)
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 May, 2021
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: May 5, 2021
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FOREIGN TRADE BANK OF LATIN AMERICA, INC.
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(Registrant)
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By: /s/ Ana Graciela de Méndez
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Name: Ana Graciela de Méndez
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Title: CFO
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Bladex Announces Up To $60,000,000 Common Stock
Repurchase Plan
Panama City, Republic of Panama, May 5, 2021
- Banco Latinoamericano de Comercio Exterior, S.A. (“Bladex” or the “Bank”), today announced that its Board of
Directors has authorized a repurchase program of up to $60 million of the Bank’s common stock.
The repurchase program is intended to comply with
Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended (“Rule 10b-18”). Purchases under the repurchase
program will be made in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means
in compliance with Rule 10b-18. However, the Bank has no obligation to repurchase shares and the timing, actual number, and value of shares
to be repurchased is subject to management’s discretion and will depend on the Bank’s capital position, liquidity, financial
performance and alternative uses of capital, stock trading price, regulatory requirements and other market conditions. The Bank may, in
the sole discretion of its Board of Directors, terminate the repurchase program at any time while it is in effect.
Forward-Looking Statements
This document includes certain "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's
current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations
due to changes in global political, economic, business, competitive, market and regulatory factors. More detailed information about those
factors is contained in Bladex's most recent reports filed on Form 20-F with, and furnished on Form 6-K to, the Securities and Exchange
Commission, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ
from those contained in the forward-looking statements. Bladex disclaims any intent or obligation to update these forward-looking statements.
About Bladex
Bladex, a multinational bank originally established
by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration
in the Region. The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, the United States of America,
and a Representative License in Peru, supporting the regional expansion and servicing of its customer base, which includes financial institutions
and corporations.
Bladex is listed on the NYSE in the United States
of America (NYSE: BLX), since 1992, and its shareholders include: central banks and state-owned banks and entities representing 23 Latin
American countries, commercial banks and financial institutions, and institutional and retail investors through its public listing.
For further information on Bladex, please access
its website at www.bladex.com or contact:
Monica Cosulich - SVP, Finance and Investor Relations
E-mail address: ir@bladex.com.
Tel.: (+507) 210-8563
Head Office Address: Torre V, Business Park, Ave. La Rotonda, Urb.
Costa del Este,
Panama, Republic of Panama
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