SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 6-K


Report of Foreign Private Issuer
Pursuant to Rule 13a-16 Or 15d-16 Of The
Securities Exchange Act of 1934


For the month of January, 2008


BANCO LATINOAMERICANO DE EXPORTACIONES, S.A.
(Exact name of Registrant as specified in its Charter)

LATIN AMERICAN EXPORT BANK
(Translation of Registrant’s name into English)

 
Calle 50 y Aquilino de la Guardia
Apartado 0819-08730
El Dorado, 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 o


(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing information to the Commission pursuant to Rule 12g-3-2(b) under the Securities Exchange Act of 1934.)

Yes o No x

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b). 82__.)


 
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, thereto duly authorized.


January 4, 2008
 
Banco Latinoamericano de Exportaciones, S.A.
   
   
   
 
By: /s/ Pedro Toll
 
 
 
Name: Pedro Toll
 
Title: Deputy Manager
 

 
27 de Diciembre de 2007
 
BANCO LATINOAMERICANO DE EXPORTACIONES
BALANCE DE SITUACIÓN DE DICIEMBRE 2006 Y ENERO - NOVIEMBRE 2007
(En Balboas)
 
   
 
 
 
 
2006
 
2007
 
Descripción
 
Absoluta
 
%
 
Diciembre
 
Enero
 
Febrero
 
Marzo
 
Abril
 
Mayo
 
ACTIVOS LIQUIDOS
   
27,222,082.49
   
8.96
   
303,650,422.83
   
216,202,094.20
   
242,982,598.61
   
229,046,233.80
   
122,698,746.25
   
208,986,133.47
 
Depositos Locales en Bancos
   
616,310.71
   
354.42
   
173,891.04
   
171,541.89
   
211,225.69
   
198,143.77
   
164,062.71
   
162,204.31
 
A la Vista
   
616,310.71
   
354.42
   
173,891.04
   
171,541.89
   
211,225.69
   
198,143.77
   
164,062.71
   
162,204.31
 
A Plazo
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Depositos Extranjeros en Bancos
   
26,543,299.30
   
8.75
   
303,465,330.82
   
216,015,706.64
   
242,755,699.36
   
228,836,963.32
   
122,369,664.85
   
208,813,623.54
 
A la Vista
   
2,543,299.30
   
56.96
   
4,465,330.82
   
2,715,706.64
   
1,255,699.36
   
30,836,963.32
   
1,769,664.85
   
1,313,623.54
 
A Plazo
   
24,000,000.00
   
8.03
   
299,000,000.00
   
213,300,000.00
   
241,500,000.00
   
198,000,000.00
   
120,600,000.00
   
207,500,000.00
 
Menos Provisiones
   
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
 
Extranjero
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Otros
   
62,472.48
   
557.74
   
11,200.97
   
14,845.67
   
15,673.56
   
11,126.71
   
165,018.69
   
10,305.62
 
CARTERA CREDITICIA
   
732,886,661.27
   
25.02
   
2,929,506,047.77
   
3,036,256,324.76
   
3,027,768,900.81
   
3,245,204,307.99
   
3,206,861,456.42
   
3,196,112,772.51
 
Locales
   
13,955,209.56
   
7.20
   
193,815,776.27
   
190,803,578.31
   
185,116,953.31
   
158,897,133.10
   
141,613,868.24
   
150,123,300.86
 
Extranjero
   
740,288,961.33
   
26.56
   
2,786,955,793.50
   
2,896,713,920.80
   
2,893,913,101.85
   
3,142,920,079.84
   
3,121,860,493.13
   
3,102,571,114.20
 
Menos Provisiones
   
21,357,509.62
   
41.66
   
51,265,522.00
   
51,261,174.35
   
51,261,154.35
   
56,612,904.95
   
56,612,904.95
   
56,581,642.55
 
Locales
   
435.92
   
0.05
   
911,727.70
   
911,727.70
   
911,727.70
   
811,234.26
   
811,234.26
   
779,971.86
 
Extranjero
   
21,357,073.70
   
42.41
   
50,353,794.30
   
50,349,446.65
   
50,349,426.65
   
55,801,670.69
   
55,801,670.69
   
55,801,670.69
 
INVERSIONES EN VALORES
   
-103,698,068.83
   
-17.95
   
577,658,363.67
   
391,817,270.05
   
380,907,417.40
   
632,092,664.10
   
307,221,604.46
   
298,088,861.31
 
Locales
   
40,355,262.44
   
202.56
   
19,922,400.00
   
19,804,200.00
   
20,027,600.00
   
20,085,000.00
   
20,043,400.00
   
19,836,600.00
 
Extranjero
   
-144,053,331.27
   
-25.83
   
557,735,963.67
   
372,013,070.05
   
360,879,817.40
   
612,007,664.10
   
287,178,204.46
   
278,252,261.31
 
Menos Provisiones
   
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
 
Extranjero
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
OTROS ACTIVOS
   
16,903,451.90
   
14.36
   
117,717,130.43
   
116,329,379.94
   
97,215,886.49
   
78,834,911.65
   
68,502,497.68
   
70,730,858.41
 
Locales
   
-14,095,164.74
   
-80.02
   
17,614,809.32
   
20,511,965.87
   
10,276,743.98
   
5,315,339.04
   
5,574,415.85
   
2,523,285.04
 
Extranjero
   
30,998,616.64
   
30.97
   
100,102,321.11
   
95,817,414.07
   
86,939,142.51
   
73,519,572.61
   
62,928,081.83
   
68,207,573.37
 
TOTAL DE ACTIVOS
   
673,314,126.83
   
17.14
   
3,928,531,964.70
   
3,760,605,068.95
   
3,748,874,803.31
   
4,185,178,117.54
   
3,705,284,304.81
   
3,773,918,625.70
 
DEPOSITOS
   
287,323,043.05
   
27.19
   
1,056,674,083.42
   
1,169,378,225.85
   
1,222,705,231.77
   
1,380,142,876.22
   
1,283,560,136.96
   
1,286,109,030.56
 
Locales
   
31,692,190.22
   
22.55
   
140,528,292.38
   
151,114,593.65
   
149,223,722.63
   
188,400,415.96
   
195,234,364.45
   
209,426,258.81
 
Oficiales
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
De Particulares
   
0.00
   
0.00
   
0.00
   
0.00
   
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
 
A Plazo
   
0.00
   
0.00
   
0.00
   
0.00
   
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
 
De Bancos
   
31,692,190.22
   
22.55
   
140,528,292.38
   
151,114,593.65
   
149,223,722.63
   
188,400,415.96
   
195,234,364.45
   
209,426,258.81
 
A la Vista
   
3,538,955.70
   
28.56
   
12,390,382.81
   
9,751,662.28
   
13,366,002.78
   
10,542,777.13
   
9,856,408.16
   
7,495,530.19
 
A Plazo
   
28,153,234.52
   
21.97
   
128,137,909.57
   
141,362,931.37
   
135,857,719.85
   
177,857,638.83
   
185,377,956.29
   
201,930,728.62
 
Extranjero
   
255,630,852.83
   
27.90
   
916,145,791.04
   
1,018,263,632.20
   
1,073,481,509.14
   
1,191,742,460.26
   
1,088,325,772.51
   
1,076,682,771.75
 
Oficiales
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
De Particulares
   
21,305,396.79
   
56.30
   
37,843,681.20
   
98,076,330.45
   
99,415,948.70
   
100,671,771.92
   
102,886,296.40
   
101,494,940.09
 
A la Vista
   
-557,103.21
   
-27.63
   
2,016,181.20
   
2,248,830.45
   
1,738,448.70
   
1,744,271.92
   
2,258,796.40
   
3,867,440.09
 
A Plazo
   
21,862,500.00
   
61.02
   
35,827,500.00
   
95,827,500.00
   
97,677,500.00
   
98,927,500.00
   
100,627,500.00
   
97,627,500.00
 
De Ahorros
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
De Bancos
   
234,325,456.04
   
26.68
   
878,302,109.84
   
920,187,301.75
   
974,065,560.44
   
1,091,070,688.34
   
985,439,476.11
   
975,187,831.66
 
A la Vista
   
-52,237,673.98
   
-44.22
   
118,120,039.83
   
82,782,206.23
   
95,490,878.75
   
90,198,396.99
   
44,057,196.58
   
91,161,295.26
 
A Plazo
   
286,563,130.02
   
37.70
   
760,182,070.01
   
837,405,095.52
   
878,574,681.69
   
1,000,872,291.35
   
941,382,279.53
   
884,026,536.40
 
OBLIGACIONES
   
361,997,228.53
   
16.79
   
2,156,397,179.46
   
1,881,473,358.26
   
1,831,833,854.46
   
2,128,903,579.48
   
1,752,199,110.42
   
1,815,010,696.69
 
Locales
   
0.00
   
0.00
   
30,000,000.00
   
30,000,000.00
   
31,868,459.90
   
30,000,000.00
   
30,000,000.00
   
30,000,000.00
 
Extranjero
   
361,997,228.53
   
17.02
   
2,126,397,179.46
   
1,851,473,358.26
   
1,799,965,394.56
   
2,098,903,579.48
   
1,722,199,110.42
   
1,785,010,696.69
 
OTROS PASIVOS
   
13,943,887.48
   
10.74
   
129,840,855.71
   
120,909,042.64
   
102,899,898.91
   
86,564,035.26
   
74,537,253.46
   
73,908,965.33
 
Locales
   
-19,181,133.24
   
-78.57
   
24,411,519.37
   
11,702,379.03
   
10,338,688.73
   
8,310,708.32
   
5,536,711.21
   
6,037,289.13
 
Extranjero
   
33,125,020.72
   
31.42
   
105,429,336.34
   
109,206,663.61
   
92,561,210.18
   
78,253,326.94
   
69,000,542.25
   
67,871,676.20
 
PATRIMONIO
   
10,049,967.76
   
1.72
   
585,619,846.11
   
588,844,442.19
   
591,435,818.14
   
589,567,626.62
   
594,987,803.98
   
598,889,933.12
 
Capital
   
1,695,756.56
   
0.61
   
280,157,273.47
   
280,212,949.00
   
280,263,236.58
   
280,318,912.11
   
280,393,029.99
   
280,682,393.61
 
Reservas de Capital
   
0.00
   
0.00
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
 
Otras Reservas
   
-1,767,163.07
   
2437.31
   
-72,504.59
   
68,218.00
   
22,274.00
   
-58,735.00
   
-76,326.00
   
-163,652.00
 
Utilidad de Periodos Anteriores
   
30,691,858.30
   
20.16
   
152,204,116.93
   
207,009,182.67
   
206,924,182.67
   
198,931,786.98
   
198,931,786.98
   
198,931,786.98
 
Utilidad de Periodo
   
-9,492,799.62
   
-17.35
   
54,720,070.12
   
6,125,153.63
   
8,967,061.66
   
12,674,036.97
   
19,848,605.49
   
23,305,800.64
 
Ganancia o Perdida en Valores Disponible para la venta
   
-11,077,684.41
   
-325.74
   
3,400,736.51
   
218,785.22
   
48,909.56
   
2,491,471.89
   
680,553.85
   
923,450.22
 
Deuda Subordinada
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
PASIVO Y PATRIMONIO
   
673,314,126.82
   
17.14
   
3,928,531,964.70
   
3,760,605,068.94
   
3,748,874,803.28
   
4,185,178,117.58
   
3,705,284,304.82
   
3,773,918,625.70
 
 

 
27 de Diciembre de 2007
 
   
2007
 
Descripción
 
Junio
 
Julio
 
Agosto
 
Septiembre
 
Octubre
 
Noviembre
 
Diciembre
 
ACTIVOS LIQUIDOS
   
230,906,612.74
   
225,251,357.81
   
231,990,414.31
   
328,253,847.36
   
358,007,469.49
   
330,872,505.32
   
0.00
 
Depositos Locales en Bancos
   
249,374.70
   
200,575.94
   
1,024,617.91
   
216,112.64
   
181,776.22
   
790,201.75
   
0.00
 
A la Vista
   
249,374.70
   
200,575.94
   
1,024,617.91
   
216,112.64
   
181,776.22
   
790,201.75
   
0.00
 
A Plazo
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Depositos Extranjeros en Bancos
   
230,648,229.85
   
225,046,711.62
   
230,945,655.81
   
328,026,999.30
   
357,793,916.39
   
330,008,630.12
   
0.00
 
A la Vista
   
17,748,229.85
   
6,846,711.62
   
645,655.81
   
1,426,999.30
   
1,593,916.39
   
7,008,630.12
   
0.00
 
A Plazo
   
212,900,000.00
   
218,200,000.00
   
230,300,000.00
   
326,600,000.00
   
356,200,000.00
   
323,000,000.00
   
0.00
 
Menos Provisiones
   
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
 
Extranjero
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Otros
   
9,008.19
   
4,070.25
   
20,140.59
   
10,735.42
   
31,776.88
   
73,673.45
   
0.00
 
CARTERA CREDITICIA
   
3,346,318,289.23
   
3,399,513,093.81
   
3,421,795,432.16
   
3,421,910,735.89
   
3,494,616,265.71
   
3,662,392,709.04
   
0.00
 
Locales
   
156,246,011.28
   
159,018,174.47
   
162,985,851.56
   
164,112,736.38
   
172,491,410.40
   
207,770,985.83
   
0.00
 
Extranjero
   
3,259,046,607.73
   
3,309,575,019.73
   
3,328,051,394.60
   
3,330,420,732.99
   
3,394,747,886.93
   
3,527,244,754.83
   
0.00
 
Menos Provisiones
   
68,974,329.78
   
69,080,100.39
   
69,241,814.00
   
72,622,733.48
   
72,623,031.62
   
72,623,031.62
   
0.00
 
Locales
   
800,616.34
   
800,616.34
   
800,616.34
   
912,163.62
   
912,163.62
   
912,163.62
   
0.00
 
Extranjero
   
68,173,713.44
   
68,279,484.05
   
68,441,197.66
   
71,710,569.86
   
71,710,868.00
   
71,710,868.00
   
0.00
 
INVERSIONES EN VALORES
   
275,295,067.05
   
330,636,735.82
   
567,230,391.38
   
575,647,505.69
   
474,146,029.77
   
473,960,294.84
   
0.00
 
Locales
   
19,807,400.00
   
20,009,800.00
   
58,968,900.00
   
59,430,550.00
   
59,970,800.00
   
60,277,662.44
   
0.00
 
Extranjero
   
255,487,667.05
   
310,626,935.82
   
508,261,491.38
   
516,216,955.69
   
414,175,229.77
   
413,682,632.40
   
0.00
 
Menos Provisiones
   
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
 
Extranjero
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
OTROS ACTIVOS
   
91,679,069.89
   
103,815,193.71
   
82,443,761.38
   
75,772,870.23
   
77,367,058.32
   
134,620,582.33
   
0.00
 
Locales
   
7,040,979.90
   
1,314,560.20
   
2,665,403.63
   
2,483,389.38
   
3,532,479.11
   
3,519,644.58
   
0.00
 
Extranjero
   
84,638,089.99
   
102,500,633.51
   
79,778,357.75
   
73,289,480.85
   
73,834,579.21
   
131,100,937.75
   
0.00
 
TOTAL DE ACTIVOS
   
3,944,199,038.91
   
4,059,216,381.15
   
4,303,459,999.23
   
4,401,584,959.17
   
4,404,136,823.29
   
4,601,846,091.53
   
0.00
 
DEPOSITOS
   
1,380,740,164.51
   
1,433,042,487.41
   
1,366,022,118.75
   
1,448,903,599.98
   
1,368,413,624.67
   
1,343,997,126.47
   
0.00
 
Locales
   
267,002,901.04
   
277,920,926.83
   
233,790,842.82
   
194,008,656.32
   
172,752,810.93
   
172,220,482.60
   
0.00
 
Oficiales
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
De Particulares
   
0.00
   
0.00
   
1,500,000.00
   
7,300,000.00
   
0.00
   
0.00
   
0.00
 
A la Vista
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
A Plazo
   
0.00
   
0.00
   
1,500,000.00
   
7,300,000.00
   
0.00
   
0.00
   
0.00
 
De Ahorros
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
De Bancos
   
267,002,901.04
   
277,920,926.83
   
232,290,842.82
   
186,708,656.32
   
172,752,810.93
   
172,220,482.60
   
0.00
 
A la Vista
   
18,201,829.30
   
16,078,149.99
   
14,556,815.17
   
14,619,997.53
   
14,678,236.17
   
15,929,338.51
   
0.00
 
A Plazo
   
248,801,071.74
   
261,842,776.84
   
217,734,027.65
   
172,088,658.79
   
158,074,574.76
   
156,291,144.09
   
0.00
 
Extranjero
   
1,113,737,263.47
   
1,155,121,560.58
   
1,132,231,275.93
   
1,254,894,943.66
   
1,195,660,813.74
   
1,171,776,643.87
   
0.00
 
Oficiales
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
De Particulares
   
72,649,022.78
   
67,948,910.47
   
64,376,677.08
   
62,012,147.78
   
49,366,376.44
   
59,149,077.99
   
0.00
 
A la Vista
   
4,921,522.78
   
6,048,910.47
   
6,876,677.08
   
4,412,147.78
   
1,676,376.44
   
1,459,077.99
   
0.00
 
A Plazo
   
67,727,500.00
   
61,900,000.00
   
57,500,000.00
   
57,600,000.00
   
47,690,000.00
   
57,690,000.00
   
0.00
 
De Ahorros
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
De Bancos
   
1,041,088,240.69
   
1,087,172,650.11
   
1,067,854,598.85
   
1,192,882,795.88
   
1,146,294,437.30
   
1,112,627,565.88
   
0.00
 
A la Vista
   
85,912,030.44
   
68,686,710.76
   
38,376,124.31
   
74,712,469.73
   
44,014,506.01
   
65,882,365.85
   
0.00
 
A Plazo
   
955,176,210.25
   
1,018,485,939.35
   
1,029,478,474.54
   
1,118,170,326.15
   
1,102,279,931.29
   
1,046,745,200.03
   
0.00
 
OBLIGACIONES
   
1,872,529,067.84
   
1,932,074,675.59
   
2,264,160,050.93
   
2,267,009,639.47
   
2,350,378,746.58
   
2,518,394,407.99
   
0.00
 
Locales
   
30,000,000.00
   
30,003,495.42
   
30,000,000.00
   
15,000,000.00
   
30,000,000.00
   
30,000,000.00
   
0.00
 
Extranjero
   
1,842,529,067.84
   
1,902,071,180.17
   
2,234,160,050.93
   
2,252,009,639.47
   
2,320,378,746.58
   
2,488,394,407.99
   
0.00
 
OTROS PASIVOS
   
97,932,784.34
   
102,225,519.63
   
80,857,276.05
   
89,829,185.67
   
83,764,502.03
   
143,784,743.19
   
0.00
 
Locales
   
13,645,489.19
   
6,679,482.59
   
4,690,207.91
   
3,872,784.14
   
3,934,065.41
   
5,230,386.13
   
0.00
 
Extranjero
   
84,287,295.15
   
95,546,037.04
   
76,167,068.14
   
85,956,401.53
   
79,830,436.62
   
138,554,357.06
   
0.00
 
PATRIMONIO
   
592,997,022.26
   
591,873,698.49
   
592,420,553.46
   
595,842,534.05
   
601,579,950.08
   
595,669,813.87
   
0.00
 
Capital
   
280,780,245.67
   
281,329,619.86
   
281,410,170.05
   
281,482,315.39
   
281,556,865.58
   
281,853,030.03
   
0.00
 
Reservas de Capital
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
0.00
 
Otras Reservas
   
-185,426.66
   
-239,865.66
   
-467,361.66
   
-484,165.66
   
-530,564.66
   
-1,839,667.66
   
0.00
 
Utilidad de Periodos Anteriores
   
190,897,408.07
   
190,897,408.07
   
190,897,408.07
   
182,895,975.23
   
182,895,975.23
   
182,895,975.23
   
0.00
 
Utilidad de Periodo
   
26,750,808.21
   
29,401,075.86
   
32,935,593.05
   
36,328,138.99
   
42,079,090.42
   
45,227,270.50
   
0.00
 
Ganancia o Perdida en Valores Disponible para la venta
   
-456,166.70
   
-4,724,693.31
   
-7,565,409.72
   
410,116.43
   
368,429.84
   
-7,676,947.90
   
0.00
 
Deuda Subordinada
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
PASIVO Y PATRIMONIO
   
3,944,199,038.95
   
4,059,216,381.12
   
4,303,459,999.19
   
4,401,584,959.17
   
4,404,136,823.36
   
4,601,846,091.52
   
0.00
 
 

 
27 de Diciembre de 2007
 
ESTADO DE RESULTADO
BANCO LATINOAMERICANO DE EXPORTACIONES, S.A.
ENERO - NOVIEMBRE 2007
 
(En Balboas)
 
Descripcion
 
Enero
 
Febrero
 
Marzo
 
Trimestre I
 
Abril
 
Mayo
 
Junio
 
Trimestre II
 
                                   
Ingresos Por Intereses
   
19,655,049.68
   
17,737,463.67
   
20,683,853.26
   
58,076,366.61
   
20,058,754.09
   
20,588,522.78
   
19,794,528.99
   
60,441,805.86
 
Préstamos
   
16,952,273.81
   
15,700,845.01
   
17,395,096.07
   
50,048,214.89
   
17,561,997.10
   
18,564,562.05
   
17,925,837.23
   
54,052,396.38
 
Depósitos
   
868,382.96
   
769,848.68
   
996,685.10
   
2,634,916.74
   
930,193.10
   
947,201.26
   
960,774.98
   
2,838,169.34
 
Inversiones
   
1,834,392.91
   
1,266,769.98
   
2,292,072.09
   
5,393,234.98
   
1,566,563.89
   
1,076,759.47
   
907,916.78
   
3,551,240.14
 
Egresos de Operaciones
   
14,530,876.98
   
12,967,599.32
   
15,468,817.28
   
42,967,293.58
   
15,028,135.92
   
15,439,705.90
   
14,664,128.13
   
45,131,969.95
 
Intereses Pagados
   
14,529,189.99
   
12,965,836.71
   
15,461,564.58
   
42,956,591.28
   
15,022,210.56
   
15,433,623.24
   
14,661,042.64
   
45,116,876.44
 
Comisiones
   
1,686.99
   
1,762.61
   
7,252.70
   
10,702.30
   
5,925.36
   
6,082.66
   
3,085.49
   
15,093.51
 
Ingreso Neto de Intereses
   
5,124,172.70
   
4,769,864.35
   
5,215,035.98
   
15,109,073.03
   
5,030,618.17
   
5,148,816.88
   
5,130,400.86
   
15,309,835.91
 
Otros Ingresos
   
3,252,247.96
   
263,977.66
   
-5,382.34
   
3,510,843.28
   
3,971,172.09
   
721,461.97
   
29,892.44
   
4,722,526.50
 
Comisiones
   
532,215.31
   
345,294.45
   
369,807.89
   
1,247,317.65
   
339,094.38
   
465,924.72
   
548,985.88
   
1,354,004.98
 
Operaciones con Divisas
   
-31,867.58
   
-61,017.34
   
101,256.36
   
8,371.44
   
-27,051.00
   
13,600.37
   
-27,484.49
   
-40,935.12
 
Otros ingresos
   
2,751,900.23
   
-20,299.45
   
-476,446.59
   
2,255,154.19
   
3,659,128.71
   
241,936.88
   
-491,608.95
   
3,409,456.64
 
Ingresos de Operaciones
   
8,376,420.66
   
5,033,842.01
   
5,209,653.64
   
18,619,916.31
   
9,001,790.26
   
5,870,278.85
   
5,160,293.30
   
20,032,362.41
 
Egresos Generales
   
2,251,267.03
   
2,191,933.98
   
-3,851,437.28
   
591,763.73
   
1,827,221.74
   
2,413,083.70
   
-4,519,727.26
   
-279,421.82
 
Gastos Administrativos
   
1,389,320.94
   
1,152,761.57
   
1,378,644.88
   
3,920,727.39
   
876,276.06
   
1,379,731.65
   
2,133,608.72
   
4,389,616.43
 
Gastos Generales
   
230,861.37
   
393,847.95
   
424,127.86
   
1,048,837.18
   
423,230.11
   
511,507.00
   
415,011.34
   
1,349,748.45
 
Gastos de Depreciación
   
228,406.64
   
164,173.56
   
213,327.01
   
605,907.21
   
202,702.28
   
199,719.24
   
214,359.49
   
616,781.01
 
Otros Gastos
   
402,678.08
   
481,150.90
   
-5,867,537.03
   
-4,983,708.05
   
325,013.29
   
322,125.81
   
-7,282,706.81
   
-6,635,567.71
 
Utilidad antes de Provisiones
   
6,125,153.63
   
2,841,908.03
   
9,061,090.92
   
18,028,152.58
   
7,174,568.52
   
3,457,195.15
   
9,680,020.56
   
20,311,784.23
 
Provisiones por Cuentas Malas
   
0.00
   
0.00
   
5,354,115.61
   
5,354,115.61
   
0.00
   
0.00
   
6,235,012.99
   
6,235,012.99
 
Utilidad del Periodo
   
6,125,153.63
   
2,841,908.03
   
3,706,975.31
   
12,674,036.97
   
7,174,568.52
   
3,457,195.15
   
3,445,007.57
   
14,076,771.24
 
 

 
27 de Diciembre de 2007
 
Descripcion
 
Julio
 
Agosto
 
Septiembre
 
Trimestre III
 
Octubre
 
Noviembre
 
Diciembre
 
Trimestre IV
 
Acumulado Anual
 
                                       
Ingresos Por Intereses
   
20,732,440.03
   
23,291,729.77
   
22,507,429.64
   
66,531,599.44
   
23,301,713.86
   
22,706,909.95
   
0.00
   
46,008,623.81
   
231,058,395.72
 
Préstamos
   
18,786,542.10
   
19,800,525.97
   
18,767,199.66
   
57,354,267.73
   
19,825,208.69
   
19,468,053.01
   
0.00
   
39,293,261.70
   
200,748,140.70
 
Depósitos
   
1,006,987.43
   
1,216,478.78
   
1,369,171.35
   
3,592,637.56
   
1,311,747.17
   
1,406,844.72
   
0.00
   
2,718,591.89
   
11,784,315.53
 
Inversiones
   
938,910.50
   
2,274,725.02
   
2,371,058.63
   
5,584,694.15
   
2,164,758.00
   
1,832,012.22
   
0.00
   
3,996,770.22
   
18,525,939.49
 
Egresos de Operaciones
   
15,472,983.06
   
17,563,471.24
   
17,094,666.87
   
50,131,121.17
   
17,548,861.38
   
16,929,730.80
   
0.00
   
34,478,592.18
   
172,708,976.88
 
Intereses Pagados
   
15,455,164.59
   
17,557,775.67
   
17,104,136.16
   
50,117,076.42
   
17,546,581.10
   
16,926,858.82
   
0.00
   
34,473,439.92
   
172,663,984.06
 
Comisiones
   
17,818.47
   
5,695.57
   
-9,469.29
   
14,044.75
   
2,280.28
   
2,871.98
   
0.00
   
5,152.26
   
44,992.82
 
Ingreso Neto de Intereses
   
5,259,456.97
   
5,728,258.53
   
5,412,762.77
   
16,400,478.27
   
5,752,852.48
   
5,777,179.15
   
0.00
   
11,530,031.63
   
58,349,418.84
 
Otros Ingresos
   
185,405.00
   
246,831.66
   
749,296.33
   
1,181,532.99
   
2,528,060.38
   
706,882.43
   
0.00
   
3,234,942.81
   
12,649,845.58
 
Comisiones
   
452,907.06
   
370,131.65
   
361,314.18
   
1,184,352.89
   
460,875.51
   
515,367.12
   
0.00
   
976,242.63
   
4,761,918.15
 
Operaciones con Divisas
   
-22,866.71
   
-26,519.09
   
53,518.52
   
4,132.72
   
-56,737.21
   
97,736.12
   
0.00
   
40,998.91
   
12,567.95
 
Otros ingresos
   
-244,635.35
   
-96,780.90
   
334,463.63
   
-6,952.62
   
2,123,922.08
   
93,779.19
   
0.00
   
2,217,701.27
   
7,875,359.48
 
Ingresos de Operaciones
   
5,444,861.97
   
5,975,090.19
   
6,162,059.10
   
17,582,011.26
   
8,280,912.86
   
6,484,061.58
   
0.00
   
14,764,974.44
   
70,999,264.42
 
Egresos Generales
   
2,794,594.32
   
2,440,573.00
   
-614,871.30
   
4,620,296.02
   
2,529,961.43
   
3,335,881.49
   
0.00
   
5,865,842.92
   
10,798,480.85
 
Gastos Administrativos
   
1,403,245.40
   
1,361,234.98
   
1,432,429.71
   
4,196,910.09
   
1,382,032.12
   
2,164,405.07
   
0.00
   
3,546,437.19
   
16,053,691.10
 
Gastos Generales
   
881,574.41
   
535,317.02
   
377,165.15
   
1,794,056.58
   
570,118.97
   
625,214.10
   
0.00
   
1,195,333.07
   
5,387,975.28
 
Gastos de Depreciación
   
176,484.52
   
220,534.77
   
198,709.51
   
595,728.80
   
202,887.71
   
214,780.10
   
0.00
   
417,667.81
   
2,236,084.83
 
Otros Gastos
   
333,289.99
   
323,486.23
   
-2,623,175.67
   
-1,966,399.45
   
374,922.63
   
331,482.22
   
0.00
   
706,404.85
   
-12,879,270.36
 
Utilidad antes de Provisiones
   
2,650,267.65
   
3,534,517.19
   
6,776,930.40
   
12,961,715.24
   
5,750,951.43
   
3,148,180.09
   
0.00
   
8,899,131.52
   
60,200,783.57
 
Provisiones por Cuentas Malas
   
0.00
   
0.00
   
3,384,384.47
   
3,384,384.47
   
0.00
   
0.00
   
0.00
   
0.00
   
14,973,513.07
 
Utilidad del Periodo
   
2,650,267.65
   
3,534,517.19
   
3,392,545.93
   
9,577,330.77
   
5,750,951.43
   
3,148,180.09
   
0.00
   
8,899,131.52
   
45,227,270.50
 
 
 

 
December 27, 2007
 
BANCO LATINOAMERICANO DE EXPORTACIONES
BALANCE SHEETS* DECEMBER 2006 AND JANUARY - NOVEMBER 2007
(In Balboas)**
 
           
2006
 
2007
 
Description
 
Absolute
 
 %
 
December
 
January
 
February
 
March
 
April
 
May
 
LIQUID ASSETS
   
27,222,082.49
   
8.96
   
303,650,422.83
   
216,202,094.20
   
242,982,598.61
   
229,046,233.80
   
122,698,746.25
   
208,986,133.47
 
Local Deposits in Banks
   
616,310.71
   
354.42
   
173,891.04
   
171,541.89
   
211,225.69
   
198,143.77
   
164,062.71
   
162,204.31
 
Demand
   
616,310.71
   
354.42
   
173,891.04
   
171,541.89
   
211,225.69
   
198,143.77
   
164,062.71
   
162,204.31
 
Time
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Foreign Deposits in Banks
   
26,543,299.30
   
8.75
   
303,465,330.82
   
216,015,706.64
   
242,755,699.36
   
228,836,963.32
   
122,369,664.85
   
208,813,623.54
 
Demand
   
2,543,299.30
   
56.96
   
4,465,330.82
   
2,715,706.64
   
1,255,699.36
   
30,836,963.32
   
1,769,664.85
   
1,313,623.54
 
Time
   
24,000,000.00
   
8.03
   
299,000,000.00
   
213,300,000.00
   
241,500,000.00
   
198,000,000.00
   
120,600,000.00
   
207,500,000.00
 
Less Allowance
   
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
 
Foreign
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Others
   
62,472.48
   
557.74
   
11,200.97
   
14,845.67
   
15,673.56
   
11,126.71
   
165,018.69
   
10,305.62
 
CREDIT PORTFOLIO
   
732,886,661.27
   
25.02
   
2,929,506,047.77
   
3,036,256,324.76
   
3,027,768,900.81
   
3,245,204,307.99
   
3,206,861,456.42
   
3,196,112,772.51
 
Local
   
13,955,209.56
   
7.20
   
193,815,776.27
   
190,803,578.31
   
185,116,953.31
   
158,897,133.10
   
141,613,868.24
   
150,123,300.86
 
Foreign
   
740,288,961.33
   
26.56
   
2,786,955,793.50
   
2,896,713,920.80
   
2,893,913,101.85
   
3,142,920,079.84
   
3,121,860,493.13
   
3,102,571,114.20
 
Less Allowance
   
21,357,509.62
   
41.66
   
51,265,522.00
   
51,261,174.35
   
51,261,154.35
   
56,612,904.95
   
56,612,904.95
   
56,581,642.55
 
Local
   
435.92
   
0.05
   
911,727.70
   
911,727.70
   
911,727.70
   
811,234.26
   
811,234.26
   
779,971.86
 
Foreign
   
21,357,073.70
   
42.41
   
50,353,794.30
   
50,349,446.65
   
50,349,426.65
   
55,801,670.69
   
55,801,670.69
   
55,801,670.69
 
INVESTMENT SECURITIES
   
-103,698,068.83
   
-17.95
   
577,658,363.67
   
391,817,270.05
   
380,907,417.40
   
632,092,664.10
   
307,221,604.46
   
298,088,861.31
 
Local
   
40,355,262.44
   
202.56
   
19,922,400.00
   
19,804,200.00
   
20,027,600.00
   
20,085,000.00
   
20,043,400.00
   
19,836,600.00
 
Foreign
   
-144,053,331.27
   
-25.83
   
557,735,963.67
   
372,013,070.05
   
360,879,817.40
   
612,007,664.10
   
287,178,204.46
   
278,252,261.31
 
Less Allowance
   
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
 
Foreign
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
OTHER ASSETS
   
16,903,451.90
   
14.36
   
117,717,130.43
   
116,329,379.94
   
97,215,886.49
   
78,834,911.65
   
68,502,497.68
   
70,730,858.41
 
Local
   
-14,095,164.74
   
-80.02
   
17,614,809.32
   
20,511,965.87
   
10,276,743.98
   
5,315,339.04
   
5,574,415.85
   
2,523,285.04
 
Foreign
   
30,998,616.64
   
30.97
   
100,102,321.11
   
95,817,414.07
   
86,939,142.51
   
73,519,572.61
   
62,928,081.83
   
68,207,573.37
 
TOTAL ASSETS
   
673,314,126.83
   
17.14
   
3,928,531,964.70
   
3,760,605,068.95
   
3,748,874,803.31
   
4,185,178,117.54
   
3,705,284,304.81
   
3,773,918,625.70
 
DEPOSITS
   
287,323,043.05
   
27.19
   
1,056,674,083.42
   
1,169,378,225.85
   
1,222,705,231.77
   
1,380,142,876.22
   
1,283,560,136.96
   
1,286,109,030.56
 
Local
   
31,692,190.22
   
22.55
   
140,528,292.38
   
151,114,593.65
   
149,223,722.63
   
188,400,415.96
   
195,234,364.45
   
209,426,258.81
 
Government
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Customers
   
0.00
   
0.00
   
0.00
   
0.00
   
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
 
Time
   
0.00
   
0.00
   
0.00
   
0.00
   
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
 
From Banks
   
31,692,190.22
   
22.55
   
140,528,292.38
   
151,114,593.65
   
149,223,722.63
   
188,400,415.96
   
195,234,364.45
   
209,426,258.81
 
Demand
   
3,538,955.70
   
28.56
   
12,390,382.81
   
9,751,662.28
   
13,366,002.78
   
10,542,777.13
   
9,856,408.16
   
7,495,530.19
 
Time
   
28,153,234.52
   
21.97
   
128,137,909.57
   
141,362,931.37
   
135,857,719.85
   
177,857,638.83
   
185,377,956.29
   
201,930,728.62
 
Foreign
   
255,630,852.83
   
27.90
   
916,145,791.04
   
1,018,263,632.20
   
1,073,481,509.14
   
1,191,742,460.26
   
1,088,325,772.51
   
1,076,682,771.75
 
Government
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Customers
   
21,305,396.79
   
56.30
   
37,843,681.20
   
98,076,330.45
   
99,415,948.70
   
100,671,771.92
   
102,886,296.40
   
101,494,940.09
 
Demand
   
-557,103.21
   
-27.63
   
2,016,181.20
   
2,248,830.45
   
1,738,448.70
   
1,744,271.92
   
2,258,796.40
   
3,867,440.09
 
Time
   
21,862,500.00
   
61.02
   
35,827,500.00
   
95,827,500.00
   
97,677,500.00
   
98,927,500.00
   
100,627,500.00
   
97,627,500.00
 
Savings
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
From Banks
   
234,325,456.04
   
26.68
   
878,302,109.84
   
920,187,301.75
   
974,065,560.44
   
1,091,070,688.34
   
985,439,476.11
   
975,187,831.66
 
Demand
   
-52,237,673.98
   
-44.22
   
118,120,039.83
   
82,782,206.23
   
95,490,878.75
   
90,198,396.99
   
44,057,196.58
   
91,161,295.26
 
Time
   
286,563,130.02
   
37.70
   
760,182,070.01
   
837,405,095.52
   
878,574,681.69
   
1,000,872,291.35
   
941,382,279.53
   
884,026,536.40
 
BORROWINGS
   
361,997,228.53
   
16.79
   
2,156,397,179.46
   
1,881,473,358.26
   
1,831,833,854.46
   
2,128,903,579.48
   
1,752,199,110.42
   
1,815,010,696.69
 
Local
   
0.00
   
0.00
   
30,000,000.00
   
30,000,000.00
   
31,868,459.90
   
30,000,000.00
   
30,000,000.00
   
30,000,000.00
 
Foreign
   
361,997,228.53
   
17.02
   
2,126,397,179.46
   
1,851,473,358.26
   
1,799,965,394.56
   
2,098,903,579.48
   
1,722,199,110.42
   
1,785,010,696.69
 
OTHER LIABILITIES
   
13,943,887.48
   
10.74
   
129,840,855.71
   
120,909,042.64
   
102,899,898.91
   
86,564,035.26
   
74,537,253.46
   
73,908,965.33
 
Local
   
-19,181,133.24
   
-78.57
   
24,411,519.37
   
11,702,379.03
   
10,338,688.73
   
8,310,708.32
   
5,536,711.21
   
6,037,289.13
 
Foreign
   
33,125,020.72
   
31.42
   
105,429,336.34
   
109,206,663.61
   
92,561,210.18
   
78,253,326.94
   
69,000,542.25
   
67,871,676.20
 
STOCKHOLDERS´ EQUITY
   
10,049,967.76
   
1.72
   
585,619,846.11
   
588,844,442.19
   
591,435,818.14
   
589,567,626.62
   
594,987,803.98
   
598,889,933.12
 
Capital
   
1,695,756.56
   
0.61
   
280,157,273.47
   
280,212,949.00
   
280,263,236.58
   
280,318,912.11
   
280,393,029.99
   
280,682,393.61
 
Capital Reserves
   
0.00
   
0.00
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
 
Other Reserves
   
-1,767,163.07
   
2,437.31
   
-72,504.59
   
68,218.00
   
22,274.00
   
-58,735.00
   
-76,326.00
   
-163,652.00
 
Retained Earnings
   
30,691,858.30
   
20.16
   
152,204,116.93
   
207,009,182.67
   
206,924,182.67
   
198,931,786.98
   
198,931,786.98
   
198,931,786.98
 
Net Income
   
-9,492,799.62
   
-17.35
   
54,720,070.12
   
6,125,153.63
   
8,967,061.66
   
12,674,036.97
   
19,848,605.49
   
23,305,800.64
 
Gain or Loss in Securities available for sale
   
-11,077,684.41
   
-325.74
   
3,400,736.51
   
218,785.22
   
48,909.56
   
2,491,471.89
   
680,553.85
   
923,450.22
 
Subordinated Debt
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
LIABILITIES AND STOCKHOLDER'S EQUITY
   
673,314,126.82
   
17.14
   
3,928,531,964.70
   
3,760,605,068.94
   
3,748,874,803.28
   
4,185,178,117.58
   
3,705,284,304.82
   
3,773,918,625.70
 
 

 
December 27, 2007
 
 
 
2007
 
Description
 
June
 
July
 
August
 
September
 
October
 
November
 
December
 
LIQUID ASSETS
   
230,906,612.74
   
225,251,357.81
   
231,990,414.31
   
328,253,847.36
   
358,007,469.49
   
330,872,505.32
   
0.00
 
Local Deposits in Banks
   
249,374.70
   
200,575.94
   
1,024,617.91
   
216,112.64
   
181,776.22
   
790,201.75
   
0.00
 
Demand
   
249,374.70
   
200,575.94
   
1,024,617.91
   
216,112.64
   
181,776.22
   
790,201.75
   
0.00
 
Time
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Foreign Deposits in Banks
   
230,648,229.85
   
225,046,711.62
   
230,945,655.81
   
328,026,999.30
   
357,793,916.39
   
330,008,630.12
   
0.00
 
Demand
   
17,748,229.85
   
6,846,711.62
   
645,655.81
   
1,426,999.30
   
1,593,916.39
   
7,008,630.12
   
0.00
 
Time
   
212,900,000.00
   
218,200,000.00
   
230,300,000.00
   
326,600,000.00
   
356,200,000.00
   
323,000,000.00
   
0.00
 
Less Allowance
   
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
 
Foreign
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Others
   
9,008.19
   
4,070.25
   
20,140.59
   
10,735.42
   
31,776.88
   
73,673.45
   
0.00
 
CREDIT PORTFOLIO
   
3,346,318,289.23
   
3,399,513,093.81
   
3,421,795,432.16
   
3,421,910,735.89
   
3,494,616,265.71
   
3,662,392,709.04
   
0.00
 
Local
   
156,246,011.28
   
159,018,174.47
   
162,985,851.56
   
164,112,736.38
   
172,491,410.40
   
207,770,985.83
   
0.00
 
Foreign
   
3,259,046,607.73
   
3,309,575,019.73
   
3,328,051,394.60
   
3,330,420,732.99
   
3,394,747,886.93
   
3,527,244,754.83
   
0.00
 
Less Allowance
   
68,974,329.78
   
69,080,100.39
   
69,241,814.00
   
72,622,733.48
   
72,623,031.62
   
72,623,031.62
   
0.00
 
Local
   
800,616.34
   
800,616.34
   
800,616.34
   
912,163.62
   
912,163.62
   
912,163.62
   
0.00
 
Foreign
   
68,173,713.44
   
68,279,484.05
   
68,441,197.66
   
71,710,569.86
   
71,710,868.00
   
71,710,868.00
   
0.00
 
INVESTMENT SECURITIES
   
275,295,067.05
   
330,636,735.82
   
567,230,391.38
   
575,647,505.69
   
474,146,029.77
   
473,960,294.84
   
0.00
 
Local
   
19,807,400.00
   
20,009,800.00
   
58,968,900.00
   
59,430,550.00
   
59,970,800.00
   
60,277,662.44
   
0.00
 
Foreign
   
255,487,667.05
   
310,626,935.82
   
508,261,491.38
   
516,216,955.69
   
414,175,229.77
   
413,682,632.40
   
0.00
 
Less Allowance
   
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
 
Foreign
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
OTHER ASSETS
   
91,679,069.89
   
103,815,193.71
   
82,443,761.38
   
75,772,870.23
   
77,367,058.32
   
134,620,582.33
   
0.00
 
Local
   
7,040,979.90
   
1,314,560.20
   
2,665,403.63
   
2,483,389.38
   
3,532,479.11
   
3,519,644.58
   
0.00
 
Foreign
   
84,638,089.99
   
102,500,633.51
   
79,778,357.75
   
73,289,480.85
   
73,834,579.21
   
131,100,937.75
   
0.00
 
TOTAL ASSETS
   
3,944,199,038.91
   
4,059,216,381.15
   
4,303,459,999.23
   
4,401,584,959.17
   
4,404,136,823.29
   
4,601,846,091.53
   
0.00
 
DEPOSITS
   
1,380,740,164.51
   
1,433,042,487.41
   
1,366,022,118.75
   
1,448,903,599.98
   
1,368,413,624.67
   
1,343,997,126.47
   
0.00
 
Local
   
267,002,901.04
   
277,920,926.83
   
233,790,842.82
   
194,008,656.32
   
172,752,810.93
   
172,220,482.60
   
0.00
 
Government
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Customers
   
0.00
   
0.00
   
1,500,000.00
   
7,300,000.00
   
0.00
   
0.00
   
0.00
 
Demand
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Time
   
0.00
   
0.00
   
1,500,000.00
   
7,300,000.00
   
0.00
   
0.00
   
0.00
 
Savings
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
From Banks
   
267,002,901.04
   
277,920,926.83
   
232,290,842.82
   
186,708,656.32
   
172,752,810.93
   
172,220,482.60
   
0.00
 
Demand
   
18,201,829.30
   
16,078,149.99
   
14,556,815.17
   
14,619,997.53
   
14,678,236.17
   
15,929,338.51
   
0.00
 
Time
   
248,801,071.74
   
261,842,776.84
   
217,734,027.65
   
172,088,658.79
   
158,074,574.76
   
156,291,144.09
   
0.00
 
Foreign
   
1,113,737,263.47
   
1,155,121,560.58
   
1,132,231,275.93
   
1,254,894,943.66
   
1,195,660,813.74
   
1,171,776,643.87
   
0.00
 
Government
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
Customers
   
72,649,022.78
   
67,948,910.47
   
64,376,677.08
   
62,012,147.78
   
49,366,376.44
   
59,149,077.99
   
0.00
 
Demand
   
4,921,522.78
   
6,048,910.47
   
6,876,677.08
   
4,412,147.78
   
1,676,376.44
   
1,459,077.99
   
0.00
 
Time
   
67,727,500.00
   
61,900,000.00
   
57,500,000.00
   
57,600,000.00
   
47,690,000.00
   
57,690,000.00
   
0.00
 
Savings
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
From Banks
   
1,041,088,240.69
   
1,087,172,650.11
   
1,067,854,598.85
   
1,192,882,795.88
   
1,146,294,437.30
   
1,112,627,565.88
   
0.00
 
Demand
   
85,912,030.44
   
68,686,710.76
   
38,376,124.31
   
74,712,469.73
   
44,014,506.01
   
65,882,365.85
   
0.00
 
Time
   
955,176,210.25
   
1,018,485,939.35
   
1,029,478,474.54
   
1,118,170,326.15
   
1,102,279,931.29
   
1,046,745,200.03
   
0.00
 
BORROWINGS
   
1,872,529,067.84
   
1,932,074,675.59
   
2,264,160,050.93
   
2,267,009,639.47
   
2,350,378,746.58
   
2,518,394,407.99
   
0.00
 
Local
   
30,000,000.00
   
30,003,495.42
   
30,000,000.00
   
15,000,000.00
   
30,000,000.00
   
30,000,000.00
   
0.00
 
Foreign
   
1,842,529,067.84
   
1,902,071,180.17
   
2,234,160,050.93
   
2,252,009,639.47
   
2,320,378,746.58
   
2,488,394,407.99
   
0.00
 
OTHER LIABILITIES
   
97,932,784.34
   
102,225,519.63
   
80,857,276.05
   
89,829,185.67
   
83,764,502.03
   
143,784,743.19
   
0.00
 
Local
   
13,645,489.19
   
6,679,482.59
   
4,690,207.91
   
3,872,784.14
   
3,934,065.41
   
5,230,386.13
   
0.00
 
Foreign
   
84,287,295.15
   
95,546,037.04
   
76,167,068.14
   
85,956,401.53
   
79,830,436.62
   
138,554,357.06
   
0.00
 
STOCKHOLDERS´ EQUITY
   
592,997,022.26
   
591,873,698.49
   
592,420,553.46
   
595,842,534.05
   
601,579,950.08
   
595,669,813.87
   
0.00
 
Capital
   
280,780,245.67
   
281,329,619.86
   
281,410,170.05
   
281,482,315.39
   
281,556,865.58
   
281,853,030.03
   
0.00
 
Capital Reserves
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
95,210,153.67
   
0.00
 
Other Reserves
   
-185,426.66
   
-239,865.66
   
-467,361.66
   
-484,165.66
   
-530,564.66
   
-1,839,667.66
   
0.00
 
Retained Earnings
   
190,897,408.07
   
190,897,408.07
   
190,897,408.07
   
182,895,975.23
   
182,895,975.23
   
182,895,975.23
   
0.00
 
Net Income
   
26,750,808.21
   
29,401,075.86
   
32,935,593.05
   
36,328,138.99
   
42,079,090.42
   
45,227,270.50
   
0.00
 
Gain or Loss in Securities available for sale
   
-456,166.70
   
-4,724,693.31
   
-7,565,409.72
   
410,116.43
   
368,429.84
   
-7,676,947.90
   
0.00
 
Subordinated Debt
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
   
0.00
 
LIABILITIES AND STOCKHOLDER'S EQUITY
   
3,944,199,038.95
   
4,059,216,381.12
   
4,303,459,999.19
   
4,401,584,959.17
   
4,404,136,823.36
   
4,601,846,091.52
   
0.00
 
 
 
* Includes only Panama - New York accounts.
**Monetary unit at par and equivalent with US$ dollars.
 
This is a free translation from Spanish original version, taken from the monthly publication of the Republica de Panamá
 
Superintendencia de Bancos (website: http://www.superbancos.gob.pa).
 

 
December 27, 2007
 
STATEMENTS OF INCOME *
BANCO LATINOAMERICANO DE EXPORTACIONES, S.A.
JANUARY - NOVEMBER 2007
 
(In Balboas)**
 
Description
 
January
 
February
 
March
 
I Quarter
 
April
 
May
 
June
 
II Quarter
 
                                   
Interest Income
   
19,655,049.68
   
17,737,463.67
   
20,683,853.26
   
58,076,366.61
   
20,058,754.09
   
20,588,522.78
   
19,794,528.99
   
60,441,805.86
 
Loans
   
16,952,273.81
   
15,700,845.01
   
17,395,096.07
   
50,048,214.89
   
17,561,997.10
   
18,564,562.05
   
17,925,837.23
   
54,052,396.38
 
Deposits
   
868,382.96
   
769,848.68
   
996,685.10
   
2,634,916.74
   
930,193.10
   
947,201.26
   
960,774.98
   
2,838,169.34
 
Investments
   
1,834,392.91
   
1,266,769.98
   
2,292,072.09
   
5,393,234.98
   
1,566,563.89
   
1,076,759.47
   
907,916.78
   
3,551,240.14
 
Interest Expense
   
14,530,876.98
   
12,967,599.32
   
15,468,817.28
   
42,967,293.58
   
15,028,135.92
   
15,439,705.90
   
14,664,128.13
   
45,131,969.95
 
Interest
   
14,529,189.99
   
12,965,836.71
   
15,461,564.58
   
42,956,591.28
   
15,022,210.56
   
15,433,623.24
   
14,661,042.64
   
45,116,876.44
 
Commissions
   
1,686.99
   
1,762.61
   
7,252.70
   
10,702.30
   
5,925.36
   
6,082.66
   
3,085.49
   
15,093.51
 
Net Interest Income
   
5,124,172.70
   
4,769,864.35
   
5,215,035.98
   
15,109,073.03
   
5,030,618.17
   
5,148,816.88
   
5,130,400.86
   
15,309,835.91
 
Other Income
   
3,252,247.96
   
263,977.66
   
-5,382.34
   
3,510,843.28
   
3,971,172.09
   
721,461.97
   
29,892.44
   
4,722,526.50
 
Commissions
   
532,215.31
   
345,294.45
   
369,807.89
   
1,247,317.65
   
339,094.38
   
465,924.72
   
548,985.88
   
1,354,004.98
 
Foreign currency operations
   
-31,867.58
   
-61,017.34
   
101,256.36
   
8,371.44
   
-27,051.00
   
13,600.37
   
-27,484.49
   
-40,935.12
 
Other Income
   
2,751,900.23
   
-20,299.45
   
-476,446.59
   
2,255,154.19
   
3,659,128.71
   
241,936.88
   
-491,608.95
   
3,409,456.64
 
Operating Income
   
8,376,420.66
   
5,033,842.01
   
5,209,653.64
   
18,619,916.31
   
9,001,790.26
   
5,870,278.85
   
5,160,293.30
   
20,032,362.41
 
Operating Expenses
   
2,251,267.03
   
2,191,933.98
   
-3,851,437.28
   
591,763.73
   
1,827,221.74
   
2,413,083.70
   
-4,519,727.26
   
-279,421.82
 
Administrative expenses
   
1,389,320.94
   
1,152,761.57
   
1,378,644.88
   
3,920,727.39
   
876,276.06
   
1,379,731.65
   
2,133,608.72
   
4,389,616.43
 
General expenses
   
230,861.37
   
393,847.95
   
424,127.86
   
1,048,837.18
   
423,230.11
   
511,507.00
   
415,011.34
   
1,349,748.45
 
Depreciation
   
228,406.64
   
164,173.56
   
213,327.01
   
605,907.21
   
202,702.28
   
199,719.24
   
214,359.49
   
616,781.01
 
Other expenses
   
402,678.08
   
481,150.90
   
-5,867,537.03
   
-4,983,708.05
   
325,013.29
   
322,125.81
   
-7,282,706.81
   
-6,635,567.71
 
Net Income before provision for loan losses
   
6,125,153.63
   
2,841,908.03
   
9,061,090.92
   
18,028,152.58
   
7,174,568.52
   
3,457,195.15
   
9,680,020.56
   
20,311,784.23
 
Provision for loan losses
   
0.00
   
0.00
   
5,354,115.61
   
5,354,115.61
   
0.00
   
0.00
   
6,235,012.99
   
6,235,012.99
 
Net Income
   
6,125,153.63
   
2,841,908.03
   
3,706,975.31
   
12,674,036.97
   
7,174,568.52
   
3,457,195.15
   
3,445,007.57
   
14,076,771.24
 
 

 
December 27, 2007
 
Description
 
July
 
August
 
September
 
III Quarter
 
October
 
November
 
December
 
IV Quarter
 
Year to date
 
                                       
Interest Income
   
20,732,440.03
   
23,291,729.77
   
22,507,429.64
   
66,531,599.44
   
23,301,713.86
   
22,706,909.95
   
0.00
   
46,008,623.81
   
231,058,395.72
 
Loans
   
18,786,542.10
   
19,800,525.97
   
18,767,199.66
   
57,354,267.73
   
19,825,208.69
   
19,468,053.01
   
0.00
   
39,293,261.70
   
200,748,140.70
 
Deposits
   
1,006,987.43
   
1,216,478.78
   
1,369,171.35
   
3,592,637.56
   
1,311,747.17
   
1,406,844.72
   
0.00
   
2,718,591.89
   
11,784,315.53
 
Investments
   
938,910.50
   
2,274,725.02
   
2,371,058.63
   
5,584,694.15
   
2,164,758.00
   
1,832,012.22
   
0.00
   
3,996,770.22
   
18,525,939.49
 
Interest Expense
   
15,472,983.06
   
17,563,471.24
   
17,094,666.87
   
50,131,121.17
   
17,548,861.38
   
16,929,730.80
   
0.00
   
34,478,592.18
   
172,708,976.88
 
Interest
   
15,455,164.59
   
17,557,775.67
   
17,104,136.16
   
50,117,076.42
   
17,546,581.10
   
16,926,858.82
   
0.00
   
34,473,439.92
   
172,663,984.06
 
Commissions
   
17,818.47
   
5,695.57
   
-9,469.29
   
14,044.75
   
2,280.28
   
2,871.98
   
0.00
   
5,152.26
   
44,992.82
 
Net Interest Income
   
5,259,456.97
   
5,728,258.53
   
5,412,762.77
   
16,400,478.27
   
5,752,852.48
   
5,777,179.15
   
0.00
   
11,530,031.63
   
58,349,418.84
 
Other Income
   
185,405.00
   
246,831.66
   
749,296.33
   
1,181,532.99
   
2,528,060.38
   
706,882.43
   
0.00
   
3,234,942.81
   
12,649,845.58
 
Commissions
   
452,907.06
   
370,131.65
   
361,314.18
   
1,184,352.89
   
460,875.51
   
515,367.12
   
0.00
   
976,242.63
   
4,761,918.15
 
Foreign currency operations
   
-22,866.71
   
-26,519.09
   
53,518.52
   
4,132.72
   
-56,737.21
   
97,736.12
   
0.00
   
40,998.91
   
12,567.95
 
Other Income
   
-244,635.35
   
-96,780.90
   
334,463.63
   
-6,952.62
   
2,123,922.08
   
93,779.19
   
0.00
   
2,217,701.27
   
7,875,359.48
 
Operating Income
   
5,444,861.97
   
5,975,090.19
   
6,162,059.10
   
17,582,011.26
   
8,280,912.86
   
6,484,061.58
   
0.00
   
14,764,974.44
   
70,999,264.42
 
Operating Expenses
   
2,794,594.32
   
2,440,573.00
   
-614,871.30
   
4,620,296.02
   
2,529,961.43
   
3,335,881.49
   
0.00
   
5,865,842.92
   
10,798,480.85
 
Administrative expenses
   
1,403,245.40
   
1,361,234.98
   
1,432,429.71
   
4,196,910.09
   
1,382,032.12
   
2,164,405.07
   
0.00
   
3,546,437.19
   
16,053,691.10
 
General expenses
   
881,574.41
   
535,317.02
   
377,165.15
   
1,794,056.58
   
570,118.97
   
625,214.10
   
0.00
   
1,195,333.07
   
5,387,975.28
 
Depreciation
   
176,484.52
   
220,534.77
   
198,709.51
   
595,728.80
   
202,887.71
   
214,780.10
   
0.00
   
417,667.81
   
2,236,084.83
 
Other expenses
   
333,289.99
   
323,486.23
   
-2,623,175.67
   
-1,966,399.45
   
374,922.63
   
331,482.22
   
0.00
   
706,404.85
   
-12,879,270.36
 
Net Income before provision for loan losses
   
2,650,267.65
   
3,534,517.19
   
6,776,930.40
   
12,961,715.24
   
5,750,951.43
   
3,148,180.09
   
0.00
   
8,899,131.52
   
60,200,783.57
 
Provision for loan losses
   
0.00
   
0.00
   
3,384,384.47
   
3,384,384.47
   
0.00
   
0.00
   
0.00
   
0.00
   
14,973,513.07
 
Net Income
   
2,650,267.65
   
3,534,517.19
   
3,392,545.93
   
9,577,330.77
   
5,750,951.43
   
3,148,180.09
   
0.00
   
8,899,131.52
   
45,227,270.50
 
 
 
* Includes only Panama - New York accounts.
** Monetary unit at par and equivalent with US$ dollars.
 
This is a free translation from Spanish original version, taken from the monthly publication of the Republica de Panamá
 
Superintendencia de Bancos (website: http://www.superbancos.gob.pa).