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Bladex reported profits of $16.6 million USD in the quarter — up from the first quarter, but a drop from the $17.5 million USD in the second quarter of 2017.

CEO Rubens Amaral will step down on April 30 and be replaced by N. Gabriel Tolchinsky. CFO Christopher Schech will be replaced by Ana Graciela de Méndez

The dividend amount matches the sum paid out in both the first and second quarters of 2017.

The first international syndicated facility arranged for BAC Guatemala was 1.7x oversubscribed, said Bladex.

Bladex will pay out a quarterly cash dividend of $0.385 USD per share on May 18. All stockholders as of May 3 will be eligible to receive the payment.

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, “Bladex”), the Panama-based supranational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade finance and economic integration in the Region, announced...