Zacks Investment Research upgraded shares of BANCO LATINOAME (BLX) from UNDERPERFORM to NEUTRAL on December 19, 2012, with a target price of $21.50.
Banco Latinoamericano de Exportaciones, S.A. was established to finance the foreign trade of the countries in the Latin American and Caribbean region. The Bank focuses on short-term trade-related loans to borrowers who then loan the funds to various businesses and govermnent institutions involved in foreign trade.
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