Valentina Marin's questions to Foreign Trade Bank of Latin America Inc (BLX) leadership • Q4 2024
Question
Valentina Marin from Bancolombia asked which countries are expected to lead portfolio growth in 2025 and what the outlook is for credit provisions and the Cost of Risk (COR) target for 2025-2026.
Answer
Chief Commercial Officer Samuel Canineu stated that growth should be balanced, with potential opportunities in Mexico due to market volatility and in recovering economies like Argentina. Executive Jorge Salas projected that credit reserves for 2025 should be similar to 2024 levels, in the $17 million to $20 million range, assuming a similar growth trajectory and country mix.