Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q3 2022 Earnings Conference Call November 2, 2022 11:00 AM ET
Company Participants
Carlos Raad - IR
Jorge Salas - CEO
Ana Mendez - CFO
Sam Canineu - Chief Commercial Officer
Conference Call Participants
Jim Marrone - Singular Research
Operator
Good morning, and welcome to Bladex's Third Quarter 2022 Earnings Call. A slide presentation is accompanying today's webcast and is available in the Investor Section of the company's website www.bladex.com. There will be an opportunity for you to ask questions at the end of today's presentation. This conference call is being recorded. As a reminder, all participants will be in listen-only mode.
Now, I would like to turn the call over to Mr. Carlos Raad, Investor Relations Officer. Please go ahead.
Carlos Raad
Good morning, everyone. And thanks for joining our third quarter 2022 earnings call. Before we begin our presentation, allow me to remind you that certain statements made during the course of this discussion may constitute forward-looking statements, which are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to materially differ, including factors that may be beyond the company's control. For a description of these risks, please refer to our filings with the U.S. Securities and Exchange Commission and our earnings release.
Speaking on today's call is our CEO, Jorge Salas, who will provide an overview of performance for the quarter and review the drivers behind these results as Bladex advances on the execution of the renewed strategy. Ana Mendez, our CFO will then discuss the quarter financial results in more detail. And after that, we'll open the call for your question. Also joining us today are some of my colleagues from the executive team that will be available for Q&A.
With this, let me turn the call to Jorge. Please go ahead.
Jorge Salas
Thank you, Carlos and good morning everyone.
Bladex continue to deliver strong results in the third quarter as we execute our strategic plan in advance on our goal of driving profitable growth. Economic activity in Latin America has remained resilient, with foreign trade close reaching record high. The economic activity in the region together with tight credit markets and a successful execution of our strategy has contributed to higher commercial volumes, as well as an expansion in lending spreads for Bladex.