PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026

Commission File Number 1-11414

(Exact name of Registrant as specified in its Charter)

(Translation of Registrant’s name into English)

Business Park Torre V, Ave. La Rotonda, Costa del Este

P.O. Box 0819-08730

Panama City, Republic of Panama

(Address of Principal Executive Office)

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

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, thereunto duly authorized.

Bladex (NYSE: BLX, or “the Bank”), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the First Quarter (“1Q26”) ended March 31, 2026.

The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).

•Solid profitability with Net Profits reaching $56.4 million in 1Q26 (+9% YoY), supported by continued balance sheet expansion and revenue generation. Earnings per share totaled $1.31 for 1Q26, reflecting the deduction of the AT1 coupon distribution from net profit attributable to common shareholders, in accordance with the applicable EPS calculation.

•Adjusted Annualized Return on Equity stood at 14.2% for 1Q26, reflecting disciplined balance sheet growth, solid fee generation, and continued funding optimization. Including the effect of the AT1 issuance completed in late September 2025, the annualized Return on Equity (“ROE”) reached 13.5% in 1Q26.

•Net Interest Income (“NII”) resulted in $70.2 million in 1Q26 (+8% YoY) mostly driven by higher average business volumes. Net Interest Margin (“NIM”) stood at 2.34% for 1Q26 (-2bps YoY), reflecting lower base rates implemented in the fourth quarter of 2025 and increased market liquidity driving competitive pricing and margin compression, which was partially offset by improved funding costs driven by deposit growth, as well as pricing discipline.

•Fees and non-interest income totaled $12.9 million for 1Q26 (+2% YoY), mainly driven by higher fees (+$2.5 million or +24% YoY) from the Bank’s off-balance sheet business (letters of credit and commitments) supported by consistent client engagement and increased transactionality. Fee generation was also supported by the loan syndication desk, reflecting continued execution across the Bank’s structuring and distribution capabilities.

•Well-managed Efficiency Ratio of 26.5% for 1Q26, as higher total revenues (+7% YoY) compensated the increase in operating expenses (+5% YoY), associated with continuing investments in technology, modernization and other business initiatives related to the Bank’s strategic priorities, including its associated operating costs and depreciation and amortization.

•Credit Portfolio reached new all-time high at $13,487 million as of March 31, 2026 (+13% YoY), resulting from:

◦Commercial Portfolio EoP balances reaching a peak of $12,047 million at the end of 1Q26 (+13% YoY), reflecting strong growth across all products lines. In addition, the Bank created in this quarter a “Commercial Bond Portfolio” as a strategic capital deployment mechanism applied selectively within the Bank’s existing credit framework, with an outstanding principal balance of $234 million as of March 31, 2026.

◦Treasury Investment Portfolio of $1,440 million (+14% YoY), mostly consisting of investment-grade securities outside of Latin America held at amortized cost, further enhancing country and credit-risk diversification and providing contingent liquidity funding.

•Healthy asset quality, with most of the credit portfolio (97.5%) remaining low-risk or Stage 1 at the end of 1Q26. Stage 2 exposures increased to 2.2% of the portfolio at the end of 1Q26, resulting from the Bank’s proactive and cautionary credit assessment against a backdrop of challenging macroeconomic and operating conditions. Impaired credits or Stage 3 principal balance remained unchanged at $38.7 million or 0.3% of total Credit Portfolio, with a reserve coverage of 2.9x.

•Heightened and diversified deposit base, reaching historically high levels of $7,307 million at the end of 1Q26 (+25% YoY), representing 63% of the Bank’s total funding sources (+6pp YoY). The Bank also maintained ample and constant access to interbank and debt capital markets, most recently denoted by the MXN4.3 billion bond issued in April 2026 in the Mexican capital market.

•Strong Liquidity position at $1,988 million, or 14.5% of total assets as of March 31, 2026, mostly consisting of deposits placed with the Federal Reserve Bank of New York (80%).

•The Bank’s Tier 1 Basel III Capital and Regulatory Capital Adequacy Ratios resulted in 17.9% and 14.7% at the end of 1Q26, respectively, both well above internal targets and regulatory minimum and providing ample headroom for capital deployment.

Bladex’s activities are comprised of two business segments, Commercial and Treasury. Information related to each segment is set out below. Business segment reporting is based on the Bank’s managerial accounting process, which assigns assets, liabilities, revenue, and expense items to each business segment on a systemic basis.

The Commercial Business Segment encompasses the Bank’s core business of financial intermediation and fee generation activities developed to cater to corporations, financial institutions, and investors in Latin America. These activities include the origination of bilateral short-term and medium-term loans, structured and syndicated credits, loan commitments, and financial guarantee contracts such as issued and confirmed letters of credit, stand-by letters of credit, guarantees covering commercial risk, and other assets consisting of customers’ liabilities under acceptances and investment securities managed by the Commercial business unit (or “Commercial Bond Portfolio”).

The majority of the Bank’s core financial intermediation business, consisting of loans – principal balance (or the “Loan Portfolio”), amounted to $9,696 million at the end of 1Q26, representing an increase of 6% QoQ and 12% YoY, as the Bank selectively deployed balance-sheet capacity driven by longer-tenor transactions with attractive risk-adjusted returns. In addition, contingencies and acceptances amounted to $2,117 million at the end of 1Q26 (+6% QoQ and YoY), complementing loan growth and supporting solid client demand and commercial activity across the Region. Additionally, the Bank created a “Commercial Bond Portfolio” as a strategic capital deployment mechanism applied selectively within the Bank’s existing credit framework, with outstanding principal balances of $234 million registered as securities at fair value through comprehensive income (“FVOCI”), as of March 31, 2026.

Consequently, the Bank’s Commercial Portfolio reached an all-time high of $12,047 million at the end of 1Q26, with increases of 8% from $11,184 million in the prior quarter and of 13% from $10,686 million a year ago, highlighting the continued growth strategy execution aligned with prudent capital management. In addition, the average Commercial Portfolio balances totaled $11,316 million in 1Q26 (+5 QoQ and +11% YoY).

As of March 31, 2026, 64% of the Commercial Portfolio was scheduled to mature within a year and trade finance transactions accounted for 59% of the Bank’s short-term original book.

Weighted average lending rates stood at 6.71% in 1Q26 (-34bps QoQ; -82bps YoY), reflecting the continued impact of lower USD market-based interest rates and ample market liquidity driving competitive pricing.

Bladex maintains well-diversified exposures across countries and industries. At the end of 1Q26, Guatemala represents the largest country-risk exposure of the total Commercial Portfolio at 14%, followed by Brazil and Colombia, each at 12%, Mexico at 11%, Dominican Republic at 9%, and exposure to top-rated countries outside of Latin America at 7%, which relates to transactions carried out in the Region. As of March 31, 2026, 34% of the Commercial Portfolio was geographically distributed in investment grade countries.

Exposure to the Bank’s traditional client base comprising financial institutions represented 25% of the total, while sovereign and state-owned corporations accounted for another 16%. Exposure to corporates accounted for the remainder 59% of the Commercial Portfolio, comprised of top-tier clients well diversified across sectors, with the most significant exposures in Electric Power and Oil & Gas (Integrated), each at 11%, Food and Beverage at 9%, Oil & Gas (Downstream) and Other Manufacturing Industries at 5% each, of the Commercial Portfolio at the end of 1Q26.

Refer to Exhibit VII for additional information related to the Bank’s Commercial Portfolio distribution by country.

Profits from the Commercial Business Segment include: (i) net interest income from loans and investment securities of the Commercial bond Portfolio; (ii) fees and commissions from the issuance, confirmation and negotiation of letters of credit, guarantees and loan commitments, as well as through loan structuring and syndication activities; (iii) gain on sale of loans generated through loan intermediation activities, such as sales and distribution in the primary market; (iv) gain (loss) on sale of loans measured at FVTPL; (v) impairment losses on financial instruments; and (vi) direct and allocated operating expenses.

Commercial Segment Profit totaled $53.1 million in 1Q26 (+2% QoQ and +11% YoY). The increases were mostly driven by top line performance in net interest income supported by heightened average business volumes coupled with solid fee income generation, offsetting the effects of higher operating expenses YoY and lower loan sale-related income, as the Bank focused on retaining these assets to support net interest income generation.

The Treasury Business Segment manages the Bank’s Treasury investment portfolio and overall asset and liability structure to enhance funding efficiency and liquidity, mitigating the traditional financial risks associated with the balance sheet, such as interest rate, liquidity, price, and currency risks. Interest-earning assets managed by the Treasury Business Segment include liquidity positions in cash and cash equivalents, as well as highly liquid corporate debt securities rated ‘A-‘ or above, and financial instruments related to Treasury investment management activities, consisting of the principal balances of securities at fair value through other comprehensive income (“FVOCI”) and securities at amortized cost (the “Treasury Investment Portfolio”). The Treasury Business Segment also manages the Bank’s interest-bearing liabilities, consisting of deposits, securities sold under repurchased agreements, borrowed funds and floating and fixed rate debt placements.

The Bank’s liquid assets, mostly consisting of cash and due from banks, totaled $1,988 million as of March 31, 2026, compared to $1,911 million as of December 31, 2025, and $1,852 million as of March 31, 2025, highlighting the Bank’s proactive and prudent liquidity management approach in response to higher interest-bearing assets, also conforming with Basel methodology’s liquidity coverage ratio, as required by Panamanian banking regulator. At the end of those periods, liquidity balances to total assets represented 14.5%, 14.9% and 14.9%, respectively, while the liquidity balances to total deposits ratio was 27%, 29% and 32%, respectively. As of March 31, 2026, 80% of total liquid assets represented deposits placed with the Federal Reserve Bank of New York (“FED”).

The Treasury Investment Portfolio, focused on further diversifying credit-risk exposures and providing contingent liquidity funding, amounted to $1,440 million in principal amount as of March 31, 2026, up 2% from the previous quarter and up 14% from a year ago. As of March 31, 2026, 96% of the Investment Portfolio consists of investment-grade credit securities eligible for the FED discount window, and $49 million consists of highly rated corporate debt securities (‘A-‘ or above) classified as high quality liquid assets (“HQLA”) in accordance with the specifications of the Basel Committee. Refer to Exhibit VIII for a per-country risk distribution of the Investment Portfolio.

The Bank’s principal sources of funds are the principal balances of deposits, borrowed funds and floating and fixed rate debt placements. As of March 31, 2026, total net funding amounted to $11,607 million, representing an increase of 8% compared to $10,727 million a quarter ago, and of 12% compared to $10,322 million a year ago, as the Bank continues to diversify its funding base to support the Bank’s ongoing commercial strategic initiatives.

The Bank obtains deposits from central banks, as well as from multilaterals, commercial banks, brokers and corporations primarily located in the Region. The principal balance of deposits amounted to $7,307 million at the end of 1Q26 (+11% QoQ and +25% YoY), representing 63% of total funding sources, supported by effective cross-selling efforts, highlighting the change in the funding structure towards higher reliance in deposits.

As of March 31, 2026, the Bank’s Yankee CD program totaled $1,715 million, or 15% of total funding sources, further diversifying the deposit base and providing granularity and complementing the short-term funding structure and long-standing support from the Bank’s Class A shareholders (i.e.: central banks and their designees), which represented 30% of total deposits at the end of 1Q26.

Funding through the principal balance of short and medium-term borrowings and debt, net of transaction costs and interest payable increased 1% QoQ and YoY to $4,091 million at the end of 1Q26. The Bank’s ample and constant access to interbank and debt capital markets is clearly evidenced through public debt issuances in Mexico and Panama, coupled with private debt issuances placed in different markets primarily in Asia, Europe, the United States and Latin America. Funding through the principal balance of securities sold under repurchase agreements (“Repos”) reached $244 million at the end of 1Q26 (+88% QoQ; -47% YoY).

The Bank's funding sources are well diversified across geographies and currencies. In addition, the Bank has no significant foreign exchange risk, nor does it hold material open foreign exchange positions. Funding obtained in other currencies is hedged with derivatives to avoid any currency mismatch.

Weighted average funding costs resulted in 4.43% in 1Q26 (-26bps QoQ; -67bps YoY), mainly due to higher reliance on deposits, preserving margin discipline and funding stability, and the effect of lower USD market-based interest rates.

Profits from the Treasury Business Segment include net interest income derived from the above-mentioned Treasury assets and liabilities, and related net other income (net results from derivative financial instruments and foreign currency exchange, gain (loss) per financial instruments at fair value through profit or loss (“FVTPL”), gain (loss) on sale of securities, gain (loss) on intermediary derivatives and other income), recovery or impairment loss on financial instruments, and direct and allocated operating expenses.

The Treasury Business Segment recorded $3.3 million profit for 1Q26 (-18% QoQ; -14% YoY). The quarterly and yearly decreases were mainly attributable to losses from the sale of investment securities and increasing operating expenses, offset by higher net interest income driven by an efficient cost of funds and active liquidity management, along with gains resulting from the Bank’s hedging derivatives and foreign exchange positions and reversals of impairment losses on financial instruments.

NII resulted in $70.2 million in 1Q26 (stable QoQ; +8% YoY). Solid NII levels continue to be supported by heightened average business volumes, disciplined pricing, improved funding mix, spreads stabilization through medium-term transactions, together with a continued deposit growth allowing for an efficient cost of funds, offset the continued impact of margin compression from high USD market liquidity amid intensified competition for quality assets, adding pressure on asset pricing and yields. Alongside the factors discussed above and considering the cumulative effect of market reference rate cuts implemented in the fourth quarter of 2025, NIM stood at 2.34% in 1Q26.

Non-Interest Income comprises Fees and Commissions, net, including revenues associated with the letter of credit business and guarantees, credit commitments, structuring services, loan intermediation and distribution in the primary market, and other commissions, net of expenses; gains (losses) on financial instruments, net, including gains from the sales of financial instruments, as well as unrealized gains or losses on fair value valuations; and other income, net.

Non-interest income reached $12.9 million in 1Q26 (-29% QoQ; +2% YoY). The results were mainly driven by robust fees and commissions generation (-9% QoQ and +24% YoY) reflecting seasonality effects on its performance. The Bank’s off-balance sheet business (letters of credit and commitments) delivered $7.3 million in 1Q26 (+9% YoY) supported by consistent client engagement and increased transactionality. The Bank’s loan syndication desk business continues to deliver solid results, with $3.1 million in 1Q26 (+31% YoY), as the Bank’s participation in project and infrastructure finance continues to expand, ahead of the Bank’s full balance sheet deployment. During the quarter, gains from the Bank’s hedging derivatives and foreign exchange positions declined, along with loan sale-related income, as the Bank focused on retaining these assets to support net interest income generation.

(US$ million, except percentages)						1Q26						4Q25						3Q25						2Q25						1Q25
Allowance for loan losses
Balance at beginning of the period						$	94.3					$	87.0					$	81.9					$	77.3					$	78.2
Impairment losses (reversals)						3.8						6.7						5.1						4.6						(0.9)
Recoveries (write-offs)						0.0						0.6						0.0						0.0						0.0
End of period balance						$	98.0					$	94.3					$	87.0					$	81.9					$	77.3
Allowance for loan commitments and financial guarantee contract losses
Balance at beginning of the period						$	12.1					$	13.3					$	11.9					$	11.3					$	5.4
Impairment losses (reversals)						0.7						(1.2)						1.4						0.5						6.0
End of period balance						$	12.8					$	12.1					$	13.3					$	11.9					$	11.3
Allowance for Investment Portfolio losses
Balance at beginning of the period						$	1.0					$	1.2					$	1.2					$	1.2					$	1.3
Impairment losses (reversals)						0.3						(0.2)						0.0						0.0						(0.1)
Recoveries (write-offs)						0.0						0.0						0.0						0.0						0.0
End of period balance						$	1.3					$	1.0					$	1.2					$	1.2					$	1.2
Total allowance for Credit Portfolio losses						$	112.2					$	107.4					$	101.5					$	95.0					$	89.8
Allowance for cash and due from banks losses						$	0.1					$	0.2					$	0.1					$	0.0					$	0.2
Total allowance for losses						$	112.3					$	107.6					$	101.5					$	95.1					$	90.0
(at the end of each period)
Total allowance for losses to Credit Portfolio						0.8		%				0.9		%				0.8		%				0.8		%				0.8		%
Credit-impaired loans to Loan Portfolio						0.4		%				0.4		%				0.2		%				0.2		%				0.2		%
Impaired Credits to Credit Portfolio						0.3		%				0.3		%				0.2		%				0.2		%				0.1		%
Total allowance for losses to impaired credits (times)						2.9						2.8						5.4						5.1						5.3
Stage 1 Exposure (low risk) to Total Credit Portfolio						97.5		%				98.2		%				97.2		%				97.9		%				97.9		%
Stage 2 Exposure (increased risk) to Total Credit Portfolio						2.2		%				1.5		%				2.6		%				2.0		%				2.0		%
Stage 3 Exposure (credit impaired) to Total Credit Portfolio						0.3		%				0.3		%				0.2		%				0.2		%				0.1		%

As of March 31, 2026, the total allowance for losses stood at $112.3 million, compared to $107.6 million the previous quarter, and $90.0 million a year ago.

The $4.7 million increase in allowance for credit losses in 1Q26 was mainly associated with increased coverage on selected exposures classified at Stage 2, resulting from the Bank’s proactive and cautionary credit assessment against a backdrop of challenging macroeconomic and operating conditions. Credits categorized as Stage 1 or low-risk credits under IFRS 9 accounted for 97.5% of total credits, while Stage 2 credits with increased risk since origination represented 2.2% of total credits.

As of March 31, 2026, the principal balance of impaired credits (Stage 3) remained unchanged at $38.7 million, or 0.3% of total Credit Portfolio, with ample reserve coverage, compared to $38.7 million in the previous quarter and $17.0 million a year ago.

Allowances for losses associated with the Credit Portfolio represented a coverage ratio of 0.8% at the end of 1Q26. Total allowance for credit losses to impaired credits resulted in 2.9 times.

Operating expenses totaled $22.0 million in 1Q26 (-20% QoQ; +5% YoY). The yearly increases were mostly associated with continuing investments in technology, modernization and other business initiatives related to the Bank’s strategic priorities, including its associated operating costs and depreciation and amortization. The 20% quarterly decrease was attributed to seasonal year-end effects including higher variable compensation expenses aligned with the financial results for the prior year.

The Efficiency Ratio totaled 26.5% in 1Q26 (-437bps QoQ; -45bps YoY) as total revenues offset the pressure from ongoing operating expenses, demonstrating the Bank’s ability to absorb strategic investments while preserving cost discipline, balancing investments in growth and transformation with a continued focus on operating efficiency.

The following table shows capital amounts and ratios as of the dates indicated:

The Bank’s equity mainly consists of issued and fully paid ordinary common stock, with 37.5 million common shares outstanding as of March 31, 2026. In addition, the Bank’s capital position considers the US$200 million inaugural Additional Tier 1 (AT1) capital issuance, registered in the Bank’s statement of financial position as other equity instruments, net of transaction costs.

As of March 31, 2026, the Tier 1 Basel III Capital Ratio, in which risk-weighted assets are calculated under the advanced internal ratings-based approach (IRB) for credit risk, resulted in 17.9%. Similarly, the Bank’s Capital Adequacy Ratio, as defined by Panama’s banking regulator under Basel’s standardized approach, was 14.7% as of March 31, 2026, well above the regulatory minimum of 9.25%. Additionally, the Bank’s Ordinary Common Tier 1 Capital Ratio, as defined by the Panama’s banking regulator, was 11.6% as of March 31, 2026, well above the regulatory minimum of 5.75%.

•Quarterly dividend payment: The Board of Directors approved a quarterly common dividend of $0.6875 per share corresponding to 1Q26. The cash dividend will be paid on May 27, 2026, to shareholders registered as of May 8, 2026.

•Annual Shareholders’ Meeting Results: At the Annual Shareholders’ Meeting held on April 21, 2026, in Panama City, Panama, shareholders:

◦Approved an amendment of the Article 1 of the Bank’s Articles of Incorporation to change the name of the Bank from “Banco Latinoamericano de Comercio Exterior, S.A.” to “Bladex, Inc.”

◦Reelected Mr. José Alberto Garzon and elected Mr. Juan Alberto Pazo, as Directors representing the holders of Class “A” shares of the Bank’s common stock,

◦Elected Ms. Julianne Canavaggio as Director representing the holders of Class “E” shares of the Bank’s common stock,

◦Approved the Bank’s audited consolidated financial statements for the fiscal year ended December 31, 2025,

◦Ratified KPMG as the Bank’s independent registered public accounting firm for the fiscal year ending December 31, 2026,

◦Approved, on an advisory basis, the compensation of the Bank’s executive officers.

•Numbers and percentages set forth in this earnings release have been rounded and accordingly may not total exactly.

•QoQ and YoY refer to quarter-on-quarter and year-on-year variations, respectively.

1.Earnings per Share (“EPS”) calculation is based on the average number of shares outstanding during each period.

2.ROE refers to return on average stockholders’ equity which is calculated based on unaudited daily average balances.

3.ROE excluding other equity instruments refers to the adjusted net profit after AT1 distributions over average stockholders’ equity excluding other equity instruments, which is calculated based on unaudited daily average balances.

4.ROA refers to return on average assets which is calculated based on unaudited daily average balances.

5.NIM refers to net interest margin which constitutes to Net Interest Income (“NII”) divided by the average balance of interest-earning assets.

6.NIS refers to net interest spread which constitutes the average yield earned on interest-earning assets, minus the average yield paid on interest-bearing liabilities.

7.Efficiency Ratio refers to consolidated operating expenses as a percentage of total revenues.

8.The Bank’s “Credit Portfolio” includes (i) loans – principal balance, which excludes interest receivable, allowance for loan losses, and unearned interest and deferred fees (or the “Loan Portfolio”); (ii) principal balance of securities at FVOCI and at amortized cost, which excludes interest receivable and allowance for expected credit losses; and (iii) loan commitments and financial guarantee contracts, such as confirmed and stand-by letters of credit and guarantees covering commercial risk and other assets consisting of customers’ liabilities under acceptances.

9.The Bank’s “Commercial Portfolio” includes loans – principal balance (or the “Loan Portfolio”), loan commitments and financial guarantee contracts, such as issued and confirmed letters of credit, stand-by letters of

credit, guarantees covering commercial risk and other assets consisting of customers’ liabilities under acceptances; and the principal balance of investment securities managed by the Bank’s Commercial Unit (or the “Commercial Bond Portfolio”).

10.Market capitalization corresponds to total outstanding common shares multiplied by market close price at the end of each corresponding period.

11.Tier 1 Capital ratio is calculated according to Basel III capital adequacy guidelines, and as a percentage of risk-weighted assets. Risk-weighted assets are estimated based on Basel III capital adequacy guidelines, utilizing internal-ratings based approach or “IRB” for credit risk and standardized approach for operational risk.

12.As defined by the Superintendency of Banks of Panama (“SBP”) through Rules No. 01-2015, 03-2016 and 05-2023, based on Basel III standardized approach. The capital adequacy ratio is defined as the ratio of capital funds to risk-weighted assets, rated according to the asset’s categories for credit risk. In addition, risk-weighted assets consider calculations for market risk and operating risk.

13.Liquid assets consist of total cash and due from banks, excluding time deposits with original maturity over 90 days and other restricted deposits, as well as corporate debt securities rated A- or above. Liquidity ratio refers to liquid assets as a percentage of total assets.

14.Loan Portfolio refers to loans – principal balance, which excludes interest receivable, allowance for loan losses, and unearned interest and deferred fees. Credit-impaired loans are also commonly referred to as Non-Performing Loans or NPLs.

15.Impaired Credits refers to the principal balance of Non-Performing Loans or NPLs and non-performing securities at FVOCI and at amortized cost.

16.Total allowance for losses refers to allowance for loan losses plus allowance for loan commitments and financial guarantee contract losses, allowance for investment securities losses and allowance for cash and due from banks losses.

This press release contains forward-looking statements of expected future developments within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as: “anticipate”, “intend”, “plan”, “goal”, “seek”, “believe”, “project”, “estimate”, “expect”, “strategy”, “future”, “likely”, “may”, “should”, “will” and similar references to future periods. The forward-looking statements in this press release include the Bank’s financial position, asset quality and profitability, among others. These forward-looking statements reflect the expectations of the Bank’s management and are based on currently available data; however, actual performance and results are subject to future events and uncertainties, which could materially impact the Bank’s expectations. Among the factors that can cause actual performance and results to differ materially are as follows: the coronavirus (COVID-19) pandemic and geopolitical events; the anticipated changes in the Bank’s credit portfolio; the continuation of the Bank’s preferred creditor status; the impact of increasing/decreasing interest rates and of the macroeconomic environment in the Region on the Bank’s financial condition; the execution of the Bank’s strategies and initiatives, including its revenue diversification strategy; the adequacy of the Bank’s allowance for expected credit losses; the need for additional allowance for expected credit losses; the Bank’s ability to achieve future growth, to reduce its liquidity levels and increase its leverage; the Bank’s ability to maintain its investment-grade credit ratings; the availability and mix of future sources of funding for the Bank’s lending operations; potential trading losses; the possibility of fraud; and the adequacy of the Bank’s sources of liquidity to replace deposit withdrawals. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region. The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, and the United States of America, and a Representative License in Peru, supporting the regional expansion and servicing its customer base, which includes financial institutions and corporations.

Bladex is listed on the NYSE in the United States of America (NYSE: BLX), since 1992, and its shareholders include: central banks and state-owned banks and entities representing 23 Latin American countries; commercial banks and financial institutions; and institutional and retail investors through its public listing.

There will be a conference call to discuss the Bank’s quarterly results on Tuesday, April 28, 2026, at 11:00 a.m. New York City time (Eastern Time). For those interested in participating, please click here to pre-register to our conference call or visit our website at https://bladex.com/. Participants should register five minutes before the call is set to begin. The webcast presentation will be available for viewing and downloads on https://bladex.com/. The conference call will become available for review one hour after its conclusion.

For more information, please access https://bladex.com or contact:

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(1)Gross of interest receivable and the allowance for losses relating to deposits.

(2)Gross of interest receivable and the allowance for losses relating to financial instruments at amortized cost.

(3)Includes lease liabilities, net of prepaid commissions.

Note: Interest income and/or expense includes the effect of derivative financial instruments used for hedging.

(In US$ thousand)

						AT THE END OF,
						(A)												(B)												(C)
						March 31, 2026												December 31, 2025												March 31, 2025												Change in Amount
COUNTRY						Amount						% of Total  Outstanding						Amount						% of Total  Outstanding						Amount						% of Total  Outstanding						(A) - (B)						(A) - (C)
ARGENTINA						$	435					3						$	365					3						$	362					3						$	70					$	73
BRAZIL						1,421						11						1,268						10						1,480						12						153						(59)
CHILE						616						5						595						5						585						5						21						31
COLOMBIA						1,413						10						1,174						9						1,059						9						239						354
COSTA RICA						474						4						525						4						443						4						(51)						31
DOMINICAN REPUBLIC						1,044						8						1,092						9						931						8						(48)						113
ECUADOR						573						4						389						3						481						4						184						92
EL SALVADOR						171						1						155						1						75						1						16						96
GUATEMALA						1,725						13						1,653						13						1,179						10						72						546
HONDURAS						147						1						129						1						235						2						18						(88)
JAMAICA						101						1						58						0						63						1						43						38
MEXICO						1,350						10						1,326						11						1,330						11						24						20
PANAMA						699						5						679						5						625						5						20						74
PARAGUAY						167						1						208						2						156						1						(41)						11
PERU						414						3						395						3						845						7						19						(431)
PUERTO RICO						19						0						22						0						28						0						(3)						(9)
SURINAME						150						1						150						1						0						0						0						150
TRINIDAD & TOBAGO						245						2						214						2						169						1						31						76
UNITED STATES OF AMERICA						1,031						8						990						8						828						7						41						203
URUGUAY						139						1						71						1						122						1						68						17
MULTILATERAL ORGANIZATIONS						102						1						97						1						78						1						5						24
OTHER NON-LATAM (1)						1,051						8						1,044						8						876						7						7						175
TOTAL CREDIT PORTFOLIO (2)						$	13,487					100		%				$	12,599					100		%				$	11,950					100		%				$	888					$	1,537
INTEREST RECEIVABLE						135												104												138												31						(3)
UNEARNED INTEREST AND DEFERRED FEES						(34)												(35)												(31)												1						(3)
TOTAL CREDIT PORTFOLIO, NET OF INTEREST RECEIVABLE, UNEARNED INTEREST & DEFERRED FEES						$	13,588											$	12,668											$	12,057											$	920					$	1,531