Jorge Salas
Chief Executive Officer
Replay available
Bladex, Inc. Class E (NYSE: BLX) Q4 2025 earnings conference call, held 2026-02-13. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Analyst, BTG Pactual
Analyst, Santander
Analyst, Credicorp Capital
Watch the replay and follow the connected company analysis, news, and investor updates for Banco Latinoamericano De Comercio Exterior, S.a..
WEBVTT 00:00:00.031 -- 00:00:05.237 Good morning, ladies and gentlemen, and welcome to Bladex's fourth quarter 2025 earnings 00:00:05.237 -- 00:00:10.624 conference call. A slide presentation is accompanying today's webcast and is 00:00:10.624 -- 00:00:16.769 also available on the web investor section of the company's website, www.bladex.com. 00:00:17.933 -- 00:00:23.419 There will be an opportunity for you to ask questions at the end of today's presentation. 00:00:23.419 -- 00:00:26.583 Please note today's conference call is being recorded. 00:00:26.583 -- 00:00:29.950 As a reminder, all participants will be in listen-only mode. 00:00:29.950 -- 00:00:32.434 I would now like to turn the call over to Mr. 00:00:32.434 -- 00:00:38.961 Jorge Salas, Chief Executive Officer. Please, sir, go ahead. 00:00:39.926 -- 00:00:42.991 Good morning, everyone, and thank you for joining me. 00:00:42.991 -- 00:00:48.921 Today, we will discuss VLATES' four-quarter and full-year 2025 results. 00:00:48.921 -- 00:00:53.748 I will begin with the key highlights, and then Annette, our CFO, will walk you through 00:00:53.748 -- 00:00:56.933 the financial results in more detail. 00:00:56.933 -- 00:01:02.401 After that, I will comment on the macro environment and its implications for Latin America 00:01:02.401 -- 00:01:08.707 and for Gladix. Finally, I will discuss our guidance for 2026. 00:01:09.091 -- 00:01:12.853 After that, we will open the call for questions. 00:01:13.037 -- 00:01:19.603 This same week, a year ago, we shared detailed guidance for 2025. 00:01:19.917 -- 00:01:25.105 As you can see from our 2025 guidance slide, we delivered in 00:01:25.105 -- 00:01:29.489 all key metrics we guided for in 2025. 00:01:30.254 -- 00:01:35.302 Achieving this in a year marked by high global liquidit...