Bladex, Bancomext sign master agreement to support intra-regional trade
Banco Latinoamericano de Comercio Exterior, S.A. announced the signing of its participation in the Trade Guaranties Program of Banco Nacional de Comercio Exterior, to foster Mexico's commercial activity and enhance its integration with the rest of the Latin-American and Caribbean Region. The guaranties under the Bancomext Program are applicable to the import and export of Mexican goods and services, as well as to the execution of projects supporting both, the cross border expansion of Mexican companies, and foreign direct investment towards Mexico. Bladex, through its participation in the Program, contributes to the regional economic integration and boosts the trade flows dynamics across the Region. The Program aims to cover financing transactions mainly in the consumer, intermediate and capital goods sectors, transportation equipment, and project finance.