FOREIGN TRADE BANK OF LATIN AMERICA, INC. | CIK:0000890541 | 3

  • Filed: 4/30/2018
  • Entity registrant name: FOREIGN TRADE BANK OF LATIN AMERICA, INC. (CIK: 0000890541)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/890541/000114420418023750/0001144204-18-023750-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/890541/000114420418023750/blx-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0000890541
  • Open this page in separate window: Click

    • ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory

    4.
    Cash and cash equivalents
     
     
     
    December 31,
    2017
     
    December 31,
    2016
     
     
     
     
     
     
     
     
     
    Cash and due from banks
     
     
    11,032
     
     
    89,656
     
    Interest-bearing deposits in banks
     
     
    661,016
     
     
    979,882
     
    Total
     
     
    672,048
     
     
    1,069,538
     
     
     
     
     
     
     
     
     
    Less:
     
     
     
     
     
     
     
    Pledged deposits
     
     
    53,241
     
     
    61,812
     
    Total cash and cash equivalents
     
     
    618,807
     
     
    1,007,726
     
     
    The following table presents the details on interest-bearing deposits in banks and pledged deposits:
     
     
     
    December 31, 2017
     
    December 31, 2016
     
     
     
    Amount
     
    Range
    Interest rate
     
    Amount
     
    Range
    Interest rate
     
    Interest-bearing deposits in banks:
     
     
     
     
     
     
     
     
     
     
     
     
     
    Demand deposits(1)
     
     
    661,016
     
     
    0.25% a 1.55
    %
     
    854,882
     
     
    0.01% to 0.77
    %
    Time deposits(2)
     
     
    -
     
     
    -
     
     
    125,000
     
     
    0.83% to 0.88
    %
    Total
     
     
    661,016
     
     
     
     
     
    979,882
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Pledged deposits:
     
     
     
     
     
     
     
     
     
     
     
     
     
    New York(3)
     
     
    3,000
     
     
    -
     
     
    2,800
     
     
    -
     
    Panama(4)
     
     
    50,241
     
     
    1.42
    %
     
    59,012
     
     
    0.66
    %
    Total
     
     
    53,241
     
     
     
     
     
    61,812
     
     
     
     
     
    (1)
    Demand deposits with bearing interest based on the daily rates determined by banks.
    (2)
    Time deposits “overnight” calculated on an average interest rate.
    (3)
    The New York Agency had a pledged deposit with the New York State Banking Department, as required by law since March 1994.
    (4)
    The Bank had pledged deposits to secure derivative financial instruments transactions.