EX-8.1 4 v187872_ex8-1.htm

Exhibit 8.1

Subsidiaries of Banco Latinoamericano de Comercio Exterior, S.A.

Name of Subsidiary		Jurisdiction of Incorporation
Bladex Holdings Inc.		United States
Bladex Asset Management Inc.		United States
Bladex Offshore Feeder Fund		Cayman Islands
Bladex Capital Growth Fund		Cayman Islands
Clavex, LLC		United States
Bladex Representacao Ltda.		Brazil
Clavex, S.A.		Panama