XML 51 R34.htm IDEA: XBRL DOCUMENT
v3.21.1

Related party transactions | 12 Months Ended
--- | ---
Dec. 31, 2020
Related party transactions |
Related party transactions | 28.Related party transactions The detail of the assets and liabilities with related private corporations and financial institutions is as follows:
|  | December 31, |  | December 31,
|  | 2020 |  | 2019
Assets |  |  |  |
Demand deposits |  | 3,269 |  | 3,812
Loans, net |  | 22,499 |  | 49,101
Total asset |  | 25,768 |  | 52,913
Liabilities |  |  |  |
Time deposits |  | 240,000 |  | 120,000
Total liabilities |  | 240,000 |  | 120,000
Contingencies |  |  |  |
Stand-by letters of credit |  | 28,300 |  | 20,000
Loss allowance |  | (60) |  | (49)
Total contingencies |  | 28,240 |  | 19,951
The detail of income and expenses with related parties is as follows:
|  | December 31,
|  | 2020 |  | 2019 |  | 2018
Interest income |  |  |  |  |  |
Loans |  | 1,390 |  | 2,837 |  | 2,751
Total interest income |  | 1,390 |  | 2,837 |  | 2,751
Interest expense |  |  |  |  |  |
Deposits |  | (2,961) |  | (3,927) |  | (984)
Borrowings and debt (1) |  | — |  | (645) |  | —
Total interest expense |  | (2,961) |  | (4,572) |  | (984)
Net interest income (expenses) |  | (1,571) |  | (1,735) |  | 1,767
Other income (expense) |  |  |  |  |  |
Fees and commissions, net |  | 420 |  | 132 |  | 1
(Loss) gain on financial instruments, net |  | — |  | (41) |  | 41
Other income, net |  | — |  | — |  | 1
Total other income, net |  | 420 |  | 91 |  | 43
Operating expenses |  |  |  |  |  |
Depreciation of equipment and leasehold improvements |  | — |  | (899) |  | —
Other expenses |  | — |  | (409) |  | (2,287)
Total operating expenses |  | — |  | (1,308) |  | (2,287)
Net income from related parties |  | (1,151) |  | (2,952) |  | (477)
| (1) |  | This caption includes the financial cost relating to leases and depreciation expense for the right-of-use assets that originates from the lease contract with related parties where the Bank acts as a lessee through December 31, 2019.
The total compensation paid to directors and the executives as representatives of the Bank amounted to:
|  | December 31,
|  | 2020 |  | 2019 |  | 2018
Expenses: |  |  |  |  |  |
Compensation costs to directors |  | 2,033 |  | 2,289 |  | 2,331
Compensation costs to executives |  | 5,448 |  | 3,244 |  | 4,943
Compensation costs to directors and executives, include annual cash retainers and the cost of granted restricted stock and restricted stock units.

X
- References No definition available. + Details
Name: | blx_DisclosureOfRelatedPartyAbstract
Namespace Prefix: | blx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for related parties. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2020-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IAS24_g13-24_TI -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfRelatedPartyExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration