UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.23)
Foreign Trade Bank of Latin America, Inc.
(Name of Issuer)
E Shares
(Title of Class of Securities)
P16994132
(CUSIP Number)
December 31, 2022
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:
[x] Rule 13d-1 (b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled
out for a reporting persons initial filing on this
form with respect to the subject class of securities,
and for any subsequent amendment containing
information which would alter the disclosures
provided in a prior cover page.
The information required in the remainder of this
cover page shall not be deemed to be filed for the purpose
of Section 18 of the Securities Exchange Act of 1934 (Act)
or otherwise subject to the liabilities of that section of
the ACT but shall be subject to all other provisions of
the Act (however, see the Notes).
SEC 1745 (3-98)
CUSIP No.P16994132
1.
Names of Reporting Persons.
Brandes Investment Partners, L.P.
I.R.S. Identification Nos. of above persons (entities only).
33-0704072
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3.
SEC Use Only
4.
Citizenship or Place of Organization
Delaware
Number of Shares Beneficially owned by Each
Reporting Person With:
5.
Sole Voting Power
0
6.
Shared Voting Power
3,621,921 ORD
7.
Sole Dispositive Power
8.
Shared Dispositive Power
4,775,140 ORD
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
4,775,140 ORD
10.
Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
0
11.
Percent of Class Represented by Amount in Row (9)
17.18 %
12.
Type of Reporting Person (See Instructions)
IA, PN
CUSIP No.P16994132
1.
Names of Reporting Persons.
CO-GP, LLC.
I.R.S. Identification Nos. of above persons (entities only).
73-1677697
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) 0
(b) 0
3.
SEC Use Only
4.
Citizenship or Place of Organization
Delaware
Number of Shares Beneficially owned by Each
Reporting Person With:
5.
Sole Voting Power
6.
Shared Voting Power
3,621,921 ORD
7.
Sole Dispositive Power
8.
Shared Dispositive Power
4,775,140 ORD
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
4,775,140 ORD shares are deemed
to be beneficially owned by CO-
GP, LLC as a control person of
the investment adviser. CO-GP,
LLC disclaims any direct
ownership of the shares reported
in this Schedule 13G, except for
an amount that is substantially
less than one per cent of the
number of shares reported
herein.
10.
Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
0
11.
Percent of Class Represented by Amount in Row (9)
17.18 %
12.
Type of Reporting Person (See Instructions)
CO, OO (Control Person)
CUSIP No.P16994132
1.
Names of Reporting Persons.
Brandes Worldwide Holdings, L.P.
I.R.S. Identification Nos. of above persons (entities only).
33-0836630
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) 0
(b) 0
3.
SEC Use Only
4.
Citizenship or Place of Organization
Delaware
Number of Shares Beneficially owned by Each Person With:
5.
Sole Voting Power
6.
Shared Voting Power
3,621,921 ORD
7.
Sole Dispositive Power
8.
Shared Dispositive Power
4,775,140 ORD
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
4,775,140 ORD shares are deemed
to be beneficially owned by
Brandes Worldwide Holdings,
L.P., as a control person of
the investment adviser.
Brandes Worldwide Holdings,
L.P. disclaims any direct
ownership of the shares
reported in this Schedule 13G.
10.
Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
0
11.
Percent of Class Represented by Amount in Row (9)
17.18 %
12.
Type of Reporting Person (See Instructions)
PN, OO (Control Person)
CUSIP No.P16994132
1.
Names of Reporting Persons.
Glenn Carlson
I.R.S. Identification Nos. of above persons (entities only).
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) 0
(b) 0
3.
SEC Use Only
4.
Citizenship or Place of Organization
USA
Number of- Shares Beneficially owned by Each
Reporting Person With:
5.
Sole Voting Power
6.
Shared Voting Power
3,621,921 ORD
7.
Sole Dispositive Power
8.
Shared Dispositive Power
4,775,140 ORD
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
4,775,140 ORD shares are deemed
to be beneficially owned by
Glenn Carlson, a control person
of the investment adviser. Mr.
Carlson disclaims any direct
ownership of the shares
reported in Schedule 13G,
except for the amount that is
substantially less than one per
cent of the number of shares
reported herein.
10.
Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions)
0
11.
Percent of Class Represented by Amount in Row (9)
17.18%
12.
Type of Reporting Person (See Instructions)
IN, OO (Control Person)
Item 1(a) Name of Issuer:
Foreign Trade Bank of Latin America, Inc.
Item 1(b) Address of Issuers Principal Executive Offices:
Calle 50 y Aquilino de la Guar, Apartado 6-
1497 El Dorado, Panama City, Panama
Item 2(a) Name of Person Filing:
(i) Brandes Investment Partners, L.P.
(ii) CO-GP, LLC
(iii) Brandes Worldwide Holdings, L.P.
(iv) Glenn Carlson
Item 2(b) Address of Principal Business office
or, if None, Residence:
(i) 4275 Executive Square, 5th Floor, La Jolla, CA 92037
(ii) 4275 Executive Square, 5th Floor, La Jolla, CA 92037
(iii) 4275 Executive Square, 5th Floor, La Jolla, CA 92037
(iv) 4275 Executive Square, 5th Floor, La Jolla, CA 92037
Item 2(c) Citizenship
(i) Delaware
(ii) Delaware
(iii) Delaware
(iv) USA
Item 2(d) Title of Class Securities:
E Shares
Item 2(e) CUSIP Number: P16994132
Item 3. If this statement is filed pursuant to 240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [x] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o).
(b) [x] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) * Insurance company as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c).
(d) * Investment company registered under section 8
of the Investment Company Act (15 U.S.C. 80a-8).
(e) * An investment adviser in accordance
with 240.13d-1(b)(1)(ii)(E).
(f) * An employee benefit plan or endowment fund in
accordance with 240.13d-1(b)(ii)(F).
(g) * A parent holding company or control person in
accordance with240.13d-1(b)(1)(ii)(G).
(h) * A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813).
(i) * A church plan that is excluded from the definition of
an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j) * Group, in accordance with 240.13d-1(b)(1)(ii)(J).
.
This statement is filed by Brandes Investment Partners, L.P., an
investment adviser registered under the Investment Advisers Act of 1940,
its control persons and its holding company. (See, also, Exhibit A.)
Item 4. Ownership:
(a) Amount Beneficially Owned: 4,775,140 ORD
(b) Percent of Class: 17.18%
(c) Number of shares as to which the joint filers have:
(i) sole power to vote or to direct the vote:
0
(ii) shared power to vote or to direct the vote:
3,621,921 ORD
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
4,775,140 ORD
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report
the fact that as of the date hereof the
reporting person has ceased to be the
beneficial owner of more than five percent
of the class securities, check the
following ?. N/A.
Item 6. Ownership of More than Five Percent on
Behalf of Another Person. N/A
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding
Company.
N/A
Item 8. Identification and Classification of
Members of the Group.
See Exhibit A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification:
(a) The following certification shall be included if
the statement is filed pursuant to 240.13d-1(b):
By signing below I certify that, to
the best of my knowledge and belief,
the securities referred to above were
acquired and held in the ordinary
course of business and were not
acquired and are not held for the
purpose of or with the effect of
changing or influencing the control of
the issuer of the securities and were
not acquired and are not held in
connection with or as a participant in
any transaction having that purpose or
effect.
SIGNATURE
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information
set forth in this statement is true, complete and
correct.
Date: January 5, 2023
BRANDES INVESTMENT PARTNERS, L.P.
By: /s/ Glenn Carlson
Glenn Carlson, General Partner
Co-GP, LLC its General Partner
Co-GP, LLC
By: /s/ Glenn Carlson
Glenn Carlson, General Partner
BRANDES WORLDWIDE HOLDINGS, L.P.
By: /s/ Glenn Carlson
Glenn Carlson, of Co-GP, LLC its General Partner
By: /s/ Glenn Carlson
Glenn Carlson, Control Person
EXHIBIT A
Identification and Classification of Members of the
Group
Pursuant to Rule 13d-1(b)(ii)(J) and Rule 13d-
1(k)(1) under the Securities and Exchange Act of
1934, the members of the group making this joint
filing are identified and classified as follows:
Name: Brandes Investment Partners, L.P. (the Investment Adviser)
Classification: Investment adviser registered under
Investment Advisers Act of 1940
Name: Co-GP, LLC
Classification: A control person of the Investment
Adviser
Name: Brandes Worldwide Holdings, L.P.
Classification: A control person of the Investment Adviser
Name: Glenn Carlson
Classification: A control person of the Investment Adviser
EXHIBIT B
Joint Filing Agreement Pursuant to Rule 13d-1
This agreement is made pursuant to Rule 13d-
1(b)(ii)(J) and Rule 13d-1(k)(1) under the
Securities and Exchange Act of 1934 (the Act) by and
among the parties listed below, each referred to
herein as a Joint Filer. The Joint Filers agree
that a statement of beneficial ownership as required
by Sections 13(g) or 13(d) of the Act and the Rules
thereunder may be filed on each of their behalf on
Schedule 13G or Schedule 13D, as appropriate, and
that said joint filing may thereafter be amended by
further joint filings. The Joint Filers state that
they each satisfy the requirements for making a
joint filing under Rule 13d-1.
Dated: January 5, 2023
BRANDES INVESTMENT PARTNERS, L.P.
By: /s/ Glenn Carlson
Glenn Carlson, General Partner of Co-GP, LLC.
Co-GP, LLC.
By: /s/ Glenn Carlson
Glenn Carlson, General Partner
EXHIBIT C
Disclaimer of Beneficial Ownership
Co-GP, LLC, Brandes Worldwide Holdings, L.P., Glenn
Carlson, and Jeff Busby disclaim beneficial interest
as to the shares referenced above, except for an
amount equal to substantially less than one percent
of the shares reported on this Schedule 13D. None
of these entities or individuals holds the above-
referenced shares for its/his own account except on
a de minimis basis.
/s/Glenn Carlson
Glenn Carlson
/s/Jeff Busby
Jeff Busby