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Item 16B. Code of Ethics

The Bank has adopted a Code of Ethics that applies to the Bank’s principal executive officer, principal financial officer and principal accounting officer and was amended in April of 2023 and approved by the Board of Directors in its meetings held on April 25, 2023, without material-substantive changes.

A copy of the Bank’s amended Code of Ethics was filed with the SEC as an Exhibit to the Annual Report on Form 20-F for the fiscal year ended December 31, 2022, and may also be found on the “Corporate Governance” section of the Bank’s website at https://www.bladex.com/en/governance (for purposes of Section 406 of the Sarbanes-Oxley Act of 2002).

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