Page 1 of 12

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 9) *

                    Foreign Trade Bank of Latin America, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                    E Shares
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    P16994132
                  --------------------------------------------
                                 (CUSIP Number)

                                December 31, 2010
--------------------------------------------------------------------------------
             (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  person's
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)

                                                                    Page 2 of 12

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              5.  Sole Voting Power
Shares Bene-          ----------------------------------------------------------
ficially owned         6.  Shared Voting Power           2,119,211 ORD
by Each               ----------------------------------------------------------
Reporting              7.  Sole Dispositive Power
Person With:          ----------------------------------------------------------
                       8.  Shared Dispositive Power      2,732,294 ORD
--------------------------------------------------------------------------------
       9. Aggregate Amount Beneficially Owned by Each Reporting Person
                                                         2,732,294 ORD
--------------------------------------------------------------------------------
      10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
          (See Instructions)                                                 |_|
--------------------------------------------------------------------------------
      11. Percent of Class Represented by Amount in Row (9)               9.85%
--------------------------------------------------------------------------------
      12. Type of Reporting Person (See Instructions)                     IA, PN
--------------------------------------------------------------------------------

                                                                    Page 3 of 12

CUSIP No.  P16994132

--------------------------------------------------------------------------------
       1. Names of Reporting Persons.         Brandes Investment Partners, Inc.
          I.R.S. Identification Nos. of above persons (entities only).
                                                                      33-0090873

--------------------------------------------------------------------------------
       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           California
--------------------------------------------------------------------------------
Number of              5.  Sole Voting Power
Shares Bene-          ----------------------------------------------------------
ficially owned         6.  Shared Voting Power           2,119,211 ORD
by Each               ----------------------------------------------------------
Reporting              7.  Sole Dispositive Power
Person With:          ----------------------------------------------------------
                       8.  Shared Dispositive Power      2,732,294 ORD
--------------------------------------------------------------------------------
       9. Aggregate Amount Beneficially Owned by Each Reporting Person

                2,732,294 ORD shares are deemed to be beneficially
                owned by Brandes Investment Partners, Inc., as
                a control person of the investment adviser.
                Brandes Investment Partners, Inc. 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)                                                 |_|
--------------------------------------------------------------------------------
      11. Percent of Class Represented by Amount in Row (9)               9.85%
--------------------------------------------------------------------------------
      12. Type of Reporting Person (See Instructions)    CO, OO (Control Person)
--------------------------------------------------------------------------------

                                                                    Page 4 of 12

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) |_|
          (b) |_|
--------------------------------------------------------------------------------
       3. SEC Use Only
--------------------------------------------------------------------------------
       4. Citizenship or Place of Organization           Delaware
--------------------------------------------------------------------------------
Number of              5.  Sole Voting Power
Shares Bene-          ----------------------------------------------------------
ficially owned         6.  Shared Voting Power           2,119,211 ORD
by Each               ----------------------------------------------------------
Reporting              7.  Sole Dispositive Power
Person With:          ----------------------------------------------------------
                       8.  Shared Dispositive Power      2,732,294 ORD
--------------------------------------------------------------------------------
       9. Aggregate Amount Beneficially Owned by Each Reporting Person

                2,732,294 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)                                                 |_|
--------------------------------------------------------------------------------
      11. Percent of Class Represented by Amount in Row (9)               9.85%
--------------------------------------------------------------------------------
      12. Type of Reporting Person (See Instructions)   PN, OO (Control Person)
--------------------------------------------------------------------------------

                                                                    Page 5 of 12

CUSIP No.  P16994132

--------------------------------------------------------------------------------
       1. Names of Reporting Persons.         Charles H. Brandes
          I.R.S. Identification Nos. of above persons (entities only).
--------------------------------------------------------------------------------
       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           USA
--------------------------------------------------------------------------------
Number of              5.  Sole Voting Power
Shares Bene-          ----------------------------------------------------------
ficially owned         6.  Shared Voting Power           2,119,211 ORD
by Each               ----------------------------------------------------------
Reporting              7.  Sole Dispositive Power
Person With:          ----------------------------------------------------------
                       8.  Shared Dispositive Power      2,732,294 ORD
--------------------------------------------------------------------------------
       9. Aggregate Amount Beneficially Owned by Each Reporting Person

                2,732,294 ORD shares are deemed to be beneficially
                owned by Charles H. Brandes, a control person
                of the investment adviser.  Mr. Brandes
                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)                                                 |_|
--------------------------------------------------------------------------------
      11. Percent of Class Represented by Amount in Row (9)               9.85%
--------------------------------------------------------------------------------
      12. Type of Reporting Person (See Instructions)    IN, OO (Control Person)
--------------------------------------------------------------------------------

                                                                    Page 6 of 12

CUSIP No.  P16994132

--------------------------------------------------------------------------------
       1. Names of Reporting Persons.         Glenn R. 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) |_|
          (b) |_|
--------------------------------------------------------------------------------
       3. SEC Use Only
--------------------------------------------------------------------------------
       4. Citizenship or Place of Organization           USA
--------------------------------------------------------------------------------
Number of              5.  Sole Voting Power
Shares Bene-          ----------------------------------------------------------
ficially owned         6.  Shared Voting Power           2,119,211 ORD
by Each               ----------------------------------------------------------
Reporting              7.  Sole Dispositive Power
Person With:          ----------------------------------------------------------
                       8.  Shared Dispositive Power      2,732,294 ORD
--------------------------------------------------------------------------------
       9. Aggregate Amount Beneficially Owned by Each Reporting Person

                2,732,294 ORD shares are deemed to be beneficially
                owned by Glenn R. Carlson, a control person of
                the investment adviser.  Mr. Carlson 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)                                                 |_|
--------------------------------------------------------------------------------
      11. Percent of Class Represented by Amount in Row (9)               9.85%
--------------------------------------------------------------------------------
      12. Type of Reporting Person (See Instructions)   IN, OO (Control Person)
--------------------------------------------------------------------------------

                                                                    Page 7 of 12

CUSIP No.  P16994132

--------------------------------------------------------------------------------
       1. Names of Reporting Persons.         Jeffrey A. Busby
          I.R.S. Identification Nos. of above persons (entities only).
--------------------------------------------------------------------------------
       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           USA
--------------------------------------------------------------------------------
Number of              5.  Sole Voting Power
Shares Bene-          ----------------------------------------------------------
ficially owned         6.  Shared Voting Power           2,119,211 ORD
by Each               ----------------------------------------------------------
Reporting              7.  Sole Dispositive Power
Person With:          ----------------------------------------------------------
                       8.  Shared Dispositive Power      2,732,294 ORD
--------------------------------------------------------------------------------
       9. Aggregate Amount Beneficially Owned by Each Reporting Person

                2,732,294 ORD shares are deemed to be beneficially
                owned by Jeffrey A. Busby, a control person of
                the investment adviser.  Mr. Busby 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)                                                 |_|
--------------------------------------------------------------------------------
      11. Percent of Class Represented by Amount in Row (9)               9.85%
--------------------------------------------------------------------------------
      12. Type of Reporting Person (See Instructions)   IN, OO (Control Person)
--------------------------------------------------------------------------------

                                                                    Page 8 of 12

Item 1(a)     Name of Issuer:

              Foreign Trade Bank of Latin America, Inc.


Item 1(b)     Address of Issuer's 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)   Brandes Investment Partners, Inc.

              (iii)  Brandes Worldwide Holdings, L.P.

              (iv)   Charles H. Brandes

              (v)    Glenn R. Carlson

              (vi)   Jeffrey A. Busby


Item 2(b)     Address of Principal Business office or, if None, Residence:

              (i)    11988 El Camino Real, Suite 500, San Diego, CA  92130

              (ii)   11988 El Camino Real, Suite 500, San Diego, CA  92130

              (iii)  11988 El Camino Real, Suite 500, San Diego, CA  92130

              (iv)   11988 El Camino Real, Suite 500, San Diego, CA  92130

              (v)    11988 El Camino Real, Suite 500, San Diego, CA  92130

              (vi)   11988 El Camino Real, Suite 500, San Diego, CA  92130


Item 2(c)     Citizenship

              (i)    Delaware

              (ii)   California

              (iii)  Delaware

              (iv)   USA

              (v)    USA

              (vi)   USA

                                                                    Page 9 of 12

Item 2(d)     Title of Class Securities:

              E Shares


Item 2(e)     CUSIP Number:

              P16994132


Item 3.       If this statement is filed pursuant to ss.ss. 240.13d-1(b), or
              240.13d-2(b) or (c), check whether the person filing is a:

              (a)  |_|  Broker or dealer registered under section 15 of the Act
                        (15 U.S.C. 78o).
              (b)  |_|  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
                        ss. 240.13d-1(b)(1)(ii)(E).
              (f)  |_|  An employee benefit plan or endowment fund in accordance
                        with ss. 240.13d-1(b)(ii)(F).
              (g)  |_|  A parent holding company or control person in accordance
                        with ss. 240.13d-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)  |X|  Group, in accordance with ss. 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:                    2,732,294 ORD

              (b)    Percent of Class:                                9.85%

              (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:                                   2,119,211 ORD

                     (iii) sole power to dispose or to direct the
                           disposition of:                           0

                     (iv)  shared power to dispose or to direct the
                           disposition of:                         2,732,294 ORD

                                                                   Page 10 of 12

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 ss. 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: February 14, 2011
                                    BRANDES INVESTMENT PARTNERS, L.P.


                                    By: /s/ Ian Rose
                                        --------------------------------------
                                        Ian Rose as Attorney-In-Fact for
                                        Charles H. Brandes, President of
                                        Brandes Investment Partners, Inc., its
                                        General Partner

                                                                   Page 11 of 12


                     BRANDES INVESTMENT PARTNERS, INC.


                     By:  /s/ Ian Rose
                          -----------------------------------------
                          Ian Rose as Attorney-In-Fact for
                          Charles H. Brandes, President


                     BRANDES WORLDWIDE HOLDINGS, L.P.


                     By:  /s/ Ian Rose
                          -----------------------------------------
                          Ian Rose as Attorney-In-Fact for
                          Charles H. Brandes, President of
                          Brandes Investment Partners, Inc., its General Partner


                     By:  /s/ Ian Rose
                          -----------------------------------------
                          Ian Rose as Attorney-In-Fact for
                          Charles H. Brandes, Control Person


                     By:  /s/ Ian Rose
                          -----------------------------------------
                          Ian Rose as Attorney-In-Fact for
                          Glenn R. Carlson, Control Person


                     By:  /s/ Ian Rose
                          -----------------------------------------
                          Ian Rose as Attorney-In-Fact for
                          Jeffrey A. Busby, Control Person

                                                                   Page 12 of 12

                                    EXHIBITS

Exhibit A is  incorporated  by  reference  to Exhibit A of Schedule 13G for 3Com
Corporation filed February 14, 2005.

Exhibit B is  incorporated  by  reference  to Exhibit B of Schedule 13G for 3Com
Corporation filed February 14, 2005.

Exhibit C is  incorporated  by  reference  to Exhibit C of Schedule 13G for 3Com
Corporation filed February 14, 2005.

Exhibit D is  incorporated  by  reference  to Exhibit D of Schedule 13G for 3Com
Corporation filed February 14, 2005.