BBVA Mexico grants $225 million green loan to fund Toyata hybrid vehicles

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Stock Markets 19 minutes ago (Sep 22, 2022 12:16PM ET)
© Reuters. FILE PHOTO: The logo of BBVA Bancomer bank is pictured at a branch in Ciudad Juarez, Mexico September 13, 2018. REUTERS/Jose Luis Gonzalez
MEXICO CITY (Reuters) – BBVA (BME:BBVA) Mexico has issued a 4.5 billion pesos ($225 million) green loan to Toyota Financial Services Mexico to finance hybrid vehicles, according to a statement published by the bank on Thursday.
The loan will allow the Toyota division to finance around 8,600 hybrid cars, the statement said.
($1= 19.9455 Mexican pesos)
(This story refiles to correct spelling of Toyota in headline)
BBVA Mexico grants $225 million green loan to fund Toyota hybrid vehicles
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