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

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)

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BBVA Mexico grants 5 million green loan to fund Toyota hybrid vehicles © 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

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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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