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

09/22/2022 | 12:12pm EST
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva

(Corrected spelling of Toyota in headline)

MEXICO CITY (Reuters) - 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)

(Reporting by Valentine Hilaire)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BBVA 0.26% 6.434 Delayed Quote.14.20%
MEXICO IPC -0.90% 54694.2 Real-time Quote.13.77%
TOYOTA INDUSTRIES CORPORATION 0.00% 7970 Delayed Quote.10.08%
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