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

BBVA Mexico grants $225 million green loan to fund Toyota hybrid vehicles
The logo of BBVA Bancomer bank is pictured at a branch in Ciudad Juarez

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)

(This story refiles to correct spelling of Toyota in headline)

(Reporting by Valentine Hilaire)

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