CAF lends to BBVA in Mexico

CAF lends to BBVA in Mexico

Loans Project & Infrastructure Finance Economy & Policy Renewable Latin America Mexico Bolivia Brazil Ecuador

South American development bank CAF said on Friday that it lent the equivalent of $50 million in local currency to the Mexican branch of Spanish BBVA to provide loans to small businesses and fund microfinance loans. CAF has now provided a total of $70 million in local-currency financing to BBVA in Mexico, it said in a press release. CAF said in another press release on Friday that it received a new credit line for €150 million ($160 million) from the French development agency AFD to fight global

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial