December 1, 2021 |
Spanish bank BBVA expects its Mexican division to arrange around MXN50 billion ($2.33 billion) in financing for sustainable projects in 2022 as part of a global strategy to supply €200 billion in funding by 2025.
"In the last 18 months, we have financed more than MXN50 billion and by 2022 we plan to double the number to MXN100 billion in Mexico," Sergio Torres, director of strategy and innovation at BBVA México, told LatinFinance last week.
The financing will include loans to large corporate bor
Spanish bank plans to arrange $2.3 bln in funding for sustainable projects next year