Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 76

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 76
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 (i) the “Pillar 1” capital requirement (8.00%), of which a minimum of 4.50% must be met with CET1 capit al, 1.50% could be met with AT1 instruments and 2.00% could be met with Tier 2 instruments; (ii) the “Pillar 2” capital requirement ( 1.68 %), of which a minimum of 1.02 % must be met with CET1 capital (of which 0.18 % is determined on the basis of the ECB’s prudential provisioning expectation), 0.28 % could be met with AT1 instruments and 0.38 % could be met with Tier 2 instruments; (iii) the capital conservation buffer (2.50% that must be met exclusively with CET1 capital); (iv) the D-SIB capital buffer (1.00% that must be met exclusively with CET1 capital); and (v) the capital buffer for Countercyclical Risk (0.09% 2 that must be met exclusively with CET1 capital). In addition, the Systemic Risk buffer is 0.00% 2 .

BBVA Group’s CET1 3 ratio stood at 13.34% as of June 30, 2025, which represents an increase of 46 basis points compared to December 31, 2024 mainly due to the profit of the BBVA Group recorded during the six months ended June 30, 2025, which allows the Group to continue investing in growth opportunities. The entry into force of the new Capital Requirements Regulation (Regulation (EU) 2024/1623) (“CRR III”) had no significant impact on this ratio.

Risk-weighted assets (RWA) decreased in the first half of the year by approximately €7,417 million, mainly as a result of the depreciation against the euro of the currencies of the main countries where the Group operates (see “―Factors Affecting the Comparability of our Results of Operations and Financial Condition―Trends in Exchange Rates ”), partially offset by the increase in credit lending, mainly in Spain and Turkey.

The AT1 ratio stood at 1.42% as of June 30, 2025, a decrease of 10 basis points from December 31, 2024. During the six months ended June 30, 2025, Banco Bilbao Vizcaya Argentaria, S.A. completed an