Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 781

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 781
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 13,623 |     |          | 36.7 | % |     |          | 13.8 | % |     |           | 17.1 | % |     |        | 32.4 | % |     |         |     — | % |
| Sight accounts                            |     |      | 19 |     |      | 147,268 |     |          |    — | % |     |          |    — | % |     |           |    — | % |     |        |    — | % |     |         | 100.0 | % |
| Retail issues                             |     |      |    |     |      |   1,129 |     |          | 62.9 | % |     |          | 33.9 | % |     |           |  3.2 | % |     |        |    — | % |     |         |     — | % |

| (*) | Includes customer deposits (excl. repos) and other liabilities placed via the branch network: straight bonds issued by 
 Banco Sabadell, commercial paper and others.                                                                           |

Despite rising interest rates in financial markets, the composition of on-balancesheet customer funds remains the same. Details of off-balancesheet customer funds managed by the Group and those sold but not under management are provided in Note 27 to these consolidated annual financial statements. The Group’s deposits are sold through the business units/companies of the Group (Banking Business Spain, TSB and Mexico). Details of the volumes of these business units are included in the “Business” section of the consolidated Directors’ Report. In 2022, the funding gap has widened, mainly due to a greater growth of customer funds than of lending items, thus placing the Group’s Loan-to-Deposit(LtD) ratio at 95.6% as at 2022 year-end(96.3% as at 2021 year-end). A-640

Capital markets In 2022, the level of funding in capital markets has increased, with senior non-preferreddebt being the item with the greatest net increase, in order to keep an adequate level of own funds and eligible liabilities above the applicable regulatory requirement or MREL (Minimum Requirement for own funds and Eligible Liabilities). The outstanding nominal balance of funding in capital markets, by type of product, as at 31 December 2022 and 2021, is shown below:

| Million euro                               |