Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 303

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 303
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, customer files, balance sheets, CIRBE (Bank of Spain Central Credit Register), information relating to the industry or past banking activity, etc.). They measure the risk associated with the customer on a short-term basis (prediction of arrears), obtaining a high level of predictability to detect potential delinquent customers. The resulting rating or score, which is obtained automatically, is used as a basic input when monitoring the risk of customers in the retail and business segments. This warnings system enables:

| – | Efficiency to be improved, as monitoring exercises focus on customers with the lowest credit rating or credit score 
 (different cut-off points for each group).                                                                          |

| – | Proactive management in the event of any negative change in the situation of the customer (change in rating/score, 
 new severe warnings, etc.).                                                                                        |

| – | Customers whose situation remains unchanged and who have been assessed by the Basic Management Team to be regularly 
 monitored.                                                                                                          |

A-73

4.4.2.3. Credit risk exposure The table below shows the distribution, by headings of the consolidated balance sheet and off-balancesheet exposures, of the Group’s maximum gross credit risk exposure as at 31 December 2024 and 2023, without deducting collateral or credit enhancements received in order to ensure the fulfilment of payment obligations, broken down by portfolios and in accordance with the nature of the financial instruments:

| Thousand euro                                                     |     |      |        |     |      |             |     |      |             |
| Maximum credit risk exposure                                      |     | Note |        |     | 2024 |             |     | 2023 |             |
| Financial assets held for trading                                 |     |      |        |     |      |   1,420,956 |     |      |     142,495 |
| Equity instruments                                                |     |      |      9 |     |      |     541,005 |     |      |           — |
| Debt securities                                                   |     |      |      8 |     |      |     879,951 |     |      |     142,495 |
| Non-trading financial assets mandatorily at fair value through    
 profit or loss                                                    |     |      |        |     |      |     168,267 |     |      |     153,178 |
| Equity instruments                                                |     |      |      9 |     |      |      67,049 |     |      |