Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 116

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 116
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526 |     |  -6,177 |     |                 |     |         |     |         |     |         |     |         |

(1) Spain includes all the countries where BBVA, S.A. operates.

(2) Turkey includes all the countries in which Garanti BBVA operates.

(3) In South America, the BBVA Group operates in Argentina, Colombia, Peru and Uruguay.

(4) The amount of the accumulated impairment includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation (PPA) and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024, the remaining balance was € 107 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the instrument or applied as allowances in the value of the financial instrument when the losses materialize.

The breakdown by counterparty and product of the maximum credit risk exposure, the accumulated allowances recorded, as well as the carrying amount by type of product, classified in different headings of the assets as of June 30, 2025 and December 31, 2024 is shown below:

| June 2025 (MILLIONS OF EUROS)                                 |     |               |     |                     |     |                     |     |                              |     |                            |     |            |     |         |     |                       |
|                                                               |     | Central banks |     | General governments |     | Credit institutions |     | Other financial corporations |     | Non-financial corporations |     | Households |     |   Total |     | Gross carrying amount |
| On demand and short notice                                    |     |             — |     |                   7 |     |                   — |     |                           16 |     |                      3,708 |     |      2,213 |     |   5,944 |     |                 6,203 |
| Credit card debt                                              |     |             — |     |                   1 |     |                   — |     |                            3 |     |                      2,258 |     |     24,653 |     |  26,915 |     |                28,993 |
| Commercial debtors                                            |     |               |     |                 971 |     |                 176 |     |                        1,347 |     |                     27,424 |     |        128 |