Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 605

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 605
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 1.1 | % |     |           |  1.9 | % |     |        |  3.2 | % |     |             |  89.9 | % |
| Term deposits and others                  |     |      |    |     |      |  15,690 |     |          | 39.5 | % |     |          |  8.2 | % |     |           | 19.3 | % |     |        | 33.0 | % |     |             |     — | % |
| Sight accounts                            |     |      | 19 |     |      | 147,540 |     |          |    — | % |     |          |    — | % |     |           |    — | % |     |        |    — | % |     |             | 100.0 | % |
| Retail issues                             |     |      |    |     |      |     910 |     |          | 33.9 | % |     |          | 58.4 | % |     |           |  5.6 | % |     |        |  2.1 | % |     |             |     — | % |

(*) Includes customer deposits (excl. repos) and other liabilities placed via the branch network: straight bonds issued by Banco Sabadell, commercial paper and others. Due to rising interest rates in the financial markets, the weight of term deposits and other deposits in the composition of on-balancesheet customer funds has increased. 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 2023, the funding gap has widened, with a sharper decline in lending than in customer funds, thus placing the Group’s Loan-to-Deposit(LtD) ratio at 94.0% as at 2023 year-end(95.6% as at 2022 year-end). A-413

Capital markets In 2023, the level of funding in capital markets has increased, with mortgage covered bonds being the item with the greatest net increase. Furthermore, in order to keep an adequate level