Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0000842180-25-000020
Chunk: 19

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 19
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 NSFR ratio stood at 127% as of March 31, 2025.

The breakdown of these ratios in the main geographical areas in which the Group operates is shown below:

| LCR AND NSFR RATIOS (PERCENTAGE. 31-03-25) |     |            |     |        |     |        |     |                    |
|                                            |     | BBVA, S.A. |     | Mexico |     | Turkey |     | South America      |
| LCR                                        |     | 168%       |     | 162%   |     | 131%   |     | All countries >100 |
| NSFR                                       |     | 119%       |     | 132%   |     | 157%   |     | All countries >100 |

In addition to the above, the most relevant aspects related to the main geographical areas are the following:

– BBVA, S.A. has maintained a strong position with a large high-quality liquidity buffer, maintaining at all times the regulatory liquidity metrics well above the set minimums. During the first quarter of 2025, commercial activity showed dynamism with growth both in deposits and especially in lending.

– BBVA Mexico shows a solid liquidity situation, even though the credit gap has reduced during the first three months of 2025 as a result of the strong dynamism of lending accompanied by an even greater growth in deposit collection.

– In Turkey, Garanti BBVA shows a strong liquidity generation in the first quarter of 2025. Thus, the lending gap has reduced both in local and foreign currencies due to a strong increase in deposits exceeding the increase in loans. Last month also saw an increase in foreign currency demand (US dollars).

– In South America, the liquidity situation remains adequate throughout the region in the first quarter of 2025. In BBVA Argentina, the credit gap improved in Argentine pesos despite strong loan growth due to the boost in wholesale time deposits. In the US dollar balance sheet, the boost in loan growth combined with the reduction in deposits led to a reduction in excess liquidity in this currency. In BBVA Colombia, the credit gap widened during the quarter, with growth in the loan portfolio above the volume of deposits. In BBVA Peru, the credit gap increased as a result of deposit outflows; however, the liquidity situation remains solid.

Translation of this report originally issued in Spanish. In the event of a discrepancy, the Spanish-language version prevails.

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The main wholesale financing transactions carried