Company: BBVXF
Filing Date: 2025-02-21
Form Type: 20-F
Source: 0000842180-25-000010
Chunk: 41

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-21
Form: 20-F
Item: Item 4
Chunk 41
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,397                          119,808                                     (13,617)
Financial liabilities at amortized cost - Customer deposits                                             221,019         77,750         46,339               40,042                   9,827                          394,978                                        (574)
Of which:                                                                                                                                                                                                                                                               
Demand and savings deposits                                                                             198,131         64,613         24,794               26,103                   3,561                          317,203                                             
Time deposits                                                                                            22,008         12,504         20,798               13,939                   6,266                           75,515                                             
Total Equity                                                                                             13,140          9,831          6,711                5,874                   4,348                           39,903                                       10,613
Assets under management                                                                                  86,759         38,196          6,936               17,760                     520                          150,170                                             
Mutual funds                                                                                             63,786         35,614          3,731                5,804                       —                          108,935                                             
Pension funds                                                                                            22,973              —          3,205               11,956                     520                           38,653                                             
Other placements                                                                                              —          2,582              —                    —                       —                            2,582                                             
(1)Includes balance sheet intra-group adjustments between the Corporate Center and the operating segments (see “Presentation of Financial Information—Changes in Intra-Group Adjustments” for information on such adjustments).
(2)Financial assets at fair value includes: “Financial assets held for trading”, “Non-trading financial assets mandatorily at fair value through profit or loss”, “Financial assets designated at fair value through profit or loss” and “Financial assets at fair value through other comprehensive income”.
Spain
This operating segment includes all of BBVA’s banking and non-banking businesses in Spain, other than those included in the Corporate Center. The primary business units included in this operating segment are:
•Spanish Retail Network: including individual customers, private banking, small companies and businesses in the domestic market;
•Corporate and Business Banking: which manages small and medium sized enterprises (“SMEs”), companies and corporations, and public institutions;
•Corporate and Investment Banking: responsible for business with large corporations and multinational groups and the trading floor and distribution business in Spain; and
•Other units: which includes the insurance