Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047437
Chunk: 20

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 20
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47,804 million, a 2.0% increase compared with the €46,846 million recorded as of December 31, 2024, mainly as a result of increases in corporate loans in Argentina and Colombia and increases in household loans in Argentina, partially offset by the depreciation of the Argentine peso and the Peruvian sol against the euro.

Financial liabilities held for trading and designated at fair value through profit or loss of this operating segment as of September 30, 2025 amounted to €2,649 million,a 28.6% increase compared with the €2,060 million recorded as of December 31, 2024, mainly due to increases in derivatives in Colombia and Peru.

Customer deposits at amortized cost of this operating segment as of September 30, 2025 amounted to €50,438 million, a 0.6% decrease compared with the €50,738 million recorded as of December 31, 2024, mainly as a result of the depreciation of the Argentine peso and the Peruvian sol against the euro, partially offset by an increase in time and demand deposits in Argentina.

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Off-balance sheet funds of this operating segment (which includes “Mutual funds”, including customers’ portfolios, in Argentina, Colombia and Peru) as of September 30, 2025 amounted to €8,406 million, a 5.9% increase compared with the €7,936 million as of December 31, 2024, mainly due to increases in mutual funds in Argentina and Peru as a result of the shift towards higher-return investments, partially offset by the depreciation of the Argentine peso and the Peruvian sol against the euro.

The non-performing loan ratio (as defined herein) of this operating segment decreased to 4.1% as of September 30, 2025 from 4.5% as of December 31, 2024, mainly as a result of the decrease in non-performing loans in the retail portfolios in Peru and Colombia. This operating segment’s non-performing loan coverage ratio (as defined herein) increased to 93% as of September 30, 2025, from 88% as of December 31, 2024 as a result of the abovementioned decreases in non-performing loans in the retail portfolios in Peru and Colombia, and increases in the coverage ratio of Stage 1 and Stage 2 loans.

### Rest of Business
This operating segment mainly includes the wholesale activity carried out