Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 422

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 422
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 not pledged in facility            |     |      | 20,812 |     |      | 11,419 |
| Other non-ECB eligible marketable assets (**)          |     |      |  6,643 |     |      |  6,740 |
| Memorandum item:                                       |     |      |        |     |      |        |
| Balance drawn from Bank of Spain facility (***)        |     |      |      — |     |      |  5,000 |
| Balance drawn from Bank of England Term Funding Scheme 
 (****)                                                 |     |      |  1,670 |     |      |  4,608 |
| Total Liquid Assets Available                          |     |      | 60,589 |     |      | 58,558 |

(*) Surplus of reserves and Marginal Deposit Facility in central banks. (**) At market value and after applying the Liquidity Coverage Ratio (LCR) haircut. Includes fixed income considered as a high-quality liquid asset in accordance with LCR (HQLA) and other marketable assets from various Group companies. (***) Correspond to TLTRO-IIIfacility. (****) As at year-end2024, includes 1,385 million pounds to support Small and Medium-sizedEnterprises (TFSME). As at year-end2023, included 4,000 million pounds from the TFSME and 5 million pounds from the ILTR. In 2024, the balance of reserves and of the marginal deposit facility in central banks and the net interbank position showed a decline of 12,368 million euros, while the volume of ECB-eligibleliquid assets increased by 14,496 million euros and the available non-ECBeligible assets decreased by 97 million euros, thus raising the first line of liquidity by 2,031 million euros in the year, with the positive funding gap and increased wholesale issues placed with institutional customers, as well as the repayment of central bank funding operations, standing out as positive factors. It should be noted that the Group follows a decentralised liquidity management model. This model tends to limit the transfer of liquidity between the different subsidiaries involved in liquidity management, thereby limiting intra-group exposures, beyond any restrictions imposed by the local regulators of each subsidiary. Thus, the subsidiaries involved in liquidity management determine their liquidity position by considering only those assets in their possession that meet the eligibility, availability and liquidity criteria set forth both internally and in regulations in order to comply with regulatory