Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 196

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 196
---
 may have a material adverse effect on the Turkish banking sector and the Group’s business, financial condition and results of
operations in Turkey.

6

THE BBVA GROUP

The BBVA Group is a diversified global financial services group, with strengths in the traditional banking businesses of retail banking, asset
management and wholesale banking. The BBVA Group operates in Spain, Mexico, Turkey, and over 25 other countries, mainly in Europe, South America, the United States and Asia. BBVA has a solid leadership position in the Spanish market, it is the
largest financial institution in Mexico in terms of assets, it has leading franchises in South America and it is the largest shareholder in Garanti BBVA, Turkey’s largest bank in terms of market capitalization. The BBVA Group had consolidated
assets of €715,294 million at June 30, 2022 and profit attributable to parent company of €3,001 million for the six months ended June 30, 2022.

BBVA’s principal executive offices are located at Calle Azul 4, 28050 Madrid, Spain, and its telephone number at that location is +34-91-537-7000 or
+34-91-374-6000.

Additional information about BBVA and its subsidiaries is included in the 2021 Form 20-F and the
June 30, 2022 Form 6-K, which are incorporated by reference in this document.

7

USE OF PROCEEDS

The net proceeds from each issue of securities will be used for the BBVA Group’s general corporate purposes, unless otherwise stated in
the applicable prospectus supplement.

8

CONSOLIDATED CAPITALIZATION AND INDEBTEDNESS OF THE BBVA GROUP The following table sets forth the capitalization and indebtedness of the BBVA Group on an unaudited consolidated basis in accordance with IAS 34 (as issued by the International Accounting Standards Board) as of June 30, 2022.

|                                                |     | As of June 30,     
 2022               |         |   |
|:-----------------------------------------------|:----|:-------------------|--------:|:--|
|                                                |     | -millions of euros |         |   |
| Outstanding indebtedness(1)                    |     |                    |         |   |
| Short-term indebtedness(2)                     |     |                    |   1,911 |   |
| Long-term indebtedness                         |     |                    |  55,728