Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 429

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 429
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 or pledge, irrespective of any non-paymentby the owner of the referred guarantees, except for those intrinsic in treasury activities, which are mostly reverse repos (see Note 6). The fair value of the assets sold in connection with reverse repos is included under the heading “Financial liabilities held for trading” as part of the short positions of securities. Assets assigned under the same transactions amount to 1,370,354 thousand euros as at 31 December 2024 (1,012,508 thousand euros as at 31 December 2023) and are included by type under the repos heading in Notes 18 and 19. There have been no significant changes in Banco Sabadell’s policies on the topic of guarantees during this year. Neither have there been any significant changes in the quality of the Group’s guarantees with respect to the preceding year. The values of the guarantees received to ensure collection, broken down into collateral and other guarantees, as at 31 December 2024 and 2023 are as follows:

| Thousand euro                    |     |      |             |     |      |             |
|                                  |     | 2024 |             |     | 2023 |             |
| Value of collateral              |     |      |  96,057,447 |     |      |  94,323,862 |
| Of which: securing stage 2 loans |     |      |   6,133,795 |     |      |   7,180,750 |
| Of which: securing stage 3 loans |     |      |   1,570,540 |     |      |   1,873,003 |
| Value of other guarantees        |     |      |  14,262,388 |     |      |  14,975,715 |
| Of which: securing stage 2 loans |     |      |   1,653,150 |     |      |   1,881,539 |
| Of which: securing stage 3       
 loans                            |     |      |     683,329 |     |      |   1,054,019 |
| Total value of guarantees        
 received                         |     |      | 110,319,835 |     |      | 109,299,577 |

The main risk concentration in relation to all of these types of collateral and credit enhancements corresponds to the use of mortgage guarantees as a credit risk mitigation technique in exposures of loans intended for the financing or construction of housing or other types