Company: BBVXF
Filing Date: 2025-02-21
Form Type: 20-F
Source: 0000842180-25-000010
Chunk: 103

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-21
Form: 20-F
Item: Item 4
Chunk 103
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304            17,402         15.36      %                 103,824            12,556         12.09      %                  95,183             8,549          8.98      %
Derivatives and other financial assets (3)                                             36,868             1,494          4.05      %                  42,014               645          1.53      %                  42,761               817          1.91      %
Domestic                                                                               28,199               429          1.52      %                  30,670             (121)        (0.39)      %                  31,634               304          0.96      %
Foreign                                                                                 8,669             1,066         12.29      %                  11,344               765          6.75      %                  11,127               513          4.61      %
Non interest earning assets (4)                                                        61,172                 —             —                         54,098                 —             —                         54,582                 —             —       
(1)Foreign activity represented 47.03% of the total average assets for the year ended December 31, 2024, 45.12% for the year ended December 31, 2023 and 43.13% for the year ended December 31, 2022.
(2)This relates mainly to increases in the yield of Turkish lira-denominated commercial cash loans, as a result in part of the measures implemented by the CBRT (see “―Business Overview—Supervision and Regulation—Principal Markets—Turkey”).
(3)Includes “Derivatives - Hedge accounting”, “Derivatives - Held for trading” and “Financial assets designated at fair value through profit or loss”.
(4)Includes “Insurance and reinsurance assets”, “Joint ventures and associates”, “Tangible assets”, “Intangible assets”, “Tax assets”, “Non-current assets and disposal groups held for sale”, “Non-trading financial assets mandatorily at fair value through profit or loss” and “Other assets”.
67

                                                                                                                                                                    Average Balance Sheet - Liabilities and Interest Paid on Interest Bearing Liabilities
                                                                                         Year ended December 31, 2024                                      Year ended December 31, 2023                                      Year ended December 31, 2022
                                                            Average Balance          Interest       Average Rate Paid