Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 313

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 313
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 of a biodiversity bond in Colombia or new business opportunities in the wine sector in Mexico and Spain (for more information, see the section Natural capital risks).

The number of sustainable operations closed, such as loans, confirming and lines of credit, almost tripled compared to the previous year, reaching more than 75 thousand closed operations. Mexico stands out, accounting for more than 66% of these operations.

In order to obtain these results, several training events have been held with managers from different countries, encompassing the potential of products related to sustainability and solutions driven by digitalization, through structured commercial plans, supported by sustainable advisory services.

| PILLAR 3 2024 |     | 7. PRUDENTIAL DISCLOSURES ON ENVIRONMENTAL, SOCIAL AND GOVERNANCE RISKS |     | P.313 |

Retail customers

In 2024, the Group boosted the sustainable business channel through various products aimed at retail customers, achieving 60% growth compared to 2023. In total, EUR 14 billion was channeled 34 , of which EUR 9 billion was linked to inclusive growth.

In 2024, BBVA channeled EUR 6 billion through various products and services aimed at retail customers, entrepreneurs and SMEs to promote their inclusion or consolidation within the financial system and thus foster their inclusive growth.

Notable efforts were made in 2024 to promote:

– Financial inclusion of more than 280,000 unbanked and underbanked people through various products, including digital accounts, savings accounts, credit cards, digital payment channels, as well as actions to promote financial and digital literacy among customers.

– The bankarization of 3.3 million entrepreneurs and micro enterprises, through micro loans, micro insurance, mobile payment solutions, point-of-sale terminals, as a signatory of the Collective Commitment to Financial Education and Inclusion promoted by UNEP-FI (in the framework of the guidelines for banks for the “Establishment of objectives for Financial Inclusion and Financial Health”). The objective is to support 4.5 million unbanked and underbanked entrepreneurs between 2018 and 2025. This will improve their financial resilience

by providing them with effective access to financial and non-financial products and services. So far, between 2018 and 2024, BBVA has supported 4.2 million entrepreneurs.

These solutions are complemented by other financial inclusion initiatives such as the promotion of the creation of accounts for minors with parental control, an app