BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2025 · Filed Feb 20, 2026
Contents
33. Commitments and guarantees given
- Commitments and guarantees given
The breakdown of the off-balance sheet exposures is as follows:
| COMMITMENTS AND GUARANTEES GIVEN (MILLIONS OF EUROS) | ||||
|---|---|---|---|---|
| Notes | 2025 | 2024 | 2023 | |
| Loan commitments given | 7.2.2 | 227,554 | 188,515 | 152,868 |
| Of which: impaired | 179 | 160 | 165 | |
| Central banks | — | 254 | — | |
| General governments | 3,886 | 3,247 | 3,115 | |
| Credit institutions | 18,223 | 13,441 | 15,595 | |
| Other financial corporations | 14,295 | 8,656 | 7,063 | |
| Non-financial corporations | 92,124 | 82,891 | 71,303 | |
| Households | 99,026 | 80,026 | 55,791 | |
| Financial guarantees given | 7.2.2 | 24,865 | 22,503 | 18,839 |
| Of which: impaired (1) | 138 | 192 | 229 | |
| Central banks | — | — | — | |
| General governments | 147 | 183 | 74 | |
| Credit institutions | 774 | 636 | 978 | |
| Other financial corporations | 3,204 | 2,843 | 2,177 | |
| Non-financial corporations | 20,512 | 18,724 | 15,460 | |
| Households | 228 | 116 | 150 | |
| Other commitments given | 7.2.2 | 60,159 | 51,215 | 42,577 |
| Of which: impaired (1) | 359 | 439 | 636 | |
| Central banks | — | — | — | |
| General governments | 368 | 354 | 327 | |
| Credit institutions | 7,265 | 6,447 | 3,607 | |
| Other financial corporations | 4,043 | 3,256 | 1,837 | |
| Non-financial corporations | 48,291 | 41,005 | 36,681 | |
| Households | 192 | 153 | 125 | |
| Total | 7.2.2 | 312,578 | 262,233 | 214,283 |
(1) Non-performing financial guarantees given amounted to €497 million, €631 million and €865 million, respectively, as of December 31, 2025, 2024 and 2023.
As of December 31, 2025 and 2024, the provisions for loan commitments, financial guarantees and other commitments given, recorded in the consolidated balance sheet amounted to €482 million, €110 million and €133 million, and €372 million, €140 million and €155 million, respectively (see Note 24).
Since a significant portion of the amounts above will expire without any payment being made by the consolidated entities, the aggregate balance of these commitments cannot be considered to be the actual future requirement for financing or liquidity to be provided by the BBVA Group to third parties.
In the years 2025, 2024 and 2023, no issuance of debt securities carried out by associates of the BBVA Group, joint venture entities or non-Group entities have been guaranteed.
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