Banco Bilbao Vizcaya Argentaria, S.A.

Banco Bilbao Vizcaya Argentaria (BBVA) is one of the largest Spanish banks, operating as a global universal bank and offering retail, private, corporate and investment banking products and services to its customers.

Services

Retail Banking
Private Banking
Corporate Banking
Investment Banking

Products

Financials

Total Assets (2016)
418.45 bln EUR  (+5.32%)
Net Income (2016)
1 662.41 mln EUR  (-41.95%)

In 2016 total assets of Banco Bilbao Vizcaya Argentaria, S.A. were 418,45 bln EUR. In 2016 the bank's net income was 1 662,41 mln EUR.

Banco Bilbao Vizcaya Argentaria, S.A. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).

Banco Bilbao Vizcaya Argentaria, S.A. participates in deposit guarantee scheme of Spain. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Pz de San Nicolás, 4, 48005, Bilbao, Spain

Banco Bilbao Vizcaya Argentaria, S.A. is headquartered in Bilbao.

Bank Identifiers

BIC (SWIFT)
BBVAESMM
MFI ID
ES0182

Business Summary

Services
retail banking
private banking
corporate banking
investment banking
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts
consumer loans
mortgage loans
trading accounts

Banco Bilbao Vizcaya Argentaria, S.A. provides products and services in the areas of retail banking, private banking, corporate banking, investment banking. The range of products offered by Banco Bilbao Vizcaya Argentaria, S.A. includes current accounts, debit cards, credit cards, savings accounts, time deposit accounts, consumer loans, mortgage loans, trading accounts.

Products

Current Accounts

Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.

Current accounts made with Banco Bilbao Vizcaya Argentaria, S.A. are covered by deposit guarantee scheme of Spain up to 100 000 EUR per depositor. The following current accounts are offered by Banco Bilbao Vizcaya Argentaria, S.A..

Updated on 22 May 2018

Cuenta Online
Sales Region
Spain
Account Currency
EUR
Annual Costs (EUR)
0.00
Overdraft Rate (p.a.)
0.00 %
Current Account Details
Product Name
Cuenta Online
Account Currency
EUR
Annual Costs
0.00 EUR
Interest Rate (p.a.)
0.00 %
Overdraft Rate (p.a.)
0.00 %
Debit Card
Debit Card Costs (p.a.)
0.00 EUR
Credit Card
Online Banking
Telephone Banking
Branch Banking
Mobile Banking
Indexed TAN (iTAN)
pushTAN
photoTAN
Mobile TAN (mTAN)
chipTAN

Spain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.

See Also

Credit Cards

Credit cards provide a convenient option to borrow funds for short-term financing, for examples purchasing of goods and services. Credit cards differ by credit card provider (Visa, American Express, MasterCard), credit card type (silver, gold, platinum), charged interest and annual costs. The following credit cards are offered by Banco Bilbao Vizcaya Argentaria, S.A..

Updated on 22 May 2018

BBVA A Tu Ritmo
Sales Region
Spain
Card Currency
EUR
Card Provider
Visa
Card Type
Standard
Annual Costs (EUR)
0.00
Credit Card Details
Product Name
BBVA A Tu Ritmo
Card Provider
Visa
Card Type
Standard
Annual Costs
0.00 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services

Spain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.

See Also

Trading Accounts

Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.

Trading accounts made with Banco Bilbao Vizcaya Argentaria, S.A. are covered by investor compensation scheme of Spain up to 20 000 EUR per investor. Trading accounts offered by Banco Bilbao Vizcaya Argentaria, S.A. are shown in the table below.

Updated on 22 May 2018

Cuenta Valores
Sales Region
Spain
Annual Costs (EUR)
160.00
Costs per Order (EUR)
5.00
Trading Account Details
Product Name
Cuenta Valores
Annual Costs
160.00 EUR
Costs per Order
5.00 EUR
Traded Instruments
stocks
bonds
ETFs
funds
options
certificates
Stock Exchanges
XETRA
Frankfurt
NYSE

Spain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.

See Also

Financial Positions

Total Assets (2016)
418.45 bln EUR  (+5.32%)
Total Equity (2016)
36 386.25 mln EUR  (-1.18%)

In 2016 total assets of Banco Bilbao Vizcaya Argentaria, S.A. were 418.45 bln EUR. Growth compared to the previous period (2015) was 5.32%. The evolution of the total assets of Banco Bilbao Vizcaya Argentaria, S.A. is shown at Chart 1 below.

Total Assets of Banco Bilbao Vizcaya Argentaria, S.A..

Chart 1. Total Assets of Banco Bilbao Vizcaya Argentaria, S.A..

Recent changes in total assets of Banco Bilbao Vizcaya Argentaria, S.A. and its main components are shown in Table 1.

2015 2016 % change
Cash and deposits with Central Banks 11.1 15.9 +42.74%
Loans to banks 25.2 26.6 +5.42%
Loans to other clients 197.4 213.9 +8.34%
Total Assets 397.3 418.4 +5.32%
Table 1. Recent changes in total assets of Banco Bilbao Vizcaya Argentaria, S.A. (bln EUR).

Recent changes in total liabilities of Banco Bilbao Vizcaya Argentaria, S.A. and its main components are shown in Table 2.

2015 2016 % change
Bank deposits 55.5 45.0 -18.90%
Deposits from other clients 187.1 207.9 +11.13%
Total Liabilities 397.3 418.4 +5.32%
Table 2. Recent changes in total liabilities of Banco Bilbao Vizcaya Argentaria, S.A. (bln EUR).

Profit and Loss

Operating Income (2016)
1 715.97 mln EUR  (+16.67%)
Net Income (2016)
1 662.41 mln EUR  (-41.95%)

Recent changes in gross profit of Banco Bilbao Vizcaya Argentaria, S.A. and its main components are shown in Table 3.

2015 2016 % change
Interest Income 5 463.8 6 236.3 +14.14%
Interest Charges -2 124.8 -2 713.6 +27.71%
Net Interest Income 3 338.9 3 522.7 +5.50%
Commission Income 1 750.7 1 886.3 +7.74%
Commission Charges -289.4 -353.2 +22.06%
Table 3. Recent changes in gross profit of Banco Bilbao Vizcaya Argentaria, S.A. (mln EUR).

In 2016 net income of Banco Bilbao Vizcaya Argentaria, S.A. was 1 662.41 mln EUR. Decline compared to the previous period (2015) was -41.95%. The evolution of the net income of Banco Bilbao Vizcaya Argentaria, S.A. is shown at Chart 2 below.

Net Income of Banco Bilbao Vizcaya Argentaria, S.A..

Chart 2. Net Income of Banco Bilbao Vizcaya Argentaria, S.A..

Credit Ratings (as of May 2018)

Fitch Moody's
A- (high credit quality) A3 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Banco Bilbao Vizcaya Argentaria, S.A. is rated by Fitch and Moody's.

Credit ratings assigned to Banco Bilbao Vizcaya Argentaria, S.A. as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Banco Bilbao Vizcaya Argentaria, S.A. it is set to A- (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Banco Bilbao Vizcaya Argentaria, S.A. is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  A-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  a-
Support Rating  5
Support Rating Floor  NF

Viability rating for Banco Bilbao Vizcaya Argentaria, S.A. is set to a- (high fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).

Moody's

Long-term rating for Banco Bilbao Vizcaya Argentaria, S.A. it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Baseline credit assessment is baa2. Short-term rating is not assigned.

Long-Term Rating  A3
Long-Term Bank Deposit Rating  A3
Baseline Credit Assessment  baa2
Short-Term Rating  -
Outlook  positive

Outlook for the ratings of Banco Bilbao Vizcaya Argentaria, S.A. is set to positive (may be raised).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Spain are obliged to participate in Spanish deposit guarantee scheme.

In the case of Banco Bilbao Vizcaya Argentaria, S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  credit balances on accounts, nominative deposit certificates constituted in the EU
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Banco Bilbao Vizcaya Argentaria, S.A. and its components are shown in the table below.

BIC  BBVAESMM
Bank BIC Code  BBVA
Country Code  ES (Spain)
Location Code  MM
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Banco Bilbao Vizcaya Argentaria, S.A. is shown in the table below.

MFI ID  ES0182

European Presence: 9 banks in 9 countries

Banco Bilbao Vizcaya Argentaria, S.A. operates under the brand name BBVA. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Cayman Islands

France

Germany

Italy

Portugal

Spain

  •  (this bank) Banco Bilbao Vizcaya Argentaria, S.A. (Bilbao)

Switzerland

United Kingdom