TIDMBVA

RNS Number : 5890A

Banco Bilbao Vizcaya Argentaria SA

03 February 2022

Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA"), in accordance with the provisions of the Securities Market legislation, hereby communicates the following:

INSIDE INFORMATION

As a result of the Supervisory Review and Evaluation Process (SREP) carried out by the European Central Bank (ECB), BBVA has received a communication determining a Pillar 2 requirement of 1.5%, applicable at individual and consolidated level, of which at least 0.84% must be complied with Common Equity Tier 1 (CET1). The Pillar 2 requirement remains at the same level as determined in the previous SREP Decision.

Therefore, BBVA shall maintain, from March 1, 2022, at consolidated level, a CET1 capital ratio of 8.60% and a total capital ratio of 12.76%.

Additionally, BBVA shall maintain, from March 1, 2022, on an individual basis, a CET1 ratio of 7.85% and a total capital ratio of 12.01%.

Please find below the applicable BBVA capital regulatory requirement at consolidated and individual basis:

 
Capital requirements          BBVA Consolidated     BBVA S.A. (individual) 
                             CET 1  Capital Total   CET 1    Capital Total 
                             -----  -------------  -------  --------------- 
Pillar 1                     4.50%          8.00%    4.50%            8.00% 
                             -----  -------------  -------  --------------- 
Pillar 2 (P2R)               0.84%          1.50%    0.84%            1.50% 
                             -----  -------------  -------  --------------- 
Conservation buffer          2.50%          2.50%    2.50%            2.50% 
                             -----  -------------  -------  --------------- 
Other Systemic Important 
 Institution buffer          0.75%          0.75%       0%               0% 
                             -----  -------------  -------  --------------- 
Countercyclical buffer       0.01%          0.01%    0.01%            0.01% 
                             -----  -------------  -------  --------------- 
Total capital requirements   8.60%         12.76%    7.85%           12.01% 
                             -----  -------------  -------  ---------------

Madrid, February 3rd, 2022

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCGZGGZNFVGZZG

(END) Dow Jones Newswires

February 03, 2022 02:10 ET (07:10 GMT)

Banco Bilbao Vizcaya Arg... (LSE:BVA)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Banco Bilbao Vizcaya Arg... Charts.
Banco Bilbao Vizcaya Arg... (LSE:BVA)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Banco Bilbao Vizcaya Arg... Charts.