RDL Mortgage Floor Clauses

RNS Number : 8147U

Banco Bilbao Vizcaya Argentaria SA

23 January 2017

 

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby proceeds by means of the present document to notify the following:

RELEVANT EVENT

In response to the requirement from the Spanish National Stock Market Commission (CNMV), it is informed that the Royal Decree-Law 1/2017 of 20 January 2017, concerning Urgent Measures for Protection of Customers regarding the so-called "cláusulas suelo" (mortgage floor clauses), published in the Official State Gazette (BOE) last January 21, does not modify, in a preliminary assessment, the information disclosed to the market with the relevant event of December 21, 2016.

Madrid, January 23, 2017

 

END

 

 

MSCGRGDBSSDBGRX