OIR - OEIS buffer

Banco Bilbao Vizcaya Argentaria SA

29 September 2023

 

       

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

OTHER RELEVANT INFORMATION

BBVA has received a resolution from the Bank of Spain regarding the review of the identification of the BBVA Group as Other Systemically Important Institution (OSII) and the setting of the corresponding capital buffer.

In accordance with this resolution, the OSII capital buffer is increased by 25 basis points with respect to the buffer established in the previous year, standing at 100 basis points (1%) as of January 1, 2024. This increase is due to the adaptation of the Bank of Spain's methodology for the determination of the OSII capital buffers in line with the revision of the methodological framework established by the European Central Bank. The score of the OSII 2024 exercise is in line with that obtained in the previous year's exercise.

Madrid, September 29, 2023

 

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