REG - Banco Bil.Viz.Argent - SREP Requirements

Banco Bilbao Vizcaya Argentaria SAAnnouncement

03/02/2022 07:10

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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

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