• Home
• Introduction
  • BBVA Group Highlights
  • Letter from the Chairman
• Executive summary
  • BBVA in 2009
    • We closed 2009 as a 'better bank'
    • Progress in the U.S. and Asian markets
    • BBVA, a global leader
  • Business areas
    • Spain and Portugal
    • Wholesale Banking & Asset Management
    • Mexico
    • The United States
    • South America
    • Credit risk management
  • 2010: BBVA positioning and environment
    • BBVA positioning
    • Spain and Portugal
    • Wholesale Banking & Asset Management
    • Mexico
    • The United States
    • South America
  • The team
  • The BBVA brand
  • Corporate responsibility
  • The BBVA share
• Financial information
  • Earnings
    • Net interest income
    • Gross income
    • Operating income
    • Provisions and others
    • Net attributable profit
    • Economic profit and risk-adjusted return on economic capital
  • Balance sheet and activity
    • Customer lending
    • Customer funds
    • Other balance sheet items
  • Capital base
• Risk management
  • Integration of risks and overall risk profile
  • Credit risk
    • Probability of default (PD)
    • Loss given default (LGD)
    • Exposure at default (EAD)
    • The portfolio model and concentration and diversification effects
  • Credit risk in 2009
    • Expected losses
    • Concentration
    • Non-performing assets and risk premium
  • Structural risks
    • Structural interest-rate risk
    • Structural exchange rate risk
    • Liquidity risk
    • Structural risk in the equity portfolio
  • Risk in market areas
    • Risk in market areas
    • Market risk in 2009
    • Credit risk in market activities
  • Operational risk
    • Operational risk management
    • Management bodies
    • Reputational risk
    • Operational risk capital
  • Risk management in non-banking activities
    • Management model
    • Insurance
    • Asset management
    • Pensions in the Americas
    • Real estate business risk
• Business areas
  • Business areas
  • Spain and Portugal
    • Area strategy
    • Spanish retail network
    • Corporate and business banking
    • Other units
  • Wholesale Banking & Asset Management
    • Area strategy
    • Corporate and investment banking
    • Global markets
    • Asset Management and other business
  • Mexico
    • Area strategy
    • Banking business
    • Business units
    • Pensions and insurance
  • The United States
    • Area strategy
    • BBVA compass banking group
    • Other units
  • South America
    • Area strategy
    • Banking business
  • Corporate activities
• Corporate governance
  • The corporate governance system Banco Bilbao Vizcaya Argentaria, S.A.
  • General meeting of shareholders (AGM)
  • The Board of Directors
• Supplementary information
  • Consolidated time series
  • Office network
    • The BBVA group’s network of offices in Spain
    • The BBVA group’s network of offices abroad