As of December 31, 2010, BBVA maintained a total of €3,259m in real estate assets at gross book value originated through lending to companies. Said real estate has an average coverage of 32%, which is well over the regulatory requirements.
Foreclosures & asset purchases
|
|
Gross book value (Million euros) | Coverage (%) |
|---|---|---|
| Asset purchases | 3,259 | 32.1 |
| Dwellings | 875 | 22.1 |
| Other | 204 | 37.7 |
| Capital instruments | 455 | 63.1 |
| Total | 4,793 | 33.4 |