information of prudential relevance 2013

Home
Introduction
- Introduction
1. General information requirements
2. Information on total eligible capital
- 2.1. Characteristics of the eligible capital resources
- 2.2. Amount of eligible capital resources
3. Information on capital requirements
- 3.1. A breakdown of minimum capital requirements by risk type
- 3.2. Procedure used in the internal capital adequacy assessment process
4. Credit risk
5. Market risk in trading book activities
- 5.1. Differences in the trading book for the purposes of applying the Solvency and the Accounting Circulars
- 5.2. Internal models
6. Operational risk
7. Investments in capital instruments not included in the trading book
8. Interest-rate risk
- 8.1. Nature of interest rate risk and key hypotheses
- 8.2. Variations in interest rates
9. Liquidity and funding risk
- 9.1. Governance and monitoring of liquidity and funding risk
- 9.2. Liquidity and funding prospects
10. Information on remuneration
Annex
- Companies with a different method of consolidation and deducted from capital for the purposes of the Solvency Circular

1.3. Exemptions from capital requirements at the individual or sub-consolidated level

In keeping with the provisions of Rule Five of the Solvency Circular, on the exemption from individual or consolidated compliance with the aforementioned Rule for Spanish credit institutions belonging to a consolidable group, the Group obtained exemption from the Bank of Spain on December 30, 2009 for the following companies:

Banco Industrial de Bilbao, S.A.
Banco de Promoción de Negocios, S.A.
BBVA Banco de Financiación, S.A.
Banco Occidental, S.A.