| AFS | Annual Financial Statements. |
| AIAF | Official Spanish secondary market for fixed-income trading. |
| ALCO | Assets and Liabilities Committee. |
| ALM | Asset-Liability Management: Mechanism for managing structural balance sheet risk for possible imbalances between assets and liabilities and for different types of factors (interest rate, exchange rate, liquidity, etc.). |
| AMA | Advanced method used by the entity for calculating the capital requirements, consolidated by operational risk. |
| AT1 | Additional Tier 1 capital. |
| Basel III | Set of proposals for reforming banking regulation, published after December 16, 2010 and to be implemented gradually by 2019. |
| BBVA | Banco Bilbao Vizcaya Argentaria. |
| BINs | Loss carry forwards (Spanish acronym). |
| BIS | Bank for International Settlements |
| CBRT | Central Bank of Turkey. |
| CCF | Credit conversion factor. |
| CDOs | Collateralized Debt Obligations . |
| CDSI | Credit Default Swap Index . |
| CDVA | Value adjustment for the entity's own contingent credit risk. |
| CET 1 | Common Equity Tier 1 |
| CIFH | Citic International Financial Holdings Limited. |
| CII | Collective Investment Institutions. |
| CLP | Chilean peso. |
| CNCB | China CITIC Bank Corporation. |
| CNMV | Spanish Securities and Exchange Commission (Spanish acronym.) |
| CORM | Corporate Operational Risk Management. |
| COSO | Committee of Sponsoring Organizations of the Treadway Commission |
| Credit Bureau | Firm set up as a credit information company to integrate and provide information before a loan is granted. Its main aim is to record the credit history of individuals and companies that have obtained some form of credit, finance, loans or services. |
| CRO | Group Risk Director. |
| CRR / CRD IV | Solvency Standards (EU 575/2013 Regulations). |
| CRR LR | Capital Requirements Regulation Leverage Ratio. |
| CSA | Credit Support Annex: Annexes to collateral agreements. |
| CVA | Credit Valuation Adjustment: Value adjustment for the counterparty credit risk. |
| DBRS | Dominion Bond Rating Service. |
| DLGD | Downturn LGD: Loss given default in a period of stress in the cycle. |
| EAD | Exposure at default: Risk exposure at default. |
| EaR | Earning at Risk. |
| EBA | European Banking Authority |
| EC | European Commission. |
| ECAI/ ECA | External credit rating agencies. |
| ECB | European Central Bank. |
| EL | Expected loss. |
| EO | Original risk exposure (Spanish acronym.) |
| ERC | Minimum level of protection required against unexpected future losses by the different types of risk. |
| EU | European Union. |
| EyP | Spain & Portugal (Spanish acronym.) |
| FTD | First to default: Derivative whereby both parties negotiate protection against the first default by any of the entities that make up the basket. |
| GERPA | Global Economics, Regulations & Public Affairs. |
| GM | Global Market. |
| GMRA | Global Master Repurchase Agreement. |
| GMRU | Global Market Risk Unit. |
| GRM | Global Risk Management. |
| GRMC | Global Risk Management Committee. |
| GRPDR | Guidelines on Revised Pillar 3 Disclosures Requirements. |
| G-SIBs | Global systemically important banks. |
| HKD | Hong Kong Dollars. |
| HR | Human Resources. |
| IAA | Internal assessment approach. |
| IAS | International Accounting Standards. |
| IC&FR | Internal control & Fiduciary Risk. |
| ICMA | International Capital Market Association. |
| IFRS | International Financial Reporting Standards. |
| IRB | Internal Ratings-Based. |
| IRC | Internal Risk Charge. |
| IReNe | Net Customer Recommendation Index. |
| ISDA | International Swaps and Derivatives Association |
| I-SIIs | Other systemically important institutions. |
| IT | Information Technology. |
| ITS | Implementing Technical Standard. |
| LCR | Liquidity coverage ratio. |
| LDA | Loss Distribution Approach. |
| LDP | Low Default Portfolios: Low default portfolios. |
| LGD | Loss Given Default: Loss in the event of default: the ratio between the loss in an exposure due to default by the counterparty and the outstanding amount at the time of default. |
| LR | Leverage Ratio. |
| LRLGD | Long Run Default. |
| LSCD | Loan to Stable Customer Deposits: Loan-to-stable customer deposit ratio. |
| LTD | Loan to Deposits: Percentage of loans financed with deposits. |
| LtSCD | Loan to Stable Customer Deposits. |
| LT V | Loan to Value: The ratio between the amount lent and the value of the collateral. |
| MAFT | Master Agreement for Financial Transactions. |
| MDB | Multilateral Development Bank |
| MREL | Minimum requirement for own fund and eligible liabilities. |
| OECD | Organization for Economic Cooperation and Development. |
| OJEU | Official Journal of the European Union. |
| OR | Operational Risk. |
| ORM | Operational Risk Management. |
| ORX | Operational Risk Exchange. |
| OTC | Over-The-Counter. |
| P&L | Profit and Loss. |
| PA s | Public Authorities. |
| PD | Probability of Default . |
| PD-TTC | PD Through the Cycle: Probability of default over the course of the cycle. |
| PEN | Peruvian sol. |
| RC / BRC | Board Risk Committee. |
| RDL | Royal Decree-Law. |
| RPDR | Revised Pillar 3 Disclosure Requirements |
| RW | Risk Weight: Level of risk applied to exposures (%). |
| RWAs | Risk-Weighted Assets. |
| S&P | Standard & Poors |
| SFMC | Securitization Fund Management Company. |
| SFTs | Securities financing transactions. |
| SIRO | Internal operational risk database. |
| SIVs | Structured Investment Vehicle |
| SPE | Special purpose entities. |
| SREP | Supervisory Review and Evaluation Process. |
| ST | Short Term. |
| TIER I | Tier 1 Capital |
| TIER II | Tier 2 Capital |
| TLAC | Total loss absorbing capacity. |
| TLTRO | Targeted Longer-Term Refinancing Operations. |
| UGLs | Liquidity Management Units (Spanish acronym) |
| USD | US dollar. |
| VaR | Value at Risk. |
