BBVA has reduced risk exposure on its balance sheet through two securitization operations on credit portfolios totaling 3 billion euros, according to a statement from the entity.
Firstly, the bank has carried out a synthetic securitization for 2 billion euros on a portfolio of financing for digital infrastructure projects, renewable energies, transport infrastructures, and other public services, located mainly in the United States and Europe.
With this transaction, BBVA manages to release around 80% of the initial regulatory capital linked to said portfolio, which increases its margin to continue granting financing to corporate clients and sustain economic activity, as detailed by the entity.
Through the selected structure, BBVA transfers a portion of the credit risk associated with the portfolio to institutional investors, while maintaining the underlying loans on its balance sheet. "These structures allow the bank to optimize the use of regulatory capital, strengthen balance sheet efficiency, and increase its lending capacity to support the real economy," the financial entity emphasized.
In addition, BBVA has completed another securitization in STS (simple, transparent, and standardized by the European Union) format linked to a portfolio of loans for vehicle acquisition, with a volume of 1 billion euros.