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Note 36 - Transactions on behalf of third parties (Tables) | 12 Months Ended
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Dec. 31, 2017
Transactions on behalf of third parties |
Transactions on behalf of Third Parties |
Transactions on Behalf of Third Parties (Millions of euros)
| 2017 | 2016 | 2015
Financial instruments entrusted to BBVA by third parties | 624,822 | 637,761 | 664,911
Conditional bills and other securities received for collection | 14,775 | 16,054 | 15,064
Securities lending | 5,485 | 3,968 | 4,125
Total | 645,081 | 657,783 | 684,100
Customer funds by type |
Customer Funds by Type (Millions of euros)
| 2017 | 2016 | 2015
Asset management by type of customer (*): |  |  |
Collective investment | 60,939 | 55,037 | 54,419
Pension funds | 33,985 | 33,418 | 31,542
Customer portfolios managed | 36,901 | 40,805 | 42,074
Of which: |  |  |
Portfolios managed on a discretionary basis | 19,628 | 18,165 | 19,919
Other resources | 3,081 | 2,831 | 3,786
Customer resources distributed but not managed by type of product: |  |  |
Collective investment | 3,407 | 3,695 | 4,181
Insurance products | 35 | 39 | 41
Other | - | - | 31
Total | 138,347 | 135,824 | 136,074
(*) Excludes balances from securitization funds.

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