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Note 36 - Transactions on behalf of third parties (Tables) | 12 Months Ended
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Dec. 31, 2018
Transactions On Behalf Of Third Parties Abstract |
Table of Transactions On Behalf Of Third Parties Explanatory |
Transactions on Behalf of Third Parties (Millions of euros)
| 2018 | 2017 | 2016
Financial instruments entrusted to BBVA by third parties | 628,417 | 624,822 | 637,761
Conditional bills and other securities received for collection | 13,484 | 14,775 | 16,054
Securities lending | 4,866 | 5,485 | 3,968
Total | 646,768 | 645,081 | 657,783
Customer funds by type |
Customer Funds by Type (Millions of euros)
| 2018 | 2017 | 2016
Asset management by type of customer (*): |  |  |
Collective investment | 61,393 | 60,939 | 55,037
Pension funds | 33,807 | 33,985 | 33,418
Customer portfolios managed | 29,953 | 36,901 | 40,805
Of which: |  |  |
Portfolios managed on a discretionary basis | 23,657 | 19,628 | 18,165
Other resources | 2,949 | 3,081 | 2,831
Customer resources distributed but not managed by type of product: |  |  |
Collective investment | 3,468 | 3,407 | 3,695
Insurance products | 32 | 35 | 39
Total | 131,603 | 138,347 | 135,824
(*) E xcludes balances from securitization funds.

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