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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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