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Note 14 (Tables)
12 Months Ended
Dec. 31, 2021
Financial Assets At Amortised Cost [Abstract]  
Financial assets at amortised cost [Table Text Block]
The breakdown of the balance under this heading in the accompanying consolidated balance sheets, according to the nature of the financial instrument, is as follows:
Financial assets at amortized cost (Millions of Euros)
Notes202120202019
Debt securities34,78135,73738,877
Central banks15
Government32,13028,72731,526
Credit institutions817783719
Other financial corporations5255,0275,254
Non-financial corporations1,2951,2001,379
Loans and advances to central banks5,6816,2094,275
Loans and advances to credit institutions13,27614,57513,649
Reverse repurchase agreements2,7881,9141,817
Other loans and advances10,48812,66111,832
Loans and advances to customers (*)7.2.2318,939311,147382,360
Government19,68219,39128,222
Other financial corporations9,8049,81711,207
Non-financial corporations140,993136,424166,789
Other148,461145,515176,142
Total8.1372,676367,668439,162
Of which: impaired assets of loans and advances to customers7.2.214,65714,67215,954
Of which: loss allowances of loans and advances7.2.5(11,142)(12,141)(12,427)
Of which: loss allowances of debt securities(52)(48)(52)
(*) The variation in 2020 corresponds mainly to the companies in the United States included in the USA Sale (see Notes 1.3, 3 and 21).
Debt securities at amortized cost [Table Text Block] The breakdown of the balance under the heading “Debt securities” in the accompanying consolidated balance sheets, according to the issuer of the debt securities, is as follows:
Financial assets at amortized cost. Debt securities. (Millions of Euros)
202120202019
Amortized cost Unrealized
gains
Unrealized
losses
Fair
 value
Amortized cost Unrealized
gains
Unrealized
losses
Fair
 value
Amortized cost Unrealized
gains
Unrealized
losses
Fair
 value
Domestic debt securities
Government and other government agencies17,6931,326(7)19,01313,6561,21214,86812,755630(21)13,363
Central banks
Credit institutions2626
Other issuers33710(6)3414,83559(7)4,8874,90338(10)4,931
Subtotal 18,0311,336(13)19,35318,4921,271(7)19,75617,684668(31)18,320
Foreign debt securities
Mexico8,464182(138)8,5087,771534(16)8,2896,374168(18)6,525
Government and other government agencies7,669170(131)7,7086,9634797,4425,5761665,742
Central banks
Credit institutions61411625632556875262529
Other issuers1811(7)175176(16)160272(18)254
The United States939352(26)266,125111(20)6,217
Government and other government agencies101014145,690111(18)5,783
Central banks
Credit institutions262623(16)725(1)25
Other issuers575715(10)5410(1)409
Turkey2,634143(95)2,6823,62895(25)3,6984,11348(65)4,097
Government and other government agencies2,628143(95)2,6763,62195(25)3,6914,10547(65)4,088
Central banks
Credit institutions5566718
Other issuers1111
Other countries5,559289(37)5,8125,795505(1)6,2994,58182(26)4,637
Other foreign governments and other government agency4,144257(28)4,3744,473467(1)4,9393,40082(22)3,459
Central banks
Credit institutions171171122122135135
Other issuers1,24332(9)1,2671,200381,2381,047(4)1,043
Subtotal 16,750614(270)17,09417,2451,134(68)18,31121,194409(129)21,476
Total34,7811,950(284)36,44735,7372,405(75)38,06738,8771,077(160)39,796
Debt securities by rating [Table Text Block]
As of December 31, 2021, 2020 and 2019, the distribution according to the credit quality (ratings) of the issuers of debt securities classified as financial assets at amortized cost, was as follows:
Debt securities by rating
202120202019
Carrying amount
(Millions of Euros)
%Carrying amount
(Millions of Euros)
%Carrying amount
(Millions of Euros)
%
AAA1430.4 %1510.4 %390.1 %
AA+770.2 %740.2 %6,48116.7 %
AA760.2 %640.2 %14— %
AA-690.2 %480.1 %7131.8 %
A+620.2 %42— %— %
A6191.8 %5901.7 %16,80643.2 %
A-16,31246.9 %16,73646.8 %6071.6 %
BBB+9,33626.8 %7,91922.2 %3,7159.6 %
BBB3,85311.1 %9422.6 %5511.4 %
BBB-5271.5 %4,49912.6 %3,7459.6 %
BB+ or below3,1209.0 %3,92811.0 %5,12313.2 %
Unclassified5871.7 %7432.1 %1,0832.8 %
Total34,781100.0 %35,737100.0 %38,877100.0 %
Loans and advances to customers [Table Text Block]
The breakdown of the balance under this heading in the accompanying consolidated balance sheets, according to their nature, is as follows:
Loans and advances to customers (Millions of Euros)
202120202019
On demand and short notice3,1612,8353,050
Credit card debt14,03013,09316,354
Trade receivables19,52415,54417,276
Finance leases7,9117,6508,711
Reverse repurchase agreements237126
Other term loans268,047267,031332,160
Advances that are not loans6,2434,9244,784
Total 318,939311,147382,360
Loans and advances maturing in more than one year by interest rate fixed and floating [Table Text Block]
The following table sets forth a breakdown of the gross carrying amount "Loans and advances to customers" with maturity greater than one year by fixed and variable rate as of December 31, 2021, 2020 and 2019:
Loans and advances maturing in more than one year by fixed and variable rate (Millions of Euros)
202120202019
DomesticForeignTotalDomesticForeignTotalDomesticForeignTotal
Fixed rate56,75662,228118,98446,10466,444112,54855,92068,915124,835
Variable rate75,54444,237119,78186,71041,452128,16279,32997,765177,095
Total132,300106,465238,765132,814107,895240,710135,249166,680301,929
Securitized loans [Table Text Block]
This heading also includes some loans that have been securitized. The balances recognized in the accompanying consolidated balance sheets corresponding to these securitized loans are as follows:
Securitized loans (Millions of Euros)
202120202019
Securitized mortgage assets23,69523,95326,169
Other securitized assets6,5476,1444,249
Total30,24230,09830,418