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Note 7 Maximum Credit Risk Exposure, accumulated allowances and carrying amount by geographical location (Details) - EUR (€)
€ in Millions
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
[3]
SPAIN      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk € 232,185 [1] € 214,522 [2] € 214,066 [4]
Allowance account for credit losses of financial assets 4,684 [1] (4,593) [2] (4,860) [4]
Loans and advances to customers 227,501 [1] 209,929 [2] 209,206 [4]
MEXICO      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 91,717 91,086 73,729
Allowance account for credit losses of financial assets 3,055 (3,049) (2,496)
Loans and advances to customers 88,662 88,037 71,233
TURKEY      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 50,083 [5] 39,058 [6] 39,547 [7]
Allowance account for credit losses of financial assets 1,784 [5] (1,641) [6] (2,105) [7]
Loans and advances to customers 48,299 [5] 37,416 [6] 37,443 [7]
South America [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 48,897 [8] 43,151 [9] 40,199 [10]
Allowance account for credit losses of financial assets 2,079 [8] (1,976) [9] (1,768) [10]
Loans and advances to customers 46,818 [8] 41,175 [9] 38,431 [10]
Other Countries [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 1,205 1,094 1,047
Allowance account for credit losses of financial assets 9 (10) (8)
Loans and advances to customers 1,197 1,085 1,039
Total maximum credit risk exposures [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 424,087 [11] 388,912 [12] 368,588 [13]
Allowance account for credit losses of financial assets 11,611 [11] (11,269) [12] (11,237) [13]
Loans and advances to customers 412,477 [11] 377,643 [12] 357,351 [13]
Of which individual [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 1,532 (1,665) (2,164)
Of which collective [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 10,079 (9,604) (9,073)
Stage 1 [Member] | SPAIN      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 208,969 [1] 183,503 [2] 186,977 [4]
Allowance account for credit losses of financial assets 543 [1] (503) [2] (518) [4]
Loans and advances to customers 208,426 [1] 183,000 [2] 186,459 [4]
Stage 1 [Member] | MEXICO      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 83,053 81,619 66,448
Allowance account for credit losses of financial assets 1,210 (1,097) (955)
Loans and advances to customers 81,843 80,522 65,494
Stage 1 [Member] | TURKEY      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 42,708 [5] 34,105 [6] 32,755 [7]
Allowance account for credit losses of financial assets 243 [5] (167) [6] (224) [7]
Loans and advances to customers 42,465 [5] 33,938 [6] 32,531 [7]
Stage 1 [Member] | South America [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 42,204 [8] 36,237 [9] 34,312 [10]
Allowance account for credit losses of financial assets 393 [8] (319) [9] (318) [10]
Loans and advances to customers 41,811 [8] 35,918 [9] 33,994 [10]
Stage 1 [Member] | Other Countries [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 1,170 1,069 1,035
Allowance account for credit losses of financial assets 0 0 0
Loans and advances to customers 1,170 1,068 1,035
Stage 1 [Member] | Total maximum credit risk exposures [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 378,104 [11] 336,533 [12] 321,528 [13]
Allowance account for credit losses of financial assets 2,389 [11] (2,087) [12] (2,014) [13]
Loans and advances to customers 375,715 [11] 334,446 [12] 319,513 [13]
Stage 1 [Member] | Of which individual [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 13 (15) (21)
Stage 1 [Member] | Of which collective [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 2,376 (2,072) (1,994)
Stage 2 [Member] | SPAIN      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 15,637 [1] 22,953 [2] 19,621 [4]
Allowance account for credit losses of financial assets 631 [1] (714) [2] (759) [4]
Loans and advances to customers 15,006 [1] 22,239 [2] 18,862 [4]
Stage 2 [Member] | MEXICO      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 6,147 6,995 5,342
Allowance account for credit losses of financial assets 542 (620) (475)
Loans and advances to customers 5,605 6,375 4,866
Stage 2 [Member] | TURKEY      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 5,534 [5] 3,234 [6] 4,436 [7]
Allowance account for credit losses of financial assets 390 [5] (314) [6] (358) [7]
Loans and advances to customers 5,144 [5] 2,920 [6] 4,078 [7]
Stage 2 [Member] | South America [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 4,431 [8] 4,738 [9] 4,166 [10]
Allowance account for credit losses of financial assets 283 [8] (377) [9] (345) [10]
Loans and advances to customers 4,148 [8] 4,362 [9] 3,821 [10]
Stage 2 [Member] | Other Countries [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 23 15 3
Allowance account for credit losses of financial assets 1 (1) 0
Loans and advances to customers 22 14 3
Stage 2 [Member] | Total maximum credit risk exposures [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 31,772 [11] 37,935 [12] 33,568 [13]
Allowance account for credit losses of financial assets 1,847 [11] (2,026) [12] (1,938) [13]
Loans and advances to customers 29,925 [11] 35,909 [12] 31,629 [13]
Stage 2 [Member] | Of which individual [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 321 (471) (604)
Stage 2 [Member] | Of which collective [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 1,526 (1,555) (1,334)
Stage 3 [Member] | SPAIN      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 7,579 [1] 8,066 [2] 7,468 [4]
Allowance account for credit losses of financial assets 3,510 [1] (3,375) [2] (3,583) [4]
Loans and advances to customers 4,069 [1] 4,690 [2] 3,885 [4]
Stage 3 [Member] | MEXICO      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 2,517 2,472 1,939
Allowance account for credit losses of financial assets 1,303 (1,332) (1,066)
Loans and advances to customers 1,214 1,140 873
Stage 3 [Member] | TURKEY      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 1,841 [5] 1,719 [6] 2,356 [7]
Allowance account for credit losses of financial assets 1,151 [5] (1,160) [6] (1,523) [7]
Loans and advances to customers 690 [5] 559 [6] 833 [7]
Stage 3 [Member] | South America [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 2,262 [8] 2,176 [9] 1,721 [10]
Allowance account for credit losses of financial assets 1,403 [8] (1,280) [9] (1,105) [10]
Loans and advances to customers 860 [8] 896 [9] 615 [10]
Stage 3 [Member] | Other Countries [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk 12 11 9
Allowance account for credit losses of financial assets 7 (8) (7)
Loans and advances to customers 4 2 2
Stage 3 [Member] | Total maximum credit risk exposures [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Maximum exposure to credit risk   14,444 [12] 13,493 [13]
Allowance account for credit losses of financial assets 7,374 [11] (7,156) [12] (7,284) [13]
Loans and advances to customers 6,837 [11] 7,287 [12] 6,208 [13]
Stage 3 [Member] | Of which individual [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets 1,197 (1,179) (1,539)
Stage 3 [Member] | Of which collective [Member]      
Maximum Exposure to Credit Risk [Line Items]      
Allowance account for credit losses of financial assets € 6,177 € (5,977) € (5,745)
[1] (1) Spain includes all countries where BBVA, S.A. operates.
[2]
(1) Spain includes all countries where BBVA, S.A. operates.
[3]
(1) Balances corresponding to 2022 have been restated according to IFRS 17 (see Note 1.3).
[4]
(2) Spain includes all countries where BBVA, S.A. operates.
[5]
(2) Turkey includes all countries in which Garanti BBVA operates.
[6]
(2) Turkey includes all countries in which Garanti BBVA operates.
[7]
(3) Turkey includes all countries in which Garanti BBVA operates.
[8]
(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[9]
(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[10]
(4) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
[11] (4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024, the remaining balance was €107 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize.
[12]
(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2023 the remaining balance was €142 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize.
[13]
(5) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2022 the remaining balance was €190 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.