BBVA in 2012

Maximun exposure to credit risk(Million euros)Spain Eurasia Mexico31-12-12 31-12-11 31-12-10SouthAmericaThe UnitedStatesCorportateActivitiesTotalGroupTotalGroupGross credit risk (drawn) 229,290 41,960 39,542 53,672 41,505 1,158 407,126 400,709 384,069Customer lending (gross) 210,828 30,228 38,995 48,728 37,136 1,804 367,719 361,310 348,253Contingent liabilities 18,463 11,732 547 4,944 4,369 (646) 39,407 39,398 35,816Market activity 50,878 7,608 28,504 16,230 9,125 42,344 154,689 134,937 129,398Credit entities 12,463 2,327 4,808 3,332 1,368 2,224 26,522 26,107 23,636Fixed income 25,275 5,280 22,460 10,107 7,263 40,120 110,505 88,621 88,081Derivatives 13,141 - 1,235 2,792 494 - 17,662 20,209 17,680Undrawn facilitites 27,241 16,769 13,366 6,521 22,157 168 86,223 88,978 86,790Maximum exposure to credit risk 307,410 66,337 81,412 76,424 72,787 43,669 648,039 624,624 600,257TotalGroup16 BBVA Group. Maximum exposure to credit riskDistribution by type of risk(31-12-2012)BBVA Group. Gross exposure to credit riskDistribution by business area(31-12-2012)17Undrawn facilities 13.3%South America 10.2%Credit risk 62.8%Spain 56.3%Loans 56.7%Contingent liabilities 6.1%Market activity 23.9%Eurasia 10.3%Mexico 9.7%The United States 13.2%Exposure: 648,039 million eurosCredit risk: 407,126 million euros18BBVA Group. Exposure to customer lending (gross). Distribution by portfolio(31-12-2012)Global customers 13.3%Residential mortgages 28.9%Public sector 8.7%Individuals 39.7%Corporate and business 38.3%Consumer finance 7.5%Credit cards 3.4%Credit risk: 367,719 million euros102 Risk management