The Spanish lender is looking at hedging corporate loans alongside European peers.
BBVA is considering hedging a large-corporate loan portfolio worth 5.0 billion euros through a significant risk transfer transaction. The portfolio has an approximate value of 5.8 billion dollars.
On 14 September 2026, reports indicated that European banks are preparing deals to share default risks with private investors. BBVA is planning this move alongside similar debt operations across the banking sector.
Together with Banco Santander and Deutsche Bank, the lenders are preparing or discussing significant risk transfer deals covering a minimum combined volume of 17.5 billion dollars in loan portfolios.
Among the other lenders, Banco Santander is preparing five separate risk transfer transactions. Meanwhile, Deutsche Bank is marketing 4.0 billion dollars of large-corporate lending to investors.
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