Of the total amount channeled into sustainable business between January and March, €27 billion (76 percent) was allocated to the environment (climate change and natural capital) and €9 billion (24 percent) to social issues.
By country, Spain accounted for 35 percent of the quarter’s sustainable business, followed by Türkiye, with 17 percent, Mexico with 16 percent and South America with nine percent. The other geographic areas represented 23 percent.
By product, financing and transactional banking made up 86 percent of the total amount channeled in the quarter, while capital markets accounted for 10 percent and project finance for four percent.
Growth across all business segments
In wholesale banking (CIB), BBVA channeled €18 billion, an increase of 31 percent over the first quarter of 2025. In parallel, BBVA CIB continued reinforcing its business in strategic areas such as financing for cleantech, renewable energy projects and solutions such as sustainability-linked confirming. Financing for renewable energy projects stood out, reaching €1.5 billion in the quarter, with particularly significant contributions from Europe and the U.S.
For its part, Commercial & Institutional Client Solutions channeled €13 billion, an increase of 24 percent year-over-year. This segment maintained positive performance across all countries, with particularly strong momentum in Colombia, where it advanced 61 percent year-over-year. New business generation also reached €1.376 billion year-to-date, with particularly strong contributions from Mexico and Türkiye. Its main growth drivers included sustainability advisory and specialist support for agribusiness, the circular economy and infrastructure.
In retail banking, BBVA channeled €5 billion into sustainable business in the first quarter of 2026, an increase of 68 percent over the same period in the previous year — the highest year-over-year growth among the three segments. Within this area, the SME business stood out, with €2.286 billion channeled, representing a 198 percent year-over-year increase.
In the breakdown by segment and area, business related to the environmental field totaled €16 billion for corporate clients, €10 billion for enterprises and €2 billion for retail customers. In the social area, funding reached a total of €2 billion for wholesale clients, €3 billion for enterprises and €3 billion for retail customers.