BBVA Institutional Custody has been designated "Top Rated" in the "Agent Banks in Major Market Survey 2012" prepared annually by the prestigious magazine, leader in the sector, Global Custodian. The results of this survey will be published in its Fall issue.

This rating is the highest possible and has been achieved both in the "Cross Border / Non Affiiliated" category, where we are qualified by our Non-Resident Clients, and in the "Domestic" category, where those who value us are our Resident Clients.

Additionally, the specialized services provided by BBVA Institutional Custody have been considered "Best in Class" in twelve of the thirteen sub-categories analyzed in "Cross Border / Non Affiliated", and in seven of the twelve concerning "Domestic". It is important to note that the consideration of "Best in Class" is only granted to those who have obtained the highest scores in the market.

This award adds up to those granted in May 2012 by Global Finance in its survey "World's Best Subcustodian Banks 2012", where the magazine recognized BBVA as "Best Sub-Custodian in Spain", and in December 2011 by Global Investor-Euromoney in its "Sub Custody survey" considering BBVA as "TOP" for the fourth year in a row.

With this new recognition of Global Custodian magazine, it's shown again that the level of specialized services provided by BBVA Institutional Custody is considered a benchmark in the market, both domestically and internationally.