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  "documentTitle": "160316 BBVA MS Conference tcm927 569522",
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  "notes": "The slide uses a combination of pie, stacked bar, and donut charts to visualize the composition of the €15.8 Bn O&G exposure.",
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      "kind": "callout",
      "text": "Closely monitoring Compass O&G portfolio: €3.5 Bn, 6% of Compass Credit Risk",
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      "text": "Closely monitoring Compass O&G portfolio €3.5 Bn, 6% of Compass Credit Risk",
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      "text": "Oil & Gas credit exposure",
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      "kind": "list",
      "text": "~65% exposure to Investment Grade companies; ~50% to Vertically integrated major oil companies; Limited exposure to the Upstream business (15%), of which ~90% in Compass",
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      "text": "Credit Exposure: €15.8 Bn",
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      "kind": "source-note",
      "text": "(1) Considers Funded Exposure + Contingent risks (excludes Unfunded amounts: €8.9Bn as of December 2015)",
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      "text": "Limited Exposure to the Oil & Gas Sector",
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