In 2025, Bancamiga reaffirmed its commitment to the sustainable development of Venezuela by implementing a high-impact social investment strategy focused on innovation, education, and the well-being of communities throughout the country.

The combination of business development programs with an emphasis on technological advancements, support for healthcare, and the promotion of social and cultural initiatives positions Bancamiga as a benchmark for corporate social responsibility in the Venezuelan banking sector, according to José Simón Elarba, Chairman of the Board of Directors of Bancamiga Banco Universal.

“Just as we set the standard with our growth and leadership in the banking sector, our social management transcends traditional banking and differentiates us from other financial institutions,” he emphasized.

Programs focused on promoting entrepreneurship and business development have been the area with the greatest impact, benefiting some 5,000 people through training sessions that integrated technological trends and key elements for successful business models.

Bancamiga marked a historic milestone with its conference on Artificial Intelligence (AI) in the Ríos Reyna Hall of the Teresa Carreño Theater, featuring the participation of international experts in the new digital frontiers. This commitment to innovation extended to Global Entrepreneurship Week and the support of Technovation Girls Venezuela 2024-2025, where more than 350 teenagers designed mobile applications to solve social problems, promoting gender equality in fields such as science and technology, and engineering and mathematics.

Likewise, through the Bancamiga Publishing Fund, the “Manual for Entrepreneurs: Ten Key Questions for Starting a Business in Venezuela” was published, a resource that has garnered more than 5,000 digital downloads and 500 printed copies.

In addition, in-person and online forums were held for entrepreneurs and small and medium-sized business owners in Greater Caracas, Valencia, Porlamar, and Puerto Ordaz, according to a statement from the institution.

Sowing the future

Bancamiga understands that the country’s development begins in the classroom. Through the “Image and Word” program, 72 students from Artigas, Antímano, and Catia strengthened their literacy skills. Similarly, the bank trained 76 teachers through “Creating Ideas: Together for Venezuela,” contributing to education and using the Design Thinking methodology to support the achievement of the United Nations Sustainable Development Goals (SDGs).

The promotion of reading and the arts was ongoing thanks to the partnership with the FMM Reading Foundation, the sponsorship for the third consecutive year of the West Caracas Book Fair (UCAB), and support for El Sistema in its 50th anniversary, celebrating the country’s most emblematic social and artistic program.

Commitment to social welfare

The 2025 social management plan also embraced the most pressing causes. The bank donated radiofrequency pain management equipment, hospital beds, and multiparameter monitors for the renal disease unit at Dr. Domingo Luciani Hospital.

The spirit of solidarity was evident with the Bancamiga Volunteer team, who provided social services and food to the Comprehensive Care Center for Children and Adolescents (CAINA) in Gavilán, Miranda state.

In the sports arena, the institution continued its support for women’s soccer by backing the Capital FC Women’s Soccer Academy (ADIFFEM), benefiting 130 girls in their holistic development.

Finally, participation in the UNDP’s “Productive Venezuela” fair reaffirmed Bancamiga’s commitment to the strategic sectors that drive the national economy.

With these actions, Bancamiga not only concludes a successful year but also positions itself as a key player in the development and building of a supportive, prosperous, and innovative Venezuela.

With information and reference images provided by Bancamiga Banco Universal

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In a fresh and innovative format, Bancamiga started this year an audiovisual series that allowed to spread simple stories of great impact in the communities and in the country. The protagonists have in common their fight for a better Venezuela. This Tuesday the stories of a group of Venezuelans reached a new level, with the baptism of the book Historias Repetibles, the first literary work of the Bancamiga Editorial Fund.

The Editorial Fund is a new initiative of the Bancamiga Social Responsibility Department, with the aim of contributing to the preservation and dissemination of cultural heritage, promoting reading and access to knowledge, and fostering collaboration between institutions, researchers, intellectuals and writers of different currents.

Through 12 stories, Historias Repetibles pays tribute to tradition and to those people who have dedicated their lives to natural conservation projects and to preserving culture. Also to those who inspire with their perseverance and boundless passion, whose achievements are passed on from generation to generation, and to those who are able to get up after a tragic life experience.

With each of the stories, readers will learn about the efforts of their protagonists to achieve their dreams. They will learn that in Caracas there are people who are in charge of prolonging the life of toys, that in Mérida an agronomist has been promoting a project for the registration and preservation of mucuchí dogs for 20 years, or that in Nueva Esparta 27 women are in charge of collecting oysters from the mangroves of La Restinga.

These are stories that, despite having a very different context and development, have as protagonists mothers and fathers, workers and housewives who strive from their trenches for the common good. This is what Lilian Gluck and her team of volunteers do, who have managed to recover and recycle 60,000 stuffed animals, toys, educational games and dolls; Edgar Albarrán, at almost 3,000 meters above sea level in the state of Mérida, by creating Mucuchilandia with the aim of rescuing the Mucuchí race, and Érika Fernández and her oyster farmers, heirs to the art of collecting and cultivating the mangrove oyster, who fight on Margarita Island to transmit this tradition to the new generations. And there are many other stories like these.

During the event held at the PB of Cubo Negro, the President of the Board of Directors of Bancamiga Banco Universal, José Simón Elarba, expressed that the quality of the publications and their contribution to the development of the country will allow the Editorial Fund to become “a national and international reference; in addition to promoting the creation of spaces for participation by renowned authors, allies and interest groups for the organization.”

For the first half of next year, the Fund plans to publish the Manual for entrepreneurs; Answers to 10 key questions for entrepreneurship in Venezuela, a project in which experts participate in order to support those who have business initiatives in the country.

Bancamiga: A tribute to every Venezuelan

In the 184 pages of Repeatable Stories, Venezuelans will get to know Belkis García in A New Dimension of Triumph; Lieska Mofi in Guardians of a Plant Temple; Susanne Zielke and Astrid Rudman in The Voice of Clay; Clemente Balladares in Gardeners of the Sea and Julio Carrillo in Joy between Two Worlds.

They will also meet the multi-faceted Petare in the voice of César Fernández, Alexis Montesino and Doris Pereira; Haidy Collin in Venezuela German is spoken; Érika Fernández in Margariteñas, harvesting mangroves; Lilian Gluck and the sixty thousand illusions; Greisly Avendaño and the new realities of wood; Edgar Albarrán in Mucuchíes: Preserving canine pride in Venezuela; and Juan Carlos Rodríguez and his wife Haydeé Rodríguez in Chuwie: The sloth that awakened consciences.

“With this first publication we are demonstrating our work as a socially responsible company, which contributes strongly to the traditional and cultural memory of the country. Historias Repetibles is a tribute to each Venezuelan fighter, the protagonist of each of the stories told here and which represent the thousands of inhabitants of this blessed land of natural and human wealth,” Bancamiga highlights on page 5 of this work filled with photographs by Gustavo Alemán Troconiz and texts by Nahir Márquez.

With this editorial initiative, Bancamiga once again reaffirms its commitment to carry out programs and projects capable of positively transforming society and building a better Venezuela.

With information and reference images provided by Bancamiga Banco Universal

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Bancamiga and the Andrés Bello Catholic University (UCAB) signed a framework agreement for an inter-institutional strategic alliance to carry out actions and activities of common interest in different areas, aimed at promoting academic, business and social development. 

The agreement was signed by the president of the Board of Directors of Bancamiga, Carmelo De Grazia and the rector of the UCAB, Arturo Peraza, during an event that took place in the university’s rectorate.

The agreement establishes the lines of collaboration between both institutions for the next five years, to carry out training activities and research projects, facilitate the exchange of enrolled students, academic research and service personnel, as well as promote joint publications.

The president of the Board of Directors of Bancamiga, Carmelo De Grazia, expressed his satisfaction at returning to his alma mater and contributing to the strengthening of the university: “We are going to make important efforts to continue supporting the university, fulfilling the objective of this framework agreement with various activities that we have been discussing.”

“The vision of investment in the country that Bancamiga is having, realizing that the training of human talent is the best way to invest in the country’s solution,” celebrated the rector Arturo Peraza.

Technological support and linkage

The agreement formalized several months of work between the two institutions and provided that after the signing, Bancamiga will deliver an IBM server, Model Power7, with 8 cores, which will be used for student training.

The executive president of IBM Venezuela, Germán Pacheco, was at the event, where he expressed that the “contribution that Bancamiga is making to the development of the country is fundamental” so that the university students have an education for work.

The server will allow students to be linked to the technology developed by IBM, known as System i, which represents more than 90% of the equipment used to support financial institutions.

In this way, young people will be prepared in the short and medium term for the world of work with the necessary skills, explained Roberto Parra, director of Technology and Organizational Management at Bancamiga.

Likewise, Bancamiga will sponsor the eighth Feria del Libro del Oeste de Caracas (FLOC) 2023, which will be held during the last week of November, on the Montalbán campus, where thousands of visitors are expected to attend the literary event.

“Bancamiga is supporting us to open culture to members of the university community, to the citizens of the Capital District who sometimes have few opportunities in this direction,” remarked rector Arturo Peraza.

Joint promotion of entrepreneurship

At the event, the alliance with the Centro de Emprendimiento de la UCAB was also announced for the edition of a manual with key information for Venezuelan entrepreneurs, as part of the training programs for the development of small and medium-sized entrepreneurs carried out by the financial institution.

“This manual will be the first publication of the Bancamiga editorial fund, which we hope to launch in 2024 with the academic support of the UCAB,” announced Milagro González, Director of Social Responsibility.

With information from Bancamiga Banco Universal

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