2025 closed for Bancamiga with results that allowed it to consolidate its position as one of the leading institutions within the large segment, driven by the outstanding annual growth of its assets. As of December, its total assets reflected an annual increase of 631.12 %, positioning it as the second institution with the highest percentage growth within its segment.

Bancamiga’s annual performance was primarily driven by the expansion of its gross loan portfolio, which registered an annual increase of 847.03 %.

Regarding the asset composition as of December 2025, the loan portfolio represented the largest concentration at 39.37 %, registering an annual increase of 9.02 percentage points. This was followed by cash and cash equivalents at 29.67 %; investments in securities at 13.00 %; and other assets, which totaled 17.95 %.

The institution’s total assets achieved an average monthly growth of 18.15 % in 2025, surpassing the averages for the financial system (16.33 %) and the private banking sector (17.33 %). These results strengthen Bancamiga’s position as the seventh-largest bank in the country in terms of asset volume. By December 2025, Bancamiga had achieved a 7.92 % market share in the private banking sector and a 3.63 % market share in the Venezuelan Banking System.

Public deposits

As of the end of December 2025, Bancamiga’s total deposits registered an annual growth of 445.39 %, positioning it as the sixth-largest entity in the Venezuelan Banking System in this category. It also achieved an average monthly growth of 15.41 %, surpassing the 14.90 % of the Venezuelan Banking System and remaining in line with the 15.45 % of the private sector.

Regarding deposits in foreign currency, Bancamiga maintains a prominent position in the market, ranking among the top three private banks in public deposits in foreign currency. The institution holds 15.80 % of private banking deposits and 8.91 % of the Venezuelan Banking System’s deposits, solidifying its position as a leader in this segment.

In December 2025, Bancamiga closed with a level of foreign currency deposits that allowed it to maintain its position for the sixth consecutive month as the bank with the highest proportion of foreign currency deposits within the system, at 59.81 %. On an annual basis, it absorbed 3.57 percentage points from private banks and 1.94 percentage points from SBV (Banco de Venezuela).

Bancamiga’s growth in recent times has been supported by innovative products and services that meet customer needs, and by its commitment to bringing banking services to more Venezuelans, regardless of their location. This is why it promotes special operations throughout the country and travels across Venezuela with its mobile banking service, Bancamiga Móvil.

Structural gap

Bancamiga’s structural gap registered solid annual growth during 2025. It began at 44.18 % at the close of December 2024 and reached 50.43 % at the close of December 2025, representing a net increase of 6.25 percentage points.

This progress positions Bancamiga with a more robust structural gap, strengthening its financial intermediation capacity and operational stability at year-end. The annual increase allowed this growth to place Bancamiga above the banking system and the large banking sector by 10.51 and 11.22 percentage points, respectively, by the end of December.

Equity

Bancamiga closed 2025 as the largest financial institution with the highest relative growth, achieving an annual increase of 1,344.03 %. In contrast, the banking system as a whole showed an increase of 710.84 %, and private banks an increase of 858.95 %, demonstrating the institution’s solid performance and market leadership.

This result was reflected in a capital base that places Bancamiga as the fifth-largest institution in terms of capital within the private banking sector.

At year-end, the institution consolidated a market share of 3.23 % within the SBV (Social Banking System) and 6.64 % in private banking, representing increases of 1.42 and 2.23 percentage points, respectively.

Financial income

By December 2025, Bancamiga’s balance sheet registered a growth of 1,506.53% compared to December 2024, significantly exceeding the growth of the Venezuelan Banking System (SBV). Furthermore, the institution ranked among the top 5 private banks and the top 6 within the SBV.

This performance translated into a market share of 6.48% in the total system and 10.06% within the private sector, reflecting increases of 2.02 and 2.67 percentage points, respectively, compared to 2024.

Net result

Although the Venezuelan financial system showed annual growth of 1,111.3% by December 2025, Bancamiga achieved a relative growth of 18,963.3 %, consolidating its position as the institution with the highest growth within the large banking sector.

Bancamiga also strengthened its market share, reaching 3.16 % in the Venezuelan banking system and 5.81 % in the private banking sector, representing significant year-on-year increases of 2.95 and 5.14 percentage points, respectively.

Additionally, the bank reported a return on equity (ROE) of 88.01 % and a return on assets (ROA) of 16.28 %, indicators that highlight its efficiency and operational strength, according to a statement from the institution.

Information and image provided by Bancamiga Banco Universal

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La entrada Bancamiga marks a year of exceptional expansion and profitability apareció primero en Bitfinance.

Advances in products and services solidify Bancamiga as a solid and innovative private entity. At the close of 2025, the institution celebrates significant milestones in expansion, technological modernization, and security.

According to a corporate statement from this private banking organization, the following is a list of the ten milestones that have marked its growth in 2025:

1. Solutions for the business sector

The Mastercard Business Card has become a key tool for small, medium, and large businesses. It simplifies expense management and cash flow, offering benefits such as insurance and the Easy Savings Specials program, which includes training tools, planning resources, and exclusive discounts.

2. Two years traveling the country

Bancamiga Móvil celebrated its second anniversary of bringing banking services to Venezuela. In 2025, the Fuerza Móvil team traveled to more than 13 states, opening 19,275 accounts, selling 641 point-of-sale terminals, and adding 214 new corporate clients.

3. The one million customers and 18 years of history

A symbol of Bancamiga’s exponential growth was reached on March 20th with the historic milestone of its one millionth customer. This was a 19-year-old resident of Guatire, Miranda state. This achievement coincided with the institution’s eighteenth anniversary of operation.

4. Cutting-edge security and data protection

The Bancamiga Suite application remains at the forefront with NFC technology for mobile payments (via Switch 7B) and the ID Check system, a verification code that ensures the security of online purchases. To strengthen this ecosystem, the bank launched its first series of cybersecurity talks, educating customers on the importance of always accessing the platform through the official domain, https://www.bancamiga.com, to prevent fraud.

5. Leadership in point of sale (POS) terminals

The institution has made progress toward its goal of 200,000 point-of-sale terminals in the market. Devices such as the AMP 8200, AMP 8400, MPOS 2200, Aisino A75, and A80 offer contactless technology, recharge management, bill payment capabilities, and Wi-Fi connectivity.

6. Boosting banking through kids accounts

The stability of the customer portfolio was strengthened through special weekend operations, notably the Kids accounts promoted on Children’s Day and Christmas. In just 10 Saturdays, 18,821 children and teenagers were brought into the banking system. Additionally, 6,875 adult accounts were opened, of which 4,097 were in foreign currency and 63 in pesos.

7. Gamers card

Bancamiga launched the first card for gamers in partnership with Xtreme E-Sport Arena. This card offers special benefits, including discounts on registration fees to compete in high-performance technology venues.

8. Inclusive innovation

This year, the institution launched new card designs with the Touch Card system. These cards incorporate distinctive indentations (round for debit, angular for credit, and triangular for prepaid) that allow for tactile identification for people with visual impairments. The Bancamiga Debit Card offers NFC technology, which facilitates international purchases and allows subscriptions to streaming services.

9. Digital fare collection with Movi

Innovation has arrived in public transportation with the launch of Movi by Bancamiga. This application facilitates the collection and payment of urban fares by scanning QR codes, optimizing the interaction between drivers and passengers digitally.

10. Branch network expansion

Bancamiga inaugurated its 51st branch on December 29, marking its arrival in the state of Yaracuy. Additionally, the Lido branch evolved from an external sales point to a full-fledged branch, and the La Rinconada branch was relocated to the Los Próceres Shopping Center in Caracas.

2025 has been a year of profound transformation for Bancamiga, where technological innovation and social commitment have come together to redefine the financial experience in Venezuela.

BitFinance.news

Information and images provided by Bancamiga Banco Universal

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La entrada Ten milestones that marked Bancamiga’s growth in 2025 apareció primero en Bitfinance.

The International Monetary Fund’s economic growth forecasts for Spain are expected to be higher than those for the Eurozone until 2030, thanks to positive deficit and debt forecasts.

In its World Economic Outlook report, the IMF predicts that Spain’s GDP growth will triple that of the Eurozone this year, “with an expansion of 2.5 % in 2025, compared to 0.8 % anticipated for the 2020s, and will see this gap narrow over the following years.”

On the other hand, the organization forecasts that by the end of the decade, Spain’s annual growth will be 1.6 %, while for the eurozone, the expansion would be 1.3 % in 2028, 1.2 % in 2029, and 1.1 % in 2030.

Regarding inflation, prices are expected to rise by 2.2 % in 2025 and 1.9 % in 2026, while they would rise by 2.1 % in 2027.

Regarding the unemployment rate in Spain, the IMF forecasts a decrease to 11.1 % in 2025 and 11 % in 2026. In this context, the number of employed persons is expected to continue to rise to 21.9 million in 2025 and exceed 22 million next year.

Issues such as debt and deficit are also addressed in the IMF report. In this regard, forecasts call for a decline to 2.7 % of GDP this year, “and a further decline in 2026, reaching 2.4 %.” In the case of public debt, this indicator will fall to 100.6 % in 2025 and “will continue to decline relative to GDP over the remainder of the IMF’s projection horizon, reaching 99 % of GDP in 2026.”

M.Pino

Source: diariofinanciero

(Reference image source: Arturo Rey on Unsplash)

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La entrada Spain will experience accelerated economic growth until 2030 apareció primero en Bitfinance.

MetaMask’s new cryptocurrency card is undergoing testing in the European market, following a partnership with Mastercard and Baanx for the pilot.

The MetaMask ethereum self-custody wallet is seeking expansion in the market, anticipating the general launch of this new card at the end of the year.

The goal of the platform is to provide cryptocurrency users with more tools for asset holding and trading.

The alliance with the credit card issuer Mastercard and the fintech Baanx was announced through a statement from MetaMask, announcing the new product in a pilot phase to “remove barriers to the everyday use of digital currencies.”

They indicated that it works the same as a traditional debit card, “where the user continues to maintain custody of the cryptocurrencies in their wallet, and these are converted to fiat currency at the time of purchase.”

The beneficiaries in this test are users from the United Kingdom and the European Union (EU), including Spain.

Raj Dhamodharan, executive vice president of Blockchain & Digital Assets at Mastercard, said: “We identified a significant opportunity to make purchases easier, more secure and interoperable for self-custody wallet users.”

Users must register to enjoy the MetaMask card and “set it as a payment method on your mobile device.” They will be able to make daily purchases in the USDC and USDT stablecoins, pegged to the US dollar, as well as WETH using the Linea layer 2 network.

M.Pino

Source: diariobitcoin

(Reference image source: Shubham Dhage in Unsplash)

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La entrada MetaMask launches cryptocurrency card together with Mastercard and Baanx apareció primero en Bitfinance.

The stock and cryptocurrency trading platform Robinhood, whose main base of operations is in the United States, presented its latest quarterly report. In this balance, they highlight that they capitalized 43 million US dollars from their cryptocurrency operations division.

Despite a slight decline in the monthly user base, overall revenue was significantly boosted by the crypto division. The Robinhood team, in its report for the last quarter of 2023, noted that several indicators showed promising results.

Robinhood CEO Vlad Tenev commented in a statement:

“2023 was a solid year for us. The speed of our products continued to accelerate, our commercial market share increased and we began to expand globally. In addition, we have had an even better start to 2024, attracting more funded clients and net deposits during the first half of the first quarter than in the entire fourth quarter of 2023”.

As for cryptocurrency operations, the $43 million capitalized exceeds the $23 million recorded in the third quarter of 2023. This reflects a growing interest in digital currencies towards the end of that year.

These quarterly results come at a time when Robinhood has plans to expand beyond the United States, with a particular focus on the European market. In addition, the Robinhood team has been adapting to market trends and the needs of its clients.

K. Tovar

Source: Diariobitcoin

(Reference image source: Kanchanara, Unsplash)

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La entrada Robinhood increased its earnings on cryptocurrency operations apareció primero en Bitfinance.

In a recent statement, Google revealed its plans to build a billion-dollar data center near London as part of its ongoing expansion in the UK.

This new data center will be instrumental in supporting the company’s various services, including Google Cloud, Search, Maps and YouTube. According to the Google blog post, the sprawling 33-acre site will not only generate jobs for workers on site, but also for those involved in the construction phase.

In addition, Google has set an ambitious goal for this data center: to operate carbon-free by the end of the decade. In the company’s words, “We have set the goal of operating all our data centers and campuses with carbon-free energy (ELC), every hour of every day by 2030.”

Despite this significant expansion, Google faced massive layoffs earlier this year, with plans to continue staff cuts throughout the year. Google CEO Sundar Pichai justified these cuts, highlighting the need to build capacity to invest even more in priority technologies, such as artificial intelligence.

In 2023, the company laid off more than 12,000 employees after pledging to reduce its overall workforce by 6%. Pichai notes that the expectation for 2024 is to lay off fewer employees compared to the previous year.

K. Tovar

Source: Cointelegraph

(Reference image source: Fimbee.com, Unsplash)

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La entrada Google will build a data centre in London apareció primero en Bitfinance.

The French hotel group Accor recently analyzed expansion opportunities in Latin America, where they have consolidated their presence after the restart of travel restricted by Covid-19.

Under the franchise modality, Accor has strengthened its presence in the region, opening new hotels in different countries. This was highlighted in a recent online event by Mauro Rial, COO North & Hispanic Americas – Premium, Midscale and Economy Brands, and Luis Mirabelli, VP Development South America (PME Hispanic Countries).

Rial highlighted: “In Latin America we have a leadership position, with great strength in Brazil, and we seek to transfer it to the entire region. Accor’s objective is to maintain the successful business model that we have as a focus on franchises, with a portfolio today in the region of 60% managed properties and 40% franchised.”

Tourism is resurging after the progressive removal of restrictions imposed by the pandemic. Likewise, people’s interest in traveling promises a return to pre-pandemic hotel occupancy rates. Accor wants to make the most of its presence in leisure and corporate travel destinations.

The French group has hotels in Brazil, Chile, Colombia and, more recently, Mexico. It has a wide portfolio, with more than 40 brands and more than a million rooms available.

M.Pin

Source: revistaeconomia

(Reference image source: Bruno Thethe, Unsplash)

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La entrada Accor Group reaffirms its commitment to Latin America apareció primero en Bitfinance.

The Wirex cryptocurrency card company announced its collaboration with Visa to expand the availability of its cards in more than 40 countries. The alliance will allow users to access their cryptocurrencies around the world through their Visa cards, which means that they will be able to spend their funds in any establishment that accepts this processor.

Wirex has been offering cryptocurrency card services since 2014 and has been working on expanding its services around the world. By collaborating with Visa, Wirex seeks to make cryptocurrency more accessible to a wider audience and enable its users to get the most out of their crypto.

The collaboration will allow users of the platform to exchange and spend their cryptocurrencies easily and quickly, which will be a great advantage for those looking to use their cryptocurrencies in their daily lives.

In addition, users will also have access to a wide range of tools and features, such as the ability to make payments online and in physical stores, and the ability to withdraw cash at ATMs that accept Visa.

K. Tovar

Source: Diariobitcoin

(Reference image source: file)

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La entrada Visa and Wirex expand availability of cryptocurrency cards apareció primero en Bitfinance.

By 2023, the Spanish business group Mobius Group will focus on its “internationalization”, especially towards Europe and Latin America, and also on the consolidation of its technological proposal, which, according to what it has indicated, is already used by different ‘renting’ companies, rent a car, insurers and companies with corporate fleets.

“The support of Ardian (the private equity firm) has facilitated our ability to innovate and extend our technological DNA to our clients. It has been a year in which Mobius has received several awards for its technological solutions, and we have confirmed the interest of the market European and Latin American, to which we are headed in 2023″, highlighted the president of Mobius Group, José Piñera.

In addition, he stressed that the company’s growth has been “sustained and sustainable” in “particularly difficult” years and of constant change.

“The business group has made an important commitment to the insurance sector. Its experience in the digitization of processes has been applied to various professional management platforms, both auto and home. Through Wolly, it participates in the digitization of rejections and home claims for top-tier insurance companies. In 2022, it took a new step with the digital transformation of its GarantiPLUS brand, which is positioned as the first ‘insurtech’ of mechanical guarantees”, detailed Mobius Group.

In 2022, the group’s workforce numbered around 260 people between its offices in Madrid and Zaragoza and the teams resolved around 800,000 repair files, “generating 17 % more business for the wide network of collaborating workshops, spare parts suppliers, household professionals and other essential collaborators in Mobius Group operations.”

Source: dpa

(Reference image source: Javier Arcenillas / Europa Press)

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La entrada Spanish Mobius Group targets Europe and Latin America apareció primero en Bitfinance.

Global ATM installations fell steadily so far in 2022, registering the lowest number in May with 205 new equipment, which is equivalent to a drop of around 89.75% in the month, a figure that was not seen since 2019. However, so far in June there has been a slight recovery.

One of the factors that impacted the slowdown in ATM installations globally highlights “China’s imposition of a blanket on cryptocurrency trading and mining.”

According to the Coin ATM Radar measurement scale, which is based on the data collected in the last two months, the daily average of ATM installations in the world is equivalent to 23 pieces of equipment and there are currently “38,000 operating ATMs installed.” across the globe.

These equipments fulfill a “crucial” function for the economy of the cryptographic system because it facilitates the exchange of fiduciary currencies to digital currencies and vice versa for both users and investors.

 2021 year of maximum growth for ATMs

Since 2020, cryptocurrency ATM installations have registered a constant growth driven by a favorable regulatory context and an expansion of the cryptographic market worldwide, where different cryptocurrencies reached their historical superlative value.

Cryptocurrency ATM installations peaked in 2021, with 1,971 ATMs installed in December of that year alone. The United States is the country with 33,403 ATMs installed, which is equivalent to 87.9% of the total network of cryptocurrency ATMs.

The leading manufacturers in the market are: Genesis Coin with 40.9% of the market share, followed by General Bytes with 21.6%. The third place is occupied by BitAccess with 16.1% of the market, followed by Coinsource with 5.4% and Bitstop with 4.8%, closing the first five places in the market.

A highly important variable that drove the growth of cryptocurrency ATM installations was El Salvador’s decision to assume bitcoin as its legal tender in its territory.

M. Rodríguez

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Source: cryptocity.press

La entrada Cryptocurrency ATM Installation Down 90% apareció primero en Bitfinance.