Bancamiga, one of the most dynamic and innovative financial institutions in the Venezuelan banking system, celebrates its 19th anniversary this Thursday. These nearly two decades have been marked by profound processes of change and growth, all guided by the same purpose: to offer the country innovative products and services that meet the needs of Venezuelans.

“Reaching 19 years with 1,221,000 clients is a direct result of a strategy focused on offering services designed to boost the financial growth of children, teenagers, and adults, as well as entrepreneurs, merchants, and business owners, regardless of their location. This strategy achieved $26.963 billion in transaction volume in 2025,” stated José Simón Elarba, Chairman of the Board of Directors of Bancamiga.

Since its inception, Bancamiga has been a tireless advocate for financial inclusion. Its portfolio has set the standard in the market with solutions that are now commonplace for millions, such as Interbank Mobile Payments, foreign currency account management, and the introduction of contactless point-of-sale terminals, according to a statement from the bank.

One of its flagship products, the Bancamiga Mastercard Debit Card, has transformed the consumer experience by allowing payments in both bolivars and foreign currency, while also facilitating access to streaming platforms and international e-commerce purchases. This offering is complemented by Bancamiga Suite, a mobile application that has evolved to offer practical, functional, and, above all, secure operation through tools such as the Virtual Lock and ID Check.

The value of human capital and trust

For José Simón Elarba, the success of these 19 years lies in the synergy between customer trust and the dedication of a team of 1,351 people, 73 % of whom are women, all committed daily to providing solutions that improve the quality of life for society.

Following this strategy, Bancamiga has installed more than 203,000 modern point-of-sale terminals, which, in addition to providing the basic transaction function, allow users to pay and top up phone and TV services, validate lottery tickets, and play the lottery. This has made Bancamiga the second bank in the financial system with the largest presence of terminals in the national market.

These POS terminals, developed in partnership with Soluciones Integrales Tecnológicas (SITCA), are wireless, Global Band compatible, and feature Wi-Fi, a touchscreen, and allow for electronic, secure, and immediate cashback payments to customers.

There are already 51 Bancamiga branches

In a challenging digital environment, security is the cornerstone of Bancamiga’s innovation. After four years of rigorous work, the institution became the first bank in Venezuela to obtain PCI DSS certification version 4.0, the most demanding global standard for payment card data protection.

This certification confirms that Bancamiga’s processes comply with the strictest international security standards, guaranteeing confidentiality and professionalism in the handling of its users’ sensitive data.

As part of its expansion, Bancamiga opened its 51st branch this year in San Felipe, Yaracuy state, adding another physical service point to its network, which also includes nine non-bank correspondents, one affiliated branch (Viva Supercentro Hypermarket), three external branches (Plumrose, Corpoelec Maracaibo, and the José Antonio Páez University in San Diego, Carabobo state), and the Bancamiga Mobile unit, which in almost three years of operation has traveled more than 40,000 kilometers and is a key element in expanding banking services and reaching a wider audience.

In these 19 years, Bancamiga has not only grown as a bank but has also forged a deep bond with Venezuela through its unwavering commitment to sustainable development. Their Corporate Social Responsibility programs have focused on health, education, the environment, and culture, with training as the driving force behind positive and lasting change in our communities. In 2025 alone, Bancamiga supported 4,061 entrepreneurs with training programs that opened doors for them and transformed their dreams into realities.

“But our true engine of growth has been our human talent, a committed team full of passion for Venezuela. That is, without a doubt, the heart behind our achievements, transforming challenges into opportunities,” concluded José Simón Elarba.

With information and reference images provided by Bancamiga Banco Universal

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The second stop of the Runners Challenge arrives this Sunday with the 24th edition of the Gatorade Caracas Rock 10K, which will serve as a platform for Bancamiga to showcase its innovative financial products and services.

For the Executive Director of Marketing, Products and Services, Alberto Camardiel, Caracas Rock is much more than a sporting event, “It is a demonstration of effort, discipline and passion that reflects the values ​​we promote daily at our institution.”

Race packet pick-up with Bancamiga

“Supporting this race is a demonstration of our commitment to the well-being, health and overall development of our community,” he said.

During the race packet pick-up on Friday, from 11:00 a.m. to 6:00 p.m., and on Saturday from 10:00 a.m. to 3:00 p.m., runners, their families and visitors to the Líder Shopping Center in La California will have the opportunity to open accounts in bolivars and foreign currency, purchase products at the sales points and receive the Bancamiga Mastercard Debit Card. On Sunday, those interested can also visit the Bancamiga Mobile Unit, which will be parked near Alfredo Sadel Plaza in Las Mercedes.

For Bancamiga, promoting meaningful and inspiring activities is essential, which is why they will have a booth at the event to collect gently used running shoes. During the first stop of the Runners Challenge, the 15K race organized by Hipereventos, this initiative made it possible for 12 runners from Caracas and other parts of the country to receive a pair of running shoes for their training and competitions.

Entertainment with Sinzelle Band

To celebrate with all those who cross the finish line on October 5th, Bancamiga will offer a 10% discount at Poke Pok and a 15 % discount at Mémé when you present your race medal on Sunday or Monday. ​​They will also offer a 20 % discount at the Iuventus Center, a professional aesthetic and treatment center, when paying with a Bancamiga card.

Among the participants in this edition will be members of the Bancamiga running club, who, under the guidance of Hilenia Andrades, have been training with discipline and enthusiasm. Twenty employees who won their registration through an internal raffle will also be on the starting line, along with three other runners who won their spots through a social media contest.

During the race, Bancamiga will have an entertainment station, and along with the band Sinzelle, they will provide energy and support to the 12,000 runners who will be giving their all on the course.

“Promoting sporting events like this is a way for Bancamiga to inspire others to achieve their goals with perseverance and commitment, while also fostering talent and a competitive spirit.”

“We firmly believe in the transformative power of sports to strengthen social bonds, promote active lifestyles, and empower generations who constantly strive to improve themselves,” stated Camardiel.

(Information and images provided by Bancamiga Banco Universal)

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