Under the leadership of Dr. José Simón Elarba, Chairman of the Board, Bancamiga is consolidating its growth. The institution ranks fifth in terms of equity among private banks during this period. This result translates to a value of Bs. 45,487 million (equivalent to USD 108 million).

In terms of market share related to equity, Bancamiga obtained 3.32 % of the total Venezuelan Banking System and 6.92 % in the private banking sector, representing significant year-on-year growth of 1.50 and 2.49 percentage points, respectively.

Larger asset volume

Bancamiga’s total assets at the end of February amounted to 172.725 billion bolivars, equivalent to 412 million dollars, representing a year-on-year increase of 711.84 %, positioning the institution as the fourth with the highest percentage growth among large banks.

In this indicator, Bancamiga achieved an average monthly growth of 18.44 %, surpassing the average for the financial system (17.25 %). These results strengthen Bancamiga’s position as the seventh-largest bank in the country in terms of asset volume.

This allowed Bancamiga to achieve a 7.30 % market share in the private banking sector and a 3.45 % share in the national banking system by February 2026, representing a year-on-year loss of 0.01 percentage points and, conversely, a gain of 0.40 percentage points, respectively.

Loan portfolio on the rise

Regarding its loan portfolio, Bancamiga reached 67,293 million bolivars, equivalent to 160 million dollars, representing a year-on-year growth of 884.51 %. It was the second institution with the largest relative increase within the large banking sector.

In addition, it achieved an average monthly growth of 20.46 %, surpassing the 19.21 % and 19.79 % growth of the financial system and the private sector, respectively.

These results solidify Bancamiga’s position as the sixth-largest bank in the country in terms of loan portfolio, allowing it to reach a 7.40 % market share in the private banking sector and a 5.06% market share in the Venezuelan banking system by February 2026.

Business volume and transactions

Its capacity to innovate, proactively serve and manage clients, along with its ability to transform challenges into growth opportunities, has made Bancamiga one of the most important financial institutions in the country.

Business volume registered a 26.45 % growth in 2025, reaching USD 26.963 billion, an annual increase of USD 5.641 billion compared to 2024.

This accelerated growth rate is the result of a greater number of products offered, a consolidated client base, and an increase in transaction volume.

In this last indicator, Bancamiga reached 1,061,525,342 transactions by the end of December 2025, reflecting a solid and accelerated expansion dynamic and consolidating transaction volume as a key indicator of operational performance.

With information and image for reference only from Bancamiga Banco Universal

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The first half of 2025 closes for Bancamiga with exceptional performance and strong leadership, which enabled it to achieve 192.58 % growth in its gross loan portfolio, 127.87 % growth in its total deposits, and 354.23 % growth in its financial revenues.

These results are driven by the vision of being the best and largest private bank in the country, recognized for its digital platform and financial strength, offering a unique experience that blends service quality with the efficiency of the banking sector of the future.

The increase in its loan portfolio positions Bancamiga as the sixth-largest banking institution in the country in this important indicator, achieving a 6.16% market share in the Venezuelan Banking System (SBV) and 9.39 % in the private sector. Year-over-year, it has the highest growth, with 544.78 % in the large sector.

This was a semester in which the quality of its loan portfolio also stands out. Its late payment rate of just 1.30 % was lower than the SBV average.

With these loan portfolio figures, Bancamiga reaffirms its commitment to driving growth for its personal and legal clients with innovative products and services that meet their needs and expectations.

Top 3 in foreign currency deposits

In these first six months of the year, Bancamiga reached one million customers, continued to offer friendly and secure financial solutions, and its Mobile Bancamiga celebrated its second anniversary across the country to reach more Venezuelans and support them on their path to financial inclusion.

This daily effort by more than 1,000 employees across the country enabled total deposits to increase by 127.87 % compared to December 2024, placing Bancamiga as the institution with the highest relative growth in the large stratum.

Year-on-year, deposits from the public experienced a 253.91 % increase, allowing Bancamiga to achieve a 5.45 % market share, ranking sixth in the national ranking and above the annual variation reflected by the SBV and private banks.

Among the range of deposits from the public, foreign currency stands out, a sector where Bancamiga ranks among the top three private banks, with an absorption rate of 13.08 % and 7.54 % of the Venezuelan Banking System.

In June alone, Bancamiga ranked as the bank with the highest proportion of deposits in foreign currency, with 53.01 %. In annual terms, it absorbed 0.85 percentage points of private banking and 0.57 of the SBV.

Increasing financial revenue

To be one of the country’s leading financial institutions in such a competitive market, it is essential to shine. This must be achieved with products that set the pace, as Bancamiga does with its Debit Mastercard, which, supported by contactless technology, allows customers to make online purchases, subscribe to streaming platforms, pay at national and international points of sale, and withdraw from ATMs abroad. The bank explains in a statement.

This also includes innovations such as the tokenization of its cards in its versatile Bancamiga Suite app, which allows for mobile purchases. It also includes its nearly 200,000 modern points of sale across the country, which allow users to pay for and recharge telephone and television services, play the lottery, and stamp their 5y6 cards, among other features.

Thus, by shining in this way, Bancamiga managed to record a semiannual increase in its financial income of 354.23 %, a figure that clearly surpassed the 280.48 % of the SBV, and positioned itself among the top four private banks and the top five in the SBV, with a market share of 10.20 % and 6.53 %, respectively.

This performance supports and consolidates Bancamiga as one of the leading institutions in the Venezuelan financial system, with a semiannual increase of 2,345.27 % in bolivars and 964% in dollars, the highest relative growth in the system in both currencies.

With these results, Bancamiga climbs two positions in terms of profitability, ranking eighth nationwide in June 2025. Year-on-year, the cumulative growth was 1,636.96 %. And to highlight its efficiency and operational solidity, it is worth noting that it posted a return on equity (ROE) of 32.38 % and a return on assets (ROA) of 4.53 %.

There is no doubt that in this first half of 2025, Bancamiga reaffirmed its position as a cutting-edge banking institution, a pioneer in products and services, committed to a smarter, more sustainable future, and which, with its financial solutions, seeks to improve the quality of life of Venezuelan society every day.

With information and reference images provided by Bancamiga Banco Universal

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This Tuesday, June 25, the technology company Google eliminated continuous scrolling in searches from its desktop version to resume navigation based on displayed pages.

According to the company, what is sought is greater efficiency and speed in displaying the results, since those that the user has not requested are avoided.

Continuous, or infinite, scrolling will also soon disappear from mobile phones. For the moment, it was removed from the desktop version taking into account survey results in which some users indicated that it was not entirely satisfactory.

According to the specialized portal Xataka, users who still have continuous scrolling activated will soon stop seeing it and the page will “show a pagination bar that will allow us to access a numbered list of results pages.”

M.Pino

With information from international media and social networks

(Reference image source: Firmbee.com in Unsplash)

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President Nayib Bukele of El Salvador declared himself the winner of the country’s presidential election. According to its own figures, it would have obtained more than 85 % of the votes in the preliminary ballot of the Supreme Electoral Tribunal (TSE). Although these results have yet to be ratified in a final ballot with the physical records, Bukele’s advantage over his opponents seems overwhelming.

In his victory speech at the Historic Center of San Salvador, Bukele declared: “We have won the presidency of the Republic for the second time with more than 85% of the votes.” The New Ideas (NI) party, led by Bukele, is in the lead, while the Farabundo Martí Front for National Liberation (FMLN, left) received 110,244 votes and the Nationalist Republican Alliance (Arena, right) received 96,700 votes.

However, the judge of the TSE, William Wellman, warned that the results presented by Bukele are not official. According to Wellman, “we are the ones who give the official results” and “what is said outside of here is not official until we affirm it”.

If the figures are confirmed, Bukele would become the first president of El Salvador to be re-elected, despite the constitutional prohibition. His victory is based on his focus on security, which included the detention of more than 75,000 Salvadorans without charges, which resulted in a significant decrease in homicide rates in the country.

Although some analysts question the long-term sustainability of this strategy, Bukele garnered massive support from voters seeking a solution to the violence and insecurity in El Salvador.

K. Tovar

Source: UniónRadio

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Venemergencia’s Urgent Care, the first emergency room in the country, inaugurated in August 2023, celebrates its first 100 days of 24-hour operation, generating value for its patients, affiliated insurers and the health system in general.

In its first 100 days of operation, it has managed to effectively resolve 88% of the cases it treats, which means that patients have been discharged without the need to go to another health center, with a satisfaction level of 96%. of its users, indicating that they would recommend this emergency room to family and friends. Likewise, the attention time from the moment the patient arrives until they are seen by a doctor is 5 minutes and the maximum stay time is less than 3 hours.

Another fundamental achievement of these first days of operation has been to reduce the cost of care for a medical emergency by 83%, compared to a traditional health center. In this way, we contribute not only to improving the conditions of the insurance sector but also to optimizing the use of insured coverage.

In its first 100 days of operation, Venemergencia Urgent Care has performed more than 12,000 paraclinical studies (laboratory tests, X-rays and ultrasound). The distribution of users by age is: 24% pediatric, 53% adults and 23% older adults. The pathologies treated are distributed as follows: 30% trauma, 15% respiratory infections, 15% urinary, skin and soft tissue infectious processes, 15% viral syndromes, neck or low back pain and other pathologies, 12% abdominal pain, 10% diarrheal syndromes and dehydration, 3% hypertensive crises.

Two new Urgent Care headquarters coming soon: another in Caracas and one in Valencia

Urgent Care is part of the Venemergencia health system and is designed to care for the health of policyholders of the country’s main insurance companies. Its first headquarters is located on the first floor of the Xerox Tower in Bello Campo, in Caracas. They will soon inaugurate the new headquarters of La Candelaria in Caracas and La Viña in Valencia, to continue contributing to the health care of Venezuelans.

“We have demonstrated that Urgent Care, the first emergency room in the country, provides great value in the chain of medical care that we provide to our clients’ users, the

main insurers in the country; generating significant savings that at the same time contribute to the effectiveness of your operation, while expanding access to high-quality medical care for insured people. In these first 100 days of operation, we have also demonstrated that an innovative emergency room is the solution to quickly and effectively care for patients who do not need to go to the emergency room,” said Dr. Andrés Simón González-Silén, partner and co-founder of Venemergencia.

Initiatives like this reaffirm Venemergencia’s commitment to always be present in the care of Venezuelans, providing them with innovative and avant-garde alternatives to address situations that threaten their health.

For more information, you can visit social networks: @venemergencia.

About Venemergencia

Venemergencia is the leading medical assistance platform in Venezuela, dedicated to improving the quality of life of Venezuelans with health services, it is the only one in the country with ISO 9001:2015 certification for its Quality Management System. It is a modern system that operates at a preventive level, offering services focused on providing a primary diagnosis to avoid unnecessary visits to clinics, offering better quality of care for users and reducing operating costs for clients. It has the largest fleet of ambulances, cars and motorcycle ambulances in the country and its services are available 24 hours a day, every day of the year. It is a Venezuelan company, founded by Venezuelan doctors, with private and national capital, specialists in development and implementation of services aimed at solving real needs.

It has more than 19 years of experience in the implementation of innovative business models, positioning itself as leaders in technological innovation, at the service of clients to always be present in the daily lives of Venezuelans.

With information and images from Urgent Care by Venemergencia

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Bancamiga closes 2023 with the satisfaction generated by having achieved the highest levels of efficiency, profitability and growth in our new but solid history. The consolidation of the bank and its sustainable growth placed it – in the last two years – as the fifth financial force in the private banking segment.

These results achieved have been possible with products, services and projects supported by innovation and the commitment of men and women to make the institution one of the most important in the country.

In the last three years, Bancamiga has quintupled the number of clients, multiplied by seven the number of accounts and to date is the private bank with the largest number of sales points placed, by managing to put in the hands of its clients (natural and legal) more than 150,000 units, in alliance with Soluciones Integrales Tecnológica SITCA.

“It has been very significant to close this year with 43 agencies distributed throughout the national territory after inaugurating six new branches during 2023. In two years we have doubled our presence in the country, with an important positioning in western Venezuela, which has “It has been the basis for our growth,” said Ariel Martínez, the executive president of Bancamiga Banco Universal.

Martínez expressed that more than 578 operations, throughout the country, and the entry into operation of the Mobile Unit have been determining factors in this development and in the growing banking use of more Venezuelans. Since its entry into operation on May 18, the mobile unit visited 22 locations, managing to bank 3,734 clients.

The Bancamiga Móvil initiative is a response to the needs of Venezuelans. At this point of business, people have the opportunity to learn about and acquire Bancamiga products and services, including opening accounts with minimum requirements, card changes, the Mastercard Debit Card, the MasterKids card, and financing plans for POS.

Bancamiga registered an increase in total deposits in 2023. The relative growth of the institution was 205.63% in bolivars and 52.43% in dollars. For its part, the credit portfolio reached an annual growth of 280.03%.

Martínez confirmed that “Bancamiga is innovative and disruptive, fundamental pillars to sustain growth. In 2023, our bank became the first institution in Venezuela to present Contactless technology, and it did so with its points of sale and with the Mastercard Debit Card, which allows you to make online purchases and pay at points of sale abroad.”

Bancamiga: Together to build a better country

In 2023, Bancamiga was selected as the second-best financial institution and the sixth-best company to work for in Venezuela. It also managed to be in the top 50 in Latin America, according to Great Place to Work, a world leader in organizational culture, which in November granted Bancamiga its certification for the third consecutive year.

“All this has been achieved in just 16 years of believing, dreaming and working together to build a better country,” he stressed.

To contribute to the sustainable development of Venezuelans, Bancamiga established alliances with public and private companies, and promoted initiatives and programs in the education, culture, environment, social economy and microbusiness sectors.

“In terms of CSR, we achieved more than 2,000 entrepreneurs trained in 100 training activities, 32 inter-institutional alliances to strengthen social responsibility management, among which the United Nations Program, Fundafelices, IESA and, very importantly, the donation to the UCAB with an IBM server that will be used for the training of students, which will allow them to connect with technology, in addition to support in training activities, research projects and support for its Entrepreneurship Center, among many others that are of utmost importance for the growth of our country,” he noted.

For 2024, Bancamiga plans to reaffirm its success and surpass everything achieved during 2023

“We will make this a reality with the launch of new products, offering services tailored to clients, and with the effort, commitment and dedication of our collaborators, who give their best every day to support the growth of the bank and promote all together a better Venezuela.”

With information from Bancamiga Banco Universal

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