Promedico placed $153.460 million in credits in 2025

At its XVII Ordinary Assembly of Delegates, Promedico presented 2025 results showing an 18% increase in credits placed and the addition of 1,982 new medical associates, the highest in its recent history. The entity reported total assets of $640.522 million and equity of $55.617 million.

Promedico, Colombia's second-largest employee fund by assets, shared its 2025 achievements at its annual assembly. The fund added 1,982 new medical associates, driven by strategies supporting professional training and a solidary model for doctors and their families.

Financially, total assets reached $640.522 million, up 8.5% year-over-year, while equity grew 6.2% to $55.617 million. The credit portfolio hit $362.006 million, spread across 7,653 loans benefiting 4,759 associates, with a delinquency rate of 1.48%, among the sector's lowest.

In 2025, $153.460 million in credits were placed, an 18% increase from 2024, enabling 2,623 doctors to finance personal and family projects. The investment portfolio rose to $235.697 million to diversify income sources.

"This growth shows that the solidary model remains an effective response for Colombia's medical guild. It is the result of responsible management and strategic decisions prioritizing our associates' well-being and long-term sustainability, even in a challenging economic environment," said Emilce Arévalo García, the fund's manager.

Surpluses of $6.735 million were generated, allocated to social and mutual funds. Metrics including a 13% net margin, 12.27% solidity, and 146% IRL indicate stability. About 70% of income, or $49.116 million, was returned as yields and welfare activities, aiding 23,589 associates in educational and cultural programs. The fund joined 263 academic events, and over 2,600 professionals participated in the Miércoles Médico program.

New categories like Senior Associate and Platinum Associate were introduced to honor long-term members. Looking ahead, Promedico aims to expand nationwide, pursue digital transformation via Solidary Savings Account, Bre-B instant payments, and credit process optimization.

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Chilean health insurers celebrating $34 billion profits in 2026
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ISAPRES report joint profits of $34 billion in first quarter

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Chilean health insurers closed the first quarter of 2026 with joint profits of $34.092 billion, reversing the $273 million loss from the same period in 2025. The 23% reduction in medical leave subsidy payments largely explains the positive result.

The Superintendencia Financiera reported that Colombian banks accumulated 6.9 trillion pesos in profits by the end of May, a 44 percent increase from the same period in 2025. Bancolombia led with 3.1 trillion pesos in earnings.

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Félix León Martínez, director of ADRES, announced a $2 trillion addition to the 2026 health budget during the 'ADRES en las regiones' meeting. Sector resources rose from $100 trillion to $115 trillion over the past year.

Following Finance Minister Jorge Quiroz's memos sparking controversy over 2027 budget reviews, Chile's Ministry of Social Development and Family (Midesof) announced a 2.24% cut—equivalent to about $36.6 million (CLP 36.6 billion) from its total budget—below the 3% target. The adjustments target inefficiencies while protecting social benefits, as defended by President José Antonio Kast amid backlash.

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The board of Grupo Mutua approved the acquisition of the remaining 55% stake in Seguros del Estado and Seguros de Vida del Estado, securing full ownership of both companies.

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