Santander recognised as Bank of the Year for Financial Inclusion by The Banker magazine

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  • Santander recognised as Bank of the Year for Financial Inclusion by The Banker magazine
Goal 3 - Good health and well-being
Goal 4 - Quality eduaction
Goal 8 - Decent work and economic growth
Goal 9 - Industry, innovation and infractructure
Goal 11 - Sustainable cities and communities

Santander Group has been named ‘Bank of the Year’ for Financial Inclusion by The Banker magazine, which recognised the bank’s proactive efforts to ensure a responsible and sustainable path to growth and serving financially excluded communities and small businesses on a large scale with its ‘Finance for All’ initiative that supports digitalisation and financial education.

The Banker has also named Santander Argentina as Bank of the Year in that country.

Santander Group has a commitment to financially empower 10 million people between 2019 and 2025 through multiple microfinance activities, financial education programmes and other tools that give access to financial services. One such tool is Superdigital, a 100% digital platform developed using Santander proprietary technology for financial inclusion in Brazil, Mexico, Chile, Argentina, Uruguay, Peru and Colombia. This mobile platform enables the unbanked and underserved to access financial services and products, make cash deposits, withdrawals and payments, and apply for a loan.

The Banker has also acknowledged Santander’s tailored solutions to people with less access to credit, as we also aim to foster social mobility by helping low-income and underbanked entrepreneurs set up and grow their businesses through microfinance programmes in eight countries in Latin America.

Additionally, the Bank carries out a range of educational projects to raise awareness and knowledge of finance and the economy.  They help diverse groups in society to better understand the financial market and make more informed decisions. In 2021 alone, 1.3 million people had access to financial education initiatives promoted by Santander.

The Banker highlights programmes tailored to local needs such as Finansiaki in Poland, which teaches children the basics of saving money and entrepreneurship and Sanodelucas in Chile, an online education platform that has benefited more than a million individuals since 2019.