The money raised went to Cáritas, COAS, the Argentine Red Cross and the Seamos Uno initiative.
The Bank doubled the amount donated by its employees and matched the amount received from customers.
Buenos Aires, 7 May 2020.
Santander customers and employees have donated over 12 million pesos to various organisations as part of the initiatives rolled out to combat the coronavirus. Santander then matched the donation received from its customers and doubled the donation received from its employee to clear the target of $10 million. This brings the total raised so far under this initiative to over $22 million.
The funds raised were donated to purchase hospital equipment, carry out checks, provide further aid to the at-risk population and deliver health kits and food to the most vulnerable communities. The funds went to COAS, Cáritas, the Argentine Red Cross and the Seamos Uno initiative, among other organisations.
Santander also included an option in its "SuperClub Comprometidos" points programme whereby customers can use their points as a donation. Anyone looking to make further donations or provide support can find the details of these NGOs at www.santander.com.ar.
Since the onset of the pandemic, Santander has donated over $80 million to these NGOs and various universities in a bid to mitigate the impact of the crisis and help people in need. It has also set up a community website with useful information and resources on how to cope with covid-19 (available at ar.estolosuperamosjuntos.com).
Along similar lines, Zurich Santander Argentina, with the support of the Z Zurich Foundation, announced the donation of over $12 million to the Somos Uno initiative and roughly $10 million to Hospital de Clínicas, which will be used to purchase a genset.
About Santander Argentina
Santander Argentina is the largest private bank in Argentina’s financial system in terms of both savings (deposits plus common funds) and lending volume. It has 430 traditional branches, eight social integration branches, five digital branches, three Work Cafés, over 3.7 million customers (including 2.2 million digital customers, more than 320,000 microbusinesses and small- and medium-sized enterprises and 1,300 large companies) and upwards of 8,300 employees. It operates in 22 provinces across the country and in the city of Buenos Aires. Santander
Argentina is developing an extensive responsible banking programme that focuses on higher education. Through Santander Universities, it has over 86 collaboration agreements in place with public and private universities across the country.