Over 300 secondary school students from various schools in Salamanca will take part in the seminars at the Faculty of Economics and Business.
Madrid, 12 November 2021.
The University of Salamanca and Banco Santander are holding the 4th edition of Financial Education Seminars under the Finance for Mortals programme, promoted by the bank together with the UCEIF Foundation and the Santander Financial Institute (SANFI); these seminars are also supported by the city council.
Over 300 Salamanca secondary school students from various schools in Salamanca will converge on the University’s Faculty of Economics and Business today to gain an understanding of basic financial concepts, learn how to manage their finances and discover the key aspects of the most common financial products.
They will learn about financial literacy from volunteer trainers from Banco Santander, who will include the Bank’s Castile and Leon regional director, Javier Martín Clavo, and the area manager, Emma Quintela.
The regional director, Javier Martín Clavo, stated that this seminar “is yet another example of Santander’s commitment to financial education and inclusion through an initiative, Finance for Mortals, that in 2020 alone provided financial education to over 65,000 people from the most financially vulnerable groups to help them take better decisions on managing their money, thus contributing to the security and protection of their finances”. He also recalled that the bank has been collaborating with the Castile and Leon regional government’s Education Department since 2017 in its strong commitment to improve the economic and financial education of its citizens.
In turn, the dean of the Faculty of Economics and Business, Jesús Galende del Canto, highlighted the importance of the economy and finance in the current situation, as well as the “need for financial education from an early age to promote the holistic development of the individual, on the one hand, and, on the other, to lay the foundations for a social and economic development that is sustainable over time and compatible with all the challenges we face today”. Moreover, if they decide to study for any of the qualifications offered by the Faculty of Economics and Business, they will have the opportunity to discover a wide range of activities that will improve their financial training. You may follow us at: https://facultadeconomiayempresa.usal.es/actividades/ and on social media.
Finance for Mortals
In Spain, as well as backing the Spanish Banking Association’s ‘Your Finance, Your Future’ initiative, and the ‘Financial Education in the Schools of Catalonia’ programme (EFEC), Santander has been promoting the ‘Finance for Mortals’ (FxM) programme for 10 years, in collaboration with the UCEIF foundation and SANFI.
The programme, recognised by the Bank of Spain and the National Securities Market Commission (CNMV) as one of the most important financial education programmes in the country, is delivered by Santander’s volunteer employees. Its online training and digital content have been enhanced in the last year and a half through its website, www.finanzasparamortales.es, whose educational content received over half a million visits and queries last year. Moreover, in the first half of 2021 alone, over 2,600 people from financially vulnerable groups benefited from the 314 training sessions it provided.