EUR 1 million in funds and benefits for the 20 new entrepreneurships to contribute the best solution to the problems that we, as a community, are facing in the new paradigm post covid-19.
Santander is mobilising €100 million worldwide to fund initiatives to combat the coronavirus. The funds are being used throughout Santander’s home markets to buy medical equipment and support research into the virus through collaboration with universities and other bodies. The Together Solidarity Fund, which was set up by the Group on 23 March with €25 million, has now reached €54 million thanks to donations from the Group subsidiaries, employees across all the countries in which it operates and contributions from third parties.
The facility will be payable within up to 36 months, with six months' grace period, interest rate equivalent to the CDI and zero spread.
These new measures aim to reduce the risk for the most vulnerable members of the community and encourage fewer people to go out into the streets during the quarantine period.
Bradesco, Itaú and Santander have committed to importing and donating to the Brazilian health ministry five million rapid tests, as well as tomographs and respirators.
Santander Brazil is offering special conditions in financial solutions to help Brazilian entrepreneurs breathe easier.
Bank is extending 10% of the credit limit of all adimplent clients and anticipated for April or the total payment of 13th salaries for all operations.
Aumenta el límite de las tarjetas de crédito para todos los clientes en un 10% y adelantará a abril el pago total del 13º salario de todos los empleados.