Banco Santander is participating in Global Money Week to promote financial education among young people
The Bank is collaborating in this OECD initiative with a lot more than 80 actions across Spain through the Finance for Mortals programme, in collaboration with the Santander Money Institute (SANFI).
From 20 to 26 March, educational centres, NGOs and associations with a specific concentration to financially vulnerable groups will get academic fiscal classes, thanks to volunteer trainers from Santander.
Finance for Mortals is recognised by the Bank of Spain and the Countrywide Securities Current market Commission (CNMV) as a person of the country’s most significant programmes in money schooling.
Madrid, 16 March 2023.
From Monday until 26 March, Banco Santander will be taking part in World Money 7 days (GMW), which the OECD encourages close to the environment, and which, this calendar year, bears the slogan: ‘Approach your dollars, strategy your long term‘.The aim of GMW is to raise consciousness of the relevance of basic schooling in finance and to ensure that youthful individuals from an early age attain the understanding and important abilities to make sound economic conclusions throughout their everyday living.
To this conclude, the Bank, in collaboration with the Santander Money Institute (SANFI), has organized a broad programme with extra than 80 financial training classes, multimedia articles on particular and sustainable funds, and a competition to check the primary fiscal understanding of its contributors: the ‘FxM Sustainable Challenge’. They will realize this by means of the Finance for Mortals, programme, pushed by Santander in Spain for in excess of 10 decades to foster financial inclusion and culture in society, primarily among the all those teams that are most susceptible.
The training sessions will deal with subjects these as sustainability in finance, studying to handle your finances, techniques to conserve money, cybersecurity, digital banking, getting self utilized and becoming clever when it comes to borrowing. There will be other functions on leading of this, such as a stop by to Santander’s historical archive (Archivo Histórico Banco Santander) by younger students undergoing vocational instruction a dwell webinar, ‘Committed to sustainable finances,’ hosted by Marta Aisa, head of Liable Banking at Santander Spain and a economical training session on cryptoassets for university pupils, led by Coty de Monteverde, head of Crypto & Blockchain at Banco Santander.
What’s more, starting from Friday, 17 March, and about the system of World-wide Money 7 days, we’ll see the start of the ‘FxM Sustainability Challenge‘ for all individuals who would like to examination their level of information on sustainable funds and want to enter a prize draw for an electrical scooter.
Banco Santander carries on to get behind money inclusion beneath its Accountable Banking agenda and as for each its determination to the Sustainable Development Objectives established by the United Nations to be accomplished by 2030.
Its goal is to financially empower 15 million individuals throughout the world concerning 2019 and 2025 by means of 3 critical lines of motion: serving to men and women with no prior banking experience to access simple economic solutions, giving unique solutions personalized to folks or SMEs with low income or suffering from money hardship, and fostering and driving monetary education. In just 4 many years, 2019–2022, the Bank has accomplished the inclusion of 11.8 million individuals.
In Spain, Santander has served just about 120,000 persons access and use basic money solutions through income payment and expert services platforms in communities with reduced-density populations, and has delivered monetary education to far more than 82,500 people today.
UCEIF Basis and SANFI
The University of Cantabria Basis for the Review and Study of the Monetary Sector (UCEIF) (www.fundacion-uceif.org), was produced in 2006 as a collaboration concerning the College of Cantabria and Banco Santander, through its office, Santander Universities (www.santander.com/universities), with the aim of getting a national and global benchmark for the generation and transmission of monetary knowledge.
Santander Economic Institute (SANFI) was established in 2012 as a foundation for the UCEIF Foundation. The Instituto Universitario en Banca y Finanzas (University Institute of Banking and Funds) was established 2021, and operates by schooling studying and transferring knowledge in the economical sector, its objective becoming to be an global chief in this discipline.
