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SANTANDER TO COLLABORATE WITH INDYCUBE TO ENHANCE SUPPORT FOR WELSH SMES

Santander Corporate & Commercial has enhanced its support for SMEs in Wales by collaborating with Indycube and Indycube Ventures, a coworking company.

Santander Corporate & Commercial managers will use Indycube’s network of 18 sites in order to demonstrate their presence and build long-lasting relationships with business customers across Wales.

Santander will also offer further tailored support via its Breakthrough proposition to Indycube Venture businesses.

Breakthrough includes activities such as trade missions and masterclasses, which help SMEs of all sizes that aspire to grow. Businesses have the chance to visit other successful companies, learn from leading entrepreneurs and benefit from Santander’s networks.

Paul Brooks, Santander Business Development Director for Wales, said: “We are committed to helping businesses in Wales achieve their growth ambitions. Working with Indycube Ventures will help us deliver this and demonstrate our aim to be part of the local business community.

David Hulston, Investment Director of Indycube Ventures, said: “Indycube Ventures seeks to identify the best entrepreneurial companies in Wales and help them achieve their full potential. This is exactly what Santander is doing with the Breakthrough programme. Together we will assist the best Welsh start-ups develop and grow.”

Mark Hooper, Founder of Indycube, said, “We are excited to be working with Santander. We recognise that their aim of being part of the local business community is similar to ours and we welcome them to the Indycube community.”

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Notes to Editors

Santander UK is a leading financial services provider in the UK and offers a wide range of personal and commercial financial products and services. As at 31 December 2014, Santander UK serves more than 14 million active customers with c. 20,000 employees and operates through 921 branches and 66 regional Corporate Business Centres. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

About Us

Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, based in Spain, with a presence in 10 main markets. Santander is the largest bank in the euro zone by market capitalization. Founded in 1857, Santander had EUR 1.43 trillion in managed funds, 12,950 branches – more than any other international bank – and 185,400 employees at the close of 2014. It is the largest financial group in Spain and Latin America. It also has significant positions in the United Kingdom, Portugal, Germany, Poland and the northeast United States. In 2014 Santander made an attributable profit of EUR 5,816 million, 39% more than the previous year.

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