Nathan Bostock, Santander UK's CEO visited the University of Nottingham yesterday to meet the Vice-Chancellor, Professor Sir David Greenaway, and to sign a new three year renewal agreement and further financial support for the leading UK academic institution.
The University of Nottingham has strong links with Santander after signing a partnership agreement in 2008 with the bank’s Santander Universities division. During a signing ceremony in the Ingenuity Centre, Nathan Bostock confirmed additional funding for the University to bring the total to over £1.3m.
In addition to the meeting with Professor Sir David Greenaway, Mr Bostock also met with Professor Todd Landman, Pro Vice-Chancellor, Faculty of Social Sciences, as well as staff and students who have benefitted from the partnership, over the last eight years.
The bank offers funding for internships with local SMEs, helping the employability of young people whilst providing local businesses with access to young talent. Santander also supports entrepreneurial activities including the University’s Ingenuity Lab and participates in fundraising activities on campus.
Nathan Bostock said: “Santander is committed to supporting higher education as well as local communities across the UK. The partnership with the University of Nottingham is a brilliant example of how two very different institutions can work together. It’s been great to meet students and staff, and see first-hand the real impact of our joint programmes.”
One of the University of Nottingham’s key priorities is to offer students an international experience. The University opened a Malaysian campus in 2000, the first UK University with an overseas campus, followed by one in China in 2004. Santander supports this ambition through providing mobility grants, as well as a newly launched Widening Participation fund to help students from disadvantaged backgrounds to study, undertake research or work in a foreign country. The fund aims to help tackle the barriers, both social and economic, that still prevent too many people from fulfilling their educational potential.
Vice-Chancellor, Professor Sir David Greenaway said: “Santander’s philanthropy continues to support one of the University’s key aims: widening access and participation as well as an international experience. I was delighted to welcome Nathan Bostock and his colleagues from Santander here to celebrate the signing of our new three-year partnership, and to meet with students benefiting from our joint schemes.”
Santander, through its Santander Universities division, maintains partnerships with over 1,200 academic institutions in 22 countries. Santander Universities was introduced in the UK in 2007 and the bank is already collaborating with 81 British Universities and Higher Education Institutions, donating over £50m with agreements focused on promoting international exchange, entrepreneurial activities and the mobility of students and researchers within the network.
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Notes to Editors
Santander, through Santander Universities, tops the list of Fortune 500 in investment in education (Source: Varkey Report/UNESCO). The Bank has established partnerships with over 1,200 universities in 22 countries, of which 81 are in the UK. Through these agreements Santander promotes entrepreneurship, employability and internationalisation. For further information please visit: www.santander.co.uk/uk/santander-universities
Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. As at 30 June 2016, the bank serves around 14 million active customers with c. 20,000 employees and operates through 841 branches (which includes 58 university branches) and 69 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.
Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, based in Spain, with a meaningful market share in 10 core countries in Europe and the Americas. Santander is among the world’s top banks by market capitalization. Founded in 1857, Santander had EUR 1.52 trillion in managed funds, 12,500 branches and 190,000 employees at the close of June 2016. In the first half of 2016, Santander made underlying profit of EUR 3,280 million.
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