Banco Santander has had a fruitful and successful relationship with the Family Business for many years.is based on mutual trust and respect. A special relationship with both the Family Business Institute and Alicante state’s Family Business Association and other regional associations as well as many of their members who rely on Banco Santander as a strategic financial partner.
This family business and Banco Santander share the same values and the same goal: the advancement of people, companies and society in general.
The increasing importance of such companies in the world, both economically and socially, means they become authentic engines in many industriesdemonstrates a high degree of innovation and commitment, as well as a high capacity for job creation and wealth creation.
we are aware of this family businesses have had tough times these years and some continue to struggle to keep the business going. However, although we live in moments of great uncertainty, there are positive factors that invite us to be optimistic about the future. And, of course, family businesses are required to play a relevant role in jointly building this future.
Inside Santander Bank We are dedicated to companies from all productive sectors of the economy. We have set ourselves the goal of ensuring that everyone has the best access to European funds. That’s why we’ve been helping them for a long time with a platform that provides information and personalized advice on project calls to these funds.
Even taking into account certain risks, we maintain our positive view of the economy and employment outlook. For this reason, it is very important for companies to have good knowledge in order for the aid to reach the productive tissue as soon as possible and to accelerate the implementation as we all hope.
For this to happen, We will continue to support our companies that continue to experience challenges and seize growth opportunities. The €475 million ICO financing provided last year is an example of our support, which means being the leader in ICO lending in Spain with a 37% share in 2022. Or the 3,250m euros Santander financed the international trade of companies in the Valencian Community last year, 29% more than the previous year.
And one important thing: banks are in a very solid position to support this recovery. Banks’ solvency and liquidity have greatly improved since the financial crisis. As we always do, we can and will continue to help companies and families overcome this situation as part of the solution.