Santander Bank has approved the donation of 2 million euros for ““help those affected by the floods caused by Dana that have especially affected the Valencian Community and other municipalities in Castilla-La Mancha and Andalusia,” as reported on the entity’s website. The bank has also decided to match the solidarity donations made by its employees.
In addition to these donations, it has adopted a series of relief measures to alleviate the effects of floods. Thus, Santander points out that “It is made available to public administrations through the AEB to coordinate a financial aid package and lines of credit under preferential conditions that help affected entrepreneurs and self-employed workers to rebuild their businesses.”
Likewise, it has agreed support measures for employees in the affected areas; eliminates ATM fees for non-customers in the province of Valencia and will not charge Santander card users for withdrawing money from other entities. It also exempts businesses in the affected areas from the fixed costs of POS terminals for two months.
The bank has also reported that since its application, and in just five days, there have been raised almost 10 million euros to help NGOs and volunteers acting on the ground these days.