2013 Annual Report slide image

2013 Annual Report

BUSINESS PERFORMANCE Santander Universities Santander Universities is a Global Division in the Santander Group with the purpose of supporting initiatives focused on higher education, by establishing partnerships and developing relationships with Santand fit fit Client with a Fit Universitário card universities and their value chain (students, young professionals, professors and staff). Launched in 1996 under the assumption that providing support to higher education is a straightforward, efficient way of contributing with the social and economic development, the initiative has been implemented in 20 countries through a network of agreements with more than 1,070 partner universities, among which are 10 out of the 13 best universities worldwide and the 200 top universities in the Iberian-American regions. Santander Universities has granted more than 100,000 scholarships in the countries where it operates. The Bank estimates global investments for 2011-2015 of R$ 1.4 billion, R$ 255 million of which is set to be allocated to higher education in Brazil. In Brazil, Santander Universities led the Bank to the top position as the most active bank in Higher Education. By the end of 2013, the division had a network of agreements with 450 universities and 325 branches inside the universities with approximately 2 million clients. In addition to the Bank's commercial strategy, in Brazil the effort is guided by the Higher Education Support Plan (the PAES, Plano de Apoio à Educação Superior) with focus on the most common and relevant topics for academia. The plan includes four pillars: Mobility, Innovation and Entrepreneurship, Technology Transfer and Academic Support. Among the main projects developed under these four topics in 2013 are the Santander Universities Awards with more than 16.8 thousand projects enrolled. The awards exceeded R$2 million in awards and international scholarships, plus online courses on entrepreneurship made available to all contenders. G4-EC7 Another initiative that brought about excellent results was the Programa Rio Comunidades, geared to the training and professionalization of people from communities in Rio de Janeiro in areas where the cultural group AfroReggae is a community leader. In 2013, financial education lectures, initiatives to support entrepreneurship, e-learning courses, international scholarships and computer rooms benefited more than 25,000 people. In addition the Programa Amazônia 2020, focused on federal universities in North Brazil, benefited more than 50,000 people since 2010, though international scholarships, seminars and e-learning courses. The goal of the Program is to benefit more than 100,000 people by 2020. G4-EC7 G4-FS16 Private Banking Santander Private Banking is the Bank's unit in charge of servicing individual clients that are worth over R$ 3 million. Its activities contemplate a wide range of financial products, banking services, tax planning and consulting services that provide recommendations on investments and asset allocation. As this segment requires highly customized services, the Bank focuses on a close relationship as a key element in its strategy. To that effect, one of the initiatives is the availability of service offices in which the client enjoys the privacy they need to hold meetings with their Private Banker while designing asset management strategies. In 2013, the Bank opened its seventh Santander PRIVATE BANKING БЕЛУДЕ ВУИКТИС office, this time in Brasília. The other units in place are located in the cities of São Paulo, Rio de Janeiro, Belo Horizonte, Campinas, Porto Alegre and Curitiba. The close relationship has generated a substantial improvement in client satisfaction. According to a survey conducted by the Instituto Stiga in 2013 the number of clients that considered Santander Private Banking better than competition tripled versus the 2011 figures and was above the number seen in 2012. Sustained by its strategy of a closer relationship with the client, the Bank has enjoyed the expansion of the Private Banking market, and Meeting room in a Private Banking office grew 11.3% in 2013, even under a scenario of low dividend payout in the stock market and just a few IPOS and Mergers & Acquisitions, which help boost the segment. According to ANBIMA, the average growth rate for the period was 9.5%. 80 Annual Report 2013 81
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