Wednesday 28 November 2012
A new branch of Santander was officially opened on Friday 23 November at Queen Mary’s Mile End campus, with an event that celebrated the QM’s partnership with one of the world’s largest banks.
Queen Mary’s Principal Professor Simon Gaskell joined Mile End branch manager Mansi Desai and Luis Juste, Director of Santander Universities UK in cutting the ribbon to formally launch the new branch.
The branch is open to Queen Mary staff and students, as well as members of the public and local businesses.. It offers vital services, such as a cash machine, insurance, free financial advice and current accounts for students, international students and graduates.
Santander has been working with UK universities since 2007, signing agreements to provide funding for scholarships, mobility grants, special projects and non-academic achievement awards.
In November 2011, Queen Mary became the 11th London institution to become part of the bank’s network, with an agreement that QM would receive a total amount of £120,000 over three years. The funding will be used to assist students and academic staff with their study and work at QM. Amongst other activities, the bank’s funding will help with enterprise and entrepreneurship initiatives, including small and medium enterprise projects in local communities.
An additional benefit to joining Santander’s network of partner universities is the bank’s strong links with universities and industry in Brazil and other Latin American countries. In March 2012, a number of Queen Mary staff travelled to Brazil to explore the possibility of recruiting students under a new Brazilian scholarship scheme.