Awards for Excellence 2020
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As Spain became one of the countries hardest hit by the coronavirus, Spanish banks were quick to pledge financial support for small and medium-sized enterprises.
They also took a particularly active role in the medical response, giving money and assisting in the international procurement of medical equipment.
Banco Santander showed special leadership in these actions. Its announcement of €20 billion of additional working capital loans for SMEs at its own risk preceded similar announcements by the other big Spanish banks.
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