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Santander Supports Freie Universität Berlin

Cooperation agreement signed in Berlin / Santander to fund scholarships for Deutschlandstipendium and FUBiS

№ 116/2018 from May 25, 2018

Freie Universität Berlin and Santander Consumer Bank AG have signed a cooperation agreement, making the university part of the international network Santander Universities. The cooperation will focus on supporting the International Summer and Winter University FUBiS with 20 scholarships as well as funding 20 Deutschlandstipendium scholarships. The funding will initially run through 2020. The aim of the bank is to promote internationalization and to support young talent.

In accordance with the motto “All good things come in threes,” Santander has now welcomed Freie Universität Berlin as the third university in the German capital as one of its university partners, after Humboldt-Universität and Technische Universität. This illustrates the significance of Berlin as a location for research and education within the global network, Santander Universities. One of the main projects Santander will support at Freie Universität Berlin is the International Summer and Winter University FUBiS. By funding scholarships for this program, Santander intends to help students from many countries to gain both linguistic and intercultural competence. In addition, Santander will sponsor 20 Deutschlandstipendium scholarships.

The cooperation agreement was signed by Prof. Dr. Peter-André Alt, the president of Freie Universität Berlin, and Oliver Burda, vice chair and HR director of Santander. Professor Alt said, “As an International Network University we have many contacts with universities and organizations in Germany and abroad. Cooperating with the largest global university network, Santander Universities, will greatly enhance our international work.” Freie Universität’s development strategy, which won funding through the German government’s Excellence competition, emphasizes both international cooperation and support for students and junior researchers.

At the signing of the contract, Oliver Burda emphasized, “Santander is very much concerned about the promotion of young talent, as we will soon be dependent upon the next generation of talent. We are very pleased and proud that our funding specifically helps young people, and that as of today, we are funding more than 130 Deutschlandstipendium scholarships per year.” This brings Santander closer to its goal of financing about 600 scholarships in Germany.

Further Information

Santander Universities is part of the global Santander Universities business unit through which Banco Santander has built up roughly 1,200 unique collaborations with universities since 1996. These collaborations are different from those of other national and international banks: Banco Santander promotes academic institutions in the fields of teaching and research, international cooperation, knowledge and technology transfer, business initiatives, student exchange, and innovation. For more information about Santander Universities, visit www.santander.com/universities. Information about Santander Universities in Germany can be found at www.santander.de.

Banco Santander (SAN.MC, STD.N, BNC.LN) is a private and commercial bank headquartered in Spain, with presence in ten core European and American markets. Santander is the largest bank in the Eurozone by market value. Founded in 1857, Santander had assets under management (deposits and investment funds) of 986 billion euros at the end of 2017. Santander has approximately 133 million customers worldwide, 13,700 branches, and around 200,000 employees. Santander posted an attributable profit of 6.619 billion euros in 2017, an increase of 7 percent over the same period the previous year.

Santander Consumer Bank AG is one of the top five private banks in Germany in terms of customer numbers. It offers private customers extensive financial services. In addition, the institute is the largest producer-independent financier in Germany in the fields of cars, motorbikes, motor caravans, and consumer goods. The wholly owned subsidiary of the Spanish Banco Santander is based in Mönchengladbach.


Franziska Rex, Santander, Communications, Tel.: +49 2161 690-7426, Email: Franziska.Rex@santander.de