Santander Corporate Banking Supports Extension of Arrowsmith Lodge Care Home

By Santander Uk, PRNE
Wednesday, January 5, 2011

LONDON, January 6, 2011 - Preston-based care home Arrowsmith Lodge will be able to offer a further
13 beds for the elderly and dementia patients with the help of a new
commercial mortgage from Santander Corporate Bank. Experts in personal
banking services, from home insurance ( to travel
insurance, Santander's corporate arm successfully extends to commercial
residential services.

The facility at Arrowsmith Lodge will help fund an extension for 13
single en suite bedrooms, taking the total places up to 35 and providing much
needed extra residential care spaces in the local area. Arrowsmith Lodge run
by Mrs Kesavamalar Rajaratnam provides long term residential care.

Mrs Kesavamalar Rajaratnam, Manager, said: "It is a pleasure to be
working with Santander and its knowledge of the industry and our business
helped with the smooth completion of the deal. This now means we will be able
to provide 13 extra beds in the home for the elderly and people suffering
with dementia, helping them to live their lives with the support they need. I
am looking forward to working with Santander in the future."

Robert Dolan, Relationship Director at Santander's Manchester Corporate
Business Centre said: "We were very pleased to have supported Mrs Rajaratnam
with her new mortgage to fund the expansion of her business. Our dedicated
relationship approach and experienced team in Manchester has helped us
develop an in-depth understanding of the business to find the best possible
package for its needs."

Mrs Rajaratnam runs the business, Arrowsmith Rest Homes, with her son
Skanda Rajaratnam. They have a second home, Westfield Rest Home, in

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About Us

Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and
commercial bank, based in Spain, with presence in 10 main markets. Services
include personal banking, insurance ( and mortgages ( At the close of June 2010,
Santander was the largest bank in the euro zone by market capitalization and,
at the end of 2009, fourth in the world by profit. Founded in 1857, Santander
had EUR 1,365 billion in managed funds. Santander has more than 90 million
customers, 13,671 branches - more than any other international bank - and
170,000 employees. It is the largest financial group in Spain and Latin
, with leading positions in the United Kingdom and Portugal and a
broad presence in Europe through its Santander Consumer Finance arm. In the
first half of 2010, Santander registered EUR4,445 million in net attributable

In the UK, Santander was formed out of the Abbey, Bradford &
Bingley and Alliance & Leicester retail networks. It has over 1300 branches,
around 4,500 cash machines and provides a full range of retail and corporate
banking services to 25 million customers.

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