Santander Launches Latest Range of Structured Products
By Santander, PRNESunday, July 10, 2011
LONDON, July 11, 2011 -
From today, Santander has launched their latest range of
Structured Products for customers looking for a capital return at
maturity as well as a minimum return if held for the full term.
Santander Growth Plan
Santander Stockmarket Bond
(Issue 46) (Issue 10)
6 yr term 4 yr term 6 yr term 4 yr term
Offer period 6 Jul - 6 Aug 2011 6 Jul - 6 Aug
Strike date 9 September 2011 1 September 2011
Maturity date 11 Sep 17 9 Sep 15 01 Sep 17 01 Sep 15
14% gross / 4% gross /
Minimum return 11% 2.5% 2.21% AER 0.99% AER
50% of the
50% of the growth
growth (after (after
averaging) of averaging)
the FTSE 100 of the FTSE
50% of the Index; 50% 100 Index;
50% of the growth gross / 40% gross /
growth (after (after
averaging) of averaging) 6.99% AER 8.78% AER
Maximum the FTSE 100 of the FTSE maximum maximum
returns Index. 100 Index. return. return.
Reza Attar-Zadeh, Director of Savings and Investments,
said: “Structured products are designed for those looking to
invest for the longer term, offering potentially greater returns
than those currently available on standard
based savings accounts.
“The protected return of capital is provided by Santander UK
plc, which is currently rated ‘AA-stable’ by Fitch, thus giving
savers the additional reassurance that their money is with a
financially safe and secure bank.”
These offers are only available for a limited time and investors
who wish to apply can visit a Santander branch to book an
appointment with a Financial Advisor.
The information
contained in our press releases is intended solely for journalists
and should not be used by consumers to make financial
decisions.
Notes to editors
Fixed Term Investments
1 -– The Santander Growth Plan is provided by Santander ISA
Managers Limited which is a wholly owned subsidiary of Santander
Asset Management UK Holdings Limited. The capital guarantee is
provided by Santander Guarantee Company and depends on the
continued solvency of Santander UK plc. The capital guarantee only
applies if the investment is held to the end of its term.
Investors can apply to the Fixed Term Investments either within
a Stocks & Shares ISA or outside of an ISA, where returns are
subject to Capital Gains Tax Allowance.
Returns on Structure Products are only paid at the end of the
term.
Minimum investment £1,500
About us
Santander UK plc is a full-service retail and commercial
bank providing services, such as
Santander home insurance, personal loans and mortgages to 25
million customers in more than 1,400 branches and around 4,200 cash
machines. It is a wholly owned subsidiary of Banco
Santander.
Banco Santander (SAN.MC, STD.N, BNC.LN) is
a retail and commercial bank, based in Spain, with a presence in 10
main markets. At the end of 2010, Santander was the largest bank in
the euro zone and 10th in the world by market capitalization.
Founded in 1857, Santander had at year-end EUR 1,362 billion in
managed funds, more than 95 million customers, 14,082 branches -–
more than any other international bank -– and 179,000 employees. It
is the largest financial group in Spain and Latin America.
Furthermore, it has relevant positions in the United Kingdom,
Portugal, the U.S. northeast and, through its Santander Consumer
Finance arm, in Germany and Poland. Santander registered €8,181
million in net attributable profit in 2010.
Media Enquiries
Susan Hannums Tel:
+44(0)7920-297-414
Nicola
Hussey Tel:
+44(0)20-7756-4209
The press office operates from 8.00am to 6.00pm. Outside of
these hours please call 0800 5877708.
.
Tags: July 11, London, Santander, United Kingdom
