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Banca March - Crecemos con valores, crecemos juntosNews

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At Banca March, we want to keep you always informed, and this section gives you the opportunity to find out whatever you want to know about.

04/14/2020

Banca March opens an account to centralise all donations received from customers and employees for people affected by COVID-19

  • The amount raised will be donated to the project, NGO or association chosen by the professionals of the Banca March Group. 

Banca March, true to its philosophy of joint growth, is making every possible effort to mitigate the impact of coronavirus on the health and finances of its customers and employees and also of society as a whole. As part of these efforts, Banca March has opened an account to centralise all donations made by Group employees and customers. Arising from a proposal made by the entity's professionals, this initiative is added to the actions launched by Banca March in the context of the current crisis.

The final amount raised will be donated to the project, NGO or association chosen by the professionals of the Banca March Group in an open vote.

Details needed to make the deposit or transfer:

• Beneficiary: Banca March S.A. (COVID-19 DONATIONS)

• Account no.: ES86 0061 0029 1617 2521 0110

• Details: indicate the national ID document number, name, surname and address of the person making the donation (this is required to receive the tax relief certificate from the NGO; it cannot be issued without this information).

Since the start of the crisis, Banca March and its subsidiaries have made every effort to protect the health of their professionals and customers. In record time, it managed to ensure its entire workforce could telework, while strengthening the Operations and Telephone Service teams. In the current times, in which professional and specialised advice is needed more than ever, Banca March managers have doubled their efforts to be closer than ever to their customers. Among other measures, and in order to respond to investor concerns, Banca March has launched a free macroeconomic and market information service, in which our experts respond to our customers' questions and which can be accessed from our website.

BANCA MARCH FACES THE CHALLENGES OF THE COVID-19 CRISIS

Our main concern during the health crisis created by the coronavirus has been to take the necessary measures to preserve the health of our professionals, both in Spain and Luxembourg, as well as that of our customers, maintaining and ensuring business continuity.

The teleworking measures have been implemented across all areas, both in central services and in the commercial network, so that almost all professionals have the necessary means to work from home. We have strengthened our digital tools and doubled our efforts to remain very close to our customers, strengthening communication with them and offering full accessibility to our managers and market experts.

One of the key priorities of Banca March is to protect the assets of its customers. That is why our model, which seeks to achieve long-term results, materialises in prudent advice, from the most conservative to the most determined portfolios, while serving as a buffer against levels of volatility that have not been achieved since 1929.

But the best protection system in times of turbulence is the entity's solidity and the proven strength of Banca March's business model, as reflected by its financial ratios, which place it among the most solvent banks in Europe, with a solid and historical base of own resources and equity, the lowest default rate in Spain and the highest levels of liquidity in the sector. On these robust foundations, we face a period of uncertainty with determination and commitment, which will unfold as the health crisis progresses. We are very aware of how necessary it is to be close and in contact with our customers at such a time, and that is where we are focusing our efforts, fulfilling our promise: joint growth.

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