Banco Santander(US:SAN) Zheng Quan Shi Bao Wang·2025-10-10 12:39Core Viewpoint - The approval of Santander Bank's Shenzhen branch marks the establishment of the first Spanish foreign financial institution in Guangdong, indicating a significant step in the bank's re-entry into the Chinese market after 11 years [1] Group 1: Company Overview - Santander Bank's Shenzhen branch received its business license on October 9, officially commencing operations [1] - The branch is located in Kerry Plaza, Futian District, Shenzhen, and is positioned as a business center for the Guangdong-Hong Kong-Macao Greater Bay Area [1] Group 2: Industry Context - This branch is the first foreign bank branch in China to receive regulatory approval to open in 2023, highlighting a potential trend of increasing foreign investment in the Chinese financial sector [1]