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Home | Santander granted renminbi licence

Santander granted renminbi licence

  • April 13, 2012
  • Spanish banking giant Banco Santander’s Shanghai branch has received a licence to deal in renminbi from the China Banking Regulatory Commission (CBRC). Santander becomes the first Spanish or Latin American bank to receive the licence and strengthens the firm’s position as a link between China and Latin America. Chairman Emilio Botín stated that Banco Santander [...]

  • Read more at:http://www.bankingtimes.co.uk/2012/04/13/santander-granted-renminbi-licence/
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