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Business & Economics

Santander secures banking licence in Canada

GlobalData
Summary
Nutrition label

80% Informative

Banco Santander has received a banking licence in Canada .

The Spanish bank has been actively hiring in the US and has launched a digital banking service in Mexico and the US as part of its regional growth strategy.

The bank applied in July 2019 to become a Schedule II bank, which allows foreign banks to operate as Canadian subsidiaries.

VR Score

77

Informative language

72

Neutral language

86

Article tone

formal

Language

English

Language complexity

71

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

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