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Grupo Santander is the largest financial institution in Spain and Latin American and the largest Bank in Euro Zone by market capitalization. With a net profit of € 9 billions in 2009, Grupo Santander has become the international bank of over 170,000 employees with the largest network in more than 13,000 offices all over the world.[rn][rn]Grupo Santander's offices in the region are located in Hong Kong, Shanghai, Beijing, Sydney, Seoul and Tokyo.