Go back in time and be a chaebol

Chapter 951 Property Transfer (First update, please subscribe)
Industrial Building.

It is a building located on Chang'an Financial Street. Although it is not conspicuous, a 100-meter-high building still ranks among the top. To a certain extent, this building also demonstrates the financial strength of Industrial Bank.

As a private bank, it naturally needs to prove its financial strength in some way.

At around ten o'clock in the morning, a black BMW 600 stopped in front of the building. As soon as the car stopped, Wei Changjie, who had been waiting in front of the door for a long time, hurried forward and opened the car door himself.

"Your Majesty, you are here!"

"Manager Wei."

Nguyen Phuc Chu nodded, and then, under the leadership of Wei Changjie, walked into the building and took the special elevator into the general manager's office.

Although Industrial Bank is a private bank, it is well known that a considerable number of its shareholders are dignitaries in Nanyang, and its largest shareholder is Hedy Lamarr. Those who are familiar with the upper class in Nanyang know that she is your lover. In other words, Industrial Bank is the "family property."

At present, the general manager of Industrial Bank is Sun Longyue. He may not seem to be famous, but he is a cousin of the Army Commander Sun Delin. Well, he still has his own network of relationships in Nanyang.

However, as the general manager of Industrial Bank, Sun Longyue's performance is very outstanding. Under his management, Industrial Bank has become one of the top ten banks in Southeast Asia.

But even so, Sun Longyue still hopes that Industrial Bank can move to a higher level. After all, as the general manager, he needs to show his performance to the board of directors.

"Your Majesty, I am so sorry. I was on the phone with the Minister of Finance just now, so I was delayed and was unable to greet you in person. Please forgive me, Your Majesty!"

Sun Longyue, who seemed to be apologizing, revealed a signal in his simple words - he has a close relationship with the Ministry of Finance.

How can we not be close?
Nine out of ten shareholders of Industrial Bank are shadows of the powerful people in Southeast Asia. In the past ten years, tens of thousands of officers and soldiers of the Allied search team have obtained equity in many companies to varying degrees. These are the original shares of the "founders".

Although Industrial Bank is said to be a private bank, its shareholders include not only the founding nobles of Southeast Asia, but also many "founders".

If there is anything that Nguyen Phuc Chu learned before coming to Nanyang, it is that the biggest difference between Nanyang and other countries is that this country is a company with 5000 million people, all of whom are shareholders and hold shares in many companies.

Because of this, people, countries, and enterprises have formed a close community of interests. This also means that the influence of those large enterprises on the Nanyang government is far greater than the outside world imagines - because they are one.

Even the country is a company. After all, North Borneo Company itself is a company, an enterprise.

Because of this, they really can't figure out what kind of relationship these companies have with the country. After all, the boundaries between them are often very vague.

Is it the country or the company?
This is a very interesting question in itself.

"Hello, General Manager Sun."

Nguyen Phuc Chu looked at the people in power at Industrial Bank. He was not sure how much influence they had on the government, so he was very polite:

"When I first came to Nanyang, I heard that you were an outstanding banker!"

This was just a polite gesture, not something to be taken seriously. After all, I had never heard of this guy before yesterday.

“It’s just part-time work.”

Sun Longyue smiled and said:
"Ever since I knew that His Majesty was coming to Southeast Asia, I have always wanted to visit him, but I never had the chance. Now that I can meet His Majesty, I am truly blessed!"

After a simple polite exchange, Sun Longyue led them into the office. In the office, the so-called courtesy was more commercial. Sun Longyue's purpose was very simple - to turn Nguyen Phuc Chu into their client. Although the property of Emperor Bao Dai was confiscated by the South Vietnamese government, a lean camel is bigger than a horse, and he is still very rich now.

Soon, after a brief exchange of politeness, both sides got down to business.

"Your Majesty, I think Manager Liang has already told you yesterday that if you are willing to put your money in our bank, in addition to providing 5.5% interest, there will also be other corresponding financial services..."

Without waiting for Sun Longyue to finish his words, Nguyen Phuc Chu took the initiative to put forward his request.

"I have $5700 million in deposits in Borneo Bank and Nanyang Bank!" $5700 million!
Even as a banker, Sun Longyue couldn't help but take a deep breath when he heard this number.

If converted into Nanyang dollars, this is a huge sum of more than 8000 million yuan!

If we wait until the end of the year... that would be over 100 million yuan!
The Nanyang dollar has been depreciating.

In the past few years, the Nanyang dollar has been depreciating. Although the depreciation is very limited, the exchange rate against the US dollar has depreciated from 1:1 to 1.47:1, but this slow depreciation is long-term.

According to the speculation of Sun Longyue and others, the official psychological price should be between 2 and 2.5. After all, currency depreciation is beneficial to exports.

In fact, currency depreciation is also a technical means to a certain extent - a technical means to reduce the gross national product. Internationally, the gross national product is calculated in US dollars. It was through this technical operation that Nanyang delayed the time of surpassing Britain until last year... it surpassed Britain very helplessly.

Compared to the cheers from the people, the top leaders of Nanyang were somewhat reserved. After all, making a fortune in silence was the right path. Surpassing Britain was not something to celebrate politically. You know, as a member of the Commonwealth, Nanyang still received aid from Britain!
Now that we have surpassed the UK, the UK naturally has reason to wean itself off China. This deal is not cost-effective.

So we can only say that the currency is depreciating a little slowly. Of course, outsiders know nothing about the mentality of the top leaders.

"So……"

Sun Longyue pursed his lips a little excitedly and said.

"Your Majesty, we..."

"But it's impossible to withdraw this money!"

Uh……

In an instant, Sun Longyue was dumbfounded. Isn't this the same as not saying anything?
"We all know the status of these two banks in Nanyang. My deposits there are, to a certain extent, political. I hope Manager Sun can understand."

Nguyen Phuc Chu said lightly.

"Understand, understand, of course I understand."

How could Sun Longyue not understand? Borneo Bank is not the central bank of Nanyang, but it is a subsidiary of North Borneo Company, and North Borneo Company... most of the land in Nanyang belongs to the company, and the company bought it with money!

It is not a central bank, but it is better than a central bank!
The reason why the emperor in front of him put the money there was simply to get some kind of political attention.

In this case, he would definitely not withdraw the money.

Just when Sun Longyue's face became quite helpless, Nguyen Phuc Chu spoke again.

"But, since you've spoken, Manager Sun, I'm afraid I'd be sorry for your enthusiasm if I don't give you a chance."

After taking a look at Sun Longyue, Nguyen Phuc Chu said.

"I have an asset of about 2000 million US dollars, but it is currently hidden in South Vietnam. If you can help me transfer the asset out, the money will be deposited in your bank. What do you think?"

"Of course there is no problem!"

Sun Longyue is very good at transferring assets. A few years ago, when Tangshan changed drastically, he helped many people transfer their assets to Southeast Asia. If you count them, the assets transferred that year were much more than this money.

In fact, they were not the only bank doing this back then, almost all Nanyang banks were involved. For this kind of thing, Nanyang banks were definitely familiar with it.

"Your Majesty, rest assured. As long as you need us, we will do our best to help you transport all your property out of South Vietnam safely."

(End of this chapter)