The 10,000th Rebirth
Chapter 419: Getting something for nothing
Anyone who sees Chen Luo for the first time knows that he is not an ordinary person.
In fact, this is not just the feeling of the branch manager.
When Chen Luo walked into the bank, there were many people doing business and staff inside.
For some reason, the noise in the entire bank hall suddenly became quiet for a moment. Someone who was talking locked his eyes on Chen Luo, and then suddenly stared at him and stopped talking.
It was like it was contagious. Whether it was the people in the hall or the bank staff, they all moved their eyes involuntarily.
Then, the entire bank became strangely quiet in an instant, and no one spoke.
Until Chen Luo asked a female bank employee where the bank president's office was, the young female employee's face instantly turned red, and stars began to appear in her eyes. She was so excited that she couldn't speak clearly.
She stuttered for a long time before she said the bank president's office.
When the branch manager came out to greet Chen Luo and invited him into the office, the bank lobby suddenly exploded like a pot of boiling water.
Whether it was the bank staff or the ordinary people doing business, they were all discussing the incredibly handsome man.
"Oh my god, how could there be such a handsome man!"
"Is that a newly debuted artist?!"
"How could an artist have such a strong aura? He must be a chaebol!"
"I think so too. The president came out to greet him personally. He must be a chaebol."
......
At this time, in the president's office, the branch manager handed Chen Luo a cup of tea with a smile on his face, "Mr. Du, your bonds have passed the review of our bank.
Now you just need to determine the purpose of your loan and go through some simple procedures to enter the approval process. The loan can be released to your designated account within three days at the earliest."
" I just set up an investment company in H country, and I need a lot of won in a short time.
But because I have been in the United States before, I don't have much won.
You also know that H country also has a foreign exchange control system. It takes several years to convert 300 million US dollars into won, unless some illegal channels are used.
That's why I mortgaged these US bonds to your bank for short-term capital turnover. "
The branch manager nodded and said with a smile, "Then can you provide the company's qualifications?"
Chen Luo smiled and took out the company's business license, company articles and shareholder list that he had prepared long ago and handed them to the branch manager.
This company is the "LX Investment Company" that Chen Luo asked Cui Xuecheng to register. At present, the company has only two shareholders, Du Xianxiu and Cui Xuecheng.
And it is Du Xianxiu who holds 99% of the company's shares, and Chen Luo gave Cui Xuecheng 1% of the shares.
No matter what business LX Company does in the future, this LX Capital will be the parent company.
One of the conditions Chen Luo proposed earlier was that Zhao Xianghe invested 500 million US dollars in this company.
The branch manager just took it and took a look, without carefully looking at it, and gave it to the secretary to copy for registration.
For this kind of mortgage loan, as long as the customer has high-quality assets, it will not be too strictly reviewed.
Next, a female bank employee came in to serve Chen Luo and completed all the procedures.
However, although these employees were doing their work, their eyes kept glancing at Chen Luo intentionally or unintentionally, and they made mistakes several times.
Finally, the branch manager couldn't stand it anymore, and directly replaced the male employee to come in and handle the matter.
"Mr. Du, you see it's time for dinner, why don't I treat you to a simple meal?"
Looking at the branch manager's attentive look, Chen Luo smiled and refused without thinking, "I have something else to do, so forget it this time."
"It's okay, it's okay, this is my business card, if you have any financial needs in the future, you can contact me at any time."
For Chen Luo's lack of face, the branch manager not only did not show any dissatisfaction, but immediately handed over his business card with a smile on his face.
After Chen Luo took it, he left the Industrial Bank of Country H and went to the remaining four banks to apply for mortgage loans.
Similar to the treatment at the Industrial Bank of Country H, Chen Luo would cause a sensation wherever he went.
The main reason was that his face was too outstanding, and with his strong aura, people would not be able to help but look at him a second time after the first glance, and then their eyes would always be locked on him.
In fact, the presidents of several other banks did not seriously review Chen Luo's appearance and demeanor, and the mortgage of excellent assets such as bonds, and directly submitted them to the head office for approval.
When Chen Luo ran down all the banks, it was already evening.
After rejecting the proposal of the last branch president to invite him to dinner, Chen Luo drove back to Mingyi International Apartment.
Chen Luo was not short of money. The reason why he went to such trouble to get a mortgage was because he knew that the Korean won would plummet soon.
The financial crisis will soon usher in a new round of severe shocks. Many American companies will go bankrupt and the unemployment rate will reach an astonishing 10%. This is why the black president will urgently formulate an 800 billion US dollar economic revitalization plan.
In this shock, in addition to the Americans being unlucky, the people who suffered the greatest impact were the H people.
H country is highly dependent on the United States. Due to the excessive financial openness, lack of supervision, and the focus on supporting large chaebols and large enterprises, the risks are too concentrated.
What's more terrible is that the politicians of H country regard political struggle as more important than saving the market, which makes them slow down all countermeasures against the economic crisis.
So in this new round of shocks, H country was the first to bear the brunt. The Korean won depreciated sharply and the exchange rate against the US dollar plummeted by 4 times.
The H government had to urgently launch a large-scale financial plan of 130 billion US dollars and used 30 billion US dollars of foreign exchange reserves to stabilize the exchange rate of the Korean won, so as not to cause the collapse of the Korean won currency system.
The reason why Chen Luo wanted to mortgage loans through US dollar bonds was to get Korean won and then exchange it into US dollars through the foreign exchange market of H country.
This process will of course have certain losses, such as exchange rate differences and handling fees.
However, Chen Luo's loans from these five major banks were settled in Korean won. When the Korean won depreciated sharply, he only needed to take out a quarter of the original US dollars to exchange for Korean won again to repay the previous loans.
Chen Luo used the money of the people of Country H to transfer the foreign exchange of Country H to his own pocket, making money out of nothing.
Excluding those losses, he could still make a net profit of at least nearly $5 billion.
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