king.

Benefits can heal the pain the most, regardless of whether the Near East Development Bank stepped on the thunder or not, asset appreciation is true after all.

The reason for everyone's belief is very simple, a great noble will not suppress his own reputation and falsify, it is simply impossible!
Investment is risky, and it is understandable for emerging industries to step on thunder accidentally.Even if the shareholders are not hiding the truth, at most they ask to send someone to supervise.

In fact, this does nothing.The gang of fools don't know anything about laymen, Hudson has a lot of ways.

Participating in specific operations can only be imagined.The Near East Development Bank was an overachiever compared to the banks they had fiddled with themselves.

"Marshal, we didn't question your business intentions. It's just that there are already so many assets in the accounts of the Near East Development Bank, so there is no need for further financing, right?"

Samantha asked, frowning.

From the perspective of asset appreciation, the development of the Near East Development Bank is indeed good, but everyone has to think twice about financing again.

For no other reason, the Near East Development Bank, which occupies more than half of the Alpha Kingdom market, has reached the middle and late stages of development.

If it weren't for the newly opened market of the Principality of Moxi, the story would not be able to continue.As a result, the return on investment was not seen, but the shareholders once again reached out to ask for money.

"There is no way. Although the loan from the Principality of Moxi can be recovered, it will take too long a period of time, which seriously squeezes the bank's operating cash flow.

In order to develop better, we must supplement cash flow.

Don't worry, everyone, as the major shareholder of the bank, I will also inject capital in proportion to the number of shares just like everyone else! "

Hudson pretended to be bold and said.

The Near East Development Bank is indeed short of cash flow, but the reason is not the fake account of the Principality of Moxi, but the aftermath of the money shortage crisis in the North Continent.

Gold bills replace gold coins in circulation in the market, but in essence they are not currency, but bank debts.

With less than 3000 million net assets, but with more than [-] million operating debts, it is simply a replica of the bank in the previous life.

The problem is that the current speed of capital circulation is far less than that of the previous life.In the event of a major change, the Near East Development Bank's ability to resist risks is still very low.

Financing to supplement cash flow is undoubtedly the best solution.

The most important thing is that Hudson still has a huge interest-free loan in his hand, and he doesn't know where to use it.

Withdrawal is impossible and that would drain the bank's cash flow.It is too wasteful to leave all of them idling on the accounts.

Seeing that the shareholders are in a good mood, Hudson simply threw out the financing plan again.Regardless of whether others are willing to follow him or not, he must inject capital into the bank anyway.

Taking the bank's interest-free life-year series of loans to buy the bank's shares, you can't lose money no matter what.

At the beginning, for the development of the bank, a lot of shares were transferred, and Hudson also wanted to take back some.

Who made the development of the Near East Development Bank too good?

The expected wave of defaults not only did not happen, but instead recovered a lot of capital costs.

The development cycle of agriculture and animal husbandry is usually relatively short.The noble lords who were the first to take out loans have now begun to repay their debts.

Especially the business in the southeast province has now entered the harvest period.The nobles did not have the habit of long-term debts. After taking a sigh of relief, many noble lords came over one after another to repay their loans in advance.

Without packaging the loan into financial capital and selling it, Hudson is naturally not afraid of everyone repaying the money in advance.

After a good start, Hudson was surprised to find that as long as the kingdom does not change, the Near East Development Bank will soon embark on a positive cycle.

As long as the loans in the Kingdom's hinterland can be recovered normally, even if the debts in the Near East region are rotten, the banks will be able to sustain them.

Theoretically speaking, the Near East Development Bank can accept a bad debt rate of 10% as long as its reputation does not collapse.

Converted to the two high-risk markets of the Near East and Northern Xinjiang, as long as [-]% of the local debt can be recovered normally, and [-]% of the principal can be recovered, the bank can operate normally.

Considering the current strength comparison between the kingdom and the orcs, Hudson felt that even if he suffered a defeat, he would not be reduced to half of the aristocratic territories without anyone inheriting them.

Since there is a "money way", it makes sense to recycle shares.

If it weren't for the fact that there are too few rich masters these days, it is difficult to disguise their identities, he would like to get a few vest trumpets and join the financing team to repurchase bank shares.

"Marshal, the capital injection amount this time is too high!

2000 million gold coins, which is equivalent to the entire fiscal revenue of your country for a year. Does the Near East Development Bank really need so much money? "

Powell on the side couldn't help but questioned.

As soon as the affairs of the Principality of Moxi were over, they rushed over to attend the shareholders' meeting without stopping.Originally, I came here to inquire about the crime, but I was fooled by Hudson into financing again.

As soon as the words came out, Powell noticed something was wrong.Didn't you want to oppose the financing? Why did you follow me to discuss the amount of financing?
Knowing that the rhythm was being taken, but the words had already been spoken, there was no way to take them back.

"We can discuss the specific amount of financing! 2000 million is just an ideal figure, and everyone's ability to bear it must also be considered.

By the way, Earl Powell, the data you just presented is not accurate.With the recovery of the kingdom's economy, our fiscal revenue has exceeded 2000 million gold coins.

It may not be long before the total fiscal revenue will exceed the 3000 million mark.The kingdom's future financial revenue will probably be stable at between 5000 and [-] million gold coins! "

Hudson responded with a smile.

Undoubtedly, the fiscal revenue in his mouth refers to total revenue, not just cash revenue.

Under normal circumstances, the fiscal revenue of the feudal dynasty will not change much.The increase in the financial revenue of the Alpha Kingdom is mainly due to the increase in the territory of the Kingdom.

Opening the map, one can see that the territory of the kingdom has almost doubled compared with ten years ago, and the upper limit of financial revenue has naturally increased accordingly.

The kingdom's government is poor, mainly because the seven provinces in the Near East are in the tax-free period, and the seven provinces in northern Xinjiang are also currently enjoying tax cuts.

The queen's dowry of six provinces is currently in the development stage, and it is also free of tax.

Revenues have not risen dramatically, but spending has risen sharply.The bulk of it is naturally the military expenditure in the Near East, followed by the construction cost of the official roads along the way.

With a fiscal revenue of more than 2000 million yuan, it bears the obligation of 5000 to [-] million yuan in revenue. It is difficult for the government to want to be poor.

If the government hadn't been too poor, the high-level officials of the kingdom would not have left the task of raising strategic supplies to the three countries in the mainland.

"Thank you Marshal Hudson for your reminder, but this is not the topic of concern today. Compared with your country's fiscal revenue, I think everyone is more willing to know the specific operating status of the Near East Development Bank!"

Earl Powell responded without changing his expression, as if the inappropriate metaphor just now hadn't happened.

"Sorry, Earl. In order to protect the privacy of customers, the bank's detailed accounts cannot be made public.

These economic data are not just pure business, but also involve politics.Once the data is leaked, it will definitely bring huge losses to the kingdom! "

Hudson refused righteously.

The continent of Aslant has not yet entered the information age, but through these economic data, many things can be seen.

The smooth development of the Near East Development Bank was mainly due to the fact that all parties did not realize the importance of the bank and simply thought it was a profitable business.

Just making money, with Hudson's status and status, and attracting a bunch of interest groups, it can naturally be covered.

If something happens and everyone realizes that banks can control the lifeblood of the economy, then everything will be different.

Even if the Near East Development Bank can survive, the equity will have to be redistributed, and it is impossible for Hudson to fully control the bank's operating rights.

After a verbal battle, Hudson showed the spirit of "combating the Confucians with words", and he just stunned all the representatives.

Of course, the blessing of identity alone plays half of the role here, and the other half comes from human greed.

Compared with the representatives of the shareholders, Hudson's status was undoubtedly the highest on the scene, and he directly crushed everyone in the aura.

Maybe the bosses behind these investors are not worse than Hudson, or even higher, but they can't come here in person!
The momentum that was finally gathered was lost by Hudson at the beginning of the negotiation, and there was another wave of temptation, and everyone really couldn't stand it.

According to the bank development plan proposed by Hudson, when the Near East Development Bank enters a mature stage, it will allocate 1000 million gold coins for cash dividends every year.

How can a group of shareholder representatives withstand such a generous return?

You have seen a lot of profiteering industries, but there is no other industry in the whole mainland that can accommodate such a huge investment and obtain huge returns.

"Painting cakes" also pays attention to technology.From the perspective of the development trajectory of the Near East Development Bank, it is really able to distribute 1000 million gold coins every year after entering the mature stage.

But the premise is that the economy of the North Continent continues to grow at a high speed, the customers can repay the loans on time, and the aliens must keep their own.

From an investor's point of view, this is a gamble.However, the previous financing has already placed a bet, and it is too late to withdraw now.

Selling the shares at the original price will definitely be able to sell them, but the problem is that the bank's valuation is too high, who is willing to cut their knees?
For a company that can stably pay tens of millions of dividends every year after three years, there is nothing wrong with a valuation of [-] million, and it is even underestimated.

But now it's internal financing, so it doesn't make any sense to talk about valuation.The only thing we can do is to reduce the amount of financing to reduce investment risks.

The financing amount was bargained from 2000 million to 1000 million. Hudson still smiled happily.

It seems that the increase of more than 500 million cash flow is nothing to the current Near East Development Bank, but in fact it is a great increase in the ability to resist risks.

Unlike normal commercial banks, the biggest risk of the Near East Development Bank is not a run on depositors, but too many golden notes issued.

In name, it is to facilitate transactions, but in fact it is printing money.The difference is that these vested banknotes have not been endorsed by the country's credibility.

If the bank's reputation is high enough, the currency value of the gold ticket can be stabilized, and it can also be regarded as currency.

At present, the loans issued by the bank are actually a series of numbers on the magic crystal card.After getting the loan, you can't withdraw cash immediately.

If you want to trade with the outside world, you must also do it in a bank to prove that the funds have not been misappropriated for other purposes.

The reason is readily available - Regulatory Funds Safety!
After the transaction is completed, the seller who has received the payment can naturally withdraw cash freely.It's just that at this time, the bank staff will definitely sell the golden ticket as soon as possible.

Except for the difficulties encountered during the initial promotion period, the golden notes issued by the Near East Development Bank can basically be used for normal transactions in the North Continent.

Of course, this is limited to trading use, and few people hold golden tickets on a large scale.Compared with this piece of specially processed paper, everyone still prefers gold coins.

It is precisely because of its good reputation that the Near East Development Bank was able to extend loans to the outside world despite the serious shortage of deposit funds.

After obtaining cash flow supplementation, the bank's operating cash flow is already sufficient to cope with the run crisis of depositors.

The hot money currently flowing in the market is purely printed by Hudson himself. In essence, the amount of currency in the North Continent is still insufficient.

The kingdom's economic prosperity, Hudson can say unceremoniously: This is his own credit.

As an unsung hero, he has done so many good deeds, so naturally he cannot let the outside world know about it.

If one day the Near East Development Bank exploded, the economy of the Alpha Kingdom would be ripped apart in place, which would be stronger than a magnitude [-] earthquake.

……

In the Beastman Empire, since the news of the opening of the Holy Land of Inheritance came out, the disputes on the prairie suddenly subsided.

All races are busy cultivating talented children, hoping to stand out in the next trial and get the inheritance left by the beast god.

Frankly speaking, for the continuation of the orc race, the beast god is also worried.Gods of other races let all races develop freely, with the exception of beast gods.

The merged orc empire is a giant, but the separated orc empire is nothing.

Even if it is the orc royal family, if you just pick a family and put it on the mainland, it will be the bottom of the existence.

Not every race is an elf race. It is difficult for a race with a population of several million to survive alone on the mainland.

There are many internal races, and the strength of a single race is limited, which determines that the internal fighting in the Orc Empire is extremely fierce.

Wars are frequent and disastrous for civilization.If you are not careful, you will lose your inheritance in the civil war.

Of course, the most critical core factor is knowledge monopoly.After obtaining the inheritance, it will only spread common cultivation knowledge, and the core content has always been kept by the high-level people.

If you encounter some selfish testers, the core inheritance is only owned by the recipient himself, and the inheritance obtained by the high-level race is not complete.

Until the last moment of life, even the direct descendants, it is difficult to obtain all the cultivation inheritance.

Under this kind of knowledge inheritance system, it is difficult not to think of problems.In many cases, only one accident is needed, and the practice inheritance of the sanctuary part is gone.

After a few more generations, even ordinary cultivation methods may become incomplete.

Usually when this happens, all ethnic groups will organize their people to find ways to complete the cultivation inheritance.

However, sectarian views still cannot be eliminated, and everyone likes to keep a hand in key areas.

There is no way, the orc empire, which advocates the law of the jungle, commits rebellion frequency is too high.

If the ruler wants to stabilize his position, the best choice is to leave behind in key places and suppress the development of his subordinates to protect his own advantages.

Fortunately, the Beast God had the foresight to know who his followers were, so he arranged for him early on.

The holy land of inheritance that appears from time to time has become the hope of all ethnic groups.Theoretically speaking, as long as they obtain the inheritance left by the beast god, all clans have the opportunity to stand up and counterattack.

But a theory is a theory after all. Although the Beast God left behind a legacy, he did not become a bad person.If you want to get the inheritance, you have to fight for it, and only the outstanding ones can get the inheritance.

As for the losers, most of them stayed in the trial ground permanently, and only a few could get their lives back by luck.

If you don't get the inheritance, it may not be a good thing to come back alive.Suspicion and suspicion among the clan can make the orcs collapse.

Geniuses have their own arrogance, and most of the losers of the trials will choose to live in seclusion alone and never return to the clan.

For all races, the life and death of failed testers is no longer important, and there is no difference between being alive and dead.

Looking at the group of Bimon talents in front of him, Prince Butzweig was filled with emotion.Once upon a time, he was also the proud son of the Beamon clan.

It's just that the Beamon family was at its peak at that time. Under their rule, the Orc Empire bullied the Alpha Kingdom vigorously.

Looking back on those glorious years, Prince Butzweig couldn't help crying.The foundation accumulated by the ancestors for generations was all tossed away by a prodigal son.

"Prince, all the heroes of the clan have been assembled, do you think it's time to start?"

Sutuk asked hesitantly.

Reason told him that his boss was feeling sad, and it was not a good choice to go up and disturb him at this moment.

It's just that all the Behemoths are gathered here, waiting for Prince Butzweig to give a lecture, and they can't do without reminding them!

"Ok!"

After being pulled back to reality, Prince Butzweig immediately walked to the high platform and looked down at the group of young Behemoths.

"You all know the matter, so I won't continue to explain it. Inheriting the Holy Land has a lot to do with it. The future fate of the Beamon family is now in your hands.

No matter what, we have to get the inheritance this time and come back alive as much as possible.

Time waits for no one, the more you increase your strength, the higher the chance of surviving after arriving at the Holy Land of Inheritance, start training now! "

Prince Butzweig said earnestly.

The Beamon family can no longer afford to lose now. If they cannot get the inheritance, not only the status of the royal family will be lost, but even the status of the great family will be difficult to maintain.

Passing on this kind of thing is like buying a lottery ticket.Whether he can win the lottery depends entirely on whether the beast god favors it.

Strong strength can increase the probability of survival, but it cannot increase the probability of inheritance.If the beast god does not bless him, no matter how strong he is, it will be useless.