Metropolis: Start by inheriting a bank
Chapter 004
T country, MG.
Uncle Nie Fei’s bank, called Nie Bank, is headquartered in MG City.
To be precise, it is now Nie Fei’s bank.
What’s more interesting is that Nie Fei’s takeover of this bank is surprisingly smooth.
Not a single person stood in the way!
However, it is not difficult for him to understand.
This bank is completely in control, who can obstruct it?
Moreover, now the banks are crumbling.
Sitting in the office, Nie Fei received nine resignation letters early in the morning.
Of the ten bank executives, nine have resigned.
And one more, himself.
That is, he has become a singles commander.
“Kind of interesting!”
Sitting in the office, Nie Fei leisurely checked the accounts.
Bank assets, totaling six billion.
Now the liquidity on the books, after the run storm, only 300 million remains.
And the debt, ten billion high!
As long as he is not a fool, he can now see that the uncle who has never met is plaguing himself.
Or rather, in the disguised pit of their own family.
“Pit me? It’s a pity, I’m going to disappoint you! Thank you for your fulfillment! ”
Shaking his head, Nie Fei muttered to himself.
Ten billion in debt?
For him, there really wasn’t much pressure.
Now, he still has a chance to turn around, and that’s enough.
As a reborn person, he is still very confident in turning over.
For several days, Nie Fei directly transferred most of the bank’s funds, in addition, he also used the bank to apply for a large mortgage loan from the central bank of T country, and then shorted YDNXY’s foreign exchange market.
And, leverage is maximized.
The wheel of history is still the same as in previous lives.
In late September, international speculators directly shot at YDNXY’s foreign exchange market.
Their foreign exchange market directly crashed without a single accident.
In fact, the reason why the central bank of country T agreed to give a loan is not without reason.
Very simple!
Because Nie Bank has tens of thousands of employees.
Originally, the country is in chaos now, and if this bank goes bankrupt, it will only become more chaotic.
So, it’s not hard for them to make a choice.
More importantly, Nie Fei signed a deal with them.
If Nie Fei fails to repay the loan within half a year, they will take Nie Bank into state ownership.
So….
In the blink of an eye, it was mid-October.
Nie Fei’s visa is also about to expire.
He solved all the problems on Nie’s bank’s side.
The loan to the central bank of country T has been officially repaid.
Ten billion in debt, already paid off.
Today, banks are debt-free.
Cash flow on the books, up to $2 billion.
That’s right!
In less than a month, Nie Fei directly turned the situation around.
At present, the total assets of Nie Bank are only three billion US dollars.
But the cash flow is already as high as two billion US dollars.
Everything is because of this financial crisis that has affected the whole of Southeast Asia.
Asia Financial Crisis!
Taking advantage of this opportunity, Nie Fei directly chose to short YDNXY’s foreign exchange market.
Earned billions of dollars a month and paid off all debts.
In addition, it also cross-controlled Nie Bank through several offshore companies.
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