Chapter 724
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It has to be said that Ma Jingxi's request for help from Gao Xian is a timely and prudent move, which can at least prevent Xiangji bank from becoming the first victim of the overseas trust bank shock and the banking crisis.
Gao Xian deployed overnight to mobilize HK $50 million in cash from Gaoyi bank to support Xiangji bank.
Ye Licheng, general manager of Gaoyi bank, did not have the slightest doubt, because even from the perspective of business, Xiangji No. 1 and Gaoyi No. 1 have a close relationship in recent years, which not only has the basis of watching and helping each other, but also has the need for group development.
Moreover, Gaoyi knows the situation of Xiangji bank very well. The biggest problem is that the headquarters building built has caught up with the previous peak stage of Xiangjiang real estate industry, consuming HK $300 million, about half of the shareholders' funds. Therefore, in case of accidents, it is hard to pay.
This does not hinder the fact that Xiangji bank is still a high-quality asset as a whole. As long as its own people sincerely help, it will be bright in the past, and everyone will be more united in the future.
Early the next morning, ye Licheng personally sent HK $50 million in cash to the headquarters building of Xiangji bank, which also sent a signal to the outside world. Behind Xiangji bank, Gaoyi bank has the support of Gaoyi bank, and Gaoyi bank has strong strength. Depositors don't need to worry about the risk of having money from Xiangji bank.
Just after ten o'clock, ye Licheng came back from Xiangji bank and reported to Gao Xian.
Gao Xian said with a smile, "I thought you would help stabilize the situation at Xiangji bank. You would be kept by Ma Sheng for dinner near noon."
"Ma Sheng is really enthusiastic about staying, but I think his family has a lot of time to get together. I'd better make time as much as possible to see what's not in place for tomorrow's favorable bank to take over the chairman of Xiangjiang Bank Association." Ye Licheng explained: "besides, I specially intended to turn around the business department of Xiangji bank, and the scene was fairly stable."
Gao Xian glanced at Thursday, December 30, 1982, which was turned on the desk calendar, and said leisurely, "as the undercurrent is surging now, I can feel that the days next year will be very tense."
The two were chatting. The assistant hurried in to report that Jiahua bank was squeezed. Xiangjiang Banking Association and the financial secretary of the Hong Kong government had received the report.
Ye Licheng took a look at his boss and said with great style: "those who should come will come sooner or later. It's good. After we take over as chairman of Xiangjiang Banking Association, we have more reasons to implement our ideas."
Gao Xian tidied up his tie. "It's estimated that I'll go to the meeting again soon."
This is for sure. Crowding is like the plague of banking. If it is not controlled in time, it will spread everywhere and spread rapidly.
However, there is no panic, because Ka Wah Bank is a small and medium-sized bank in Xiangjiang, which is similar to Xiangji bank and less eye-catching than overseas trust banks.
It can be said that Ka Wah Bank is really inseparable from the overseas trust bank when it is squeezed. After all, it is very close to the overseas trust bank.
The founder of Ka Wah Bank was Lin Zifeng, who was very famous. However, after Lin Zifeng died in 1971, although several of Lin Zifeng's sons were not ordinary people. For example, Lin Siqi, the second son, was doing well in Canada, they were not keen on banking business. Therefore, the control of Ka Wah Bank fell to the Liu Cansong family, Taking advantage of the overheated economy in Xiangjiang in the early 1980s, it was listed and entered the fast lane of development.
The banker of Hang Lung Bank belongs to Filipino Chinese capital, the Zhang family of overseas trust bank belongs to Malaya Chinese capital, and the Liu family of Jiahua bank belongs to xingjiapo Chinese capital. After these Nanyang Chinese capital came to Xiangjiang for development, they were naturally close to each other.
But now, there are big problems in the operation of Hang Lung Bank and overseas trust bank, which are so serious that they have been taken over by the Hong Kong government. Jiahua bank, which belongs to the same circle, has greatly reduced its natural reputation. It's strange not to be caught up in the wind.
Moreover, the main customers of Ka Wah Bank are in Southeast Asia. The understanding of Xiangjiang is relatively limited, which makes people more wary.
When Gao Xian went to the meeting, he walked slowly and in no hurry. In addition to the limited scale of Ka Wah Bank, the problem is no matter how serious it is and it is relatively easy to control, there are also favorable banks. They haven't officially taken over the chairman of Xiangjiang Banking Association yet. It's a scum talk.
Besides, Huifeng became a shrinking turtle in the Hang Lung Bank Crisis and the shock of overseas trust banks one after another, forcing the Hong Kong government to take over. It is the so-called that Huifeng should do something serious again and again.
In addition, among the customers of Ka Wah Bank, overseas Chinese in Malaya and Singapore account for a considerable proportion, which also has a certain attraction to win external support.
As Gao Xian expected, when he arrived at the conference room late, he had a plan to deal with the overcrowding of Jiahua bank.
After glancing at Liu Cansong, chairman of the board of directors of Ka Wah Bank, Lin Sixian, independent director of Ka Wah Bank, Shen Bi, senior class of Huifeng bank, and the gold representative of Bank of China, Gao Xian basically knew it.
Shen Bi thought that Gao Xian appeared late and was as lazy and slippery as he had been before. He didn't care. Seizing the limelight of the first brother, he introduced: "Huifeng has decided to provide one billion standby credit for Jiahua bank together with Bank of China to restore the market's confidence in Jiahua bank."
Gao Xian glanced at Liu Cansong with a happy face, muttered in his heart, "it's time to live for a while", and then calmly and rigorously said: "From the current situation of Ka Wah Bank, different from Hang Lung Bank and overseas trust bank, the degree of crisis is the same. It is at the sandwich level. It is neither serious enough to need the government to take over, nor easy enough to deal with it independently. It is still very difficult."
"Now Huifeng has decided to join hands with the Bank of China to provide assistance to Jiahua bank, which will quickly calm the squeeze suffered by Jiahua bank and release a positive signal to the outside world."
Liu Cansong, who was told by Gao Xian's "sandwich layer", nodded and echoed: "Sir Gao's words are very true. Jiahua bank has been caught off guard. Fortunately, Huifeng and BOC are willing to lend a helping hand."
Next, Shen Bi's words were a little pondered, "in two days, Yili bank will officially take over the chairman of Xiangjiang Banking Association. At that time, sir Gao will preside over the overall situation. We can all breathe a sigh of relief."
The high string like a mirror in my heart smiled and calmly replied, "I feel that I have a heavy task and a long way to go."
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It has to be said that Ma Jingxi's request for help from Gao Xian is a timely and prudent move, which can at least prevent Xiangji bank from becoming the first victim of the overseas trust bank shock and the banking crisis.
Gao Xian deployed overnight to mobilize HK $50 million in cash from Gaoyi bank to support Xiangji bank.
Ye Licheng, general manager of Gaoyi bank, did not have the slightest doubt, because even from the perspective of business, Xiangji No. 1 and Gaoyi No. 1 have a close relationship in recent years, which not only has the basis of watching and helping each other, but also has the need for group development.
Moreover, Gaoyi knows the situation of Xiangji bank very well. The biggest problem is that the headquarters building built has caught up with the previous peak stage of Xiangjiang real estate industry, consuming HK $300 million, about half of the shareholders' funds. Therefore, in case of accidents, it is hard to pay.
This does not hinder the fact that Xiangji bank is still a high-quality asset as a whole. As long as its own people sincerely help, it will be bright in the past, and everyone will be more united in the future.
Early the next morning, ye Licheng personally sent HK $50 million in cash to the headquarters building of Xiangji bank, which also sent a signal to the outside world. Behind Xiangji bank, Gaoyi bank has the support of Gaoyi bank, and Gaoyi bank has strong strength. Depositors don't need to worry about the risk of having money from Xiangji bank.
Just after ten o'clock, ye Licheng came back from Xiangji bank and reported to Gao Xian.
Gao Xian said with a smile, "I thought you would help stabilize the situation at Xiangji bank. You would be kept by Ma Sheng for dinner near noon."
"Ma Sheng is really enthusiastic about staying, but I think his family has a lot of time to get together. I'd better make time as much as possible to see what's not in place for tomorrow's favorable bank to take over the chairman of Xiangjiang Bank Association." Ye Licheng explained: "besides, I specially intended to turn around the business department of Xiangji bank, and the scene was fairly stable."
Gao Xian glanced at Thursday, December 30, 1982, which was turned on the desk calendar, and said leisurely, "as the undercurrent is surging now, I can feel that the days next year will be very tense."
The two were chatting. The assistant hurried in to report that Jiahua bank was squeezed. Xiangjiang Banking Association and the financial secretary of the Hong Kong government had received the report.
Ye Licheng took a look at his boss and said with great style: "those who should come will come sooner or later. It's good. After we take over as chairman of Xiangjiang Banking Association, we have more reasons to implement our ideas."
Gao Xian tidied up his tie. "It's estimated that I'll go to the meeting again soon."
This is for sure. Crowding is like the plague of banking. If it is not controlled in time, it will spread everywhere and spread rapidly.
However, there is no panic, because Ka Wah Bank is a small and medium-sized bank in Xiangjiang, which is similar to Xiangji bank and less eye-catching than overseas trust banks.
It can be said that Ka Wah Bank is really inseparable from the overseas trust bank when it is squeezed. After all, it is very close to the overseas trust bank.
The founder of Ka Wah Bank was Lin Zifeng, who was very famous. However, after Lin Zifeng died in 1971, although several of Lin Zifeng's sons were not ordinary people. For example, Lin Siqi, the second son, was doing well in Canada, they were not keen on banking business. Therefore, the control of Ka Wah Bank fell to the Liu Cansong family, Taking advantage of the overheated economy in Xiangjiang in the early 1980s, it was listed and entered the fast lane of development.
The banker of Hang Lung Bank belongs to Filipino Chinese capital, the Zhang family of overseas trust bank belongs to Malaya Chinese capital, and the Liu family of Jiahua bank belongs to xingjiapo Chinese capital. After these Nanyang Chinese capital came to Xiangjiang for development, they were naturally close to each other.
But now, there are big problems in the operation of Hang Lung Bank and overseas trust bank, which are so serious that they have been taken over by the Hong Kong government. Jiahua bank, which belongs to the same circle, has greatly reduced its natural reputation. It's strange not to be caught up in the wind.
Moreover, the main customers of Ka Wah Bank are in Southeast Asia. The understanding of Xiangjiang is relatively limited, which makes people more wary.
When Gao Xian went to the meeting, he walked slowly and in no hurry. In addition to the limited scale of Ka Wah Bank, the problem is no matter how serious it is and it is relatively easy to control, there are also favorable banks. They haven't officially taken over the chairman of Xiangjiang Banking Association yet. It's a scum talk.
Besides, Huifeng became a shrinking turtle in the Hang Lung Bank Crisis and the shock of overseas trust banks one after another, forcing the Hong Kong government to take over. It is the so-called that Huifeng should do something serious again and again.
In addition, among the customers of Ka Wah Bank, overseas Chinese in Malaya and Singapore account for a considerable proportion, which also has a certain attraction to win external support.
As Gao Xian expected, when he arrived at the conference room late, he had a plan to deal with the overcrowding of Jiahua bank.
After glancing at Liu Cansong, chairman of the board of directors of Ka Wah Bank, Lin Sixian, independent director of Ka Wah Bank, Shen Bi, senior class of Huifeng bank, and the gold representative of Bank of China, Gao Xian basically knew it.
Shen Bi thought that Gao Xian appeared late and was as lazy and slippery as he had been before. He didn't care. Seizing the limelight of the first brother, he introduced: "Huifeng has decided to provide one billion standby credit for Jiahua bank together with Bank of China to restore the market's confidence in Jiahua bank."
Gao Xian glanced at Liu Cansong with a happy face, muttered in his heart, "it's time to live for a while", and then calmly and rigorously said: "From the current situation of Ka Wah Bank, different from Hang Lung Bank and overseas trust bank, the degree of crisis is the same. It is at the sandwich level. It is neither serious enough to need the government to take over, nor easy enough to deal with it independently. It is still very difficult."
"Now Huifeng has decided to join hands with the Bank of China to provide assistance to Jiahua bank, which will quickly calm the squeeze suffered by Jiahua bank and release a positive signal to the outside world."
Liu Cansong, who was told by Gao Xian's "sandwich layer", nodded and echoed: "Sir Gao's words are very true. Jiahua bank has been caught off guard. Fortunately, Huifeng and BOC are willing to lend a helping hand."
Next, Shen Bi's words were a little pondered, "in two days, Yili bank will officially take over the chairman of Xiangjiang Banking Association. At that time, sir Gao will preside over the overall situation. We can all breathe a sigh of relief."
The high string like a mirror in my heart smiled and calmly replied, "I feel that I have a heavy task and a long way to go."
It has to be said that Ma Jingxi's request for help from Gao Xian is a timely and prudent move, which can at least prevent Xiangji bank from becoming the first victim of the overseas trust bank shock and the banking crisis.Gao Xian deployed overnight to mobilize HK $50 million in cash from Gaoyi bank to support Xiangji bank.Ye Licheng, general manager of Gaoyi bank, did not have the slightest doubt, because even from the perspective of business, Xiangji No. 1 and Gaoyi No. 1 have a close relationship in recent years, which not only has the basis of watching and helping each other, but also has the need for group development.Moreover, Gaoyi knows the situation of Xiangji bank very well. The biggest problem is that the headquarters building built has caught up with the previous peak stage of Xiangjiang real estate industry, consuming HK $300 million, about half of the shareholders' funds. Therefore, in case of accidents, it is hard to pay.This does not hinder the fact that Xiangji bank is still a high-quality asset as a whole. As long as its own people sincerely help, it will be bright in the past, and everyone will be more united in the future.Early the next morning, ye Licheng personally sent HK $50 million in cash to the headquarters building of Xiangji bank, which also sent a signal to the outside world. Behind Xiangji bank, Gaoyi bank has the support of Gaoyi bank, and Gaoyi bank has strong strength. Depositors don't need to worry about the risk of having money from Xiangji bank.Just after ten o'clock, ye Licheng came back from Xiangji bank and reported to Gao Xian.Gao Xian said with a smile, "I thought you would help stabilize the situation at Xiangji bank. You would be kept by Ma Sheng for dinner near noon.""Ma Sheng is really enthusiastic about staying, but I think his family has a lot of time to get together. I'd better make time as much as possible to see what's not in place for tomorrow's favorable bank to take over the chairman of Xiangjiang Bank Association." Ye Licheng explained: "besides, I specially intended to turn around the business department of Xiangji bank, and the scene was fairly stable."Gao Xian glanced at Thursday, December 30, 1982, which was turned on the desk calendar, and said leisurely, "as the undercurrent is surging now, I can feel that the days next year will be very tense."The two were chatting. The assistant hurried in to report that Jiahua bank was squeezed. Xiangjiang Banking Association and the financial secretary of the Hong Kong government had received the report.Ye Licheng took a look at his boss and said with great style: "those who should come will come sooner or later. It's good. After we take over as chairman of Xiangjiang Banking Association, we have more reasons to implement our ideas."Gao Xian tidied up his tie. "It's estimated that I'll go to the meeting again soon."This is for sure. Crowding is like the plague of banking. If it is not controlled in time, it will spread everywhere and spread rapidly.However, there is no panic, because Ka Wah Bank is a small and medium-sized bank in Xiangjiang, which is similar to Xiangji bank and less eye-catching than overseas trust banks.It can be said that Ka Wah Bank is really inseparable from the overseas trust bank when it is squeezed. After all, it is very close to the overseas trust bank.The founder of Ka Wah Bank was Lin Zifeng, who was very famous. However, after Lin Zifeng died in 1971, although several of Lin Zifeng's sons were not ordinary people. For example, Lin Siqi, the second son, was doing well in Canada, they were not keen on banking business. Therefore, the control of Ka Wah Bank fell to the Liu Cansong family, Taking advantage of the overheated economy in Xiangjiang in the early 1980s, it was listed and entered the fast lane of development.The banker of Hang Lung Bank belongs to Filipino Chinese capital, the Zhang family of overseas trust bank belongs to Malaya Chinese capital, and the Liu family of Jiahua bank belongs to xingjiapo Chinese capital. After these Nanyang Chinese capital came to Xiangjiang for development, they were naturally close to each other.But now, there are big problems in the operation of Hang Lung Bank and overseas trust bank, which are so serious that they have been taken over by the Hong Kong government. Jiahua bank, which belongs to the same circle, has greatly reduced its natural reputation. It's strange not to be caught up in the wind.Moreover, the main customers of Ka Wah Bank are in Southeast Asia. The understanding of Xiangjiang is relatively limited, which makes people more wary.When Gao Xian went to the meeting, he walked slowly and in no hurry. In addition to the limited scale of Ka Wah Bank, the problem is no matter how serious it is and it is relatively easy to control, there are also favorable banks. They haven't officially taken over the chairman of Xiangjiang Banking Association yet. It's a scum talk.Besides, Huifeng became a shrinking turtle in the Hang Lung Bank Crisis and the shock of overseas trust banks one after another, forcing the Hong Kong government to take over. It is the so-called that Huifeng should do something serious again and again.In addition, among the customers of Ka Wah Bank, overseas Chinese in Malaya and Singapore account for a considerable proportion, which also has a certain attraction to win external support.As Gao Xian expected, when he arrived at the conference room late, he had a plan to deal with the overcrowding of Jiahua bank.After glancing at Liu Cansong, chairman of the board of directors of Ka Wah Bank, Lin Sixian, independent director of Ka Wah Bank, Shen Bi, senior class of Huifeng bank, and the gold representative of Bank of China, Gao Xian basically knew it.Shen Bi thought that Gao Xian appeared late and was as lazy and slippery as he had been before. He didn't care. Seizing the limelight of the first brother, he introduced: "Huifeng has decided to provide one billion standby credit for Jiahua bank together with Bank of China to restore the market's confidence in Jiahua bank."Gao Xian glanced at Liu Cansong with a happy face, muttered in his heart, "it's time to live for a while", and then calmly and rigorously said: "From the current situation of Ka Wah Bank, different from Hang Lung Bank and overseas trust bank, the degree of crisis is the same. It is at the sandwich level. It is neither serious enough to need the government to take over, nor easy enough to deal with it independently. It is still very difficult.""Now Huifeng has decided to join hands with the Bank of China to provide assistance to Jiahua bank, which will quickly calm the squeeze suffered by Jiahua bank and release a positive signal to the outside world."Liu Cansong, who was told by Gao Xian's "sandwich layer", nodded and echoed: "Sir Gao's words are very true. Jiahua bank has been caught off guard. Fortunately, Huifeng and BOC are willing to lend a helping hand."Next, Shen Bi's words were a little pondered, "in two days, Yili bank will officially take over the chairman of Xiangjiang Banking Association. At that time, sir Gao will preside over the overall situation. We can all breathe a sigh of relief."The high string like a mirror in my heart smiled and calmly replied, "I feel that I have a heavy task and a long way to go."
