Five hundred and sixty-eight chapters ready to operate
Chen Hongtao smiled and shook his head: "From last year to this year, it is only the first stage of the Soviet reform. Although there will be some opportunities, reform and adjustments are relatively moderate. This year, the Soviet government has begun to allow private business activities in the form of personal labor or collaborative labor. Now the private labor law is determined, but the cooperation law involved is only a test stage. Foreign companies want to acquire assets, and it is still in a trial operation state. Although the banking industry has been liberalized, it is still extremely sensitive. Foreign capital acquisition of state-owned banks is far from as easy as imagined."
When I heard Chen Hongtao’s statement, not only Xiao Manyao, but even Bella’s expression was shocked. It was hard to imagine how Chen Hongtao, who had been unemployed all day, had a clear sense of the Soviet reform policies.
"Our Mingzhu Holdings wants to acquire the Soviet state-owned bank, and the focus is on the word "talk". If you want to choose the best, it is impossible, but picking up the remaining ones may not be without a chance. Although I don't know what the specific problem is about this oil and gas industrial bank, its framework is large enough. If something happens, it provides us with an opportunity." Chen Hongtao smiled and said to Xiao Manyao, Lin En.
After the female translator explained Chen Hongtao's meaning in a low voice, Lin En's eyes lit up.
"This oil and gas industrial bank should have a large degree of deficit and misappropriation. I heard that the president and secretary both ran away. The operation of the entire bank is not good. Now it is suppressed and handled the investigation in a low-key manner, which makes the situation even worse..." Xiao Manyao seemed not optimistic about this bank.
Chen Hongtao raised his hand and interrupted Xiao Manyao: "Only in this case can we provide us with opportunities for acquisition operations. We must not get good assets, but we can take over this mess. Lynn, you used to be an elite in the investment business management department of the holding company. For the trading company, it is your strength!"
Lin En seemed to understand what Chen Hongtao meant and nodded with a smile: "I also think this oil and gas industrial bank is a good choice. If something happens and is investigated, it will release the problems and risks of the bank itself. There will be relatively room for negotiation and acquisitions. It will be easier to get good returns when picking up rags."
Because of the translator, communication between Lin En and Xiao Manyao is no longer difficult.
"The assets of the Oil and Gas Industrial Bank are now about 600 million rubles. However, after three-party verification by the National Planning Commission, Labor and Social Issues Committee, and the National Statistical Commission, this part of the assets should drop to a large extent. At that time, as long as we can convince the investigation team and the Soviet Central Bank, there will be a great opportunity to sell this asset. Unlike most banks, the branches of the Oil and Gas Industrial Bank are mostly in remote areas such as Siberia, Volga and Ural. There are many relationship networks in them that require us to operate." Xiao Manyao took a deep breath and said.
Chen Hongtao smiled slightly: "We are businessmen, so it is normal to operate connections, not to mention that what we are doing is a serious business, and what are we afraid of? All parties who acquire the Oil and Gas Industrial Bank are contacted. You must try your best to get it. This is a good opportunity for our Century Bank to land in the Soviet Union."
"I am still very sure about this matter, and it probably won't take too long." Compared with other banks with good asset quality, Xiao Manyao is still very confident about the Oil and Gas Industrial Bank.
"Have people from the investment business department, law firm group, and comprehensive management department of the holding company come here?" Chen Hongtao asked Lin En with a smile.
"We've all come one after another, and President Hanna will also arrive in St. Petersburg today." Lynn was no longer so nervous at this time.
Chen Hongtao took the glass handed over by Xiao Manyao and took a sip of clear water: "The central bank is a point. Although the Soviet Union has begun to slowly transition from a single banking system to a secondary banking system, if our Pearl Century Bank wants to land in the Soviet Union, it is inevitable to deal with the central bank. Whether now or in the future, the central bank of the Soviet Union is of great importance to us."
As for what Chen Hongtao said, Xiao Manyao can understand more. The single banking system is composed of a central bank and a few professional banks. The central bank has many units, a huge system and a single structure, and almost takes care of all banking business. It not only manages monetary policies, currency issuance, but also carries out specific businesses such as personal savings, corporate deposits and loans.
Because of the imperfect banking system, the functions of the central bank of the Soviet Union have always been unclear. At this time, under the planned economic system, the Soviet financial institutions were managing financial business on behalf of the state, and were an administrative unit, not a market. The bank had to allocate as much money to enterprises. There was no profit target and task, the interest rate remained unchanged all year round, the bank's autonomy and self-binding were not enough, and there was no good credit foundation.
But what Xiao Manyao and Lin En didn't know at this time was that it was because of the lack of autonomy and self-binding of the central bank of the Soviet Union that breeds a lot of unpredictable tricks in it. Because of this, it laid a huge disaster for the economic turmoil in the Soviet Union.
Xiao Manyao nodded, and saw that Chen Hongtao had no more intentions, so she got up and left the royal suite with Lin En.
"The selectivity of acquiring a bank is not just one. There are too many profit nodes for this kind of burden-based state-owned assets. It is common for a secret operation to operate. Xiao Manyao had not been optimistic about this oil and gas industrial bank before, so he probably didn't expect you to choose it." Bella reminded Chen Hongtao with a smile.
"I would rather believe her, and she also needs to do this kind of thing. If you are guarding against thieves every day, it will be very painful to manage such a large family business. Since it is a business connection to discuss acquisition matters, there should be some secret operations, but it is only for us Mingzhu Holdings, not Xiao Manyao personally. Besides, with Lin En here, it is a public formal acquisition, so I am more at ease." Chen Hongtao looked at Bella deeply, as if he had met her again.
"Go out for a walk. Now the bank acquisition is about to start operating. I guess your day back to New York is not far away, right?" Bella sighed.
"Mingzhu Holdings' tremendous development opportunity in the Soviet land has not yet arrived. I believe we still have many opportunities to meet in the future." Chen Hongtao said to Bella with a smile.
"When will you go? I can help you apply for the waterway." Bella and Chen Hongtao walked down the Gothic escalator.
"Schedule it tomorrow and take off directly in St. Petersburg." Chen Hongtao smiled gently.
"You're so fast. I thought you were going to Moscow to have a walk before leaving!" Bella sighed and glanced at Chen Hongtao.
Chen Hongtao smiled and shook his head: "I'm quite relieved to have Xiao Manyao here. Now it's not time for me to come forward in person, so it's better to leave these things to her and Lin En to handle."
Seeing that there was a thought hidden in Bella's eyes, Chen Hongtao didn't say anything more, but just sat in the big garden outside the hotel for a while.
Until the female bodyguard Yang Yunhan walked to Chen Hongtao and signaled to him that Chen Hongtao had already seen Hanna come from a distance.
"I guess you still have a lot of things to deal with, so you don't have to be here with me." Chen Hongtao blinked at Bella with a smile.
Bella seemed to have noticed the arrival of the beautiful young woman, but she looked at Chen Hongtao with a little cold look, then got up and left.
"Boss, you are really good at tossing people. I just made some achievements from the European Mining Group, and you called me here." Hannah complained with her sexy lips when she arrived next to Chen Hongtao.
"I'm asking you to come here, but I believe you, I can achieve results here." Chen Hongtao waved to Hanna and smiled easily at the blonde young woman.
Compared to Xiao Manyao and Bella, Hanna was not at all. She sat on the flower bed and hugged Chen Hongtao's arm, looking very tired.
"Well, Hanna, you are getting more and more bold now, and I can't bear it. How are you doing recently?" Feeling Hanna's plump and elastic breasts, Chen Hongtao couldn't help but smile like a pig on his face.
"It's okay, I miss you very much, boss. Unfortunately, I didn't catch up with the previous battle between the company's self-operated department in the international crude oil market!" Hanna said with a heartfelt smile.
"Being a president is no better than being in the self-operated department. Now, you are also the top leader. With your ability, the self-operated department is a little too small for you." Chen Hongtao smiled at the blonde young woman with an inappropriate look on his face.
"Boss, don't coax me. This time I come over, there will definitely be nothing good." Hanna hid her hilt and smiled.
Chen Hongtao, who was bold and unbearable, said with a wicked smile on his face: "This time I came to you to help me open up the battlefield in the Soviet Union. You are very familiar with capital operations. The Soviet Union may become more and more chaotic in the future. It is a good opportunity for us to take action. At that time, not only mining, crude oil, banks, but also purchasing Soviet state-owned assets will be our goal."
Hearing Chen Hongtao's statement, Hanna looked a lot more solemn: "Boss, do you mean, may there be turmoil in the Soviet Union's economy?"
"It seems that there is this trend now, but what kind of situation will happen in the future will be taken one step at a time. You must be prepared to operate it. In the future, you will be the regional president here. Help me look forward to the business of the group under the holding company. Not only do you have to manage the business, but also manage people." Chen Hongtao gave Hanna a supportive look.
Sitting on the flower platform, Chen Hongtao introduced the situation in detail in the Soviet Union and gave Hanna some details and precautions.
(Thanks to the reward of 200 starting coins with candy in Doudou for the second update.) (To be continued...)
{Piaotian Literature www.PiaoTian.com Thank you for your support, your support is our greatest motivation}
Chapter completed!