In 1944, the Pacific Struggle was drawing to an in depth. In Thailand, three Chinese language businessmen led by Chen Bi needed to ascertain a home registered financial institution known as Bangkok Financial institution.　On December 1, 1945, Bangkok Financial institution obtained a business financial institution enterprise license.

In 1952, the whole belongings of Bangkok Financial institution reached 100 million baht, and on the finish of 1960 it elevated to 880 million baht. In the identical 12 months, Bangkok Financial institution had greater than 800 workers, 19 home branches, and 6 abroad branches, together with two Hong Kong branches and one every in Singapore, London, Kuala Lumpur and Tokyo.

In 1976, the variety of abroad branches elevated to 14.

In accordance with the historic improvement, this head workplace is situated in Bangkok, Thailand. The privately-controlled Bangkok Financial institution will surpass Thailand’s state-owned banks, Thailand’s largest business financial institution, and turn into Thailand’s largest business financial institution with whole belongings of 51 billion. Greenback.

And turn into the seventh most essential regional financial institution in Southeast Asia!

And Bangkok Financial institution can develop to the peak of the long run, founder Chen Bicheng contributed probably the most!

Below Chen Bicheng’s administration, Bangkok Financial institution has turn into Thailand’s financial pillar. In 1983, the US “Finance” journal listed Bangkok Financial institution as one of many world’s 12 largest business banks. In 1984, Chen Bicheng was listed because the world’s twelve richest folks.

Among the many 16 Thai banks and 14 international banks within the nation, Bangkok Financial institution’s deposits, loans and whole belongings are the most important within the nation. Its scale of operations accounts for greater than one-third of the whole variety of 30 banks in Thailand.

Chen Bi is a local. In accordance with the 1985 situation of “Asia is Leaping” by the Island Financial Information Company, his household fortune is estimated to be US$2.2 billion, rating first among the many ten richest males in Asia on the time. Among the many 12 richest bankers on the earth revealed by the US “Finance” month-to-month journal in 1983, Chen Bicheng was named on the listing. He was chosen because the Excellent Banker of the Yr 1982 by the world-renowned monetary and banking journal “Asia”.

All that is inseparable from his rules of life and deeds.

His “using folks don’t doubt that individuals don’t use” technique of employment, let the workers of Bangkok Financial institution actively work onerous and willingly sweat for the corporate.

Each entrepreneur has his personal method of enterprise, and Chen Bicheng’s enterprise philosophy is totally different. He mentioned: “Opening a financial institution is for enterprise, not simply monetary enterprise. Once I choose whether or not a enterprise is possible, I simply observe the client, his previous and his household.”

Subsequently, in Southeast Asian international locations, many rich people have acquired help from Bangkok Financial institution initially of their careers. This act of giving cash within the snow has received the friendship of the richest folks for Bangkok Financial institution. Wealthy folks in every single place are keen to cooperate with Bangkok Financial institution. Bangkok Financial institution has enterprise dealings and all depend on Bangkok Financial institution for working capital.

This virtuous circle has made Bangkok Financial institution a snowball.

Sadly, simply final 12 months, Chen Bicheng handed the place of the president of Bangkok Financial institution to the outdated worker Huang Wenbo on account of private causes, and he himself retreated behind the scenes.

In fact, he can safely retreat behind the scenes, one is due to his well being; the opposite is as a result of, in Thailand, the inspiration of Bangkok Financial institution has been established and it’s firmly within the overlord place; the third purpose is a very powerful, that’s, his son Probably the most excellent, his second son Chen Youhan has entered the board of administrators of Bangkok Financial institution as a vice chairman. After a couple of years of tempering, he’ll succeed Huang Wenbo and turn into the president of Bangkok Financial institution. Huang Wenbo is only a transition.

Though Chen Bicheng retreated behind the scenes, Bangkok Financial institution continues to be creating in accordance with his will.

As a result of Bangkok Financial institution has established its home basis in Thailand, its abroad growth has turn into the first purpose of Bangkok Financial institution.

In Southeast Asia, Hong Kong is a very powerful financial and monetary heart, adopted by Singapore.

For that reason, Chen Bicheng despatched his eldest son, Chen Youqing, to Xiangjiang to care for the Xiangjiang Business Financial institution he opened.

Hong Kong Business Financial institution, in truth, holds part of the shares in Bangkok Financial institution. It may be mentioned that it’s a department of Pangu Financial institution. In Hong Kong, it continues the aim of Bangkok Financial institution and tries its greatest to assist Chinese language businessmen and make them develop higher.

Adhering to his father’s administration strategy, Chen Youqing’s character can be very calm and sort, so even in Xiangjiang, which has greater than 300 branches of banks and monetary establishments and large competitors strain, Xiangjiang Business Financial institution can nonetheless function properly.

Not way back, Hu Xian borrowed 10 million Hong Kong {dollars} from the Hong Kong Business Financial institution to be able to construct the Sing Tao Information Company and working firm. At the moment, Chen Youqing personally agreed to lend the cash.

At the moment, though the “Sing Tao Each day” was impacted by the “Feng Yun Each day”, a collection of manipulations of the explosive improvement of public opinion after the “Feng Yun Each day” had not but occurred, so after evaluation, Chen Youqing believed that Sing Tao Information Group nonetheless had a battle. Energy.

Furthermore, the aim of the Hu Xian mortgage is to construct the Sing Tao Information Company. So long as it’s constructed, even when there may be strain from Jiuding Information, it will probably nonetheless be greater than self-sustaining.

What he did not count on was that the next improvement was fully past his expectations. Jiuding Information Company made a giant acquisition and development, however Sing Tao Information Group made a faint transfer. There was an enormous hole at first, and now it’s altering. , The hole has additional widened, and Sing Tao Information Group is at stake.

On this method, the mortgage he put out is harmful.

Chen Youqing had to concentrate to the ten million Hong Kong greenback mortgage, so he despatched somebody to research and analyze it.

Within the workplace of the president of Xiangjiang Business Financial institution, 46-year-old Chen Youqing learn the evaluation and investigation report he handed in, frowning barely.

For a very long time, he gently put down the evaluation and investigation report, and mentioned to himself with some exclamation: “It is tough. Now the worth of Sing Tao Information Group has shrunk vastly, and over time, 90% of it might go additional. shrink.”

Pondering of the mortgage he launched, Chen Youqing felt a little bit helpless.

When Sing Tao Information Company got here to mortgage, Chen Youqing gave Sing Tao Information Company a valuation of fifty million Hong Kong {dollars}, however he gave Hu Xian the remedy of an eight-tier mortgage. Hu Xian borrowed 10 million Hong Kong {dollars} and mortgaged it. 25% of Sing Tao Information Company’s shares.

However at present, earlier than Jiuding Information is about to launch a siege, the gross sales of “Sing Tao Each day” have fallen by greater than 100,000 copies in a couple of months, and the worth of Sing Tao Information Group has shrunk to lower than 40 million Hong Kong {dollars}. .

In different phrases, Hu Xian’s mortgage of 25% of the shares in his financial institution is already value lower than 10 million Hong Kong {dollars}. Even when curiosity isn’t included, it has already suffered a loss.

And anybody with a discerning eye can see that with the completion of the rectification of the 4 newspapers acquired by Jiuding Information, all the Sing Tao Information Group might be affected in all elements, and the gross sales of the 2 newspapers will additional lower.

His loss might be even larger.

So one of the simplest ways now could be to recuperate the mortgage cease loss, or let Hu Xian signal a brand new mortgage settlement to extend the mortgaged shares.

“President, or we…”

The supervisor standing in entrance of Chen Youqing spoke.

However as quickly as he spoke, Chen Youqing knew what he needed to say, and shook his head and interrupted: “Don’t do that for now, issues haven’t reached the purpose the place they’re irreversible. If we do that now, we’ll simply fall into hassle, and our fame might be affected. .”

The supervisor nodded silently, after which requested: “The president, what ought to I do subsequent, please instruct.”

Chen Youqing contemplated for a second, then slowly mentioned: “Sing Tao Information Company’s worth is greater than our mortgage quantity in spite of everything. Hu Xian is one other lady. Let’s not push too onerous, simply take a look at it first.”

“I am afraid that Sing Tao Information Group additionally borrowed cash from different banks earlier than ~ ​​www.seynovel.com ~ We do not know what the whole mortgage quantity is now. Even when we do not take any motion, different banks will do…”

The supervisor could not assist however mentioned.

In fact, Chen Youqing has thought-about this level, however what he values ​​extra is the fame he has gathered over the previous few a long time. Now he has solely simply made a loss and isn’t but on the stage of his debt assortment, so he shook his head and mentioned, “This matter we When you don’t get began, simply observe it for a month or two, except it’s irretrievable, however you need to ship somebody to concentrate, go.”

“Okay!”

The supervisor nodded in response, after which slowly exited the president’s workplace.

After his subordinates had been pushed out, Chen Youqing regarded again on the plaque with the phrases “Be form to others” held on the wall, and as soon as once more decided his strategy.

“Good luck, hope different banks is not going to pressure you…”

For a very long time, Chen Youqing mentioned to himself, then stopped eager about it and devoted himself to his work.