Rebirth of the Super Banking System

The word ‘may’.

Let everyone here get excited.

They don't know how much money the Myanmar Bank has now, because there is no way to calculate it.

But the amount is definitely huge, because a lot of their money is kept in Asian dollars, and private enterprises and people also make the total amount of Burmese kyats of the Bank of Myanmar so high that they can't calculate it.

The money was flowed back to the Burmese market by the Bank of Myanmar, which indirectly stimulated the economy of Burma, resulting in another profit for them. In this case, the Bank of Myanmar would act as a commercial bank.

It is not only in the ‘wild state’ where there are no deposit reserve restrictions.

It also broke the constraints of Lang Tsai’s restrictions on the Bank of Myanmar’s business in Myanmar. While stimulating the domestic economy of Myanmar, it also gave birth to a considerable economic bubble, resulting in the rate of non-governmental currency flow in Myanmar far exceeding their expectations.

However, this does not obliterate the active role of the Bank of Myanmar.

As for this side effect.

They don't take it to heart.

"I can ask the Bank of Myanmar to give low-interest loans, but I have one condition. 30% of this loan must be used to purchase products and services in the Special Economic Zone of Myanmar," said Zero.

"This is okay." Lang Tsai agreed directly. This is the usual practice. The RMB loaned to China Xia this time is not to purchase a large number of China Xia products and services. It is strange that there are no conditions.

Finished.

Lang Cai went on to say: "However, I don't think the collateral for this loan needs to be the same as Huaxia, it needs collateral." If there is a collateral, the weight of this bargaining chip will not be so heavy.

"This..." Zero Gu acted for a while, and finally nodded hard as if I had suffered a big loss: "Yes, it's all in one country, and I naturally believe in the credit of this country."

There are also two types of loans between countries.

An unsecured loan is a national credit loan.

A secured loan, such cases are relatively rare.

Although the former is unsecured, there are many conditions attached, while the latter is relatively rare.

And at home.

Local government and bank loans are basically credit loans. The guarantee is the credit of the local government. Unless a country's currency issuance rights are lost, domestic government loans have never heard of collateral.

Take China as an example.

Only local governments’ guaranteed loans require collateral. For local governments’ direct investment, if the finances are not enough, they can ask the bank directly. Generally banks will give them, and they won’t need so-called collateral.

Local government is an institution of the state.

Everyone belongs to the family.

Asking for collateral is to slap others in the face, and to do so is to offend people, and the bank is not worried that the local government will not pay the money because the local government has a lot of resources in its hands.

land.

mineral.

tax.

Therefore, the local government is not worried about owing money at all. Regardless of the increasing debt of the local government, it is so large that the local finance is not enough, but no one is in a hurry, and economists are talking about the harm.

Now Lang Tsai clearly proposes to lend to the Bank of Myanmar.

It's not that you can't take collateral.

But if you insist that you need collateral.

This is directly questioning the credibility of the government of this country. It is also because the Myanmar government does not want to print money. Lang Tsai does not want to speak here, otherwise he would not ask the Myanmar Bank to borrow money at all.

Even if zero is not borrowed.

The big deal for Lang Tsai's printing money is that it's a big deal for him.

However, Long Cai felt that Zero would not refuse.

Hear the words of zero.

Lang Cai nodded in satisfaction.

Xin Dao Ling's consciousness is still as high as ever.

He is very happy.

On the other side, it should be Tang Qing who is happy. If there is a collateral, how can Langcai and the others take a loan again next time, without the next big loan, how to complete the next plan.

No collateral.

It is to cultivate their habit of ‘painless consumption’.

Just like paying with a mobile phone or swiping a card, if you can't see real banknotes, you will feel less painful when you spend it out, and you will get used to it and become addicted. Therefore, even if Lang Tsai wants to give collateral, Tang Qing will not ask for it.

This thing.

What are you going to do?

It's not mine from now on.

You save it for me first.

"How much do you want to borrow?" Ling asked.

Lang Cai looked at the budget report in his hand, and the report at this time looked very pleasing to the eye, and even he was expecting a higher level, because the more loans he had, the more chips he had.

At that time, the loss of the Asian dollar will be greater.

After thinking about it, Lang Tsai raised his head and said, "The total number of kyats is 26,000 billion kyats. This should not be too much, it is equivalent to more than 11 billion kyats. Compared to the kyats held by the Bank of Myanmar, this It’s just a small part."

This amount is a bit more than the budget exceeded, but not too much. Anyway, borrowing money, the more the better, whether it is due to the future failure of the account, or the future inclusion of the Asian dollar into the kyat, this part of the account can be directly offset internally.

No need to pay back.

Of course, the premise is that he can win, and Lang Tsai feels that he is sure to win.

Zero pondered for a while, nodded and said, "No problem, but considering that many project funds will flow back to the Myanmar Special Economic Zone~www.wuxiaspot.com~ In order to reduce the trouble of exchange, the Myanmar Bank of Myanmar has limited kyat cash. Considering the operation of other companies and existing assets, I suggest half of them should be loaned in Asian dollars, and the rest should be paid in kyats."

Lang Cai thought for a while.

What zero says is the truth.

The Bank of Myanmar has a lot of kyats. It is conservatively estimated that there are still cash kyats of about seven trillion kyats, but there is also a lot of demand. Seeing that the zero kyats are not enough, he is inexplicably excited.

"Okay, I agree." Lang Tsai agreed with a smile.

There is such a consensus.

The next meeting is a happy situation for everyone.

All departments have obtained funds, and the interest groups behind them can continue to make huge profits.

Lang Tsai got a huge loan without printing money and solved a problem. By the way, he also had a way to check and balance the Asian dollar, but that was not enough. He needed more chips.

Suddenly, he felt that Burmese's steps could be bigger again. As for the hidden crisis, he was thrown aside by his psychological choice of victory.

And Zero finally released the largest Asian dollar loan. It was a surprise. He gave Burma's ‘first pill’ in advance, but this pill is not for curing diseases, but for relieving pain.

When the effect of the medicine disappeared, and the next time the pain occurred, they became dependent, so they could only buy medicine from him.

quickly.

End of the meeting.

Because it is a credit loan.

At the end of the meeting, the intention has been signed, and the loan contract will be formally signed when Burmese has gone through the process.

The process is naturally fast.

Without hindrance.

Three days later.

All the kyat part of the loan has come down.

All departments are happy.

The days of throwing a lot of money began.

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