Rebirth of the Super Banking System

Next.

Both parties began to prepare materials.

But three days.

All the information was submitted to the Thai government.

Unlike the United States and other western developed countries, developing countries have harsh conditions for opening banks, mainly in terms of financial development. Western countries have become more prosperous, while in developing countries, they have just solved food and clothing and are rushing to a well-off society.

I still dare not play so many financial products and tools.

There is no demand.

The market is naturally cold.

Moreover, because of its own currency risks, it is even more impossible for people to open a bank casually. In particular, Southeast Asian countries, which have suffered big losses during several financial crises, have a rather negative attitude towards the financial industry.

This matter can only be approved by the Thai government after discussion.

Then the relevant departments jointly reviewed and submitted it to the Thai government for review and approval.

Finally, the approval process of the Bank of Thailand will be followed. In short, it is the word ‘complex’.

In these three days.

Relevant public relations are also going on at the same time.

Basically, there are no big problems in Thailand. During this time, Wangsa's family controlled the share of fruit wine. The network in Thailand is all over. Although many are not deep, it is still easy to find people.

Not necessarily asking for support.

That's too obvious.

Still a big favor.

Just ask for no opposition at the critical moment.

It stands to reason that Wangsa's family should do their best, but Nima, their family is not the royal family of Thailand, how can they discuss such ‘clear’ matters with the Thai presidents and vice presidents?

Two words to avoid suspicion.

They also have to comply.

. . . . . .

February 23rd.

Burmese.

Nebido.

morning.

Langcai convened an urgent meeting for a motion of zero.

"Lieutenant Chief, why didn't you tell us about this before?" Lang Cai asked.

After seeing the report yesterday morning, he immediately asked people to check it and found that Zero had actually started operations in Thailand. He didn't tell him in advance, which made Lang Tsai a little angry.

Such an important matter.

There is no news in advance.

Then came a cut first and then played.

Also put him in his eyes.

but. . . It seems to be in line with the habit of zero.

Thought of this.

Long Cai was a bit speechless.

Why did he accept it so quickly? Recall that there are few things that Zero does this way? It doesn't matter if I do this every time, and every time I succeed, it makes Lang Tsai feel like he is endorsing.

"Everyone, let me first state one point. The Bank of Myanmar is an independent regional banking institution with independent rights to expand general banking business. It does not need to file and apply to the Bank of Myanmar for such matters.

Of course, there must be a reason for the Bank of Myanmar to do this. The information in your hand is the trade data between the Myanmar Special Economic Zone and Thailand during this period, and it is still showing an increasing trend every month, and it is expected to break through soon. Ten billion Asian dollars.

However, the previous trade settlement has always been with the Bank of Myanmar, which means that while the Bank of Myanmar will bear currency risks, it must also prepare enough foreign currency reserves for dialogue with both sides of the trade.

But now the problem has arisen. In the bilateral trade between the Myanmar-Asia Special Economic Zone and Thailand, our trade has always been in a state of deficit, and with the depreciation of the kyat, customers who used to settle the kyat have tossed the kyat to us in exchange for it. Thai baht, now, our Thai baht reserve has basically bottomed out.

Therefore, the Bank of Myanmar decided to abandon its function as a currency transfer and filed an application with Thailand to open a bank, so that it could obtain financing from the Bank of Thailand and solve the plight of the Bank of Myanmar lack of Thai baht. "

Zero explanation.

Once again confirmed Lang Tsai's point of view.

This guy does not fight an uncertain battle.

Take a look.

This time.

It also directly devalued Myanmar's currency.

The reason is also very good.

I don’t have Thai baht anymore, and Thai businessmen’s money is returning in a large amount. As a result, the Bank of Myanmar does not have enough Thai baht to be exchanged for others. Now the solution of Bank of Myanmar is to bring the Bank of Thailand in to solve this problem.

"Don't you have RMB and U.S. dollars?" Quinton said suddenly.

His logic is very simple. If you don't have Thai baht, don't you have RMB and US dollars? If you give it to others, you can directly exchange it into Thai baht from a Thai bank. It's perfect.

Zero looked at Quinton coldly.

Quinton was taken aback.

There are still many people who hold the same views as him, but they have not shown it, so as not to be ashamed of waiting a while.

"Deputy Chief Quinton, foreign currency reserves represent the ability of the Bank of Myanmar to pay, especially the stable currency. It is not wise to be consumed in helping Thailand in this way." Ling said lightly.

Quinton thought for a while.

It seems to be too.

The cause of this incident was the depreciation of the kyat and the return of funds from Thai merchants holding a large number of kyats and Asian dollars. Those people are not accepted by the Bank of Myanmar. Thai banks can accept them, but there will be losses. They absolutely will not agree. A large number of exchanges.

right now.

Zero doesn't want to take risks anymore.

Want to pull the Bank of Thailand into the water.

like. . . That's a good thing.

"Ahem, that, zero deputy chief, the reason is very good, I understand, but the consumption of Thai baht is really so fast? Do you want us to support the Bank of Myanmar~www.wuxiaspot.com~Lang Tsai can't find a reason to refute it.

However, it seems that it is a bit embarrassing that the meaning of zero is so smooth.

The last sentence is of course not from my heart.

Give the Baht from the Bank of Myanmar to the Bank of Myanmar.

What is the Bank of Myanmar for?

Kyat?

Pull it down, this is not a loan, what does Burman use for?

It seemed useless to hold the Asian Yuan in his hand. As for the RMB and the U.S. dollar, Zero Club agreed to exchange them for the Thai baht before he saw a ghost. It was equivalent to saying that this sentence would go to the leader's house to give a gift.

The other family members were happy. Before the meal, they asked politely, ‘Eating together, it’s just a pair of chopsticks. ’.

I really want to stay.

That's a mallet.

"No, I only need you to agree to open a new Myanmar Kyat settlement channel for the branch of Bank of Myanmar, and communicate with the Bank of Thailand to facilitate the opening of this branch as soon as possible, and solve the problem of trade settlement as soon as possible." Zero said.

"This is no problem." Langcai agreed immediately.

It's just a small thing.

It just feels a little strange.

Why did Thailand agree? This is not an obvious disadvantage. Is it righteous?

Until two days later.

The news from Thailand made Lang Tsai seem to understand something.

Active for two days.

Thailand’s proposal turned out to use Asian dollars for half of the settlement of the Myanmar-Asia Special Economic Zone.

The reason is very good.

My kyat is still depreciating.

But the future of Yayuan is also a bit uncertain.

half each.

appropriate.

Lang Tsai can't say anything, because the Myanmar side has been very active in facilitating this cooperation in the past two days, and the attitude is very ‘sincere’. In this case, Thailand has put forward the conditions, and Myanmar has not been able to lift the table.

talk.

Want to talk.

Lang Tsai was reluctant to just lose like this.