Just that afternoon, there were long queues at all the Bank of Keelung's business offices. The impact of Quinn Pasper's extradition to Xiangjiang was too great. Many customers who saved money in the Bank of Keelung were worried that their money would not be safe in the Bank of Keelung.
For safety, everyone wants to withdraw the money and put it in other banks.
Yuan Tianfan in Malaysia has not rested either. They have already secretly laid out some plans, and the current situation that Keelung Bank is facing is a good time for him to take action.
At the Kuala Lumpur headquarters of Tianyu Bank, Yuan Tianfan is presiding over a high-level meeting of the Lee Group to make arrangements for Bank of Kuala Lumpur.
Yuan Tianfan said: How is it going with our people making deposits at Keelung Bank these days?
The deputy financial director said: Yuan Sheng, we have hundreds of employees opening accounts and depositing money in Bank of Jilong. As long as we start, it will be enough to run out of funds in one business location of Bank of Jilong.
Yuan Tianfan then asked them to get started, and at the same time prepare for the subsequent publicity work. Once this business point cannot withdraw cash, publicize it immediately, and be sure to set the pace.
The Lee Group acted very quickly. Immediately after the meeting, many people changed out of their work clothes, put on their usual clothes and went to a business point in the West District of Kuala Lumpur to withdraw money.
There are already some people queuing up here. They all came here after learning about the news that Quinn Pasper was extradited to Xiangjiang, ready to withdraw their money from the bank and deposit it in another bank for peace of mind.
The Pasbo family was well prepared for this wave of turmoil. They knew very well that after Quinn's accident, some customers would definitely come to withdraw money. For this reason, they specially prepared some extra cash for each business location to avoid accidents.
The business point has no money to withdraw.
It's a pity that they didn't know that Yuan Tianfan had made a plan inside this time, and the little cash he prepared was far from being able to cope with the withdrawal of the Li Group.
At around three o'clock in the afternoon, Delonpasbo received news that the West District business office was running out of cash and needed immediate support from the headquarters.
Delong asked them to appease the customers who wanted to withdraw money, and at the same time ask the person in charge of the bank to immediately transfer funds to the West District to cope with the immediate difficulties.
It's just that his action was obviously too late. Just when the Western District business office had just run out of funds, news of the Southwest District business office also running out of funds came out.
The news that there was no money available at the Kuala Lumpur bank branches in the two districts instantly spread from these two places to the whole of Kuala Lumpur, and then spread to the whole country. Jiayi TV played an important role in this, and they conducted rolling live broadcasts comparing the news.
Coupled with the assistance of Malaysian Chinese families and Singaporean consortiums, the news of Bank of Keelung is like having wings and flying to various markets laid out by Bank of Keelung.
Especially in Kuala Lumpur, which is the first to hear the news, now there are long queues at various Bank of Kuala Lumpur branches, all hoping to withdraw the money they have deposited there, in order to prevent their own money from going into trouble after Bank of Kuala Lumpur.
All the savings were lost.
Faced with such a wave of bank runs, Delonpasbo is now feeling a lot of pressure. The funds in their bank reserves are not strong, and a large amount of funds have been released.
In particular, Yuxing Real Estate Group, which is managed by itself, has obtained a large number of loans from the Bank of Keelung to accelerate the group's expansion. At this time, there is no funds to return to the Bank of Keelung.
The estimates of lending to other groups are the same. If the run wave cannot be suppressed immediately, their bank will run out of funds within three days, and the bank will face liquidation by then.
Delonpasbo knew very well that there must be those major financial groups behind this, otherwise how could the news spread so quickly without even leaving him any time to respond.
At the high-level meeting of Bank of Geelong, Delong asked the people here for their opinions on the current situation to see if they had any solutions.
It's a pity that these high-level officials can't do anything. Either the government can come forward to support this incident. With the support of the state, this run on people will disappear.
Or they can only find strong support. As long as they have the help of a financial group with strong financial resources, they have strong funds and can survive this crisis.
The first option was directly rejected. Now that Alat Aoun is in office, he is very close to the Li Group and obviously will not help them.
Seeking strong support is what they urgently need to do. Faced with the joint action of these major financial groups, the Pasbo family alone cannot withstand their suppression. If there is no external support this time, their family may really be doomed.
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Delonpasbo asked the bank's top management to make every effort to ensure the supply of funds to each bank's business locations, and must not allow these locations to be unable to withdraw money for a long time.
And he himself is thinking about his family's goal of finding strong support. The situation his family is currently facing is not something that ordinary families dare to come in. Especially in Southeast Asia, don't think about it. No family here dares to fight with these four.
Big financial groups are challenging.
Xiangjiang is the headquarters of the Li Group and Xiangjiang Ying Capital. There is no need to worry about Baodao. The Li Group is now very influential there. The Korean group is too weak and obviously does not have the capital to compete with these four major corporations.
A head-on confrontation between the consortium.
Only Japan has the power that can turn the Pasbo family out of danger, and Japan's six major consortiums have absolute power to face the combination of these major consortiums.
My family only has a relationship with one financial group here. As long as they are willing to come forward, there is no problem in protecting the Pasbo family.
For this reason, he specifically contacted his second brother, hoping that he would go to Japan, visit several major Japanese consortiums, and seek reinforcements for the Pasbo family.
At this time, it was only appropriate to let Corpasbo go. As the helm of the family, he had to stay here to stabilize the morale of the army and deal with the attacks of several major consortiums.
Corpasbo said: Third brother, I'm afraid it will be very difficult this time. Don't worry about the Sumitomo Consortium. They have established a deep friendship with the Li Consortium. It would be good if they don't join forces with the Li Consortium to suppress us.
The main energy of other Japanese consortiums is in the United States. In response to the competition between major American consortiums, they are not willing to offend these Asian consortiums. And even if they are willing, we will probably pay a high price.
Delonpasbo also knew that it was obviously impossible for his family to get support from Japan's major consortiums without paying any price, so he himself had made some preparations.
He said: Second brother, if we don’t have reinforcements at this time, the family will have nothing. As long as we can invite the Japanese consortium to enter, our family can be preserved, and it is worth paying some price for it. What are the specific conditions required?
It's up to you to negotiate with them. The Japanese consortium has always wanted to expand its overseas market, and we can help them in this regard.
He hopes that the Japanese consortium will also enter Malaysia and compete for the market here with the Lee consortium and the Singapore consortium, the Malaysian Chinese consortium, and let them fight here as fiercely as possible. If the Li consortium and the Japanese consortium form a deadly feud
That would be even better. Both parties are powerful, and the battle between the two consortiums may last for dozens or even hundreds of years in the future.