Chapter 0340 Conception of Snake Swallowing Elephant
People from the bank came. Not only did several tellers come, but also a vice president. After receiving the call, the latter drove himself and arrived in just a few minutes. He hurried into the factory office and asked, "
Where’s the $100,000 in cash?”
The factory office was busy. When the professionals arrived, they immediately got out of the way and became quiet for a while. The factory director and the factory committee were joking with Zhou Qingfeng, while the factory accountant was counting money.
"Stop, stop, let us do it professionally."
When they saw that there were real green notes, several people at the bank were very excited and quickly took over the task of counting and verifying the banknotes. How could the accountant in the factory be willing to do this? They had to go through everything themselves first.
The suitcase is full of hundred-dollar bills. Ten thousand dollars is just one hundred pieces, or ten thousand stacks. It won’t take long to count them, but it’s a bit troublesome to check the bills.
Nowadays, banknote detectors have not yet become popular, and foreign currency banknote detectors have even disappeared. The foreign currencies usually used in Tianyang City are usually allocated by superiors. This is the first time that Zhou Qingfeng has illegally carried a large amount of foreign currency cash.
But no one mentioned the "illegal carrying" matter, and everyone tacitly agreed not to mention it. The bank staff carefully screened each US dollar bill to ensure that it was not a counterfeit bill.
Halfway through the banknote inspection, the vice president who arrived gradually felt confident and said cheerfully to Zhou Qingfeng: "Mr. Zhou, just deposit this foreign exchange with us."
"You're kidding." The director of the printing factory smashed the table and refused in unison, "Deposit it in our factory's own internal account first. We are also considering purchasing some better imported equipment recently to better develop foreign trade."
The vice president was angry: "You are setting up a small private treasury, which is against the regulations on foreign exchange management and will make mistakes. This foreign exchange must be deposited in the bank, and we can give you a higher interest rate."
"Don't even think about it. If the money goes to you, we won't have any share."
"You are unorganized and undisciplined, and do not consider the overall situation."
Both the printing house and the bank said, "You say it, I say it." Each one was louder than the other, and they started to quarrel in the blink of an eye. Zhou Qingfeng stood up quickly to calm down, raised his hand to press down, and said cheerfully: "Don't be anxious, don't be anxious, foreign exchange is not just about this.
.”
yes!
The vice president's eyes lit up, and he immediately settled the matter. There was too little foreign exchange, and everyone was used to grabbing it. Regardless of whether they got it or not, it would be politically incorrect not to grab it, and they would be blamed when they went back.
But with Zhou Qingfeng's words, everyone realized - the real owner is here, why bother?
"President Zhou, how much foreign exchange do you have in your hand?" The vice president enthusiastically took Zhou Qingfeng's hand, "Please tell me, it will make me happy. If you make a fixed-term deposit with our bank, I will give you ten points.
Interest."
The interest rate of ten points is quite exaggerated, but in the 1990s, every bank had the task of attracting deposits, let alone foreign exchange. In order to attract deposits, all kinds of crooked ways have appeared. The black material was exposed, which will definitely be shocking in future generations.
eyeball.
Zhou Qingfeng laughed, "I registered a company called 'Shengguang Technology Co., Ltd.' in Hong Kong. This company's business has exploded recently and its assets have increased rapidly. There are tens of millions more foreign exchange in the company's account. I plan to...
..”
Upon hearing "tens of millions", the vice president tightened Zhou Qingfeng's sleeves, lowered his voice and asked: "President Zhou, do you want to remit this money?"
"Oh, this is the foreign exchange management regulations." Zhou Qingfeng continued to laugh.
The vice president's voice was even lower, "We mainly control the outflow of foreign exchange, but the inflow can still be discussed. If there is really tens of millions of foreign exchange." At this point, he specifically asked, "Is it Hong Kong dollars or US dollars?"
Zhou Qingfeng said softly, "There are Hong Kong dollars, US dollars, and Japanese yen, and they are all in the tens of millions."
Are they all in the tens of millions?
The little sweetheart of everyone in the factory, trembling Youyou.
The vice president gritted his teeth and said cruelly, "There are really tens of millions of dollars. I will risk my life to guarantee them. If they are deposited in our bank, nothing will happen to them. I can give you an annual interest rate of fifteen points."
The annual interest rate of fifteen points is almost comparable to that of a loan shark.
But anyway, the annual interest rate is calculated based on soft sister currency, and a hundred points is still soft sister currency. The vice president’s abacus is accurate. The country’s total foreign exchange reserves are now only more than 10 billion US dollars, and he, a regional governor, can increase it by a thousandth
1. What does high interest rate mean?
Superiors will only praise and not criticize.
The vice president felt that the annual interest rate of fifteen points was the upper limit he could offer, but Zhou Qingfeng wanted more than that. His thoughts were always different from others. "If I want foreign exchange as collateral,
What about the loan?”
Mortgage? What kind of trick is this?
The vice president couldn't figure out Zhou Qingfeng and was very confused. The latter continued: "If I deposit 10 million US dollars in cash in your bank, can it be mortgaged?"
"Of course." The vice president had no doubts. Foreign exchange cash is the best collateral, much better than any mortgage property. "We can give you low-interest or even interest-free loans."
"So how many soft sister coins can be used as collateral for a loan of 10 million U.S. dollars in cash deposits?" Zhou Qingfeng asked.
This question is very knowledgeable.
The vice president was calculating rapidly in his head. He calculated the exchange rate first, then the loan discount, but quickly overturned the calculation. The boss in front of him obviously did not want to take the ordinary path. He did not dare to think or make a decision.
, I can only ask tentatively...
"Mr. Zhou, how much do you want to borrow?"
"I want to borrow more, and if I can't repay it, can I..." Zhou Qingfeng didn't finish his words thoroughly, he just stopped there.
The vice president shouted in his heart, ‘I wish you couldn’t repay’.
Wait...does this guy really not want to repay it?
Others are racking their brains to get foreign exchange, but why does this owner seem to have too much foreign exchange and want soft sister coins?
The vice president's mind suddenly flashed and he immediately said: "It's definitely impossible not to repay. But the loan period can be longer and the interest can be lower or even interest-free."
He almost said directly, "Mr. Zhou, just get a thirty-year interest-free mortgage loan. Anyway, I will definitely retire in thirty years. As long as I can get foreign exchange, anything can be done."
Thirty years? It won’t take thirty years at all, not even three years.
Zhou Qingfeng knows one thing very well. In the 1990s, domestic currency issuance surged, and prices and wages were rising rapidly. What he has to do now is to spend his cash in every possible way, and it is best to take on debt at low interest rates.
Convert all funds and debts into assets. The simplest one is real estate, followed by the acquisition of various antiques and works of art at home and abroad. In ten years, the value of these assets will definitely increase ten times or even dozens of times.
Even if you don’t buy fixed assets, you can still buy gold. The price of gold will skyrocket in the next ten years. In short, the currency will undergo a world-wide depreciation, and holding currency is a very loss-making thing.
In the early 1990s, 10,000 yuan could buy half a house in a big city. In ten years, you can only buy a toilet. In another ten years, you may not even be able to buy a place to stand. Money must be spent to be valuable.
, if you don’t spend it, it’s just waste paper.
Zhou Qingfeng's original intention was to borrow money at a premium and borrow more soft coins to spend. But the vice president said it would not work without exchanging, which made him hesitate. So he thought of a better idea.
"You should have a lot of collateral on hand, right? For example, the assets of many state-owned enterprises."
"What do you mean?"
"If I use foreign exchange to purchase non-performing assets mortgaged in the bank, can I get a discount?"
"This..., a discount?" the vice president took a breath of air.
This Lord really dares to think, he wants to 'snake the elephant'!