Chapter 760

next.

Both sides began to prepare materials.

Only three days.

All the information was submitted to the Thai government.

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

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

There is no demand.

The market is naturally cold.

Moreover, because of its own currency risk, it is impossible for people to open a bank at will. Especially in Southeast Asian countries, which have suffered a lot from several financial crises, their attitude towards the financial industry is not very positive.

This matter can only be discussed and approved by the Thai government first.

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

Finally, the approval process of the Bank of Thailand will be followed. In a word, it is "complex".

In these three days.

At the same time, relevant public relations are also going on.

Thailand is basically not a big problem. During this period, the Wangsa family controlled the share of fruit wine, and the network of relations in Thailand was all over the country. Although many of them were not deep, it was easy to find people.

You don't have to ask for support.

That's too obvious.

It's still a big favor.

Just don't object at the critical moment.

It is reasonable to say that the Wangsa family should do their best. However, NIMA, their family is not the royal family of Thailand. How can they negotiate with the president and vice president of Thailand about such a "clear" matter.

Avoid suspicion.

They also have to abide by it.

。。。。。。

February 23.

Myanmar.

Nebidu.

Morning.

Lang Tsai held an emergency meeting for a motion of zero.

"Vice President zero, why didn't you tell us about this before?" Lang Cai asked.

After reading the report yesterday morning, he immediately asked people to check it and found that zero had already started operation in Thailand. He didn't tell him in advance, which made langcai a little angry.

Such a big thing.

There was no news in advance.

There's a cut before you play.

I don't care about him.

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

Think of it.

Langcai is a little speechless.

Why did he accept it so quickly? In retrospect, is there still few things that zero does? Every time I do this, I'll forget it. Every time I succeed, I feel like I'm endorsing it.

"Ladies and gentlemen, first of all, I would like to make a statement that the Bank of Myanmar is an independent regional banking institution, which has the right to independently expand general banking business. It does not need to file and apply to the Central Bank of Myanmar for such matters.

Of course, there must be a reason for the Bank of Myanmar to do so. The information you have is the trade data between the special economic zone of Myanmar and Thailand during this period, and it is still increasing every month. It is estimated that it will soon exceed 10 billion Asian dollars.

However, the previous trade settlement has always been in the Bank of Myanmar, which means that the Bank of Myanmar will not only bear the currency risk, but also have to prepare enough foreign currency reserves to exchange to the trading parties.

Now there is a problem. In the bilateral trade between Myanmar Asia Special Economic Zone and Thailand, our trade has been in a deficit state. With the depreciation of the Myanmar dollar, customers who used to settle in Myanmar dollars have thrown us Myanmar dollars in exchange for Thai baht. Now, our Thai baht reserve base has bottomed out.

So the Bank of Myanmar decided to give up its function as a currency transfer and apply to Thailand to open a bank, so that it can obtain financing from the Bank of Thailand and solve the problem of lacking baht in the Bank of Myanmar. "

The explanation of zero.

It confirms langcai's viewpoint again.

This guy really doesn't fight an uncertain battle.

Look.

Now.

It also directly devalued Myanmar's currency.

The reason is also very good.

I don't have Thai baht any more, and the money of Thai businessmen is flowing back in a large amount, which leads to that the Bank of Myanmar doesn't have enough Thai baht to exchange for others. Now the solution of the Bank of Myanmar is to bring in the Bank of Thailand to solve this problem.

"Don't you have RMB and US dollars?" Kunton said suddenly.

His logic is very simple. You don't have Thai baht. Don't you have RMB and US dollar? To give it to others is that they can directly exchange it into Thai baht with a bank in Thailand. It's perfect.

It's like watching quenton coldly.

Kunton was taken aback.

There are many people who share his views, but they don't show them, so as not to be humiliated later.

"Deputy chief kunton, foreign currency reserves represent the cashing capacity of the Bank of Myanmar, especially the stable currency. I don't think it's wise to spend them on helping Thailand." Zero light said.Kunton thought about it.

I think so.

The cause of this is the devaluation of the kyat.

The Central Bank of Myanmar does not accept the return of funds from Thai businessmen who hold a large number of kyat and yawon. The Bank of Thailand can accept it, but there will be losses. They absolutely will not accept a large amount of exchange.

Now.

Zero doesn't want to take all the risks.

Want to pull the Bank of Thailand into the water.

It's like... It's a good thing.

"Cough, that, zero deputy chief, the reason is very good, I understand, but is the consumption of Thai baht really so fast? Shall we support the Bank of Myanmar? " Langcai has no reason to refute.

However, it seems that it is a bit humiliating to have followed zero's meaning.

This last sentence is certainly not from the heart.

Give the baht of the Central Bank of Myanmar to the Bank of Myanmar.

What will the Bank of Myanmar exchange for?

Kyat?

Pull it down. It's not a loan. What can we do with it.

It doesn't seem that it's useful for Ya Yuan to hold it in his hand. As for RMB and US dollars, the zero meeting agreed to exchange them for Thai baht. That's the same as going to the leader's home to give gifts.

Other people's family were happy. Before dinner, they politely asked, "if you eat together, you'll have more chopsticks.".

If you do stay.

That's a gavel.

"No, I just need you to agree to open a new channel of kyat settlement for the branch of Bank of Myanmar, and to communicate with the Bank of Thailand, so as to facilitate the opening of this branch 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 should Thailand agree? It's not obvious that Thailand will suffer losses. Is it justice?

Until two days later.

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

I've been active for two days.

Thailand's proposal is that half of the settlement of the Myanmar Asia special economic zone should use Asian dollar.

There's a good reason.

I'm still devaluing the kyat.

But the future of Yayuan is a bit uncertain.

Half for one.

Right.

Lang Tsai can't say anything, because Myanmar has actively promoted this cooperation in the past two days, and the attitude is very "sincere". In this case, Thailand has put forward the conditions, and Myanmar can't lift the table.

Talk.

I want to talk about it.

Langcai doesn't want to lose like this.