Chapter 240： Big bank family

In 1944, the Pacific War was drawing to a close. In Thailand, three Chinese businessmen led by Chen Bi wanted to establish a domestic registered bank called Bangkok Bank.　On December 1, 1945, Bangkok Bank obtained a commercial bank business license.

In 1952, the total assets of Bangkok Bank reached 100 million baht, and at the end of 1960 it increased to 880 million baht. In the same year, Bangkok Bank had more than 800 employees, 19 domestic branches, and 6 overseas branches, including two Hong Kong branches and one each in Singapore, London, Kuala Lumpur and Tokyo.

In 1976, the number of overseas branches increased to 14.

According to the historical development, this head office is located in Bangkok, Thailand. The privately-controlled Bangkok Bank will surpass Thailand’s state-owned banks, Thailand’s largest commercial bank, and become Thailand’s largest commercial bank with total assets of 51 billion. Dollar.

And become the seventh most important regional bank in Southeast Asia!

And Bangkok Bank can grow to the height of the future, founder Chen Bicheng contributed the most!

Under Chen Bicheng's management, Bangkok Bank has become Thailand's economic pillar. In 1983, the US "Finance" magazine listed Bangkok Bank as one of the world's 12 largest commercial banks. In 1984, Chen Bicheng was listed as the world's twelve richest people.

Among the 16 Thai banks and 14 foreign banks in the country, Bangkok Bank’s deposits, loans and total assets are the largest in the country. Its scale of operations accounts for more than one-third of the total number of 30 banks in Thailand.

Chen Bi is a native. According to the 1985 issue of "Asia is Leaping" by the Island Economic News Agency, his family fortune is estimated to be US$2.2 billion, ranking first among the ten richest men in Asia at the time. Among the 12 richest bankers in the world published by the US "Finance" monthly magazine in 1983, Chen Bicheng was named on the list. He was selected as the Outstanding Banker of the Year 1982 by the world-renowned financial and banking magazine "Asia".

All this is inseparable from his principles of life and deeds.

His "employing people do not doubt that people do not use" method of employment, let the employees of Bangkok Bank actively work hard and willingly sweat for the company.

Every entrepreneur has his own way of business, and Chen Bicheng's business philosophy is different. He said: "Opening a bank is for business, not just financial business. When I judge whether a business is feasible, I just observe the customer, his past and his family."

Therefore, in Southeast Asian countries, many wealthy individuals have received support from Bangkok Bank at the beginning of their careers. This act of giving money in the snow has won the friendship of the richest people for Bangkok Bank. Rich people everywhere are willing to cooperate with Bangkok Bank. Bangkok Bank has business dealings and all rely on Bangkok Bank for working capital.

This virtuous circle has made Bangkok Bank a snowball.

Unfortunately, just last year, Chen Bicheng passed the position of the president of Bangkok Bank to the old employee Huang Wenbo due to personal reasons, and he himself retreated behind the scenes.

Of course, he can safely retreat behind the scenes, one is because of his health; the other is because, in Thailand, the foundation of Bangkok Bank has been established and it is firmly in the overlord position; the third reason is the most important, that is, his son The most outstanding, his second son Chen Youhan has entered the board of directors of Bangkok Bank as a vice president. After a few years of tempering, he will succeed Huang Wenbo and become the president of Bangkok Bank. Huang Wenbo is just a transition.

Although Chen Bicheng retreated behind the scenes, Bangkok Bank is still developing according to his will.

Because Bangkok Bank has established its domestic foundation in Thailand, its overseas expansion has become the primary goal of Bangkok Bank.

In Southeast Asia, Hong Kong is the most important economic and financial center, followed by Singapore.

For this reason, Chen Bicheng sent his eldest son, Chen Youqing, to Xiangjiang to take care of the Xiangjiang Commercial Bank he opened.

Hong Kong Commercial Bank, in fact, holds a part of the shares in Bangkok Bank. It can be said that it is a branch of Pangu Bank. In Hong Kong, it continues the purpose of Bangkok Bank and tries its best to help Chinese businessmen and make them develop better.

Adhering to his father's management approach, Chen Youqing's personality is also very calm and kind, so even in Xiangjiang, which has more than 300 branches of banks and financial institutions and huge competition pressure, Xiangjiang Commercial Bank can still operate well.

Not long ago, Hu Xian borrowed 10 million Hong Kong dollars from the Hong Kong Commercial Bank in order to build the Sing Tao News Agency and operating company. At that time, Chen Youqing personally agreed to lend the money.

At that time, although the "Sing Tao Daily" was impacted by the "Feng Yun Daily", a series of manipulations of the explosive development of public opinion after the "Feng Yun Daily" had not yet occurred, so after analysis, Chen Youqing believed that Sing Tao News Group still had a battle. Power.

Moreover, the purpose of the Hu Xian loan is to build the Sing Tao News Agency. As long as it is built, even if there is pressure from Jiuding News, it can still be more than self-sustaining.

What he didn't expect was that the subsequent development was completely beyond his expectations. Jiuding News Corporation made a big acquisition and growth, but Sing Tao News Group made a faint move. There was a huge gap in the beginning, and now it is changing. , The gap has further widened, and Sing Tao News Group is at stake.

In this way, the loan he put out is dangerous.

Chen Youqing had to pay attention to the ten million Hong Kong dollar loan, so he sent someone to investigate and analyze it.

In the office of the president of Xiangjiang Commercial Bank, 46-year-old Chen Youqing read the analysis and investigation report he handed in, frowning slightly.

For a long time, he gently put down the analysis and investigation report, and said to himself with some exclamation: "It's difficult. Now the value of Sing Tao News Group has shrunk greatly, and over time, 90% of it may go further. shrink."

Thinking of the loan he released, Chen Youqing felt a little helpless.

When Sing Tao News Corporation came to loan, Chen Youqing gave Sing Tao News Corporation a valuation of 50 million Hong Kong dollars, but he gave Hu Xian the treatment of an eight-tier loan. Hu Xian borrowed 10 million Hong Kong dollars and mortgaged it. 25% of Sing Tao News Corporation’s shares.

But today, before Jiuding News is about to launch a siege, the sales of "Sing Tao Daily" have fallen by more than 100,000 copies in a few months, and the value of Sing Tao News Group has shrunk to less than 40 million Hong Kong dollars. .

In other words, Hu Xian's mortgage of 25% of the shares in his bank is already worth less than 10 million Hong Kong dollars. Even if interest is not included, it has already suffered a loss.

And anyone with a discerning eye can see that with the completion of the rectification of the four newspapers acquired by Jiuding News, the entire Sing Tao News Group will be affected in all aspects, and the sales of the two newspapers will further decrease.

His loss will be even greater.

So the best way now is to recover the loan stop loss, or let Hu Xian sign a new loan agreement to increase the mortgaged shares.

"President, or we..."

The manager standing in front of Chen Youqing spoke.

But as soon as he spoke, Chen Youqing knew what he wanted to say, and shook his head and interrupted: “Don’t do this for now, things have not reached the point where they are irreversible. If we do this now, we’ll just fall into trouble, and our reputation will be affected. ."

The manager nodded silently, and then asked: "The president, what should I do next, please instruct."

Chen Youqing pondered for a moment, then slowly said: "Sing Tao News Corporation's value is more than our loan amount after all. Hu Xian is another woman. Let's not push too hard, just look at it first."

"I'm afraid that Sing Tao News Group also borrowed money from other banks before ~ ​​www.novelhall.com ~ We don't know what the total loan amount is now. Even if we don't take any action, other banks will do..."

The manager couldn't help but said.

Of course, Chen Youqing has considered this point, but what he values ​​more is the reputation he has accumulated over the past few decades. Now he has only just made a loss and is not yet at the level of his debt collection, so he shook his head and said, "This matter we If you don’t get started, just observe it for a month or two, unless it is irretrievable, but you have to send someone to pay attention, go."

"Ok!"

The manager nodded in response, and then slowly exited the president's office.

After his subordinates were pushed out, Chen Youqing looked back at the plaque with the words "Be kind to others" hung on the wall, and once again determined his approach.

"Good luck, hope other banks will not force you..."

For a long time, Chen Youqing said to himself, then stopped thinking about it and devoted himself to his work.