Great Wall Group suddenly increased its "investment" in Mao Zige. This intensity was very large. The first capital alone exceeded one billion, which was still US dollars.

It seems that they are very optimistic about the economic development of Maozi Country.

Among them, the most eye-catching performance is that a steady stream of foreign exchange funds began to flow out of the Great Wall Bank's account and into the new account of the Great Wall Bank.

Great Wall Bank has finally begun to explore the Eastern European market.

It's fast and fierce right from the start.

Of course, Great Wall Bank has been internationalizing for many years. They have already opened business outlets in Fuso and Citigroup. For many people who do business or work overseas, their first choice and most trusted bank is Great Wall Bank.

Now, what is different from the past is that Great Wall Bank has finally opened business outlets in several major cities in Maozi, and they have allocated a large amount of foreign exchange funds to support the development of banking business.

Thanks to the fact that Xiangjiang is one of the three major financial centers in the world, and with the support of charter kings and Hong Kong tycoons, Great Wall Bank has no shortage of U.S. dollars in its deposits, it just lacks good investment channels.

To this end, Shen also designed a financial management product, which was aimed at developing the Eastern European market. This product was much more reliable than those financial management products of later generations.

Of course, banks can also provide financing and loans themselves.

Therefore, Great Wall Bank used US dollars as collateral to borrow a large amount of rubles from the National Bank of Mao Zedong to purchase various supplies. Moreover, the loan agreement stated that the loan would be repaid after a few years, and the money returned would still be rubles.

Not dollars.

Great Wall Bank's actions were so impressive that even Uncle Ge knew about Great Wall Group's deeds and said with appreciation that Great Wall Group was very discerning.

Mr. Shen was very worried about Uncle Ge's appreciation. Therefore, the Great Wall Group could only release news that they were very optimistic about the future of Mao Zedong's economic development, so they actively deployed the Eastern European market. This was a very important part of the development of the Great Wall Group.

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However, political propaganda is all the business of the upper class. Now for ordinary people, they can finally use Great Wall Bank money to do business in Maozi Country, which is very good.

After all, bartering is never that convenient.

Given the appeal and influence that Great Wall Group has accumulated in the past, everyone is still very convinced of Great Wall Bank.

Great Wall Bank has lived up to this trust and performed very well. It was decided from the very beginning that all Chinese people can open accounts here and conduct free exchanges at Great Wall Bank.

Regarding this, everyone burst into tears, and many people were saying: You should have come a long time ago!

In recent years, bad men have been active in Eastern Europe and Mao Zedong for a long time. They have indeed made a lot of money here, but the risks are also very high. In many cases, they have the life to make money but not the life to spend.

Among them, there are thieves who steal money, there are robbers who steal money, and there are also various checkpoints along the way where you have to take cards. If Great Wall Bank could come here earlier to start business, how much money can we save? How much more money can we make?

Now, Great Wall Bank's business has expanded to Eastern Europe. These scammers finally don't have to carry large sums of cash back home. The security alone is worthy of praise.

At Great Wall Bank, rubles can not only be exchanged for RMB, but also for U.S. dollars. They can even be directly deposited in Great Wall Bank's foreign exchange account like traders in Shenzhen, and domestic loans can be traded in RMB.

This is already an old routine of Great Wall Bank, but this trick is really useful, and many banks are imitating it, but they have not grasped the needs of customers and have not imitated the essence.

Even, with the help of Great Wall Bank, they have a way to avoid exchange rate losses.

After all, the current exchange rate of RMB against the US dollar is 3.8 to 1, while the black market rate is 10 to 1. This is more than double the exchange rate gap.

Nowadays, everything in China is double-tracked, even the exchange rate is "double-tracked", which is really uncomfortable.

Of course, it was 1993 when the country really liberalized exchange rate convertibility. That year, the RMB/USD exchange rate fell to 8.6 to 1 as soon as the gate was opened.

However, despite being non-toxic, this is also the moment when the RMB is least “valuable”.

From then on, the RMB slowly began to appreciate, until it was six to seven yuan to one.

Compared with domestic banks, the biggest advantage of Great Wall Bank is that everything here is simple and flexible. They even charge no fees for remittances to other places.

But this is the first time that banks can remit money for free.

Moreover, Great Wall Group also has great advantages compared with foreign banks of the same type.

At least, when businessmen borrow money to buy things in China, the approval speed is very fast, and they don’t have to worry about Great Wall Bank’s insufficient RMB liquidity.

Although Great Wall Bank does not have the authority to issue currency, it does have the business of Great Wall Group to take care of it. The amount of RMB deposited by Great Wall Group and their suppliers is enough for Great Wall Bank to make various payments.

Therefore, through these means, you can make more money, and Great Wall Bank can also make more money.

They even estimated that they could earn much more through banking business alone than the Great Wall Group could earn from trading in person.

Of course, things have their pros and cons. Great Wall Bank's move has indeed made it easier for "bankrupts" and they can make a lot of money themselves. However, the income of state-owned banks has decreased.

Nowadays, many businesses that rely on overseas remittances are suddenly not so bright.

In particular, Great Wall Bank actually charges no handling fees for long-distance remittances. This is too exaggerated.

State-owned banks have strong opinions on this.

This is the same as when Alipay first appeared. Such a flexible and vicious payment method should not have been developed!

Now not only the banks, but also the government cannot sit still. What is the Great Wall Bank going to do with such a large amount of foreign exchange to invest abroad?

You know, the Great Wall Group has mobilized more than 1 billion US dollars in funds this time. This is all real money. If it were all invested domestically, how many officials could be promoted.

However, Shen Guanglin couldn't say that Brother Mao Zi couldn't stand it any longer. I came here just to make a quick buck, and I would soon return to China to continue developing the economy.

I really can’t say this.

It's time to talk to someone Shen.

Perhaps no one knows who Great Wall Bank and Great Wall Group really belong to, but everyone knows that Shen Guanglin has a strong voice, and he is the most powerful person.

Therefore, now that Shen Guanglin has appeared in Xiangjiang, many people have begun to arrange their itinerary.

No, it's time for Lao Li to step in. Although he appears to be retiring, he is not old yet and can still continue to work.
Chapter completed!