Chapter 657 Li Wei

Latest website: The more you invest, the more preferential policies you can get. Of course, Li Weidong knows this.

Many investors will first give a very large number when negotiating investment, and ask for preferential conditions, but it is hard to say how much can be implemented in the end.

Therefore, in the statistics, there will be two figures of attracting foreign capital and actually utilizing foreign capital. Because attracting foreign capital is often just a gimmick, actual utilization of foreign capital is the real deal.

If you meet a master like Cai Jinhui who doesn't see the rabbit but not the eagle, you will definitely not be able to just rely on his mouth, and you will have to pay real money.

One billion is not a small sum for Li Weidong, at least Li Weidong can't afford so much money now.

Previously, Li Weidong's spare money was all invested in coal mines, and he also owed a large amount of loans. With the rise in coal prices, Li Weidong should also start making money.

But not long ago, a large number of coal mining equipment was updated, and all the money just earned was invested in it.

So now Li Weidong really can't get one billion.

Although Li Weidong had no money, there was money in the bank, so Li Weidong planned to go to the bank for help. He dialed the phone number of Director Sui of the bank.

After the two exchanged a few words, Li Weidong explained his intentions.

Loan? No problem, how much is Chairman Li going to borrow? Director Sui asked.

Lend one billion yuan first! Li Weidong replied.

This is not a small amount, I have to report it to the leader. Director Sui paused, then continued; But you have helped us so much before, I think the leader of the line will definitely not refuse. .

In terms of interest... Li Weidong continued.

Don't worry about the interest. I'll give you a 30% discount. There's definitely no problem. Director Sui agreed casually.

If it is placed in later generations, the person in charge of the bank at the prefectural level will be able to approve the loan of a mere one billion yuan, and there is no need to apply for it in the near future.

But it was 2003 after all. It is no exaggeration to say that one billion RMB at that time was equivalent to 10 billion RMB today.

Some people might think that,

One billion yuan at that time was definitely worth more than 10 billion yuan now.

Such a large amount of loan must be reported to the head office for approval.

As for the 30% interest, the bank must still earn it, but it will only earn less.

In the previous incident of Enron's collapse, Director Sui followed Li Weidong's judgment and sold Enron's related investments to avoid the bank's losses.

Later, Director Sui also inquired about the news from Li Weidong. Li Weidong told Director Sui that Shitong Company was about to go bankrupt on the principle of forming a good relationship.

Soon after, WorldCom filed for bankruptcy, and Director Sui also came to the door with a gift to thank Li Weidong.

Enron's bankruptcy case has been called the 9/11 incident in the US financial industry.

However, after Enron had a problem, it went bankrupt in just over 20 days, which caught many investors by surprise and didn't have time to react at all, so they were deeply injured.

After WorldCom had problems, it took more than half a year to file for bankruptcy. During this period, many investors had already run away. Although there will be some losses, it is better than losing everything.

Of course, there are also some gamblers who think that WorldCom can still come back to life and want to buy the bottom at a low price, but naturally they lose everything.

...

In the meeting room of the head office, Director Sui reported Li Weidong's need for a loan.

The amount of one billion yuan may be an astronomical sum for the following branches, but it is not too much for the head office. Director Sui feels that this report is just a walk through the process, and then the loan can be approved directly.

Director Sui, this Puppy Group wants a loan of 100 million yuan. Did you say what kind of mortgage would it take? One of them asked. The man's surname was Wang, and he was the new executive director who came by air.

The board of directors of a large bank is relatively diverse, and basically there are several executive directors, several non-executive directors, and several independent non-executive directors. Generally, the chairman and vice chairman will each serve as an executive director, and the real decision-making power is also in the hands of the executive director.

Therefore, the executive director Wang still has the right to speak.

Director Sui had no choice but to explain: Puppy Group did not provide collateral, this loan belongs to Credit Loan Express!

One billion credit loan fast? Director Wang raised his eyebrows slightly.

For large enterprises, we have always allowed the issuance of credit loans. Director Sui continued: And the Puppy Group has always been our old customer with good credit conditions and is responsible for the conditions for issuing credit loans quickly.

But the amount of one billion is really too big, I think it should be more cautious. Director Wang shook his head.

The operation of the Puppy Group has always been very good, and Li Weidong has other properties in his hands. He is capable of repaying the loan of one billion yuan. Many of our customers are not as financially as the Puppy Group, and we approve them all. Loan. Director Sui replied.

What about the interest? It's already a credit loan, so we should charge more interest! With a 30% discount, we will lose tens of millions a year! Director Wang continued.

Director Wang, it's like this. Chairman Li of Puppy Electric has helped us before. The information he provided us helped our bank avoid a lot of losses. Director Sui said.

Then Director Sui recounted the bankruptcy of Enron and the bankruptcy of WorldCom.

These are the things that happened before I came here. Director Wang snorted coldly, with a stance of disobedience.

Director Sui opened his mouth and said, Director Wang, after all, doing business is about paying attention to etiquette. Li Weidong has helped us, and we should also give him some preferential loan interest rates!

Even if it's a reciprocal exchange, it won't give him a 30% interest rate! Give him something, and get a VIP credit card of the highest level, and this favor will be repaid! Director Wang curled his lips.

As soon as these words came out, many people's eyes showed a raging color.

A person who can borrow one billion yuan will be short of something from you? Will there be a shortage of the most advanced VIP credit card? You are too whimsical!

Director Wang also felt that he had made some blunders, and then he coughed dryly to hide his embarrassment, and then said, Although I have just served as an executive director, I am not very familiar with many businesses.

But the above sent me down to serve as the executive director, just to rectify the credit loan thing. Last year, the central bank had already issued a document requesting to regulate the credit lending of banks, and this year, it has repeatedly instructed to prevent credit risks and promote the healthy development of the financial market.

As you all know, our country's commitment to joining the WTO is also related to the financial system. We Chinese have always attached great importance to promises, and in the next few years, the state will also introduce corresponding policies to achieve the promises of the year.

Therefore, the international and domestic financial situation we are facing is still relatively severe. In the future, under the guidance of the policy of expanding domestic demand, we must continue to implement a prudent monetary policy, keep the continuity and stability of the monetary policy, and maintain the good momentum of stable economic and financial development.

Therefore, we should pay more attention to and guard against the potential financial risks when money and credit grows rapidly, strengthen loan risk early warning and detection, further optimize the loan structure, and effectively prevent new loan risks!

Director Wang was worthy of being parachuted down, and he talked about the instructions of his superiors, and when they heard this, everyone could only nod and say yes.

Director Wang talked for a long time, and finally concluded that it is not recommended to approve this billion-dollar loan.

Others did not object. After all, they are executive directors, so there is no need to turn against an executive director for this matter.

Besides, Director Wang has just become an executive director. If he sings against him, he understands that he offends people.

Moreover, the interest on this loan is only 30% off, and the bank can't earn much. If it is granted to others, the full amount of interest, or some more interest, the bank can earn more.

As for the favors owed to Li Weidong, then you can only be unethical!

Anyway, it was Director Wang who didn't approve the loan. If he talked about being unethical and having no respect for exchanges in the future, it would be Director Wang who was to blame anyway. Others could even pretend to be innocent behind their backs and step on Director Wang again.

Moreover, between the bank and the enterprise, the enterprise is still begging the bank for more. The rich are the father these days, so the bank is not afraid to offend Li Weidong.

Even if Li Weidong was offended because of this matter, the bank still has many big customers, and there are still many people begging for loans, so one more is not much, and one less is not a lot.

Looking at the annual profits of various banks in later generations, thinking about how troublesome it is to apply for a loan, and even having to open a bunch of certificates to open a bank card, we know that banks have no shortage of customers for loans.

Banks have always worried that they have too little money to lend out!

Seeing that no one in the conference room was willing to speak up, Director Sui couldn't help but feel a little anxious, but other people's soft words were not enough to compete with Director Wang, the executive director.

A dignified executive director, if he is determined not to pay attention to etiquette, there is really nothing he can do!

Director Sui had no choice but to say, This Li Weidong's prediction on the economic level has always been very accurate. According to the information we have collected before, he has predicted the economic bubble in Japan and the financial crisis in Asia. In addition, Enron and WorldCom. I have just reported to the leaders.

I think we should befriend such entrepreneurs. After all, our bank has investments all over the world. For the risks of these investments, if he can give an early warning, it can help us avoid a lot of losses.

The previous bankruptcy of Enron and the collapse of WorldCom are the best examples. Hundreds of millions of dollars would have been lost if we had not avoided these two risks!

If we have a bad relationship with Li Weidong this time, he will not give us prison guards if there are similar incidents of Enron's collapse in the future, and our bank may suffer great losses.

Of course there are risks in investing, and isn't risk assessment the job of your investment department? Director Wang sneered and continued;

If you don't see the risk and you lose the bank, it's your job! Don't pass the responsibility of your job on to someone else.

Moreover, investment and lending are two completely independent departments. Why should the lending department pay for the work of the investment department?

Seeing Director Wang's resolute attitude, Director Sui shook his head helplessly and stopped arguing.

...

The loan was not approved? Li Weidong's tone was a little surprised.

Li Weidong felt that before the bankruptcy of Enron and WorldCom, he had helped the bank a lot, and even if it was to repay the favor, the bank should not have taken out a loan.

Director Sui sighed helplessly, and then said, I originally thought that this loan should be smooth, and reporting to the board of directors is just a process.

But it was rejected by a new executive director. I have also reported the things you helped us and the credit situation of your puppy group, but his attitude was very firm, that is, he did not approve!

What's the surname of this executive director? Li Weidong thought to himself whether he had sinned against him before.

The surname is Wang. Director Sui continued: Chairman Li, don't think too much about it, Director Wang should not be here for you.

It's not for me, is it still for you? Have you sinned against him before? Li Weidong asked with a smile.

No way, although Director Wang was parachuted down by air, he was also our leader in the past, how dare I offend me! Director Sui quickly shook his head and continued, I think Director Wang may be trying to use This thing stands out!

I understand! Dareqing is the loan I asked for, it's not the time. Li Weidong nodded.

There is an old saying that a new officer takes office with three fires, and a leader who is parachuted down must find a reason to stand up if he wants to avoid being overthrown. In this process, there will inevitably be a few scapegoats.

Now Li Weidong has become the scapegoat.

In order to stand up, Director Wang has no reason to worry. Li Weidong's application for a loan has come. So Director Wang simply rejected Li Weidong's loan, regardless of whether the management was reasonable or not, but the other directors gave him a face, and the prestige was established.

I've suffered an unwarranted disaster! It seems that I have to find another way! Li Weidong sighed helplessly.

It is said that doing business is about etiquette. But when encountering bank rogues, Li Weidong really can't do anything about it.

For example, leaving the counter is not responsible for this kind of thing, it is only limited to the situation that the bank's money is less. If you give too much money, it will be an unjust enrichment for the depositors, and they have to return the money, who can reason with this!

Director Sui asked, Chairman Li, can you wait a little longer for this loan? Maybe there will be a turnaround!

Turn the opportunity? The chance is not big. Li Weidong shook his head: Since Director Wang is determined to stand up for me, it is impossible to approve this loan again, otherwise, wouldn't it be a slap in the face!

Director Sui smiled slightly and said, There are other places besides the bank for loans like this!

You won't let me find usury? Li Weidong asked.

Usurance is against the law. As a financial practitioner, how can I know the law and break the law! Director Sui lowered his voice and continued:

My job may have changed recently. The above will transfer me to the China Insurance Regulatory Commission. At that time, I can stand by the way and find a way to find an insurance company to grant you this billion-dollar loan!

It's really another village! Li Weidong breathed a sigh of relief: Director Sui, I'll congratulate you in advance on Gao Sheng!