Chapter 766: First Chop and Then Prelude (Ask for Subscription!)

Next.

Both sides began to prepare materials.

But three days.

All the information was submitted to the Thai government.

Unlike the United States and other developed countries in the West, developing countries are very strict 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.

I don't dare to play so many financial products and instruments yet.

There is no demand.

The market is naturally cold.

Moreover, because their own currency risks are also very large, it is even more impossible for people to open banks casually, especially Southeast Asian countries, which have suffered heavy losses in several financial crises, have a rather unpositive attitude towards the financial industry.

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

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

Finally, the Bank of Thailand's approval process will be followed, which is all in a word 'complicated'.

In these three days.

The related public relations aspects are also being carried out at the same time.

Thailand is basically not a big problem, during this time Wangsa's family holds the share of fruit wine, and the network of contacts in Thailand is all over the top, although many are not deep, but it is still easy to find someone.

Not necessarily for support.

That's too obvious.

It's still a big favor.

Just hope that the critical moment will not object.

It stands to reason that Wangsa's family should do their best, but Nima, their family is not the royal family of Thailand, how can they negotiate such a 'clear' matter with the president and vice president of Thailand.

Two words to avoid suspicion.

They are also to be observed.

。。。。。。

February 23.

Burmese scab.

Naypyidu.

Morning.

Lang Cai urgently convened a meeting for a motion from zero.

"Deputy Zero, why haven't you told us about this before?" Lang Cai asked.

After seeing this report yesterday morning, he immediately asked people to check it and found that Zero had already started operating in Thailand without telling him in advance, which made Lang Cai a little angry.

Such a big thing.

There was not a single word beforehand.

It's a prelude.

I don't take him seriously.

But... It seems to be quite in line with Zero's habit.

Come to think of this.

Lang Cai was a little speechless.

Why did he accept it so quickly, and think about it, is there still a lot of things that Zero does to do this? Every time he does this, he counts it, and every time he succeeds, it makes Lang Cai feel like he is endorsing.

"Ladies and gentlemen, I would like to state at the outset that the Bank of Myanmar is an independent regional banking institution with the right to expand its general banking business on its own and does not need to file and apply to the Bank of Myanmar for such a matter.

Of course, there must be a reason why the Bank of Myanmar is doing this, and the information you have is the trade data between the Myanmar-Asia Special Economic Zone and Thailand during this period, and it is still increasing every month, and it is expected to exceed 10 billion Asian dollars soon.

However, the previous trade settlement has always been with the Bank of Myanmar, which means that the Bank of Myanmar will bear the currency risk and at the same time prepare enough foreign currency reserves to communicate with the two sides of the trade.

And now the problem has arisen, in the bilateral trade between the Myanmar-Asia Special Economic Zone and Thailand, our trade has been in a state of deficit, and with the depreciation of the kyat, customers who used to settle in the kyat have thrown the kyat to us in exchange for the baht, and now, our baht reserves have basically bottomed out.

As a result, the Bank of Myanmar decided to abandon its function as a currency transit and apply to Thailand for the opening of a bank, so that it could obtain financing from the Bank of Thailand and solve the dilemma of the lack of Thai baht in the Bank of Myanmar. ”

Zero explanation.

Once again, Lang Cai's point of view was confirmed.

This guy really doesn't fight uncertain battles.

Look.

Now.

and directly dumped the pot to the currency depreciation of Burmese.

And for good reason.

I don't have Thai baht anymore, and Thai businessmen's money is flowing back in large quantities, resulting in the Bank of MyanAsia not having enough baht to exchange for people, and now the Bank of Myanace's solution is to pull the Bank of Thailand in and solve this problem.

"Don't you have renminbi and dollars?" said Quinton suddenly.

His logic is very simple, you don't have Thai baht, don't you have yuan and US dollars?

Zero looked at Quinton coldly.

Quinton was taken aback.

There are many people who hold the same view as him, but they don't show it, so as not to be embarrassed later.

"Deputy Quinton, foreign currency reserves represent the solvency of the Bank of Myanmar, especially the stable currency, and I don't think it is wise to spend it on the issue of helping Thailand. Zero said lightly.

Quinton thought for a moment.

It seems to be too.

The cause of this incident is the depreciation of the Burmese dollar, and a large number of Thai businessmen who hold the Kyat's and Asian dollars have returned their funds.

Right now.

Zero doesn't want to take risks anymore.

I want to pull the Bank of Thailand into the water.

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

"Ahem, that, Zero Deputy Chief, the reason is very good, I understand, but is the Thai baht really depleted so fast? Lang Cai couldn't find a reason to refute.

But it's a bit embarrassing to just go along with zero's intentions.

This last sentence is certainly not from the heart.

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

What does the Bank of Myanya get in exchange?

Kyat?

Pull it down, this is not a loan, what are you doing with it.

The Asian dollar seems to be useless in its hands, and as for the yuan and the dollar, the zero will agree to exchange it for the Thai baht, which is equivalent to saying that this sentence is the same as going to the leader's house to give gifts.

Other people's families are happy, and before the meal, they politely asked, "Eat together, just have more pairs of chopsticks." ’。

If you really stay.

That's a mallet.

"No, I just need you to agree to open a new Kyat settlement channel for the branch of the Bank of Myanmar, as well as communicate with the Bank of Thailand, so as to facilitate the opening of this branch as soon as possible and solve the problem of trade settlement as soon as possible. Zero said.

"That's fine. Lang Cai immediately agreed.

It's just a small thing.

It just feels a little weird.

On what basis did Thailand agree, is this not an obvious loss, is it a great righteousness?

Until two days later.

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

Positive for two days.

Thailand's proposal turned out to be half of the settlement of the Myanmar-Asia Special Economic Zone in the Asian dollar.

And for good reason.

The kyat is still depreciating when I hold it.

But the future of Yayuan is also a little uncertain.

One and a half.

Suitable.

Lang Cai can't say anything, because in the past two days, the Burmese side has been very active in promoting this cooperation, and the attitude is very 'sincere'.

Talk.

To talk.

Lang Cai didn't want to lose like that.