Chapter 110, Rectify the Bank

Wibot and his wife reacted relatively quickly, and they were ready to buy the treasury bonds as soon as they were issued, and more people chose to wait and see.

In general, the middle class is the pioneer of purchases, and who can tell Bulgaria that the financial market is so conservative?

I don't even have to play with stocks, and it is difficult for most people to find other investment channels except for depositing money in the bank, so they can't speculate in real estate, right? In this era, in Bulgaria, the storage will be lost! It is not surprising to buy Treasury bonds for investment.

Nicholas noticed a strange phenomenon, that is, the Royal Bank and the Union Bank were doing well, but the Bulgarian National Bank was not interested.

This is not good, although he is not able to compete with the Royal Bank and the Union Bank, he is prepared, and for this reason, he does not hesitate to put his face on the sale of treasury bonds, and wants to tie the three together, but the gap can't be so big, right? ?

Nicholas thought to himself: "We have to find a way, otherwise the gap behind is still so big, it will make the government think that the National Bank is deliberately dismantling the Taiwan and not cooperating with the sale of treasury bonds!" When the time comes, it will definitely be a major surgery on the National Bank......"

Nicholas's political sense is still very sensitive, and at the moment of life and death, he decisively chose to convene a meeting of the bank's top management to find a way!

"Aren't you all very capable?? Now look at your performance in treasury bond sales, and then look at the performance of others!

Last week, the Royal Bank sold more than 13 million leva in government bonds, and even after deducting the 5 million leva subscribed by the king, there are still more than 8 million; As for the Union Bank of Bulgaria, they also sold more than 12 million leva.

Look at us again?? I was too embarrassed to say it, and my face was panicked!! Eight hundred eighty-eight thousand eight hundred and eighty-eight leva, a very auspicious number!! It's a pity that it's not enough for a fraction of others, so you can add me another eight!

Well, now, it's not even a tenth of the others, and the reputation that the National Bank has accumulated over the years has been wiped out by you! You all summarize the reasons for me, and hurry up and figure out a solution for me. Don't ask to surpass others, at least not too far!! ”

There was silence below, and even people who usually didn't deal with Nicholas at this time didn't dare to speak easily! The poor performance of the National Bank in the sale of government bonds, they were all stunned.

If there is no comparison between the Royal Bank and the Union Bank, it would be better to find a reason to excuse it, and now there is no need to explain anything, everything that happened shows that they are incompetent!!

……

In fact, the "excellent" performance of the National Bank has already attracted the attention of Ferdinand, who has never seen such a rotten one! After all, it is still a state-owned bank, deep-rooted, and it is not forgotten if it is surpassed by two rising stars in the sale of treasury bonds, they are open!

With so many high-quality resources, until now, there is not even a fraction of others, which is excessive! What's more, after so long, no effective measures have been taken!

Well, all the measures taken by Nicholas were ignored by Ferdinand, the point is that he had long seen that the Bulgarian National Bank was dissatisfied!!

As the only state-owned bank in Bulgaria, I didn't even figure out my main responsibilities!! Ferdinand doesn't care if it's profitable or not, but you always have to follow the country's policies, right?

Since it does not cooperate with government policies, it should always be profitable to operate purely commercially, right? If the annual profit is hundreds of thousands of leva, it is barely profitable!

But thinking about the government's hundreds of millions of funds every year, the interest of a big son has not been given, and the government has also exempted it from taxes and given a large number of preferential conditions, Ferdinand can't wait to kick it away immediately!

……

At a high-level meeting of the government in November, Ferdinand threw the question out.

Ferdinand: "Prime Minister, what is your cabinet going to do with the mess at the Bulgarian National Bank?" ”

After listening to Ferdinand's words, Konstantin immediately understood, since the boss has been defined as a "mess", of course it is necessary to deal with it seriously!

Konstantin also has no good impression of the National Bank, especially on the sale of government bonds, which is simply a slap in the face of the government!! If it weren't for the good performance of the other two banks, he didn't know how to end up?

After sorting out his thoughts, Konstantin said solemnly: "Your Excellency, the problems of the Bulgarian National Bank have been around for a long time, the management system is chaotic, the internal problems are serious, and they have rotted to the roots!"

As an example, the three major banks in Bulgaria undertook the sale of government bonds not long ago, and up to now, more than half a month has passed, we can compare:

The Royal Bank's treasury bond sales channel is 18,750,000 leva; Union Bank's sales of treasury bonds were 19,680,000 leva; The sales of the national bonds of the National Bank are 3.56 million a day!

From the above data, we can see that there are serious problems in the National Bank, and it is imperative to rectify the National Bank!! ”

Listening to Konstantin's words, everyone was slightly surprised, the sales of treasury bonds are going well, if it weren't for the National Bank dragging its feet, maybe the first batch of treasury bonds would have been sold now!

None of the people present at the office opposed the issue of rectifying the National Bank, they were all promoted after Ferdinand, and the chain of interests in the National Bank had little to do with them, so naturally they could not come out and oppose it.

Boris Kristoff, head of the anti-corruption bureau, can't sit still, since the big anti-corruption campaign a few years ago, they have never had a chance to make a big move, after all, stability during development overrides everything!

Now the opportunity has come, how bad the Bulgarian National Bank is, apart from themselves, it is Boris who knows the most, and it can be said that a whole bunch of problems can be found casually.

"Your Excellency, there may be serious problems with the accounts of the Bulgarian National Bank, and I suggest that while the bank is being rectified, we will also send a special team to verify it!!" Boris said with a righteous face

After listening to Boris's words, the other people looked complicated, and they all stayed away from the Anti-Corruption Bureau. Without the sword on its head, it could be cut down at any time. Moreover, the position of the Anti-Corruption Bureau is very detached, nominally under the leadership of the government, but in fact it is directly responsible to Ferdinand, and Boris does not buy the Prime Minister's account!!

Ferdinand was very satisfied with his younger brother's cooperation, and said very sternly: "Check it for me!" Boris, your anti-corruption bureau will investigate to the end this time, no matter how many people are involved, how many big people are involved, if you catch one and count one, you will not show mercy!! If someone dares to intervene, catch it first! ”

After saying that, Ferdinand glanced at the people seated, looking very angry. In fact, Ferdinand's heart has blossomed, as soon as the government is short of money, someone will send it to the door, no wonder the ancient emperor liked to keep a few corrupt officials, it is simply the only weapon to solve the financial crisis!!

……