Chapter 887 - Huge Withdrawals!

Under the stunned gaze of the bigwigs, Ye Hao picked up his mobile phone and dialed Guo Jinhua, chairman of Huaxia Bank, again.

At this moment, Guo Jinhua is in the conference room of Huaxia Bank's headquarters in the imperial capital, with several senior vice presidents, holding a meeting to study matters related to Ye Hao.

A few minutes ago, Ye Hao just entrusted him to transfer 10 billion US dollars from Huaxia Bank's private account.

10 billion US dollars, which is not a small amount, is converted into Huaxia coins, nearly 70 billion Huaxia coins. Several other senior vice presidents of Huaxia Bank called Guo Jinhua one after another to ask what was going on, as soon as they found out that there had been such a huge transfer of deposits in the bank.

Guo Jinhua had just gathered these vice presidents and reported the specific situation of this huge remittance, and before he could discuss what to do next, he received a call from Ye Hao.

Guo Jinhua saw that it was Ye Hao's call again, so he hurriedly interrupted the meeting and connected the phone.

He thought that there was something wrong with the $10 billion remitted just now, so as soon as he came up, he said nervously,

"Ye Dong, the $10 billion you asked us to remit for you, we have already helped you transfer the full amount to the bank account of the Ao Island Grand Sands Casino. What, did something go wrong in the process?"

"No problem! I'm looking for you, not for the remittance just now, but for you to help me transfer another amount!"

Ye Hao said.

"What?!Didn't I just remit $10 billion for you?Isn't it enough?!"

Guo Jinhua's heart sank suddenly.

He already knew that Ye Hao was participating in the World Gambling King Competition, and the $10 billion he had just remitted was used to exchange for casino chips. But he never expected that only a few minutes later, Ye Hao came to him again to ask for transfer and remittance.

Could it be that Ye Hao has already lost all the $10 billion just now? !

Wo grass, Ye Dong is too good at squandering, right?!

When Guo Jinhua was shocked, Ye Hao said on the phone again,

"How can I spend $10 billion in such a small amount of money? You can help me transfer another $50 billion to the bank account of the Grand Sands Casino, and I will have to exchange some chips with them!"

"What?!50 billion dollars?!"

Guo Jinhua was dumbfounded at that time.

50 billion US dollars, converted into Huaxia coins, but a full 350 billion Huaxia coins!

The biggest headache is that the liquid cash reserves of their Huaxia Bank are not that much at all now!

The main way for banks to make profits is to absorb deposits from the public and then lend them to commercial customers, so as to earn the difference in interest on deposits and loans. Therefore, under normal circumstances, banks would not leave such a large amount of deposit funds idle in bank vaults. For example, most of Ye Hao's 800 billion Huaxia coins deposited in Huaxia Bank have been lent out by Huaxia Bank.

According to Huaxia's banking regulations, the central bank will generally require major banks to deposit a corresponding amount of funds in the central bank's treasury according to the deposit reserve ratio of about 8 percent, in case of emergency.

Taking Huaxia Bank as an example, the bank's annual total public and private deposits are about 3 trillion US dollars, that is, about 21 trillion Huaxia dollars, which is the bank with the highest amount of deposits among the top ten banks in Huaxia. According to the central bank's 8% reserve requirement ratio, Huaxia Bank will deposit 240 billion US dollars, or 1.7 trillion Huaxia coins, in the central bank's coffers for emergencies.

However, Huaxia Bank's reserves in the central bank are not something that Huaxia Bank can use casually!

He must apply to the Central Bank for a reasonable reason for the withdrawal of a large amount of money, and then it can be withdrawn after the approval of the Governor of the Central Bank.

Huaxia Bank's liquid cash reserves in its own vault are only about $30 billion. If it's a daily public withdrawal, this is basically enough. After all, for most ordinary citizens, they save more and spend less, and generally do not withdraw so much money at once. Even if it is a large enterprise that needs to pay huge business expenses, it is far from such a large order of magnitude.

However, Ye Hao's situation at the moment is really special!

Just a few minutes ago, Ye Hao had just transferred $10 billion from Huaxia Bank, which had already cost Huaxia Bank one-third of its liquid cash reserves.

Now, Ye Hao has proposed to withdraw 50 billion US dollars at one time, how can Guo Jinhua not be dumbfounded?

Together, these two withdrawals are $60 billion!

Converted into Huaxia coins, it is 420 billion Huaxia coins!

In Guo Jinhua's decades of banking career, he has never encountered such a terrible thing!

Such a large amount of withdrawals is a disaster for the bank!

Ye Hao saw that Guo Jinhua's side suddenly didn't move, and after waiting for a few seconds, he impatiently urged again,

"Guo Dong, why don't you speak? I'm still anxious to wait for the money!"

Guo Jinhua came back to his senses and hurriedly said,

"Ye Dong, cough cough, you, that, cough cough, what .......?"

Because he was so flustered, he stammered when he spoke, and he couldn't express his meaning for a long time.

In the Chinese financial circles, Guo Jinhua is also a senior boss and a well-known outstanding banker. He has always been a calm and capable person, and he has never been so out of shape as he is today.

Guo Jinhua didn't know what was wrong with him, not only did he not speak very well, but he was also sweating profusely.

Ye Hao was a little unhappy.

"Guo Dong, what's the matter with you? Why did you suddenly stutter when you spoke? Can you straighten your tongue and say? I don't even know what you're talking about!"

"Ahem, cough, I'm sorry, I'm really sorry! That, well, Ye Dong, I mean, don't you gamble so much? Gambling is not a hobby, I don't know how many big bosses are planted in the casino, and they lose their families and jump to their deaths! I advise you, it's better to stop in time!"

Guo Jinhua wiped the sweat from his forehead, and finally expressed the meaning completely.

When he said this, on the one hand, he was really thinking about Ye Hao, and he didn't want Ye Hao to lose so much money in the casino, and on the other hand, it was also because it was difficult to raise enough funds in a short period of time to meet Ye Hao's withdrawal needs.

However, he didn't dare to say directly to Ye Hao that their bank couldn't come up with so much cash at once.

For banks, whenever a customer makes a request for withdrawal, they should fully and promptly meet it. This is especially true for an extremely important customer like Ye Hao.

Who opened a bank and dared to say that he had no money?!

Banks live on credibility, and if the news of a customer's withdrawal request being rejected is spread, the next day, the bank's door will be broken by countless customers who come to run!

"Guo Dong, don't be verbose. I know you mean well, but how do you know that I'm going to lose? On the contrary, I'm telling you, I'm going to win this game!"

Ye Hao said.

"No, Ye Dong, listen to me......"

Guo Jinhua broke out in a hot sweat again.

Ye Hao frowned and directly interrupted Guo Jinhua,

"Listen to you, Guo Dong, I'm waiting for the $50 billion bet now! By the way, your bank doesn't have so much cash reserves, right?"

Ye Hao finally began to suspect that there was a problem with Huaxia Bank's fundraising.

"How come? We are the largest bank in China! The total assets of our bank exceed $3 trillion!"

Guo Jinhua immediately denied it.

"In that case, then you should send me the $50 billion as soon as possible! Be quick, no more than five minutes at most, do you hear?"

Ye Hao said.

"Ahem, yes, yes!"

Guo Jinhua had no choice but to agree to come down.

(End of chapter)