Blackstone Code

"There's some trouble..."

The president of Lemar National Bank is organizing a meeting between the bank's middle and senior management. Since President Lemar expressed his dissatisfaction to the federal government, many foreign investors have begun to flee Lemar crazily.

It's just that now, the effects of these foreign capital's flight have not been immediately revealed!

As a country with a loose structure in the eyes of the president, once foreign capital flees, it will be a disaster for the country's financial market.

Maybe ordinary people don't understand this, why the flight of foreign capital will cause a disaster for Lemar's local finance.

In fact, this is not a very complicated matter. Just a bank loan is enough to cause a headache!

During the period when foreign capital is engaged in commercial activities in Lemar, all funds are stored in the National Bank of Lemar.

The National Bank has temporary access to the money until it is withdrawn, or transferred.

During this period, it is the bank's own freedom how to use the money!

Of course, in order to ensure that banks do not overuse the money and cause some unpredictable troubles, each country has a bottom line.

In areas like Lemar, where finance is not actually developed and most investments are in industry, the control over funds is slightly weaker.

At Lemar National Bank, the total loan amount cannot exceed 82% of the total deposits. Compared with the federal gap of 30%, Lemar is like there is no setting at all!

Because it will only leave at most 18% of the total loans to prevent possible runs...

The run did not happen, but the transfer of foreign capital was real!

As soon as foreign capital was transferred out, the cash flow in the bank's hands almost dried up. There was nothing that could be done about it. No one expected that the president would suddenly offend the federation, and the federation's response was so quick and violent!

By this time, it was too late to say anything.

While the National Bank requires regional banks in various regions to collect their loans, it also calls for corporate and personal loans as soon as possible.

And this is also the main business of the National Bank.

Because Lemar's financial market order is stable and the economic model is stable, there have never been problems before.

There is a problem now, and there is no better way to solve it.

The only way to relieve the financial pressure is through collection.

The president looked at the colleagues at the conference table who were very serious but could not be said to be annoying, and shook his head.

He casually threw the pen on the table, leaned back, and gave himself a comfortable posture, "Let's contact those regional banks first. There have been several large fund transfer applications recently. If we still don't approve them, , there will be trouble."

"In addition, contact the international bankers and ask them if they can give us some funds for use first."

I have applied for several large transfers before, but the National Bank has not approved the money for the time being, citing "procedural procedures" as the reason.

Fortunately, the federal people expressed their understanding of Lemar's decision last week, which eased the current bilateral situation, otherwise it would definitely have to be urgent.

If that doesn't work, you can only borrow some money from other banks temporarily, and then redeem the money after the loan is fully recovered.

In fact, this kind of borrowing and lending between banks often occurs. For example, the six major banks in the federation also often lend to each other.

The loans between them are not because they have no money, but because, for example, there are large withdrawals or inter-bank transfers in a certain area, and the cash at the branch or sub-branch is lower than the insurance amount.

It will take time to transfer the funds from the head office. In order to prevent someone from hearing some rumors and running the bank, the bank will temporarily borrow some money from the other five banks.

The loan period for this money is very short, and it can be exchanged after the money from the head office is transferred. It may be three to five days, it may be a week, or it may be ten days and a half, but it will definitely not be longer.

The Federation has a rich financial ecological environment and many strong banks, so they are not short of funds.

Due to its special financial and economic environment, there are not many financial activities in Lemar.

Sometimes stability means slowness or even backwardness!

So if the big banks in such a small country are short of money, they will actually borrow money.

Some are borrowing from neighboring countries, and some are borrowing from international bankers.

It's a bit troublesome to borrow money from banks in neighboring countries. First of all, this matter will definitely be revealed.

The bank actually has no money. This news is fatal to the bank itself. People will ask, where the hell did my money go?

So once the run breaks out, banks really can't handle the run, no bank can.

Because of this money, the bank will definitely have to divert it to other financial businesses, and it simply cannot withstand a run on it by everyone.

So borrowing money from international bankers will not let the news get out.

Those international bankers are also very tight-lipped. They know what to say and what not to say.

Gu Hao/span\u003eThe international business manager nodded immediately, "I will contact those people after the meeting."

The general manager nodded slightly, "Remember, this matter must not be revealed. Anyone who reveals it and triggers a run will be the sinner!"

At this very special time, once a run occurs, people will develop distrust in the banks and, in turn, in the country. This is not allowed to happen.

Although many of the shares of the National Bank are in the hands of capitalists, it is the ruling class that really controls the bank, otherwise it would not dare to be called the National Bank casually!

After the meeting, the president returned to his office. He hesitated for a moment, then picked up the phone and called President Lemar.

In less than half a minute, the call was connected. After the president's voice came through, a smile appeared on the president's face unconsciously.

"Yes, it's me, Mr. President. I have something I want to talk to you about, about cash reserves..."

On the phone, he carefully told how this happened, the process he went through, and the situation he was facing now.

Finally, he also told the president his solution, but he felt that it was not particularly safe.

"I mean, if something happens, can I get authorization to print an additional amount of cash?"

The National Bank has the power to issue currency, and its money printing press can be turned on as long as Lemar's government authorizes it.

They have reserves of raw materials and everything else. If they run at full power, they don't even need to borrow money from the outside world. The extra cash they print will be enough to deal with this crisis.

What the president means is to print the money first to avoid the unexpected. If something no one wants to happen does happen, this money can play a big role.

If these terrible things hadn't happened, the money would have been sealed in the vault and not used for the time being. When it was needed, the government would announce additional issuance, and the banks would be able to take out the money directly.

In general, this is a response measure to prevent any eventuality.

The president had a headache after hearing this. Many things have been bothering him recently, and he is not very sensitive to financial and economic matters. He is not very clear about the consequences of doing so.

Sometimes he felt that Poseidon was playing a joke on him, otherwise how could the situation become so bad?

Fortunately, the president's explanation was quite careful. Listening to the president's words, the president somewhat understood it.

He hesitated for a moment, but soon became less hesitant.

Compared with the international situation, what is the point of printing an additional amount of money domestically?

"I agree to your request. Let's arrange it immediately. Does this matter need to be kept secret?"

The president held the phone with both hands and said, "Yes, Mr. President."

"Okay, I understand. If you have any new information, please tell me and the authorization will be sent to you in the afternoon."

In the afternoon of the same day, two government officials sent the authorization document to the president's office for handover.

At around four o'clock in the afternoon, the coin printing factory started to work. A large amount of raw materials came in and out, and the engineers also came back to start work.

In fact, none of them knew what happened and why they suddenly wanted to print a batch of currency.

But this kind of thing was originally a confidential matter, and with the president's instructions, everyone kept silent.

The newly printed banknotes did not use a new design. Considering issues such as identification and anti-counterfeiting, they made some slight changes to the previous design.

For example, the printing date is changed to this year, and the composition of the Lemar Islands on the front of the banknote is rotated fifteen degrees.

These are details that cannot be seen without looking carefully, but they can still play a very important role in preventing counterfeiting and restricting the circulation of counterfeit coins.

I worked until about two o'clock in the evening that day. Under the supervision of the general manager's personal visit, the plate making work was completed.

Early the next morning, at around seven o'clock, the president drove to the printing plant. When the first edition of banknotes, smelling of ink and slightly warm, appeared in front of him, he had a smile on his face. .

With this money, the consequences of foreign capital's flight will be ignored, which also gave him a big sigh of relief.

After he signed his name on the final version and signed a document agreeing to the printing of the version, the entire coin printing plant started working, and the machinery roared!

It actually doesn't take long for those worthless papers to change from white paper to white paper full of lines under the rumbling rotation of the printing press, to white paper that can be filled with color and become currency.

The money was piled up together, and as the steam-powered paper cutter started and fell, they turned into a stack of one hundred pieces of currency.

The engineers checked again and again to confirm that it was correct, and took some of the sample coins back to the general manager.

When the money was put in the president's wallet, he felt relaxed.

The president soon learned about this. After confirming that there were no problems during the printing process, he ended the communication between him and the president by saying, "If you have any questions, please contact me."

He did not take this matter to heart, but concentrated on dealing with some bad signs in the country, and this was also related to the flight of foreign capital. Provide you with the fastest Blackstone password update, free reading for 1467 problems.