Bulgarian Empire

Chapter 84: , Acquisition

   Since the Austro-Hungarian Bank is crying and selling, Ferdinand has planned for so long, how can he not take advantage of the fire?

   Under Ferdinand’s instruction, Ferrantz proposed to the Austro-Hungarian Bank an intention to acquire a branch in Bulgaria.

   Not surprisingly, Vickers only hesitated for a few minutes before he decided to sell. The time has come. It is important to save yourself first. As for whether the influence of the Austro-Hungarian Empire in Bulgaria will be reduced, and the Austro-Hungarian government will not be offended, it is now too much to worry about.

   The current situation has surpassed Ferdinand’s most optimistic estimate. It is completely good. Many of his coveted industries in the Austro-Hungarian Empire can now be started.

  In this economic crisis, the bankers ate and choked. Of course, it is not yet obvious. In the economic crisis, many assets have depreciated. Once normal is restored, the situation will change.

   Now that the financial crisis has broken out, the Austro-Hungarian Bank has begun to cry and sell, and the other banks are no better.

   At the time of life and death, who can care if it is a loss or not, it is important to let go as soon as possible. Raise funds first, get rid of the financial crisis, keep the core industry-banking, and then talk about future development.

   Everyone knows that the more this is the time, the less it can sell at a good price, but there is no way that the long line in front of the bank is waiting for the rice to be cooked!

The cautious Ferdinand knew that in order to become a target of public criticism, his vests were dispatched one after another. No matter how many, first buy high-quality assets. In the future, whether it is self-owned or sold, it can be ruthless. Make a fortune.

   Now the Austro-Hungarian Bank is in short supply of cash. After Vickers approved it, Ferrantz's negotiation progressed smoothly, and it took less than three days to finalize it.

  Although the two sides have a large gap in the valuation of the Bulgarian branch of the Austro-Hungarian Bank, the Austro-Hungarian Bank is valued at 150 million levs, while Ferantz’s valuation is only 50 million levs. The same offer was only 50 million yuan, and no counter-offer.

   This condition is already excessive, but now the Austro-Hungarian Bank can't afford it, because there is a long line of withdrawals outside the Bulgaria branch, and the branch's inventory funds can only last for two days.

   Ferdinand can’t be blamed for being mean, this age is a fool if he doesn’t use means. If it were not for fear of pressing the Austro-Hungarian Bank, the other party would directly transfer the branch to other powers, and Ferdinand would not pay out 50 million, and directly let the other party go bankrupt in the run.

   After a day of talking to no avail, the head of the Bulgarian branch of the Austro-Hungarian Bank directly reported the situation to Vickers.

   It is not only Ferdinand who took advantage of the fire to rob him. The assets of the Austro-Hungarian Bank in many places have been underestimated. No matter how good the relationship is, they can be killed by a single cut at this moment, and he has not been merciful.

   In the past few days, Vickers doesn't know how many things have been smashed. His office has been changed several times.

   gritted his teeth fiercely, and greeted Ferdinand’s family and ancestors in his heart, and finally decided to sell it reluctantly.

   It’s not that Wicks can’t find a buyer. Both German and British banks are interested in this asset.

   But the Bulgarian branch of the Austro-Hungarian Bank could not hold up. In order to ensure the smooth progress of the acquisition, the Bulgarian branches of several other foreign banks were also involved in large or small runs. Everyone did not dare to act rashly.

   There is no doubt, who dares to do things so unscrupulously in Bulgaria, who else besides Ferdinand?

  Once the Austro-Hungarian Bank Bulgaria is run into bankruptcy, don’t doubt that the Bulgarian government will definitely let it go bankrupt and liquidate directly, and the Austro-Hungarian Bank will probably lose everything.

  If before, Vickers could still use the Austro-Hungarian Empire to put pressure on Bulgaria to prevent Bulgaria from acting rashly, but after the alliance between Russia and Bulgaria, all this has changed. With the terrible relations between Austria-Hungary and Russia, is there any more to say?

   This is also now, the international situation is like this, Ferdinand pays to buy it in a proper way. If it is left for twenty years, the two big groups are already opposed, and he can just swallow it.

   Then it’s easy to say, Ferdinand is very clear about the property of Austro-Hungarian Bank in Bulgaria. As soon as the contract was signed, Ferdinand paid quickly and immediately sent someone to take over the assets of the Austro-Hungarian Bank in Bulgaria.

   In fact, in order to complete this acquisition, Ferdinand began to raise funds long before the economic crisis. Fifty million levies and twenty million pounds were a huge sum of money at the time.

   Even after Ferdinand has passed through, he has been working hard to make money, and he can only get half of it without affecting other industries.

   Of course, it is a loan if there is no money. Ferdinand has collateral, and his repayment ability is obvious to all. It is a good quality customer.

   Then Ferdinand began lending, lending, and lending, and lent a total of more than 20 million pounds from major European banks. Obviously Ferdinand intends to play a big game, among them the Austro-Hungarian Bank. I don't know if Vickers will be angry when he learns this news.

   For this reason, Ferdinand now repays more than 1.2 million pounds in interest every year. However, this business is still profitable. Just transferring the debts of the Bulgarian government from the Austro-Hungarian Bank, UU Read www.uukānshu.com is enough to recover the cost.

  Before the Bulgarian government owed the Austro-Hungarian Bank a total of more than 58 million levs in loans,

   The interest to be paid every year amounts to more than 4 million levs, or more than 1.8 million pounds.

   After changing hands, Ferdinand earns nearly 600,000 pounds more every year. Not to mention the other assets of the Austro-Hungarian Bank in Bulgaria, which add up to an astronomical figure.

In fact, the Austro-Hungarian Bank’s previous valuation of 150 million levs is not unfounded. In addition to government loans, it also holds more than half of Bulgaria’s minerals. Although Bulgaria’s mineral resources are poor, they add up to nothing. A small number.

Looking at the list of statistics, Ferdinand said with emotion: "Sure enough, he took advantage of the fire to make a fortune and get rich! The Austro-Hungarian Bank is also really good. Such a large loan was swallowed by their family, and they deserved it. With such a large investment abroad, problems will happen sooner or later!"

   If Vickers knew Ferdinand’s thoughts, he would have been wronged. The operation of the Austro-Hungarian Bank has always been very good. If it weren't for your bastard's attention, it would be blood mold!

   After the completion of this huge acquisition, Ferdinand, proud of the equinox, made another decision to establish the Royal Bulgarian Bank.

   The Austro-Hungarian Bulgaria branch, which was just acquired, was merged into it. The old but strong Karl butler became the first president under popular expectations.

   Well, Ferdinand’s habit of opening vests broke out again. The bank that Feranci was commissioned to build before became the vest industry and was named: Bulgaria Construction Bank.

   Push book: "Da Ming Tie Wei"

   Chen Yu passed through and became a poor soldier in the late Ming Dynasty. Started the counterattack journey of life! !

  

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