Rebirth: Super Banking System

Chapter 1762: Chapter 1592: Scouting (Please subscribe!)

Nine o’clock.

The banquet is nearing its end.

However.

This is just the first event, only nine o’clock, not too late. In such a public place, some matters are inconvenient to discuss in detail. When all the guests have left, the nearby security force has not diminished at all.

Behind the banquet hall.

A luxuriously decorated restaurant.

At the moment.

A circle of people is sitting around.

Besides the domestic consortiums of the United States, the four largest European consortiums are also present. Although both sides are competitors, American consortiums developed from the European consortiums as a foundation.

Later, due to conflicts of interest.

They split.

But the relationship remains.

A large number of marriages cannot be easily severed.

Therefore.

On some matters, everyone can sit down and talk. For many years, it has been only them, and the chairman of ERV is the only outsider to have entered such a meeting in decades.

The decisions made at this table.

Can even influence the future of the world.

Of course.

That’s what they think.

...

"Welcome to join us."

This time.

It is still the spokesperson of the Morgan family who speaks.

"Honor to be here."

"In the future, you will slowly understand that we are not a group that purely pursues interests. We also have an unknown side. What we pursue, besides money, are other things."

"Let’s not talk much."

"Today’s meeting."

"Mainly welcomes you, Cecil, and we also want to hear about ERV consortium’s future long-term planning to see if it can be beneficial to the order we maintain."

After he finished speaking.

Everyone looked over.

Order.

Economic order.

Political order.

International order.

...

Many interpretations, but apparently, this is the first one.

"ERV’s long-term planning will still revolve around information technology, games, CG entertainment, banking, network security, cloud computing, big data, chips, and intelligent devices for consumer and public terminal products."

In a word.

It’s actually all covered.

Speaking of order.

It is simply ’territory division’. Strictly speaking, ERV and everyone present have conflicts of interest, just some large, some small. The application of new technology will inevitably affect some old products.

However.

As long as it’s not the core interests.

They don’t care too much, cooperation in competition is the current state among the consortiums. Military industry, energy, and finance—these largest pieces of cake have been circled by them, ERV’s are all ’small money’.

If.

Your own team is not strong enough.

It’s not a bad thing to be beaten, because ERV is a world-class enterprise and has defeated many companies from other countries. From the result, it is still their consortium that wins.

The consortiums present.

Have reached a level where they have the right to distribute benefits.

In their eyes.

Not just about a small area or purely the numbers on paper.

Therefore.

Listening to these.

They feel calm inside.

"ERV Business Bank, to what extent do you plan to take it?" Relatively, they don’t care much about emerging industries like games and big data, but banking is different, this is their advantageous industry.

"Stronger."

"..."

This statement.

Made everyone present perk their ears.

Stronger?

"How strong?"

"Doing my best."

"Going the acquisition route of other banks?" Morgan asked, somewhat unsure of the meaning of the person in front. Their consortium also has personality research personnel, but that’s for those with sufficient data.

This person here.

Lacks data, and frequently makes decisions with jumping thoughts.

Almost impossible to find personality weaknesses.

"No."

"Acquiring American banks, the cost is getting increasingly high, unnecessary, for ERV, banking is just one industry, not the main business, but it can’t stand still either."

"Therefore, my target is Africa."

"Africa?"

People present had that place flash in their minds.

Rich.

Poor.

Two extremes.

Followed by.

Frowning, because they think it is full of uncivilized savages.

"Why?"

"Void."

"Void?"

"Yes, the banking industry over there has relatively low density, without much competition with those here, and recently Asian banking power is accelerating its penetration over there."

"You look like you have no movement, so I’ll explore first."

According to Tang Qing’s plan.

You can go.

But can’t go for free, there must be some benefits provided.

Sure enough.

Upon hearing this reason, people present silently nodded, indeed, to expand in the United States, especially in the banking industry, ERV is almost at its limit now. To expand further, they can only go out.

Europe is impossible.

Asia? noveldrama

Apparently no chance.

In the end.

Only relatively blank Africa remains. When Myanmar Bank Group is making a big entrance into Africa, they thought of competing, but calculating, no method wasn’t a loss.

So they kept hesitating.

Now.

Someone is willing to pioneer, thinking about it, it’s also quite good.

"What main business do you intend to do?" Someone asked. Learn from Myanmar Banking Group to do project loans? Certainly not, ERV doesn’t have that financial strength, the repayment ability over there is a big issue.

In the end.

Probably over there, what Myanmar Bank Group gets repaid with are minerals.

"This depends on how much you are willing to support."

"..."

Great.

The question is thrown back, do as much as money allows, perfectly reasonable.

"What if general support, and what if strong support?"

Morgan family member asked.

"With general support, then do what commercial banks are supposed to, storage, personal credit, company loans. If the support strength is big enough, might follow Myanmar Bank’s projects in India."

"City loan? Isn’t that too big?"

"No, I mean learn, not copy. They do city loans, we only do business park loans, the cost will be much smaller, less than one-tenth of city loans."

"With business parks, they can attract investment to repay the loan. Now, Huaxia and Myanmar are both laying out in Africa, what we disdain, others might not."

"So, even if losing some money, I think it’s doable."

After hearing the explanation.

Everyone calculated in their minds.

The plan is good.

Without the investment size and uncertain returns of city loans. Doing a business park project is much more reliable, as long as the location is good and risks are controlled, this is a project that won’t lose much.

Perhaps there is also room for profit.

Hmm.

It’s a good idea.

"Nice idea, we will have someone evaluate it. If feasible, we will support it." Seeing others nod slightly, the Morgan family member said. In theory, they could also do this.

However.

Now they are the ones suggesting it.

The U.S. market is full, they are forced to Africa, if we compete even over this, what kind of person would do that. After all, it’s their first important project after entering, some face needs to be given.

Offering money directly is impossible.

But through some financial operations.

They can casually lend a large sum of interest-free dollars to ERV Business Bank, this is not a problem.