Chapter 765 Bank of Myanmar (Thailand) (Subscribe!)
Thailand.
Bangkok.
The matter about the Bank of Myanmar is also being discussed by many people.
Especially those who know the inside story.
At first, Thailand did not intend to hold Asian dollars, because Lang Cai can subsidize the first time and subsidize the second time. Obviously, holding the kyat will not make Thailand suffer, and it is more reassuring.
However, the Bank of Myanmar suddenly proposed that half of it should be settled in Asian dollars.
This aroused heated discussions among the top executives in Thailand, and they all felt that the Bank of Myanmar was whimsical. Although the performance of Yayuan during this period was very dazzling, it did not mean that Yayuan was qualified to participate in the trade settlement between countries.
Of course they learned about the agreement that Huaxia and Yayuan reached.
But the Thai side is not interested in this. They think that Huaxia will abandon the Asian dollar sooner or later. The time is when the kyat stops depreciating. Now it would be good for you to open a bank. What else do you want?
But.
When the Bank of Myanmar took out a set of data.
The high-level officials of Thailand were silent for a moment.
as the data shows.
The trade volume between Thailand and the Myanmar-Asia Special Economic Zone is gradually increasing, and it is basically a trade deficit. What does the trade deficit represent? It means that I buy more of your things, and you buy less of mine.
to be honest.
Bank of Myanmar is the party that spends more.
Due to the previous good cooperative relationship, although Myanmar's sea outlet has also been opened to the Myanmar-Asia Special Economic Zone, and a large number of Myanmar's natural resources are also open to the special zone, the Myanmar-Asia Bank still follows the contract and has always used the raw material suppliers that were tendered at the beginning.
This has made the trade deficit between the two countries continue to the present.
Not only that.
The data also shows that the main export channel of the Myanmar-Asia Special Economic Zone is also in Thailand, which means that Thailand has received a lot of tolls. Looking at the data provided by the Myanmar-Asia Bank, they know that this is a kind of 'strength demonstration'. '.
Seriously, it's a threat.
I bought a lot of raw materials provided by merchants in your country, but there are also such raw materials in Myanmar. I bought your things with good intentions, and you don't want to give some discounts?
And I'm still using the old cargo export channel.
Not only do you get an extra layer of tolls.
Your merchants have made huge profits from the sales of these commodities, and they have increased a lot of taxes for you. Now I will let you settle half of them in Asian dollars. Would you be so embarrassed to refuse?
have to say.
This soft knife.
It really made the high-level officials of Thailand hesitate, and their tone was not as tough as before, because what the Bank of Myanmar said was the truth, this is a win-win trade for both sides, and now major Thai families have interests in the Myanmar-Asia Special Economic Zone.
At least tens of thousands of Thais have benefited from bilateral trade.
The Thai government is not crazy yet.
It is impossible to cut off such economic ties.
Now the meaning of Bank of Myanmar is obvious: I am an honest person, the previous raw material import contract will be implemented as usual, and I promise that it will not decrease in the next three years, nor will it unilaterally cancel the supply contract, and I also use Thailand's sea port .
In addition, the promise not to participate in money laundering, asset transfer, equity investment, household consumption loans, credit cards and other financial services is only for the convenience of bilateral trade and to promote the development of the commerce and economy of the two places.
As well as providing operating loans to enterprises and cooperative enterprises under the Bank of Myanmar.
Bank of Myanmar's commitment.
That's what kept the Thai government silent.
at last.
I still think it's better not to completely offend the Bank of Myanmar.
It's no good for everyone.
It's not a big deal anyway.
In the end, the Thai government agreed, so it sent the conditions to the Central Bank of Myanmar. At the request of the Bank of Myanmar, it did not mention where the conditions came from, so as to avoid unnecessary complications.
Thailand does not know what Xiao Jiujiu has in Bank of Myanmar.
But Thailand is not suitable to participate.
That's an internal matter.
Thailand also said that they would try their best to persuade Myanmar to agree to the proposal, but before Myanmar proposed the second subsidy, the news came that they agreed completely, which surprised the senior management of Thailand.
The strength of this zero is really not to be underestimated.
They managed to get Lang Cai and the others so quickly.
No nonsense either.
They immediately held a meeting and voted to approve the application for the establishment of Bank of Myanmar (Thailand), and the next step was the process of Bank of Myanmar to go to the Bank of Thailand. At the same time, the branch of Bank of Myanmar in Thailand could also start looking for a venue.
. . . . . .
March 1.
Bangkok.
Central District.
Prosperous area.
Bank of Myanmar (Thailand) was officially listed for business.
There are no grand cuts, and no events to be held, so the opening is so quiet.
Before the first day of opening.
It was crowded outside the bank.
These people are not here to make deposits, and Thai people will not go to unfamiliar banks to do business. They have had several fake bank incidents before, and they have had a few oolongs, so they are very vigilant.
These are all companies that come to apply for new bank cards.
before their trade settlement.
Asian dollars are settled at the Bank of Myanmar.
The Thai baht is settled with several corporate accounts of Bank of Myanmar in Thailand. Now, at the request of the Thai government, the currency exchange of these trades will be participated by the Bank of Thailand.
This makes them have to re-apply for bank cards.
"Mr. Li, you're still here in person." A man dressed as a boss greeted an acquaintance in line next to him. He still spoke Chinese. It was obvious that he was a Chinese businessman from Thailand.
"It turned out to be Boss Chen. This is not the first day it opened. I naturally want to come and see, but we are not allowed to send flower baskets or gifts, so low-key." The person called Mr. Li raised the information in his hand. , laughed.
Both of them are Chinese traders who made a lot of money from the Myanmar-Asia Special Economic Zone.
I thought there was something going on with the opening.
But not even a banner.
Pretty shabby.
But the two of them did not dare to underestimate the bank, nor would they think it was a poor bank.
As businessmen who have close contacts with the Myanmar-Asia Special Economic Zone, they have a good understanding of the strength of this bank. This is a real behemoth. Under its big tree, millions of people follow it.
Now in Bangkok.
So humble.
It seems to be in line with the consistent style of the Bank of Myanmar.
"Yes, but if there are activities, it is estimated that the open space in front is not enough to put flower baskets." Boss Chen's middle-aged man laughed.
"Too."
Mr. Li has no doubts about the appeal of Bank of Myanmar.
"What are you doing with this information?" Boss Chen suddenly asked.
Mr. Li was taken aback for a moment, looked at the information in his hand, and asked: "Isn't it a bank card for re-establishing a business? What if I don't bring the information?"
"Did you not receive a text message last night? You can apply for this type of bank card online, fill in all the information on it, and just come and pick it up today. Look, there are a few people with information around." Boss Chen explained.
Mr. Li looked around, it seemed to be true.
"Uh... I drank too much last night, I didn't pay attention."
then.
The bank opened in less than three minutes.
Boss Chen took the bank card and left.
Mr. Li stood in line for two hours.