Chapter 1311 The Five Major Banks in Austria

Latest website: 1. Ask the Austrian government to assist Bright Fund in acquiring an Austrian bank.

2. The Austrian government must introduce a series of policies, including: ①Investors investing in the stock market to reduce and exempt tax treatment...②Introduce the government to require the government's social security and welfare funds, insurance companies to enter the stock market...

3. The Vienna Stock Exchange has to carry out the reform of the stock market system, and the Bright Fund needs to acquire a part of the equity.

4. Promote the listing of 20 large Austrian companies within six months.

There are only four major conditions, but it is these four conditions that make Ulysses Myron embarrassed.

"President Berkeley, you have too many conditions, and it is very difficult for us to operate." Lisses Myron said with a wry smile.

George Berkeley shook his head with a light smile and said, "It looks very difficult, but it is actually possible for the Austrian government. The key depends on whether you are willing to do it."

"It has been 60 or 70 years since the end of World War I, and Austria has not had a successful capital market. This has shown the difficulty of building a capital market. If you can do it, there is no need to ask me for help."

"Now that we have done research, we have put forward the prerequisites. If the Austrian government cannot provide me with these, our company will not dare to take this risk."

"Mr. Myron, the choice lies with you. I don't have to."

Ulysses Myron was silent, frowning tightly, struggling violently in his heart.

In fact, he was not angry, and what George Berkeley said was well-founded. Now they are the Austrian government who asked for others. George Berkeley also took the time to put forward conditions, proving his sincerity, and now the ball has been kicked back Here, the choice is indeed in his hands.

It's just that this ball is too hot!

After thinking for a long time, Ulysses Myron gritted his teeth and made a decision in his heart.

He looked at George Berkeley with burning eyes, and said sincerely: "President Berkeley, I have felt your sincerity, and I am very willing to cooperate with you. I have no opinion on your conditions."

"But I think you also understand that this matter is beyond my purview, and I need to report it for discussion and research."

"so,

Can you give me an in-depth interpretation of the four conditions you put forward, which I need to convince my boss. "

George Berkeley smiled and nodded: "Of course, this is what I should do."

"Then I'll start with the first condition."

Having said that, he sat up straight and assumed a formal negotiating posture.

Ulysses Myron said to Troy Walpole, the chairman of the Vienna Stock Exchange next to him: "Troy, you are responsible for keeping records."

"Yes!"

A stock exchange chairman, he can only perform the duties of a secretary at this time, honestly holding a pen and notebook to prepare records.

Seeing them ready, George Berkeley set out to make his point.

"The first point is that I need the Austrian government to assist us in acquiring a bank. The starting point is very simple. Our company needs huge funds to activate the capital market and play a major role in the mid-to-late stage."

"Although our company is strong, the main funds will only be invested in the United Kingdom, West Germany, France, and the United States. The funds that can be invested in Austria will be relatively small. Under the premise of insufficient funds, we need bank funds. To enlarge, otherwise the scale effect will not be formed.”

"Secondly, only when we acquire a bank, under the leadership of our will, can we fully cooperate with the Austrian government, provide financial support for the majority of investors, and rapidly expand the Austrian capital market."

"To have this effect, we have to acquire a large Austrian bank."

After speaking, George Berkeley stopped first and waited for Troy Walpole to record.

After a while, Troy Walpole nodded slightly to Ulysses Myron, who threw out the question he had just thought: "President Berkeley, your reason is logical, as for the acquired bank, you have Didn't filter out suitable objects?"

George Berkeley nodded and said, "Of course, I did a preliminary screening, and there were five acquisitions."

"They are the Austrian Central Cooperation Bank, the Austrian Credit Union Bank, the Austrian Remittance and Credit Bank, the Austrian Central Savings and Commercial Bank and the Austrian First Savings Bank."

These five banks are the top five banks in Austria.

Among them, the Austrian Central Cooperative Bank, the largest private bank in Austria, was established in 1927 to provide commercial and investment banking products and services for individuals, multinational companies and financial service providers. In essence, it is the nature of an investment bank. The biggest boss behind it is the Rothschild family. The current chairman is Liszt Rothschild, the head of the Austrian branch of the Rothschild family.

The second Austrian Credit Union Bank, the third Austrian Credit Union Bank and the fourth Austrian Central Savings and Commercial Bank are all banks held by the Austrian government, and their shareholding ratio is more than 50%.

The fifth largest Austrian Savings Bank is also a privately held bank. It was established in 1819 and is very old. However, due to business strategy problems, it has relatively few customers, only about 600,000, even the Austrian population. Less than one tenth.

Ulysses Myron nodded and said, "Okay, I see, I'll report to the top."

After he finished speaking, he glanced at Troy Walpole again, and when he saw that the latter was already recording, he was relieved.

He pondered in his heart and found that the first condition of George Berkeley seemed difficult, but in fact there was a lot of room for operation. It seemed harmless to sell one of the three state-controlled banks.

I just don't know if the above determination is as firm as the mouth says.

"President Berkeley, please continue."

George Berkeley continued: "The second condition, which can't actually be said to be a condition, can be seen as my supplement to the plan you made."

"Article 1, tax relief for investors, can be subdivided into late-stage deductions and early-stage credits. As long as investors invest business profits and personal acquisitions in the stock market, they will enjoy tax-free treatment, so that investors will Taking the initiative to find ways to make money active, rather than depositing it in the bank, although the government has less tax revenue, the capital investment benefits can definitely make up for it, and the positive impact is even greater.”

"Article 2, the Austrian government's social security and welfare funds, as well as insurance companies, have huge cash flows. If they can be invested in the stock market, it will play a role as a ballast stone, giving investors unparalleled confidence. The pie will definitely balloon, and the investment will appreciate in value, and the pros far outweigh the cons.”

"For specific results, you can refer to the practices of the United States and the United Kingdom, which have achieved remarkable results."