Chapter 1967 Brother Ji's Bank Investment

After Feng Yu tweeted for the first time, he didn't make the headlines, because the headlines were snatched by Kirilenko.

Ma Dan~~Teach apprentices, masters starve to death.

Kirilenko's language is more straightforward, and he is more ruthless, so he is naturally more sought after by the media, not to mention there is a picture of his disdainful eyes. This picture alone is worthy of headlines.

"Hahaha, Feng, did you see that the whole world is talking about this matter now, and many people left me messages."

Feng Yuxin said, it seems that netizens in any country are doing well. Seeing that Kirilenko hates Microsoft and Bill Gates, they all come to watch strongly.

"Brother Ji, please hire more lawyers later." Feng Yu patted Kirilenko on the shoulder.

Some of the words are too straightforward, they are just scolding directly, it seems that Brother Ji will have more lawsuits in the future.

But if you plant a tree, and the tree grows crooked in the end, it can’t be your fault, can it?

Kirilenko looked contemptuous: "Fon, are you so timid? It would be even better if Bill Gates and the others dare to sue me. Anyway, I have plenty of time to accompany me at any time. But if Microsoft doesn't have Bill Gates Gates is in control, tsk tsk, I don’t know what will happen.”

Hey, it seems to be the reason. If Brother Ji files a lawsuit with Bill Gates and delays Bill Gates, it seems that Microsoft will suffer. Bill Gates is the chief engineer of Microsoft.

"Forget it, as long as you understand." Kirilenko belongs to the kind of character who looks for trouble for nothing. Anyway, with Brother Ji's financial resources, there will be nothing that cannot be solved. He is not beating people, at least Most of them lose money.

Brother Ji perfectly explained what it means to be rich and self-willed!

"During this period, the Polar Bear Mining Group has cooperated with several mining groups again. It has established a joint venture company in the same model as BHP Pito and Hualv, combining the superior resources of both parties to save costs. However, many of them are up to us this time. Maybe we can buy all the shares of the joint venture company in the future.”

Brother Ji and his team are also very shrewd, many things can be revealed at one point, and they can do better than Feng Yu himself.

"It's fine for you to decide what to do over there. Pay more attention to steelmaking, coking, and chemical plants. Since they have been merged into the Polar Bear Mining Group, then the record of zero death rate must be maintained. It will last us a lifetime.”

In the future, no matter who accuses the Polar Bear Mining Group of monopoly and high profits, they can use the record of zero death rate to blame. We put people first and attach the most importance to the safety of employees. You have died, so you are not qualified to blame us.

"I know that among the peers, there is no company that invests more in safety than us. If we invest the same as other peers, our annual profit can increase by at least five percentage points!"

The Polar Bear Mining Group now makes a profit of 20 to 30 billion U.S. dollars a year. A profit of 3 percent is at least a billion dollars.

Even for joint ventures, Kirilenko requires this. If you can't follow our safety standards, then don't cooperate.

Feng Yu told Kirilenko that ensuring safety can not only enhance the reputation and brand value of the company, but also enhance the personal image of the business owner.

Many media have reported that Kirilenko is the most conscientious mining tycoon, which made Kirilenko happy for a long time. Isn't it worth being happy that the media took the initiative to praise him without spending money?

"By the way, Brother Ji, didn't you say you want to invest in a bank in Europe? How's it going?"

"Being a shareholder of Deutsche Bank, I became an external independent director, how is it, not bad?" Kirilenko showed off.

Feng Yu was really surprised, he didn't expect Brother Ji to choose the largest comprehensive bank in Europe. This bank is deeply rooted in Europe and has many branches all over the world. It can be called a giant.

Compared with the British Western Commercial Bank that Feng Yu bought, it is the difference between kindergarten children and college students.

However, Feng Yu is a wholly-owned acquisition, while Kirilenko is only a shareholder.

Obtaining a board seat is nothing more than Feng Yu has the final say in his own bank, and Kirilenko may not have much say in Deutsche Bank.

Perhaps relying on his title as the second in the world and the richest man in Europe, he can make some decisions, but the core power must still be in the hands of others.

"This choice is not bad. This bank has a strong ability to resist risks and has a wide and sophisticated business scope. But you only invested in this bank. You don't own much shares, do you?"

"It's really not much, but I still invested in several commercial banks in our Russia. International Industrial Bank, World Commercial Bank, these are the top private banks in Russia. Although I don't have a controlling stake, I am the largest shareholder. The chairman of the board of supervisors of these two banks."

What Kirilenko learned from Feng Yu is to entrust the management of industries that he does not understand, and then control the board of supervisors, which can also prevent the board of directors from making decisions that harm his interests, let alone financial fraud.

There are more than a thousand banks in Russia, large and small, many of which are equivalent to fund companies, trust companies, wealth management companies, etc., but they are all called banks.

But there are not so many banks that can absorb deposits. Like Huaxia, it is also dominated by state-owned banks, supplemented by private and foreign banks. Among them, state-owned banks account for more than 60% of the share, foreign capital accounts for about 20%, and private banks account for about 20%.

However, the development of the banking industry in Russia is not as good as that of China. Their largest bank is still a savings bank, which is transforming into a commercial bank. Russia does not even have a sound commercial bank regulations and accounting standards.

The trust of state-owned banks is not high, because when the former Soviet Union disintegrated, some banks in Russia closed down, and during the financial crisis of 1998, some private banks closed down. Many Russians do not trust Russia itself banks, but trust those foreign banks.

In a country as big as Russia, the overall banking assets are only about 100 billion euros, which is less than one-tenth of that of a large European and American bank. The total assets of Citibank have exceeded one trillion U.S. dollars a few years ago.

Kirilenko chose to invest in these two private banks because they have a high degree of information automation, and now both use the bank office system developed by Lianxiang Yinshan, which can be regarded as leading in Russia.

In this way, the information will be more transparent, so as to avoid some tricks in it. In addition, these two banks also have business relations with many industrial groups in Russia, and they can even be regarded as banks controlled by industrial consortiums.

After Kirilenko became a shareholder of these two banks, he also entered the core of the Russian industrial consortium. Entering the core is not enough, Kirilenko's goal is to become the boss.

Feng Yu wants to be a consortium, why can't Kirilenko be a consortium? Didn't Feng Yu say that the consortium model is of great benefit to large companies and diversified investments, so let's make one ourselves, maybe he can narrow the gap in assets with Feng Yu.

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