NOVPUB"Zhang Menglong! It's Zhang Menglong!"
"What's he doing here? Hasn't he caused us enough misery already?"
"Rising Sun International Bank? Is it his bank?"
"I get it! It's a trap! This is a trap!"
The moment they saw Zhang Menglong, many people instantly understood.
Is this their so-called solution?
Indeed, everyone had considered borrowing money from the International Bank, but since there were too many in need of funds, and each loan amounted to billions or even hundreds of billions of US dollars, how many banks could sustain lending on such a scale?
If anyone could lend so much money, there was only one person with the ability—Zhang Menglong—because he had virtually swept up the world's supply of US dollars!
Everybody calculated that to stabilize the international market and return it to its previous level, a whopping 15 to 18 trillion US dollars in solid cash funds was required!
To Zhang Menglong, this amount was merely a third of the funds he had reaped from his first counterattack.
Indeed, strictly speaking, this was a solution, but who would want it?
This was tantamount to a robber who had stolen their money, and now, this robber was actually asking them if they needed a loan—how despicably shameless!
Although it all started as a mess of their own making, no one wanted to admit their mistakes.
Emotionally, the 89 representatives present wanted to walk out right then and there, but reason told them they couldn't leave, although they hated to admit it, only Zhang Menglong could save them now.
If they were to run away on a whim now, who would save their economies?
"Fuck, isn't that boss Zhang?"
"Boss Zhang actually came to attend the World Economic Summit?"
"Rising Sun International Bank? How come I've never heard of such a bank?"
This being a major international event, the whole summit was broadcast live, and the audience recognized Zhang Menglong right away.
"Found it! I've found it. This bank is an international bank registered overseas, with a registered capital of 50 trillion US dollars... and it's a paid-up capital!"
"What? 50 trillion US dollars of registered capital, and it's paid-up?"
This information shocked netizens for a whole year.
What is registered capital? It reflects a company's capital and ability to resist risk at the time of registration.
Theoretically, you could fill in any amount, it's alright to write in several billion because these days, when you establish a company, the registered capital is by subscription, which does not require actual capital verification.
However, once the company goes bankrupt, it needs to pay debts according to the registered capital, so generally, no one would register a very high capital.
As for banking enterprises, verifying registered capital is necessary, because if you are opening a bank, it's impossible to be broke, right? If you have no money, why would you even open a bank?
To date, the bank in Huaxia with the highest registered funds is 334 billion Huaxia coins, and the registered capitals of several other major banks are also above 200 billion Huaxia coins.
The company with the highest registered capital in all of Huaxia is 1.55 trillion Huaxia coins, of course, this capital must not be on a subscribed basis, an immediate cash payment of 1.55 trillion Huaxia coins is unrealistic.
But these numbers are already astronomical figures.
Now, this Rising Sun International Bank's actual paid-up amount has reached a staggering 50 trillion, and that's goddamn in US dollars, hugely surpassing others by hundreds of times! And these 50 trillion US dollars are all liquid assets!
Of course, when registering as a legal entity, Zhang Menglong did not use his own name, and when registering shares, he registered only a small part.
If he had financed everything himself, Forbes Magazine would probably have been blasted again, damn it, the guy just whipped out 50 trillion US dollars to start a bank, and you're telling me his total assets are only 10 trillion US dollars? What are you guys even doing?
Miles away, the headquarters of Forbes Magazine breathed a sigh of relief
...
"I'm delighted to see everyone here today!" Zhang Menglong smiled. He was clearly happy—as many people were queuing up to borrow money from him, and he was softening up from feasting on the interest—how could he not be happy?
As for whether the people below were happy, that was none of his business!
"I know that previous international speculation had caused severe economic damage, and now everyone urgently needs a substantial amount of money. Under my name, I own a bank and am willing to provide international support; therefore, I specially introduce this product called 'Love Lending or Not.'
"Hahaha! Love Lending or Not, hahaha, I'm dying of laughter."
"I bet fifty cents this name was definitely made up by boss Zhang on the spot."
"Hahaha, be a little more daring, I bet five bucks!"
...
"You're talking about this international hot money, isn't it just yourself?" Everyone in the audience knew the truth, but no one dared to break the silence.
"Mr. Zhang, I'd like to know the benchmark interest rate of this product offered by your bank,"
"Everyone can see on the display," Zhang Menglong opened a PowerPoint presentation, "Based on a loan unit of 1 billion US dollars, the annualized interest rate varies from 3.90% to 6.15%, depending on the term of the loan."
To tell the truth, for such a large sum of money, the interest really isn't high!
Because even some banks' financial products require more than 4% interest for just a few hundred thousand dollars.
And they're looking to borrow starting from several billion US dollars, the interest rate is indeed very low.
"Once you become a member of the bank, you can also enjoy the following services," Zhang Menglong continued.
"First! Lifetime membership at the Dawn International Hospital, you can enjoy free annual medical check-ups and free admission to the Dawn Psychiatric Hospital!"
...
Who the hell wants this kind of service? Are you hoping we all go insane?
...
"Second! For every 100 billion US dollars borrowed, you can enjoy a day's interest waived!"
...
Damn! You call this a deal? That's worth over a million US dollars, do we lack these million dollars? We lack a hundred billion!
Zhang Menglong's list of perks was almost meaningless, it was truly a case of an idle chat being more enlightening than a formal discussion; all bullshit!
"Now, those who want a loan can come over here and line up, I've brought the bank's sales staff over, apply today, and the funds will be in your account tomorrow!"
"Me! We want 100 billion US dollars!"
"We want 120 billion!"
"We want 50 billion!"
...
The line in front of the sales staff Zhang Menglong brought quickly grew long.
"What's going on? Isn't this an international economic summit? How did it suddenly turn into a major business event?"
"Haha, typical Mr. Zhang, I don't know why, but he always seems so cool."
...
"Mr. Zhang, can we borrow 120 billion US dollars?"
"Oh, buddy!" Zhang Menglong looked up, wasn't this their friend from Pakistan?
"Hey, give them a discount, don't charge Pakistan such high interests," Zhang Menglong said, "How long do you want to borrow it for?"
"30 years, perhaps."
"Then charge them a total interest of 1% for 30 years!"
"Really?" The representative's eyes lit up instantly, they were hoping to use this 120 billion to develop their country. Although the interest rate wasn't high, for a relatively poor country like theirs, even this annual interest was significantly high.
Who knew that Zhang Menglong would just outright offer them a bundled interest of 30 years at 1%, meaning that for borrowing 120 billion US dollars for 30 years, they would only need to pay back 1.2 billion in interest, which was almost like having no interest at all.
"Mr. Zhang, we want to borrow 40 billion US Dollars, can you give us a 30-year interest rate of 1% too?" Hearing the preferential interest rate Zhang Menglong had just offered, several other delegates crowded forward.
But Zhang Menglong just glanced at him, "Who are you, do I know you?"
"But why do they get…"
"They are our dear friends, who are you guys?"
"That's not fair!"
"You want fairness, do you?" Zhang Menglong patted the salesperson's shoulder, "Add a point to their interest rate later!"
"Yes, boss!"
"Zhang Menglong, that's too much!" The delegate immediately turned red with anger, over several decades, that one point could turn into a terrifying figure.
"It's my bank, I set the interest rates, take it or leave it, if not, get lost!"
