Bulgarian Empire

Since the Austro-Hungarian Bank was selling with tears and Ferdinand had been planning for so long, how could he not take advantage of the fire?

Under Ferdinand's advice, Franz proposed to Austro-Hungarian Bank the intention to acquire the Bulgarian branch.

Not surprisingly, Vickers only hesitated for a few minutes before deciding - to sell. At this time, it is important to save yourself first. As for whether it will reduce the influence of the Austro-Hungarian Empire in Bulgaria, and not offend the Austro-Hungarian government, now it is too much to care about.

The current situation has exceeded Ferdinand's most optimistic estimates. It is completely good. Many of the industries that he coveted in the Austro-Hungarian Empire can now be started.

In this economic crisis, the bankers were full and choked. Of course, it's not obvious now. During the economic crisis, many assets depreciated. Once normalcy is restored, the situation will change.

Now that the financial crisis has broken out, Austro-Hungarian banks have started tearing up and selling, and other banks are not doing much better.

At the time of life and death, who cares whether it is a loss or not, or it is important to get rid of it as soon as possible. Raise funds first, get rid of the financial crisis, keep the core industry - banking, and then talk about future development.

We all know that the more this is the case, the more difficult it is to sell at a good price, but there is no way that the long queue in front of the bank is still waiting for the rice to cook!

The cautious Ferdinand knew that, in order to become the target of public criticism, Ferdinand's vests were dispatched one after another. Make a fortune.

Now the Austro-Hungarian Bank is in desperate need of cash, and after reporting to Vickers for approval, the negotiations with Ferrants went very smoothly, and it took less than three days to finalize the deal.

Although the two sides have a big gap in the valuation of the Bulgarian branch of the Austro-Hungarian Bank, the Austro-Hungarian Bank’s own valuation is 150 million levs, and the valuation of Ferrants is only 50 million levs. The same offer was only 50 million, and they refused to bargain.

This condition is already excessive, but now the Austro-Hungarian Bank cannot afford to delay, because there is a long queue of withdrawals outside the Bulgarian branch, and the branch's inventory funds can only support two days at most.

I can't blame Ferdinand for being mean. In this age, if you don't use any means, you're a fool. If it weren't for the fear of pressing the Austro-Hungarian Bank, the other party directly transferred the branch to other powers, and Ferdinand's 50 million yuan would not be released, and the other party would go bankrupt in the run.

After a day of talks to no avail, the head of the Bulgarian branch of Austro-Hungarian Bank directly reported the situation to Vickers.

Ferdinand was the only one who took advantage of the situation. The Austro-Hungarian Bank's assets in many places were underestimated. No matter how good everyone's relationship was, at this moment they were able to slaughter a knife or a knife, and they didn't show any mercy to him.

In the past few days, Vickers does not know how many things have been smashed, and his office has been changed several times.

He gritted his teeth fiercely, greeted Ferdinand's family and even his ancestors in his heart, and finally decided to sell it reluctantly.

It's not that Vickers couldn't find a buyer. Both German and British banks were interested in the asset.

However, the Bulgarian branch of Austro-Hungarian Bank could not hold on. In order to ensure the smooth progress of the acquisition, the Bulgarian branches of several other foreign banks were also involved in large or small runs, and no one dared to act rashly.

There is no doubt that who else but Ferdinand would dare to do things so recklessly in Bulgaria?

Once Austro-Hungarian Bank Bulgaria is run on bankruptcy, there is no doubt that the Bulgarian government will definitely let it go into bankruptcy and liquidation directly, and Austro-Hungarian Bank may lose everything.

If it was before, Vickers could have used the Austro-Hungarian Empire to put pressure on Bulgaria, so that Bulgaria did not dare to act rashly, but after the alliance between Russia and Bulgaria, all this has changed. With the terrible relationship between Austria-Hungary and Russia, needless to say?

This is now, and the international situation is like this. Ferdinand paid for it in a regular manner. If it is put on hold in 20 years,

The two groups are already opposed, and he can swallow it directly.

Next, it's easy to say, Ferdinand is clear about the Austro-Hungarian Bank's family in Bulgaria. As soon as the contract was signed, Ferdinand paid quickly, and immediately sent someone to take over the assets of the Austro-Hungarian Bank in Bulgaria.

In fact, in order to complete the acquisition, Ferdinand began to raise funds long before the economic crisis. About 50 million Lev and 20 million pounds, which was a huge sum of money at the time.

Even if Ferdinand has been working hard to make money after crossing the border, he can only get half of it without affecting other industries.

Of course, if there is no money, it is a loan. Ferdinand has collateral, and his repayment ability is obvious to all. He is a proper high-quality customer.

Then Ferdinand began to loan, loan, loan, and loaned more than 20 million pounds from major European banks. Obviously, Ferdinand was planning to play a big game, including the Austro-Hungarian Bank. I wonder if Vickers would be pissed when he heard the news.

To this end, Ferdinand now has to repay more than 1.2 million pounds in interest every year. However, the business was still very profitable, and the debt of the Bulgarian government transferred from the Austro-Hungarian bank was enough to recover the cost.

Previously, the Bulgarian government owed the Austro-Hungarian Bank a total of more than 58 million leva loans.

The annual interest payment is as high as more than 4 million levs, or about 1.8 million pounds.

After changing hands, Ferdinand earned nearly 600,000 pounds a year. Not to mention the other assets of Austro-Hungarian Bank in Bulgaria, which add up to an absolutely astronomical sum.

In fact, the Austro-Hungarian Bank's previous valuation of 150 million levs was not unfounded. In addition to government loans, it also held more than half of Bulgaria's minerals. Although Bulgaria's mineral resources are barren, they add up to nothing. a small number.

Looking at the list of statistics, Ferdinand sighed with emotion: Sure enough, it's better to take advantage of the fire and make a fortune! The Austro-Hungarian Bank is also really good, such a large loan was swallowed by their family, and they deserved their bad luck. With such a large investment overseas, it will be a matter of time before problems arise!

If Vickers knew what Ferdinand was thinking, he would have been wronged. The operation of Austro-Hungarian Bank has always been very good. If it hadn't been targeted by your bastard, there would have been blood mold!

After the completion of this huge acquisition, Ferdinand, who was proud of the equinox, made another decision to establish the Royal Bank of Bulgaria.

The newly acquired Austria-Hungary-Bulgaria branch was merged into it, and the old and strong butler Carl became the first president.

Well, Ferdinand’s habit of opening a vest broke out again, and the bank that Franz had been commissioned to build became the vest industry again, and was named: Bulgarian Construction Bank.

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