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"I must try my best to delay it. I will never give money until the time limit. Even if it is given, it will be given in batches..."

"boom!"

Saren Francisco almost roared, and gave a death order to Brooke Gascoll on the other end of the phone.

Then he hung up the phone and slammed his palms heavily on the table with a loud bang.

The tingling sensation from the palm made Saron Francisco feel even more irritable.

But he knows that the only way to procrastinate is to drink poison to quench thirst.

Whether the money is given or not will not solve the crisis.

The impact has been magnified!

The credibility of the Bilbao-Vizcay bank has been pushed to the brink.

He now has to make sure the bank doesn't have a credit crisis, or it's over!

Of course, he still has to prepare for the worst. Once a credit crisis really happens, the loss must be minimized...

Practitioners in the financial industry in South America all focused their attention on the South American regional headquarters of Bank of Vizcaya, Bilbao.

Many reporters also gathered around like sharks smelling blood. Several times, the microphone was almost stuffed into Brook Gaskell's mouth, which made him tired of coping.

And Saren Francisco also urgently mobilized the entire bank to update the liquidity of various branches around the world in order to grasp the latest situation.

Due to the time difference, the statistics took nearly seven hours.

And the statistical results really made Saron Francisco tremble with fear.

The current total liquidity of the bank is only about US$5.756 billion in US dollars.

The reason is so low.

It is because the well-informed companies have heard the news, and in order to ensure the safety of funds, some funds were transferred away first.

As a result, Bank of Bilbao Vizcaya's banks in other regions also lost a lot of funds.

This amount of liquidity is already less than 10% of the bank's total assets!

This is very dangerous for a top global commercial bank.

Only four people including Saren Francisco knew this data, and he also warned his subordinates to keep it absolutely confidential.

Once exposed, the consequences would be disastrous.

not to mention.

He can fully imagine that there are still many entrepreneurs who know the news all over the world at this time and are rushing to the local bank to withdraw money.

Deposits at the Bank of Vizcaya in Bilbao must continue to decline.

And at this time.

The news about the large-scale loss of funds of the Bank of Biscay in Bilbao and the run on by major customers finally spread widely.

US CNN TV Network: Spain’s largest bank, Bilbao Vizcay Bank, is not well managed, causing a crisis of trust among depositors. According to an internal employee of the bank, depositors have concentrated withdrawals of more than 8 billion US dollars within a few days... Coca-Cola is facing difficulties in withdrawing funds Question, Coca-Cola CEO Donald Robert issued a warning to Bilbao Biscay Bank, claiming that if it cannot withdraw money normally, it will go through legal procedures...

Clyde Broadcasting Corporation: According to the latest news, the Bank of Biscay in Bilbao, Spain, took the lead in triggering a wave of runs, large-scale loss of funds, and liquidity is about to dry up...

Island TV: A crisis of trust among large depositors broke out at the Bank of Biscay in Bilbao, Spain. Many international companies are facing difficulties in withdrawing money. The heads of many countries in South America expressed concern...

Global TV: Spain's Bilbao Vizcay Bank embezzled depositors' temporary deposits on a large scale, causing a crisis of trust among depositors. The bank's liquidity is less than 10%. If it is not handled properly, it is very easy to fall into a bankruptcy vortex...

…

Under Xia Yu's control, the negative news about the Bank of Vizcaya in Bilbao, Spain, was overwhelming, covering almost the whole world, and only some economically underdeveloped regions were missing.

Various capitalist countries, especially countries with many branches and businesses of the Bank of Biscay in Bilbao, are the key areas for publicity.

There is only one purpose, to kill the Bilbao Biscay Bank.

And Xia Yu's goal was indeed achieved.

The bad influence was reflected in the Spanish stock market.

The stock price of Bilbao Vizcay Bank plummeted 15 points in half a day!

Affected by it, the entire bank stocks all fell sharply, and the entire stock market fell by more than 3 points!

It can be seen from this that how deep the influence of the Bank of Biscay in Bilbao on Spain is!

However, these scenes that neither the Spanish government nor the shareholders wanted to see were exactly what Xia Yu wanted to see.

Taking advantage of the panic in the market, the team of Xia Yu Consortium took the opportunity to buy some stocks of the target company.

under various pressures.

Saren Francisco had to stand up and hold a press conference to deal with the difficulties of the media.

But no matter how the media reporters asked questions, he insisted that the Bank of Biscay Bilbao's finances are very healthy, and there is no shortage of funds. For example, Coca-Cola and other companies' deposits will be withdrawn soon.

Although the Bank of Biscay in Bilbao is being attacked maliciously, with the strength of their bank, they are not afraid of the enemy's attack at all. Please rest assured all investors and customers.

He also stated very strongly that he has entrusted the legal department to sue the media that maliciously reported.

When facing the media, Saren Francisco was very calm and tough.

But when he returned to the office, he couldn't bear it anymore, and roared at the employees like a lion with fur.

"How about the situation of fund lending, withdrawal of depositors, and social investigation...?"

"Report the latest situation immediately!"

"Chairman, according to the statistics of various branches, the lending of funds has encountered serious barriers. No bank will lend to us, and they are still asking us for the original loan, and are even willing to give up the agreed interest..."

"Chairman, all parts of the world are now suffering from liquidation. Many branches have reported that the line for liquidation has reached a length of 1,000 meters. Many branches have insufficient capital reserves and have to suspend their operations..."

"Calculated by the type of depositors, the number of individual depositors' run-outs accounted for 98.62%, but calculated by capital, the amount of run-outs by enterprise-level depositors accounted for as high as 84.34%... According to the latest data, our liquidity reserves have dropped to 4.6 billion $36.17 million!"

"Chairman, according to social surveys, more than eight people in Spain expressed concern about our bank's funds, and less than one layer still believed in us, and more than half of the depositors expressed that they were ready to withdraw their deposits at any time."

"As for the investigation statistics abroad, we are in a very bad situation, especially in the United States and South America. Among them, the investigation in the United States shows that no one believes that our banks are healthy until the large deposits of American companies are returned. .In South America, more than nine layers and five respondents expressed a pessimistic attitude towards our bank, and more than eight layers of respondents said that if he had deposits, he would definitely withdraw it..."

"..."

Hearing the reports of his subordinates one by one, Saren Francisco's face became more and more gloomy, and his breathing became more and more rapid.

Unexpectedly, the situation turned out to be worse than he expected.

In just half a day, the liquidity has dropped by more than 1.1 billion US dollars!

According to the scheduled withdrawal process, it shows that many of these withdrawn funds were reserved yesterday, and other than that, they are small deposits of retail investors who do not need to make an appointment.

If it is not for him to restrict.

He can be sure that it will be no problem to double the loss of funds!

Finally, he looked to the representative of the think tank on the far right.

Shen Sheng asked: "As for the large deposit of 2.04 billion U.S. dollars from 14 companies led by Coca-Cola, according to the appointment time, 24 hours have passed, and only 136 million U.S. dollars have been cashed out. The rest of the funds, What is the opinion of the think tank?"

The representative immediately reported: "Chairman, combined with the social investigation, our analysis shows that all the funds of these companies should be returned immediately, especially the deposits of Coca-Cola."

"Coca-Cola's reputation in the world is too high, and the amount of deposits is huge. The enemy also focuses on this point to create negative public opinion. We can't hide it. If we don't return it, no matter what we say, we will not be able to win the trust of other depositors!"

"As for the other 13 companies, although they are not as well-known globally as Coca-Cola, they are not necessarily less well-known locally in South America. Our bank's assets in South America are as high as more than 20 billion U.S. dollars, which involves depositors. There are too many, and they are all watching!"

"Although we have returned US$136 million to these companies, it has made some people believe that there is something wrong with our funds. We must immediately return the accumulated deposit of US$2.04 billion to these companies before the negative public opinion continues to expand. company."

"As long as these big companies don't take the lead, we can still find ways to control other small and medium-sized companies."

Saren Francisco was caught in a fierce struggle. On one side of his mind was the most immediate risk of liquidity falling below $3 billion after repayment, and on the other was the uncontrollable impact of delaying restitution.

After tens of seconds of internal struggle, he finally gritted his teeth and nodded, saying in a bitter voice, "Okay, immediately return the remaining 1.9 billion deposits of these 14 companies!"

"Immediately after the return, hold a press conference again, and be sure to mobilize all forces to spread the news to the world and hedge against negative public opinion!"

"Other departments, deal with assets immediately~lightnovelpub.net~ and withdraw funds!"

"yes!"

…

Not long.

The news that all the deposits of the 14 companies headed by Coca-Cola had been withdrawn was reported to Xia Yu's ears.

This made Xia Yu a little surprised, and couldn't help feeling that Saron Francisco was not too stupid, and there were still smart people who dared to speak out.

Although it is not too late to remedy the situation, Bilbao-Vizcay can weather the crisis.

But Xia Yu doesn't care, because his original goal is destined to be achieved, and the subsequent negative impact is enough to drain the capital pool of the Bank of Biscay in Bilbao.

Wait for at most two more days before we can launch a full-scale attack on the Francisco family!

"Two days... hehe..." (End of this chapter)

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