Chapter 118 Golden Sun Bank

Reginald sat in the attendance position of the meeting and did not dare to speak.

What he didn’t expect was that Harold would actually agree to Robin’s absurd decision.

What’s more, Karina and her recovered father, Camdyn, also stood by Robin’s side.

He knew that it was simply impossible to bring down Robin through this matter.

Taking advantage of the chaos in the conference hall, he quietly slipped out.

Arriving at the fire escape, Reginald looked around and saw no one.

He took out his phone and dialed the number of Roberto, the president of the Hallcester Branch of Golden Sun Bank.

Golden Sun Bank was a privately owned joint–stock bank.

Londraland, a commercial bank, was established five years ago in Hashville State by several major private enterprises in the south.

Golden Sun Bank and another bank, Central Hallcester Bank, both loaned money to Freddie’s Glory Edifice three years ago.

Previously, Freddie mortgaged all of his assets and Glory Edifice itself, borrowing 3 billion from Golden Sun Bank and 4 billion from Central Hallcester Bank.

The term of their loan contract was ten years.

For the past three years, Freddie has never defaulted on the interest. payments to both banks, regardless of how tight his finances were.

In the most difficult times, not even a penny was owed to two banks, even if it meant borrowing at high interest rates.

Because Freddie knew that the reason he was doing this was to be able to build a prosperous business district in the southern part of the city, he was forced to borrow money.

People who do great things always prioritize integrity.

However, at the beginning of this year, these two banks suddenly identified a significant risk associated with Glory Edifice and demanded that Freddie immediately repay the principal and interest owed.

This immediately put Freddie, who was already in a state of extreme financial strain, in a predicament.

Today is the final repayment deadline for these two banks.

The two banks required Freddie to repay their loans before midnight.

Bank had a principal and interest of 5 billion, while Golden Sun Bank had a principal and interest of 3.8

deadline for repayment was before

banks would close

cannot be deposited into the bank account before half

Golden

Glory

already half past

end the repayment deadline. ahead

boast about myself in front of the major shareholders of

others would definitely appreciate him for

the

very likely that, therefore, he replaced Robin and took up position of President of the Eastern District

have

believed that it was because of Robin’s appearance that Karina ignored him.

is driven away from the Huber Group,

of action at the moment was to let the bank take

had a close relationship with Roberto, the president of

them used to often meet up privately.

to pave his own way, took advantage of his position

often asked him to accompany me to nightclubs for

services.

118 Golden

past few

problem to ask him for help in

and did not reject Robin’s proposal to sign the contract to

and Ernest

figures who had founded the Huber

Robin, and they both had

a few small shareholders

people were reluctant to agree with Robin’s approach, none of them dared to say it in front of Harold.

minds, and he planned to disrupt Robin’s plan to take over Glory Edifice in two

from Golden Sun Bank initiate the early termination of Freddie’s

the

some shareholders after the shareholders‘ meeting

Karina, and Camdyn by

it could force Harold to make

Golden

of Golden Sun Bank, Roberto hesitated for

already called

the Huber Group would take over

the Huber Group would arrange the fund transfer tomorrow morning for the money

process such

Glory Edifice at our bank now, I will have difficulty explaining it

is not an ordinary person. He has a great affection for Ms. Huber.

was very worried about Reginald’s request.

oppose Mr. Harold.

concerns and smiled, saying, “Mr. Francis, it’s not as

information that the board meeting of the Huber Group was underway, and

mess.”

is now the president of the Eastern District Development Corporation, and moreover, he was appointed

Golden

Karina.”

refrained from directly denying at the board meeting, possibly due to saving

fact, several shareholders wanted to withdraw their investments

if you could initiate the procedure to seal off Glory Edifice at this critical moment, it would be giving the Huber family some

quite decent of the Huber Group to decline taking over Glory Edifice. This way, the decision made by Robin had no meaning

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

Comments ()

0/255