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.

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

the deadline for repayment was before

after 5:30 PM, banks would close

funds cannot be deposited into the

Golden Sun Bank

of Glory Edifice belonged

already half past

repayment deadline. ahead of time, Robin’s Glory Edifice plan would be ruined.

I will boast about myself in front of the major shareholders

definitely appreciate

the

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

have won

of Robin’s appearance

is driven away

of action at the moment was to let the bank take over Glory Edifice directly.

with Roberto,

them used to often meet up privately.

order to pave his own way, took advantage of his position at the Huber Group

him to accompany me to nightclubs

services.

118 Golden Sun

be said that over the past few years, Roberto has been fed

ask him for help

Harold, Karina, and Camdyn and did not reject Robin’s proposal to sign the contract to

shareholders like Shawn and Ernest also sided with Robin.

the senior figures who had founded the Huber Group together with Harold back in the

supported Robin, and they both had

a few small

reluctant to agree with Robin’s approach, none of them dared to say it in

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

Roberto from Golden Sun Bank initiate the early

Edifice to the court

to contact some shareholders

and Camdyn by withdrawing funding from the Huber

it could force Harold to make

Golden

of Golden Sun Bank,

and Karina had already called

Glory Edifice, her intention was that the Huber Group would

the

the Huber Group’s finance department was unable to process such a large transfer

we initiate the court’s foreclosure procedure on Glory Edifice at our bank now, I will have difficulty explaining it to

Ms. Huber. If I offend him in this matter, I’m afraid it will be difficult

was very worried about Reginald’s request.

Hallcester, there were not many people who dared to oppose

“Mr. Francis, it’s not as

am revealing to you some information that the board meeting of the Huber Group was underway, and almost all

mess.”

president of the Eastern District

118 Golden Sun Bank

Karina.”

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

shareholders

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

was quite decent of the Huber Group to decline taking over Glory Edifice. This

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

Comments ()

0/255