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.

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

repayment was before midnight tonight.

that after 5:30 PM, banks

be deposited into the bank account before half

Golden Sun

the ownership of Glory Edifice belonged to the bank.

was already half past three in the afternoon.

that if the bank could end the repayment deadline. ahead of time, Robin’s Glory Edifice

completion of the matter, I will boast about myself in front of the major shareholders of the

others would definitely appreciate him for

the

he replaced Robin and took up position of President of the Eastern District

have won

was because of Robin’s

case, as long as Robin is driven away

believed that the best course of action at the moment was to let the bank take over Glory Edifice

a close relationship with Roberto, the president of

them used to often meet up privately.

way, took advantage of his position at the Huber Group and repeatedly bribed

me to nightclubs for

services.

Golden Sun

past few

problem to ask him for help

Robin’s proposal to sign the contract

major shareholders like Shawn and Ernest also sided with Robin.

they were all reluctant, they were the senior figures who had founded the Huber Group together with Harold back

and they both had no choice but to

small

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

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

Golden Sun Bank initiate

to the court and seize its

prepared to contact some shareholders after the

pressured Harold, Karina, and Camdyn by withdrawing funding

this way, perhaps it could force Harold to make concessions.

Golden

Reginald, the president of Golden Sun Bank, Roberto hesitated

had already called

the Huber Group would take over next.”

arrange the

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

Glory Edifice at our bank now, I will have difficulty

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

was very worried

people who dared to oppose

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

some information that the board meeting of the Huber Group was underway, and almost all shareholders were

mess.”

now the president of the Eastern

118 Golden Sun Bank

Karina.”

may have refrained from directly denying at

shareholders wanted to

initiate the procedure to seal off Glory Edifice at this critical

Glory Edifice. This way, the decision

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

Comments ()

0/255