In addition, his Da Dao Trading Company has huge profits from representing three brands, and its income and expenditure situation could not be better.

It completely monopolizes a niche industry in Japan and enjoys huge profits.

More importantly, the trolley suitcase is a new and patented thing with extremely bright business prospects.

Even if the loan of 300 million francs is placed on this company, Ning Weimin can still afford it.

Finally, there is a key point. Ning Weimin does not care much about the interest rate of the loan.

Even though all major industrial entities in the world are currently following the Federal Reserve in cutting interest rates, it has left ample profit margins for Credit Suisse Bank.

It just requires Credit Agricole to adjust the annual interest rate of 11% agreed in the contract six months ago to 7%.

To put it bluntly, no matter how you look at it, Ning Weimin's proposal is a good deal.

For Credit Suisse Bank, there is absolutely no reason to refuse.

But even so, it would be difficult to agree like this.

After all, this bank in Tokyo is just a stronghold that Caili Su Yinshi has just laid out in Japan.

This branch had just settled in Tokyo at the end of 1984, and their positions were limited.

In addition, the Japanese exchange rate has risen so much in the past two months, and the French have also bought unilateral appreciation of the yen, making huge profits from it.

It's really a stretch to give Ning Weimin so many francs at once.

And even though the French are well-dressed and gentlemanly, they are also cautious.

From the bottom of their hearts, these French people admired Ning Weimin's shrewd mind and wise decision-making.

But he is not willing to let Ning Weimin take too much advantage and get too many benefits from it, which is called envy and jealousy.

So they said they could only provide a small part of the French francs, most of it had to be given in Japanese yen, and the loan amount had to be lower.

The reason they gave is that the mortgage loan amount for real estate is usually 50% of the asset value, so that risks can be prevented and controlled.

Ning Weimin's Dadao Trading Company is doing well.

But when banks issue commercial loans to enterprises, they usually grant credit based on the amount of tax paid by the enterprise. Ten times the amount is enough.

This means that Ning Weimin Da Dao Trading Co., Ltd. has paid 200 million yen in taxes and fees, but its bank credit is only 2 billion yen.

But where would Ning Weimin be willing to do it?

He is firmly not optimistic about the future trend of the franc.

I know full well that throughout the 1980s, this piece of shit was just a piece of paper that could not hold up the wall.

If he relaxes, the loss in exchange rate will be comparable to if he borrows a loan shark.

Is he stupid?

And compared with whether to borrow francs or yen, he did not want to reduce the loan amount.

On the other hand, I would like to increase it if possible.

Borrowing one dollar now can turn into dozens of dollars later. This is his core interest.

So Ning Weimin, relying on the money in his pocket, also came up with harsh words.

He claims that his Taito Trading Co.’s tax payment of 200 million yen is just a few months’ worth of taxes.

Looking at the whole year, it is not an exaggeration to ask for a loan of 300 million francs based on the accounts of this company.

Besides, he has another choice.

If Credit Suisse Bank is unwilling to meet his request, then he might as well just pay off the previous loan.

After that, he can use these unsecured properties to buy and sell the prosperous Da Dao Trading Company, and then go to another foreign bank to negotiate loan cooperation.

In short, it's just asking for a lot of money and paying back the money on the spot.

In the end, the focus of negotiations and disputes between the two parties was the loan amount and the ratio of francs to yen.

They talked from morning to afternoon. At noon, the French treated Ning Weimin to a more authentic French meal.

After drinking Bordeaux red wine and eating confit duck, the delicious food resolved the tense situation, and finally everyone gave in.

Credit Suisse Bank agreed to Ning Weimin's loan limit.

But he was only willing to borrow 100 million French francs as a mortgage loan for his real estate.

Probably these French people think that Tokyo housing prices have risen too much and have run out of energy, and are unlikely to rise again in the short term.

Therefore, the expected depreciation of the franc is used to hedge against potential stagflation risks.

As for the loan from Da Dao Trading Company, the French are full of confidence and insist on lending mainly Japanese yen, and they can try to match it with a certain amount of US dollars.

In this way, the two parties finally shook hands and concluded the deal.

The day after the signing, 100 million francs, 10 million U.S. dollars, and 2.5 billion yen arrived in Ning Weimin's account.

Once the sale is concluded, it's all "good" anyway, and the relationship between the two parties immediately becomes harmonious.

Ning Weimin took the initiative to send three top-grade Pierre Cardin trolley cases to these French people, and also invited them to attend the opening ceremony of Tan Gong Restaurant.

What is unexpected is that among the three French executives, the vice president's brother is also engaged in the business of French wine and French food in Tokyo.

Now we had a high bid, and after a brief negotiation, the price offered by the other party was 20% lower than that of the Japanese supplier.

As a result, another person was added to the guest list of Tan Gong Restaurant, and Ning Weimin also got a purchase channel without Japanese people making profit from the price difference.

It was really unintentional and a mistake.

It’s just that the French are really stingy, and they don’t call them “Falcon” for nothing.

After collecting three boxes, a few pink-faced people would smile happily, but there was no gift in return.
Chapter completed!