Chapter 1751-1760
Life at the Top Chapter 1751
In Somerland, the government’s willpower ruled above all.
The big four commercial banks seemed to run their own business and had cut throat competitions, but they were, in fact, run by the same people.
The government’s policy was the highest principle that dictated their conduct.
It was the classic characteristic of a state owned enterprise.
However, 50 billion was not a small amount of money. If each of the four commercial banks loaned 50 billion, it would come to a total of 200 billion. Had else to borrow such a sum from the four banks, it would be nothing more than a pipe dream.
There was a capped line of credit for unit. limit was one that was shared by all banks.
Unlock the full chapter with a membership! If you’re a member, log in using the header menu or the (☰) mobile menu.