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In 1944, the Pacific War was drawing to a close. In Thailand, three Chinese businessman headed by Chin Sophonpanich wanted to establish a domestic registered bank called Bangkok Bank.

On December 1, 1945, Bangkok Bank obtained the commercial bank business license.

In 1952, the total assets of Bangkok Bank reached 100 million Thai baht and increased to 1960 million Thai baht by the end of 880. In the same year, Bangkok Bank had more than 800 employees, 19 domestic branches, and 6 overseas branches, including 2 branches in Hong Kong, 1 branch in Singapore, London, Kuala Lumpur and Tokyo.

In 1976, the number of overseas branches increased to 14.

Following the historical development, this head office is located in Bangkok, Thailand. The privately-controlled Bangkok Bank will surpass the Thailand-funded bank, which is the number one among Thailand’s state-owned banks, and develop into Thailand’s largest commercial bank with total assets of 51 billion USD.

And became the seventh most important regional bank in Southeast Asia!

And Bangkok Bank can grow to the height of the future, Founder Chin Sophonpanich has made great contributions!

Under Chin Sophonpanich’s management, Bangkok Bank has become Thailand’s economic pillar. In 1983, the United States “The Journal of Finance” listed Bangkok Bank as one of the top ten commercial banks in the world. In 2, Chin Sophonpanich was listed as one of the top ten rich people in the world.

Among the 16 Thai banks and 14 foreign banks nationwide, Bangkok Bank has the largest deposits, loans and total assets in the country. Its scale of operations accounts for more than 30/1 of the total of Thailand’s 3 banks.

Chin Sophonpanich himself, according to the 1985 issue of Nikkei’s “Asia Is Leaping”, his family fortune is estimated to be 2.2 billion USD, ranking first among the ten richest men in Asia at the time. United States “The Journal of Finance” announced in 1983 among the world’s 12 richest bankers, Chin Sophonpanich was named on the list. He was selected as the Outstanding Banker of the Year 1982 by the popular worldwide financial and banking magazine “Asia”.

All this is inseparable from his principles of life and deeds.

His “employing people do not doubt that people do not use” method of employment has allowed the employees of Bangkok Bank to actively work hard and willingly sweat for the company.

Every entrepreneur has his own way of business, Chin Sophonpanich’s business philosophy is different. He said: “Opening a bank is for business, not just financial business. When I judge whether a business is feasible, I just observe the customer, his past and his family.”

Therefore, in Southeast Asia countries, many net worth rich rich people have received support from Bangkok Bank at the beginning. This act of providing timely help has won the friendship of rich people from all over Bangkok Bank. Rich people are willing to have business dealings with Bangkok Bank, and all rely on Bangkok Bank for working capital.

This virtuous circle has made Bangkok Bank a snowball.

Unfortunately, just last year, Chin Sophonpanich passed the position of Bangkok Bank President to Boonchu Rojanastien for personal reasons, and he retreated behind the scenes.

Of course, he can safely retreat behind the scenes, one is because of his health; two is because, in Thailand, the foundation of Bangkok Bank has been established, and he is firmly seated in the Overlord position; the third reason is the most important, that is, the most important of his sons. Outstanding, his second son, Chatri Sophonpanich, has joined the Bangkok Bank Board of Directors as Vice-President. After a few years of training, he will succeed Boonchu Rojanastien and become the President of Bangkok Bank. Boonchu Rojanastien is just a transition that’s all.

Although Chin Sophonpanich retreated behind the scenes, Bangkok Bank is still developing according to his will.

Because Bangkok Bank has established its domestic foundation in Thailand, expanding overseas has become the primary goal of Bangkok Bank.

In Southeast Asia, Hong Kong is the first one that can be called the financial center, followed by Singapore.

For this reason, Chin Sophonpanich sent his eldest son Rabin Sophonpanich to Hong Kong to take care of the Hong Kong Commercial Bank he opened.

Hong Kong Commercial Bank, in fact, Bangkok Bank occupies a part of the shares, which can be said to be a branch of Bangkok Bank. In Hong Kong, it continues the purpose of Bangkok Bank and tries its best to help Chinese businessmen to develop better.

Adhering to the father’s management approach, Rabin Sophonpanich also has a very peaceful personality and is kind to others. Therefore, even in Hong Kong, which has more than 300 branches of banks and financial institutions and huge competition pressure, Hong Kong Commercial Bank can still operate well.

Not long ago, Sally Aw borrowed 10 million HKD from Hong Kong Commercial Bank in order to build the Sing Tao News Agency and run the company. At that time, Rabin Sophonpanich personally agreed to lend.

At that time, although “Sing Tao Daily” was impacted by “Fengyun Daily”, a series of explosive developments that manipulated public opinion after “Fengyun Daily” had not yet occurred. Therefore, after analysis, Rabin Sophonpanich believed that Sing Tao News Corporation still strength to fight.

And the purpose of Sally Aw’s loan is to build Sing Tao News Agency. As long as it is built, even under the pressure of Jiuding Newspapers Co., it can still be more than enough.

What made him didn’t expect was that the subsequent development was completely beyond his expectation. Jiuding Newspapers Co. great generosity acquired and grew, but Sing Tao News Corporation was stunned. There was a huge gap, but now it’s the same. As the gap grows, the gap widens, and Sing Tao News Corporation is at stake.

In this way, the loan he put out is dangerous.

Rabin Sophonpanich had to pay attention to the 10 million HKD loan, so he conducted investigation and analysis by Sect.

In the president’s office of Hong Kong Commercial Bank, the 46-year-old Rabin Sophonpanich flipped through the analysis and investigation report he handed in, frowning slightly.

For a long time, he gently put down the analysis and investigation report, and said to himself with some exclamation: “It’s difficult, now the value of Sing Tao News Corporation has shrunk significantly, and over time, 100 out of 90 may shrink further. .”

Thinking of the loan he released, Rabin Sophonpanich felt a little helpless.

When Sing Tao News Corporation came to the loan, Rabin Sophonpanich gave Sing Tao News Corporation a valuation of 50 million HKD, but he gave Sally Aw the treatment of an 8-Layer loan. Sally Aw borrowed 10 million HKD and mortgaged it. 25% of the shares of Sing Tao News Corporation.

But today, before Jiuding Newspapers Co. is about to launch the siege, the sales of “Sing Tao Daily” have fallen by more than 100,000 copies in the past month, and the value of Sing Tao News Corporation has shrunk to less than 40 million HKD.

In other words, Sally Aw pledged 25% of the shares in his bank, and the value is already less than 10 million HKD. Even if interest is not included, it has already suffered a loss.

And anyone with a discerning eye can see that with the completion of the rectification of the 4 newspapers acquired by Jiuding Newspapers Co., the entire Sing Tao News Corporation will be affected in all aspects, and the sales of 2 newspapers will be further reduced.

His loss will be even greater.

So the best way now is to recover the loan stop loss, or ask Sally Aw to sign a new loan agreement to increase the mortgage shares.

“President, how about us…”

The manager standing in front of Rabin Sophonpanich spoke.

But as soon as he spoke, Rabin Sophonpanich knew what he wanted to say, and shook his head to interrupt: “Don’t do this for now, things have not reached the point where they are irreversible. If we do this now, we’re hit a person when he’s down, reputation will have an impact.”

The manager silently nodded, and then asked: “Then President, what should I do next, please give instructions.”

Rabin Sophonpanich pondered for a moment, and slowly opened the mouth and said: “The value of Sing Tao News Corporation is more than our loan amount after all. Sally Aw is another woman. Let’s not push too hard. Let’s take a look.”

“I’m afraid that Sing Tao News Corporation also borrowed money from other banks before. Now we don’t know what the total loan amount is. Even if we don’t do anything, other banks will do it…”

Said the manager unable to bear.

Of course, Rabin Sophonpanich considered this point, but what he values ​​more is the reputation accumulated over several decades, and now it has only just suffered a loss, and it is not enough for him to collect debts, so he shake the head and said: “This matter we Don’t get out of your head, let’s observe it for another month or two, unless it is irretrievable, but you have to send someone to pay attention, go.

“Ok!”

The manager nodded responded, and then slowly quit the president’s office.

After his subordinates withdrew, Rabin Sophonpanich looked back at the plaque with the words “Be kind to others” hung on the wall, and once again confirmed his approach.

“Good luck, hope other banks will not force you…”

After a long time, Rabin Sophonpanich muttered to himself, and then stopped thinking about it and devoted himself to his work.

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