Life at The Top novel 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.

Even for a company with good

qualifications and a market value of 1 billion, its line of credit would only be up t o 800 million. It would never exceed its market value, and if the company were to take an 800-million loan from a commercial bank, it would be impossible for it to take another loan from any other bank.

Simply because it had maxed out its credit

quota.

Had it not been for such special circumstances, even Jasper would not be able to take out so much money at the same time from the big four commercial banks.

Upon hearing his words, the color drained from the faces of the little prince, Lord Alvarado, Gale, as well as the representatives of the Big Three chambers of commerce.

The authority to instruct the top elites working under the SBS Bank was boundless indeed.

While the little prince and Lord Alvarado

were green with envy. Adele said

were green with envy, Adele said leisurely, “Hey Royal, you’re asking so much when you haven’t even explicitly stated if you agree to take out the money.”

“I’m fine with that.”

The little prince cut to the chase and

agreed.

The two parties-SBS Bank and the Laws -represented the government and the business community respectively. Since the top forces from both sides fully supported Jasper, he would probably come off as a stingy person if he were to turn them down.

“I’m fine with it too,” Lord Alvarado expressed his agreement.