Valley Emperor

The European royal families in these years generally have little financial reputation, and the banks that lend them have little restraint. Therefore, the European royal families of various countries are very easy to default on their debts!

Especially when various accidents occur in the kingdom, such as the failure of the war, naturally there will be no money to repay, and for example, if the king dies in the court battle, there is basically no hope of getting it back.

Because the new king will not admit the debt of the old king.

Even if there is no accident, it is still unknown that the royal family will not repay the money in many cases. Some are unwilling to pay it back, and some cannot afford it.

Therefore, whether you can get money back from the European royal family depends on your character!

And once the royal family defaults on their debts, these private banks in Europe basically have nothing to do with them. Who makes the family the king? The only sanction is to not lend money to the royal family in the future.

However, some kingdoms even force their merchants and banks to lend them money...

After a long time, the royal family wants to borrow money, and naturally the interest is very high.

However, why did the Royal Bank of Datang dare to lend money to the Kingdom of Denmark at a mere 20% annual interest rate?

That's because Datang Royal Bank doesn't worry that they won't pay it back!

In addition to the Kingdom of Denmark, the Kingdom of Spain, the Portuguese, the English and many other European kingdoms, they have basically borrowed money from the Tang Dynasty.

Except for a few unfortunate people who were wiped out by the Tartars, most of the others were repaying the money honestly. European troops teach life, not only to pay back the money, but also to take advantage of several colonies, tariffs and the like.

Otherwise, the people of the Tang Dynasty would not mind changing a king and continuing to make them pay back the money!

How should I put it, as long as this place is still there, don't expect to be able to rely on the money of the Datang Royal Bank, even if the king or even the royal family is completely replaced by a ruler, well, except for the Tatars!

Most of the time, since the Royal Bank of Datang dared to lend out money, they were basically not worried that these European kingdoms would default on their debts.

Don't worry about them defaulting on their bills, and don't worry too much about their solvency.

Because when borrowing money, Royal Bank generally needs collateral, and all kinds of collateral are accepted, including but not limited to territory, taxes, etc.

If the tax is accepted as collateral, the Royal Bank will also send a supervisor, and if it is a tariff, it will even directly set up a local customs agency to collect the tariff.

For example, in Scotland, which owes a huge debt to the Royal Bank, their customs duties are mortgaged, because the current customs agency in Scotland is actually managed by the Royal Bank.

This annual tariff is first deducted from the Royal Bank's arrears, and the rest is given to the Royal Family of Scotland.

And in order to be able to collect the most sufficient tariffs to repay the loan, this tax rate is often set by the Royal Bank.

Then there will be a delicate balance of tariffs that are collected each year almost just enough to repay the loan!

Backed by the powerful strength of Datang, the Royal Bank's overseas loan issuance is a business that can make a profit without losing money. Several banks in the empire are quite envious. Over the years, they have been trying to expand their overseas business.

However, compared with the Royal Bank, which has branches all over the world, the strength of other banks in the Datang Empire is still a bit weak, and there are not many businesses that belong to international loans.

The Royal Bank of Denmark has also analyzed the situation on the side of the Kingdom of Denmark. As long as there are no accidents in the middle, there is basically no need to worry about their solvency, but the repayment time may be longer.

Because now the Kingdom of Denmark has begun to relocate to northern Africa, where they are basically unlikely to encounter such a powerful enemy as the Tatars, at most, conflicts with Morocco and the local indigenous people.

The national body can generally be kept, as long as there is no such thing as the destruction of the country, then the money will naturally be able to be paid back slowly.

The debt risk of the Kingdom of Denmark is much lower than that of countries like France.

These two countries are not sure when they will be wiped out by the Tatars. If the countries are finished, naturally they can't expect to get their money back.

But even so, the Royal Bank will provide them with loans, especially in France, which is at the forefront of resistance to the Tatars. Because of these extremely high-risk loans, the banks themselves will not do them, but the official institutions will promote them. , because the official need to support them to continue to fight against the Tatars.

If it wasn't for the loan, the government would have given them free ordnance for free when necessary.

Of course, it is not good to send money for free, so the military support will not do so, and often take loans, and the Tang government provides a guarantee model to ensure that the principal of the bank is not lost.

In the thirty-seventh year of Xuanping alone, the Royal Bank provided a loan of 500,000 Tang Yuan to the Kingdom of France. This loan was secured by the official guarantee funds, but the use was also limited. These funds could only be purchased from Datang. Military supplies.

Therefore, in the end, Datang actually sold them a sum of ordnance, many of which were all kinds of second-hand materials sealed by the military, and the actual cost was very limited.

The Datang Banking industry represented by Royal Bank has really gone abroad, not only opening many branches around the world, but also getting involved in international loans.

To a certain extent, Datang's financial industry has acted as the vanguard of Datang's external expansion.

After obtaining a loan from the Royal Bank, the Kingdom of Denmark started to relocate in a hurry because it is better to leave earlier than later.

In the winter of that year, when it was snowing heavily, thousands of Danes took the boats provided by Datang to leave Gobenhaben.

Among the thousands of people in the early stage, the army occupied half, and most of the rest were workers of various constructions, carpenters, etc., and some were farmers.

As the vanguard, these people will first arrive in the southern region of Morocco and settle down~www.wuxiaspot.com~ and then establish the first stable stronghold to meet the large number of immigrants in the rear.

It is worth noting that there is also an ordinary passenger ship in this small fleet.

Unlike every ship in the previous fleet, which was filled with soldiers, workers, and farmers, this passenger ship had only a small number of passengers, with a displacement of more than 1,800 tons, but only carried more than 500 passengers. That's it.

Those who can travel on the special Datang passenger ship are naturally not simple people. These people are basically the dignitaries and their entourages of the Kingdom of Denmark who evacuated first.

Among them are several members of the royal family.

After the fleet departs from Gobenhaben, it will go straight to the new territory of Africa, but they will not go directly to the new territory, but will first go to Banjul, the colonial port city of Datang.

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