After the Bank of East Asia arrived, Xu Zhi immediately arranged his own team to take over all the business, and also arranged for his own or newcomers to take over some important positions in the bank.

These positions were previously held by the Australian side and the Li family, and in the acquisition agreement, these people will have a grace period of three months to one year, and when the new team takes over, some of them will automatically leave their respective positions and receive a certain amount of financial compensation.

The first thing the new team did after taking over the bank was to suspend the acceptance of low-down-payment real estate mortgages from the outside world, and began to clean up the bank's internal mortgages that were identified as extremely risky real estate mortgages, these loans are all adopted in an aggressive model, 10% down payment, all other loans, once the house price falls, this group of people is very likely to give up the house and no longer repay the loan, although according to the law of Hong Kong can still continue to be held accountable, but the legal cost is high, the last thing the bank wants to encounter is this kind of thing.

Now the housing prices in Xiangjiang have entered the peak state, but some people believe that there is still room for housing prices to rise in the future, and another group of more cautious people think that they can not miss this opportunity, and may not become the last takeover, so a large amount of money still keeps entering the real estate market and continues to push up housing prices.

BEA sold some of its real estate-related projects in a package, and although the receivers understood that BEA was preparing to liquidate the risky projects, the slightly lower price made them decide to take the risk.

At the same time, the transfer of the Bank of East Asia was also very lively in Xiangjiang, after all, on the bright side, Xu Zhi is the richest man in Xiangjiang, the bank opened by the richest man, many people are very relieved, many of them deliberately take out some cash from other banks, come to the Bank of East Asia to open an account, it can be regarded as the blessing of the richest man.

Within three days of the official announcement of the completion of the acquisition, more than 17,000 people opened new accounts with BEA, raising HK$80 million.

Of course, these are small heads, the United States company has become the leader of the electronics industry in Xiangjiang, basically in Xiangjiang, a little scale of electronic factories, more or less with the United States company has a direct or indirect cooperative relationship, after the establishment of the Bank of East Asia, hundreds of electronic factories of different sizes in Xiangjiang have come to the branches everywhere, go through the company account procedures, some companies even forcibly recommend the accounts of employees.

Hutchison Whampoa also participated, depositing a lot of funds in the Bank of East Asia, and in the future, part of the cash flow will be carried out through the Bank of East Asia.

Half a month after its establishment, BEA, with the support of friends and businessmen, successfully absorbed up to HK$500 million in capital, and also cleared up more than HK$300 million in high-risk real estate loans, which were packaged and sold to other banks, although it did not make any money from it, but also avoided possible crises in the future.

At this moment, the real estate industry is already the largest customer of the bank, even the Bank of East Asia, which intends to reduce the risk, cannot completely clean up the real estate loan, but control the risk limit, for example, the loan amount is only half of the house price, or the customer has a high working income, if the house price falls, they can also repay the loan, this kind of customer loan is still very popular, even if the property is purchased, the Bank of East Asia will accept.

After clearing the contract of 300 million Hong Kong dollars and adding 500 million Hong Kong dollars of storage funds, it has naturally become the top priority to continue lending, after all, the current deposit interest is as high as 8%, and if you don't lend the money, the loss will be as high as tens of millions of Hong Kong dollars a year.

Under the guidance of Midea Company, several large foundries have borrowed 200 million Hong Kong dollars from the Bank of East Asia for the construction of new large-scale factories in Shenhai City, and at the same time, the Bank of East Asia has also participated in several development projects in Shenhai City.

In fact, from an investment point of view, this time is not the best time to buy a bank, because in the next few years, due to politics, real estate bubbles, international economy and other reasons, the Hong Kong economy will have great problems, and even the Hong Kong dollar exchange rate will have a serious plummet.

As long as we wait another two years, the real estate crisis will break out, and many of the banks in Hong Kong will be in the real estate industry as their main loan customers, and these small and medium-sized banks will be in crisis, and then they will be able to buy them at a lower price.

But at the same time, time is also an extremely important factor, two years earlier layout will be rewarded in the next two years, and it is very troublesome to take over the bank that has already gone wrong, and it is very troublesome to set up your own core banking team as soon as possible, and then you can use the time of the economic crisis more smoothly to expand.

After a month of running-in, the Bank of East Asia has begun to enter a new era, after the internal rectification, Xu Zhi injected another 500 million Hong Kong dollars of reserve funds, and also invested in the construction of 20 new branches, these branches are different from before, most of them are in the prime location of Hong Kong Island and Kowloon, some are Hutchison Whampoa and Evergrande company's own properties, and the other is additional rent-seeking, although the rent is extremely expensive, but for the bank, the golden place means more possibilities to absorb savings.

Xu Sheng, the total amount of loans for real estate projects within the Bank of East Asia has been reduced to half. In the office, the new chief executive of the Bank of East Asia, Yuan Tianfan, reported to Xu Zhi.

Although the scale of the Bank of East Asia is far less than that of Evergrande, Midea and other companies, it has an extremely important position in Xu Zhi's plan, and it is naturally impossible for him to put this bank under the management of Evergrande or other companies.

Headhunters provide a series of lists, and Yuan Tianfan is among them.

Xu Zhi also heard of this name in later generations, graduated from the University of Chicago in the United States in 76, returned to Hong Kong, successively worked in HSBC, Citibank branch in Xiangjiang, outstanding performance, and in 87 years, the global stock market crash broke out, the Hong Kong stock market was wailing, the Hong Kong government fired the previous chief executive of the Stock Exchange, and invited Yuan Tianfan to take this position, becoming the youngest chief executive of the exchange in the world's history. Later, in the 90s, he joined the Li Ka Shing family and helped Li Zekai successfully list Pacific Century Telecom, making a profit of tens of billions of Hong Kong dollars.

After some interviews, Yuen managed to beat out other job seekers and became the CEO of the Bank of East Asia.

Xu Zhi said with a smile: "Your next task is to rectify the bank, and at the same time absorb a large number of people's deposits, as for the direction of loans, give priority to the main suppliers of the company with the United States, and you can do the rest yourself, you also know what I mean, I am not very worried about the current housing prices." ”

"Then if some big real estate companies in Xiangjiang seek cooperation, should we agree?" Yuan Tianfan asked, the amount of each loan application of ordinary people is too small, and the bank actually cares more about the cooperation of large companies.

Xu Zhi said: "The five tiger companies such as Jardine Matheson, Swire and Cheung Kong can all be considered, and if they apply for large loans, you can notify me." ”

"Understood. ”

"Wait. Xu Zhi suddenly said: "Do you know Jianing Group?"

"Of course you know?" said Yuan Tianfan with a nod.

Xu Zhi smiled and said, "Our bank will never allow any cooperation with Jianing, not even Jianing's partners. ”

"This ......" Yuan Tianfan suddenly frowned.

Xu Zhi saw that something seemed to be wrong, and asked, "What's wrong?"

Yuan Tianfan said: "Our bank does not have any business dealings with Jianing Group, but if you count its cooperative companies, it has a certain relationship with us, Yida Group has a cooperative relationship with Jianing Group on a number of projects, and Yida has a loan of 300 million Hong Kong dollars in our bank. ”