Chen Guangfu was dressed in a suit and leather shoes, which was in stark contrast to the long shirts and cloth boots of other old-fashioned money owners. Pen? Interesting? Pavilion wWw. ｂiquge。 ｉｎfo

Li Sidi nodded at him, he didn't attach much importance to this Chen Guangfu, because this is just a small bank, with a capital of only 100,000 taels of silver, and at present, he is trying to survive in the gap between the money bank and the foreign bank, and he can't compete with the wealthy foreign bank, nor can he compete with the well-connected bank, and at present, this is a bank that targets customers to ordinary people.

Li Sidi didn't think that relying on the banks of those small people who had deposited one or two taels of silver, they would have any future.

But this Chen Guangfu was the first to express his position, and he naturally had to express his position.

He said, "Then let's ask Manager Chen to sign an agreement." ”

Although Chen Guangfu was the first to express his position, he still seriously read the contents of the "Shanghai Money Industry Joint Savings Agreement" drafted by Yangzi Bank, and only after finding that there were no traps in it, did he take out a pen and sign his name and the name of Shanghai Commercial and Savings Bank.

Chen Guangfu saw that the agreement stipulates that the banks and money banks participating in the joint savings must deposit 90 percent of the gold and silver in Yangzi Bank, and at the same time receive double the bills.

Yangzi Bank will be responsible for providing guarantees for these banks and banks, and will open Yangzi Bank's vault to pay in the event of a run.

When everyone walked out of the new headquarters of the 10-storey building and 80 meters that took more than three years to build after the gold speculation of Yangzi Bank, all the bosses of the money bank had heavy faces, only Chen Guangfu was alone, his face was relaxed, and there was even a faint irrepressible excitement, his steps were extremely brisk, and he was about to not walk, and he didn't want to walk, but directly called a rickshaw on the side of the road, and pulled him to immediately go to the bank location in Shanghai County, outside the concession.

The Shanghai Commercial and Savings Bank was established less than three months ago at this time, and was stimulated by the establishment of the Shanghai Free City, and Chen Guangfu established the bank two years earlier than in history, but there was no difference in the management method, that is, to target the small people and small households, and the slogan was to save at least one yuan.

The initial capital was raised to 70,000 yuan, known as 100,000 yuan, such a small capital, so they couldn't find a good place in the concession, so they simply chose to open in Shanghai County.

However, since its opening, the business has been bleak, and the current deposit is less than 8,000 taels, and the loan money is less than 2,000 taels.

As a bank, deposit and loan is their way of doing business, and when both deposits and loans are insufficient, the bank will not make much profit.

But Chen Guangfu was not in a hurry, he believed that the situation would be opened up slowly, but he didn't expect a big pie to hit his head.

After Chen Guangfu, who was excited, ran back to the bank, he couldn't hold back his crazy laughter, attracted all the work, and asked him what had happened.

At this time, there were only seven employees in the bank, but in fact, Chen Guangfu himself did the work of a man, to be precise, he did all the work. He is the general manager, and he is also a salesman, pulling deposits, running factories, making loans, and personally teaching young people in the evening.

There is no way, these young people he recruited, except for the children who are honest and reliable, have families and families in the local area, that is, they have read a little, are literate, and can calculate accounts, and they do not have any background in banking. So he had to teach from scratch, and in three months, he barely allowed these people to follow the steps, performing their duties such as checking tickets, collecting money, and making payments.

"We are developed. We got a free deposit of 1,000,000,000 tons of gold, 10 billion silver! ”

As Shanghainese, they still know what 1,000 tons of gold means, and they all know that Yang Chao used 1,000 tons of gold for that gold speculation, which has become a legendary event in Shanghai's financial industry. 10 billion taels of silver, which is also an unimaginable number, even HSBC does not have so many deposits.

But what is crazy about their owners? Could it be that he was driven crazy because he couldn't make money.

"You don't know. Our bank is now the United Reserve Bank of Yangzi Bank, and the vault of Yangzi Bank has opened its doors to us. ”

Chen Guangfu then signed a joint savings agreement issued by Yangzi Bank.

The guys frowned: "Manager, so our silver is going to be sent to Yangzi Bank?" ”

Guys don't see how good this is.

Chen Guangfu nodded and said, "That's right, count it right now, and everyone will close the door early tomorrow morning and escort it over together." ”

Their bank has 70,000 yuan of silver dollars as capital, but the registered capital is 100,000 yuan, and Yangzi Bank requires 90% of the reserve deposit to be in the underground vault of the bank's new building, which means that Chen Guangfu is still short of 20,000 yuan.

Chen Guangfu then began to look for a family of related households, explaining to them the significance of signing the joint savings agreement, and borrowing 20,000 yuan in cash from these friends.

"That's right. We gave Yang Zi Bank 1 tael of silver, and they gave me 2 taels of bank notes. Yangzi Bank's bank notes are the same as real money. ”

Chen Guangfu knows very well that Yangzi Bank has 1.5 billion taels of silver reserves, and the issuance of 10 billion taels of bank bills is over-issued, and the leverage is only 7 times, which is a very low level in the world, which means that as long as there is no financial collapse, it is impossible to encounter the problem of run, which means that this is real money!

"Our bank can lend out completely, which is equivalent to having twice the capital. And as long as we build a dense trading network, if the customer's funds are deposited in our bank, they will directly transfer the transaction from the account and do not make a deposit. I can lend out 10, 20, or even 100 times with a single deposit! This is the lever, the lever that moves the earth. ”

Chen Guangfu is the first and only person who understands the principle of leverage in commercial banks, because he studied business at Columbia University, and he is also half an expert in finance, and he understands all kinds of tricks in the banking industry.

Of course, the 100 times leverage that Chen Guangfu said at this time is the leverage ratio that can only be achieved by European and American banks in the 21st century, at this time in the era of the gold standard, although many banks also use similar leverage principles to use savings to over-issue banknotes, such as the Japanese banks, they use 20 times the leverage ratio, one or two silver they dare to print 20 taels of banknotes, and the American bankers dare to do 30 times, but no one dares to try 100 times.

But with Yangzi Bank as a guarantee, Chen Guangfu dared to do it boldly, and there was absolutely no risk, and the risk would eventually fall on Yangzi Bank.

Although his friends didn't understand much, they believed in Chen Guangfu's character and believed that he did get a big pie, so Chen Guangfu successfully lent 20,000 silver dollars at a high interest rate, and the silver dollars were deposited in Yangzi Bank with his reserves the next day.

In the next few days, Chen Guangfu did not do much business, but drove his young men to busy renovating the bank, making a large signboard, painting the pattern of the gold yuan coupon of the Yangzi Industrial Bank, and writing next to it, Yangzi Bank United Savings Cooperative Bank.

Then a large number of business cards were printed, and the words "Shanghai Commercial Reserve Bank, Yangzi Industrial Bank United Reserve Cooperative Bank" were also written, and the guys were asked to run the streets and distribute them to the factories, and at the same time let the guys explain to the customers who came to the door, telling the customers that in the future, their banking business will use the bank coupons of Yangzi Bank, telling everyone that they can rest assured that they can use cash, and if they use cash, he can also redeem at any time, because they stand behind Yangzi Bank.

For a time, Shanghai Commercial and Savings Bank fired a shot, as the first person to eat crabs, their credit was endorsed by Yangzi Bank, borrowed the credit of Yangzi Bank, many industrial and commercial enterprises in Shanghai chose to trust them, after all, Yangzi Bank has been carrying out large loans, although many factories have opened accounts in Yangzi Bank to open loans, but Yangzi Bank business is too busy, small withdrawals, temporary deposits and withdrawals are very inconvenient, Yangzi Bank is because it is too busy, directly give up 10,000 taels of silver business, Customers are required to go to the bank to handle the small amount of business, and the 30 bank banks of Yangzi Bank will all accept it.

Now this commercial savings bank is under the banner of the cooperative bank of Yangzi Bank, so that many people who do not understand it still think that they are branches of Yangzi Bank, so they attract industrial capitalist customers, open accounts in their bank, and plan to place daily transfers in this bank.

After opening the business, coupled with their good service, and even door-to-door service, the capitalists were very recognized, and in just one month, their bank turnover exceeded 100,000 taels, and continued to grow, after reaching a certain foundation, it began to roll.

Chen Guangfu even bought a site and began to build his own bank building, he knows very well the importance of a magnificent bank building to the bank's credit, and real estate is a reasonable investment, the most secure asset, investment in real estate, will not lose money.

Chen Guangfu boldly took 100,000 taels of cash from the bank and deposited it in Yangzi Bank in exchange for 200,000 taels of bank bills, which he used to pay for the design and construction of a three-story western-style building by the foreigner manufacturing institute in Shanghai.

Half a year later, when the Chen Guangfu Bank building was completed, the bank's deposits had exceeded one million taels, and it had become a bank in Shanghai that could not be ignored.

Chen Guangfu is not only a smart person in Shanghai, those thirty money banks have been immersed in the money industry for many years, and they quickly understood the Mingtang among them, and they all joined this joint reserve agreement within two months.

It is easy for them to double the amount of funds and lend out with double bank bills, and even in the operation they have discovered the mystery of the leverage ratio of commercial banks, which can lend a deposit several times, as long as the customer turns around in the account of their bank, and does not withdraw the deposit, they can continue to play this game and expand the amount of capital dozens of times.

Through such leverage, the bank bank made enough money, and Yang Chao, through their network, suddenly created several times the currency, and the third wave of investment funds solved part of it, the part of domestic capital, foreign exchange for imported equipment, and loans. (To be continued.) )