Contrary to Song Zhewu, who made a lot of money and was in a very happy mood, Xu Yongchang and Shang Zhen were very annoyed at this time.

This is because in order to maintain the food and salary of the 200,000 Jin Sui Army and the Northwest Army in Jinnan, Xu Yongchang has already secretly entrusted the merchants in Jinnan to exchange the military expenses of more than 5 million Jin banknotes in his hands for more than 400,000 oceans, and Shang Zhen, the chairman of Shanxi Province, who has already received the money in Linfen, is even more sorry for his 2.5 million Jin banknotes, which are 2.5 million!

The Northern Investment and Development Bank vigorously maintained the Jin banknote and restored the value of the Jin banknote this time, which not only made a huge profit, but also produced a very huge and surprising benefit!

At present, Shanxi's businessmen, ordinary people, and even foreign businessmen who have business dealings with Shanxi only trust the Northern Investment and Development Bank. Of course, in the depreciation of Jin banknotes, Qiao Yingxia's Dadetong, who insisted on paying depositors Dayang, was also on the trust list of depositors.

It's just that it's a little too small compared to the Northern Investment and Development Bank, and his name is more well-known to old local customers.

Except for these two, all the silver accounts in Shanxi, including Jinsheng Bank and Yuhua Bank, are no longer trusted by depositors. If you want to make a deposit, you can only go to the Northern Investment and Development Bank and Dadetong, which has become the consensus of the people in Shanxi.

In just over half a month, the Northern Investment and Development Bank has attracted more than 8 million deposits and lent 1.2 million yuan because of its outstanding reputation, and the growth rate of deposits and loans has not slowed down, and the momentum is very strong. is only a principal of 300,000 Dadetong, and now it has more than 500,000 deposits.

Looking at the endless flow of depositors in front of the Northern Investment and Development Bank and Dadetong, and then looking at the tragic situation in front of their own doors, the shareholders, managers, and shopkeepers of these banks and banks are now even repentant! If you knew this was the case, why did you ...... in the first place?

Both banks and banks rely on absorbing deposits and then lending them, and they rely on the difference between loan interest and deposit interest to achieve profits. Without a large amount of deposits, it is impossible to lend a large amount of money, and if a large amount of money is not lent, banks and banks will not be able to generate much profit.

The shareholders, managers, and shopkeepers of these banks and banks were of course unwilling to sit idly by, and Jinsheng Bank and Yuhua Bank took the lead in raising deposit interest rates, and they did not raise them much, only slightly higher than the interest rates of the Northern Investment and Development Bank, in order to attract some budget-conscious people to deposit their money back in their banks.

The shareholders of Jinsheng Bank are many Shanxi eunuchs led by Xu Yiqing, and the major shareholder of Yuhua Bank is Kong Xiangxi, the current Minister of Industry and Commerce and Agriculture and Mining of Nanjing.

This trick is indeed very clever, as soon as their interest rate increases, some deposits have begun to flow to them, although the amount is not large, but after all, there has been a slight turnaround.

However, Jia Jiying had already prepared for this, and every time the interest rate of other banks and banks was raised, the Northern Investment and Development Bank immediately followed up the next day, and it was only slightly higher than the market interest rate.

However, there is a limit to the increase in interest rates, and if the interest rate is too high, although the depositors are happy, the people who need to borrow money will have to bear higher costs, and the excessively high costs will naturally force these people to reduce the amount of loans, or they will not lend at all, and the absorbed funds will not be able to lend, and there will be no profits, and the interest that the bank will give to the depositors will need to be paid by the banks themselves, and the more deposits they absorb, the more they will naturally lose money in the end.

However, Jia Jiying, who has deep pockets, doesn't care, not to mention that his Northern Investment and Development Bank is strong and can afford to spend it with these people. The most important thing is that Jia Jiying is not worried that he will not be able to lend out the deposits he has absorbed, Song Zhewu has already told him that the Taiyuan Administration, Suiyuan, and Inner and Outer Mongolia will soon launch large-scale economic construction, and not only will there be more places to use the money, but also the benefits will be very considerable.

Therefore, after several rounds of competition, Shanxi Bank and Bank, including Jinsheng Bank and Yuhua Bank, have died down and lost in embarrassment, stopping the interest rate war.

Of course, this financial war will inevitably affect the pond fish, and Dadetong has also suffered deeply, and under the current high interest rate, Dadetong will not support it for long.

After this contest, anyone with a discerning eye can see that the closure of these banks and banks has become inevitable.

However, these banks and banks have no way at all, and in ancient times, business wars have always been dominated by those with deep pockets, who let their financial resources be small. It seems that in Shanxi's banking industry, the situation of the Northern Investment and Development Bank being the dominant one is inevitable. It is said that Yuhua Bank is already considering moving its head office to Tianjin.

In Jia Jiying's plan, he wanted to force all the small banks and many small banks in Shanxi to close their doors, and concentrate depositors in the Northern Investment and Development Bank, so that there would be more funds to support Song Zhewu's development plan.

Originally, Jia Jiying also had a plan, that is, the Northern Investment and Development Bank increased its capital and shares, attracted the funds of these banks and banks that he had forced cornered, made the Northern Investment and Development Bank stronger, and at the same time gave these former peers a way out.

But as soon as he mentioned this matter to Song Zhewu, Song Zhewu resolutely rejected Jia Jiying's plan without hesitation.

The reason is that Song Zhewu believes that if the capital is increased and the shares are expanded, then the operation of the funds of the Northern Investment and Development Bank will be subject to the supervision of these shareholders, and the flow of many funds of the Northern Investment and Development Bank in the future will be kept secret, and it will even be impossible for him to use the funds of the Northern Investment and Development Bank as military expenses at will, which is absolutely unacceptable.

In addition, there is another reason that in Song Zhewu's plan, he really wants to invest these funds in industry, and only when the industries in Shanxi, Suiyuan, and Inner and Outer Mongolia are greatly developed, can the economy of Shanxi and even the provinces under his control truly prosper and develop, and can the Shanxi provinces really become his reliable logistics support base.

Although Jia Jiying felt very sorry for Song Zhewu for letting go of such a great opportunity to develop and expand the Northern Investment and Development Bank, he also believed that Song Zhewu's view was right, and it was impossible for any bank to achieve great development without the support of many thriving industries.

"Commander, our Northern Investment and Development Bank is now not only strong, but also after this sorting out of the Jin banknotes, the country's reputation is very great, and the reputation is also very good, I think, we want to take advantage of this opportunity to take advantage of this opportunity in Kulun, Baotou, Suiyuan, including Datong, Wutai, Linfen, Jinzhong Shanxi large and medium-sized cities, as well as Shenyang, Beiping, Tianjin, Shijiazhuang, Zhengzhou, Kaifeng, Jinan, Qingdao, Shanghai, Nanjing, Wuhan and other economically developed areas of the big cities to open branches, and so on in the future strength of one step stronger, but also in Guangzhou, Opened branches in Hong Kong and other places. With this time in mind, it's easy for our branches to open up and grow smoothly in the local area. ”

Jia Jiying was not complacent because of the victory in sorting out the Jin banknotes, but immediately set his sights on the whole country, which made Song Zhewu very satisfied, and also proved that Jia Jiying's talent is genuine "real gold". Especially after sorting out the Jin banknotes this time, almost all the overall plans were designed by Jia Jiying, and Jia Jiying's ability is nothing to say.

"Excellent! However, the branches set up outside the areas under our control should mainly absorb deposits, supplemented by loans, and the funds of the Northern Investment and Development Bank should mainly support our own development. You can take care of this matter with all your powers. ”

After this period of contact with Song Zhewu, Jia Jiying believes that Song Zhewu is not only far-reaching, but also broad-minded, much more atmospheric than Yan Xishan, and is definitely a person who does great things, and he feels very happy to follow such a person. In particular, the Northern Investment and Development Bank is extremely strong, and this dragon can be used to stretch out as much as possible and do a good job.

Although Jia Jiying was very excited, she didn't show excessive joy on her face, she just smiled and thanked Song Zhewu for reusing herself.

"Commander, I still have a plan, you can take a look first."

As he spoke, Jia Jiying took out a plan from his purse and handed it to Song Zhewu.

Song Zhewu was a little surprised, and said in his heart: "This Jia Jiying is really idle, now that many things are not completely over, he has begun to open branches throughout the country, what is the plan this time?" ”

However, when Song Zhewu finished reading Jia Jiying's plan, Song Zhewu didn't just appreciate Jia Jiying's talent, Jia Jiying shocked Song Zhewu more.

Jia Jiying mentioned in his plan:

In 1923, the "Great Kanto Earthquake" dealt a serious blow to the economy of the company, and when its economy had not yet recovered, the current economic crisis of the world surname occurred, which made the already depressed economy of the city even worse, and this crisis was called the "Showa Crisis" in the company, which completely pushed the company into the abyss of the crisis, and dealt a heavy blow to all aspects of the society.

(To be continued)