Chapter Thirty-Eight: Price War!
Five days passed quickly, probably in the blink of an eye.
Originally, Chumo and Ganyu were very happy to play in the mountains and rivers, but after Liuyun borrowed Feng Zhenjun to join in, it became Ganyu's large-scale social death scene. Especially in front of Chu Mo, Ganyu felt that his face was lost!
At first, Ganyu would resist a little. Then ushered in Liuyun borrowing the wind Zhenjun with a rebellious look at the child's adolescence, although under the resistance of Ganyu, Liuyun borrowing the wind Zhenjun will stop for a while, but after a while, it will be said again. On this Ozang Mountain, there are too many traces of Ganyu......
It was originally a five-day easy holiday, but now it has become a black history public meeting, Ganyu said that he can't talk about his suffering......
As soon as the five days passed, Ganyu had to leave the Ozang Mountain. But don't be reluctant, it's the Lantern Festival in a little more than a month, so it's okay to let Chu Mo come to Liyue Harbor or Ganyu to visit Ozang Mountain again......
Before leaving, Chu Mo asked Ganyu to bring a few inventions and put them in the space of the Vision of God. Tell Ganyu to take it and show it to Tianquan Xingningguang. and told Tianquan Ningguang that if he wanted to cooperate, let him come to Aozang Mountain to find him.
Ganyu was happy in her heart, isn't this a reason to come! As the secretary of Liyue Seven Stars, and one of the few people who is very familiar with the Ozo Mountains, he is the only one in terms of guidance and safety! When the time comes, I will be able to accompany Xiaomo for a few days.
……
Liyue Harbor is still a thriving scene, but there is a dark tide behind the scenes!
Shopping malls are like battlefields, and this sentence is not wrong at all!
At the beginning of this year, Northland Bank officially began to enter Liyue Harbor, but before its foundation could be established, Ningguang was recommended by Chu Mo to become the Heavenly Power of the Seven Stars of Liyue! After becoming a Tianquan star, the first thing he vigorously did was to suppress the Northland Bank!
Of course, since the Emperor had signed a contract with the Solstice Kingdom, even the Seven Stars of Liyue couldn't stop the Northland Bank from becoming bigger and stronger on the surface!
But normal business competition, even the Solstice Country can't find any reason!
That's how Guangmo Bank came into being!
Because of the advanced concept analysis of Chu Mo, Ningguang has a great understanding of what finance is! Although Chu Mo knows a lot of things and knows how to fight financial wars, Chu Mo only stays at how to win the war, while Ningguang can maximize benefits while winning the war!
In the beginning, the Northland Bank deposited 10,000 morals, which required a storage fee of 100 moras per year. Although 100 Mora doesn't sound high, you can know that you need to pay 1% of the storage fee every year, that is to say, after 100 years, your 10,000 Mora will not be your own!
Of course, Rao is also cheaper than Liyue's bank. Well, the money bank initially received two percent......
In order to lure the Northland Bank into the set, Guangmo Bank and the Northland Bank started a price war.
The bank was directly reduced to 0.5 percent.
Although 0.5 is not much, as long as you can take 0.5 less money, no one will give it to others in vain. After all, most of the people who can deposit money in the bank are big businessmen who have tens of millions of Mora, or even hundreds of millions of Mora. If it is less than 0.5 percent, then 10 million can save 50,000 Mora a year, and 100 million can save 500,000 Mora.
In order to gain a firm foothold, Northland Bank had no choice but to reduce the custody fee to 0.5 percent.
Even if it was 0.5 percent, on the one hand, an official bank built by the Heavenly Power Star of the Seven Stars of Liyue, and on the other hand, a foreign bank with no foundation, how to choose was simply obvious? So the customer didn't end up going back to Northland Bank.
Anyway, the Northland Bank is just trying to open up Liyue's situation and gain a foothold for the Fatui in the future, and it doesn't matter if it makes money or not, or how much money it can make.
But then, Guangmo Bank said that we had dropped to one in 1,000!
As soon as one thousandth comes out, the Northland Bank is also strong, then I will be one in ten thousand!
But Ningguang came directly and didn't want any money, not one in 10,000!
At this time, if the Northland Bank does not want to flee back to the Solstice Country in disgrace, it can only lose money.
Solstice is also a big business, and after taking it all together, I found that as long as I lost a little less, it only took a year to gain a firm foothold in Liyue, and when it happened, even if it was a bank, it would be no problem.
Therefore, the country of Solstice sends money directly out, giving out 1/10,000 every year! One in 10,000, even if you save hundreds of millions of Mora, you will give away hundreds of thousands a year! It's just a little money!
Guangmo Bank also began to send money, and directly pulled the interest rate to the level of 1%!
One hundredth, 100 million Mora of storage, 1 million Mora will be given away in a year!
Because the price war was very high, the Northland Bank immediately decided that we would also give 1 percent. But one percent is not competitive, and if they want to improve again, then they will lose to death!
However, under the "guidance" of Ningguang, Northland Bank came up with a clever trick. We can pay interest once a month!
This is truly a sensation! Don't look at the vigorous price war between the two banks, but businessmen are cautious and skeptical about this 1 percent interest rate.
The one-in-a-month profit of the Solstice Kingdom instantly caused a sensation in Liyue Harbor. Anyway, a month is not a long time, but anyone who has a little spare money is ready to deposit it in the Northland Bank to give it a try, anyway, under the witness of the Emperor of the Rock King, he is not afraid of default!
Under the vigorous deposit boom of Northland Bank, Guangmo Bank seemed to have died down and lost its voice. Not even a few people are saving money there.
Just when Northland Bank thought it had won the price war, a month later, it came!
Because most people just want to verify whether the interest rate is real or fake, so they don't plan to save for a long time, just prepare to save for a month to test the water!
Just when they wanted to withdraw money, Northland Bank found that they couldn't take out the money!
Mora's base is too large, even one percent, and Northland Bank can't afford it.
Of course, the most important thing is that Ningguang has been fueling the fire!
Although Guangmo Bank does not have the banner of issuing once a month, it also has an interest rate of 1 percent, so there are still many people who have deposited in Guangmo Bank.
But...... Ningguang deposited this part of the people's money into the Northland Bank, and even deposited most of his own worth into it!
How much Mora is in reserve throughout Liyue? Even if not everyone saved money, even if it was only 10% of Liyue Mora's reserves, it would not be something that the Northland Bank could afford to lose!
However, Liyue is a land of contracts, and those who break their word should be punished by eating rocks. You can't even pay for it!