king.

Chapter 494 See Through
The competition lasted for three days before it ended. Except for a few unlucky guys who were injured in the fighting, everything went smoothly and all parties were satisfied.

The dignitaries completed a political performance, the melon-eaters watched the excitement, and the students showed their faces in front of the big shots.

As a special guest, Hudson also acted as an award presenter with several ministers.

As for His Majesty the King, who had the most distinguished status, he quietly left the scene before the game was over.

After suffering a loss, the royal family has learned a lesson and will never let strangers get close to the king.

With so many people at the scene, no matter how strict the review is, there is no guarantee that no assassin will sneak in.

Not only the king, but also all the dignitaries in the capital are surrounded by strict security measures.Only a very small number of people who are themselves strong dare to travel alone.

What's interesting is: the tighter the security measures, the greater the probability of being assassinated. On the contrary, he traveled alone and was not the assassin's target.

For example: Hudson, a dragon knight, often flies around in the sky, and has never encountered an assassination.

Other eighth-level powerhouses in the kingdom are rarely assassinated.Those who are often patronized by assassins are usually nobles with weak personal strength.

Obviously, when the assassin takes orders, he has to pick soft persimmons.

With the completed magic crystal card, Hudson set foot on the way home with satisfaction.

The next task is to distribute these magic crystal cards, which cannot be completed in a short time.

By Hudson's standards, the bank's customer base was small, if not very small.

In order to ensure that these magic crystal cards will not become dead cards in the hands of customers, all magic crystal cards issued for free are bound to their identities, and only those who spend money can choose to be anonymous.

……

Xueyueling, Duke's Mansion.

"My lord, this is the latest data from the bank. Within half a month of opening, we have issued nearly 180 Magic Crystal Cards and collected [-] million gold coins in deposits.

The current card users all come for your name.They don't care about the specific business of the bank, and only a small number of nobles have consulted about exchange and loan business.

The deposit business data is mainly drawn from the territorial income deposits.If the deposit in the bank of the lord's mansion is deducted, the actual deposit amount is less than 86 gold coins.

On average, the per capita deposit of customers is only 2000 two hundred gold coins.

According to the data analysis, customers who deposit [-] gold coins are all to cheer you up, and there is no need for loans or exchange in the short term.

Only about one in ten customers will have business communication with us in a short period of time, mainly remittance and currency exchange.

According to your regulations, no exchange fee will be charged within one year, and these businesses will lose money in a short period of time.

Regardless of the cost of the Magic Crystal Card, we have invested 11 gold coins in the Near East Development Bank so far.

It mainly includes: purchasing real estate, building a treasury, arranging a magic circle, personnel training, equipment procurement...

According to the current situation, the bank's monthly operating costs will be maintained at between [-] and [-] gold coins.

Mainly the Wangdu branch needs to be equipped with a large number of security personnel, which increases the investment in security funds.

If the business volume increases in the future, funds will need to be transferred among the three major branches, and the transportation fee will also increase.

Considering the actual situation, we must start the lending business as soon as possible to let the funds in the account flow, so as to realize profits as soon as possible.

After risk assessment, Shandiling Branch is currently the most suitable for loan business.We have been operating in the southeast province for the longest time, and we are very familiar with the situation of potential customers, so we can effectively control risks.

Because of the war, many small and medium-sized nobles had financial problems and needed a sum of money for emergency.

With territorial income as collateral, there are basically no accidents.No one dares to maliciously breach the contract just in your name, the Duke.

Followed by Wangdu branch.

Although it has only just started to operate there, the capital of the kingdom radiates the whole country. There are many nobles who come and go every day, and there will always be those who lack funds.

Some businessmen are also potential customers. As long as there are properties in Wangdu as collateral, the security of the loan is also guaranteed.

The worst situation is the Xueyueling branch.

The current situation in the Near East is unclear. Once the orcs invade wantonly, it will be difficult for the small and medium nobles to resist.

However, there are also the most potential customers here, and most of the noble lords lack funds.As long as the wind is released, customers will come to the door immediately.

For safety reasons, Xueyueling Branch had better not rush to start business in the Near East.Anyway, many nobles in the seven provinces of northern Xinjiang are also short of funds, so we can do business there first.

After the kingdom's defense line is completed and the Near East region has a certain self-protection capability, it will not be too late to start the lending business! "

Rudolph said cautiously.

As the Minister of Commerce, he had just achieved a balance of payments, and was suddenly appointed by Hudson as the president of the Near East Development Bank. He only felt Alexander.

It's as if the loss-making projects in the territory have to go through in his hands.You must know that the several projects he took over before were also at a loss at first.

It seems to be analyzing, but in fact it is also implicitly persuading.Prior to this, Hudson had planned to inject 100 million capital and issue construction loans to nobles in the Near East.

It's just that because the bank construction requires capital investment, the 100 million gold coins injected in the early stage were used as infrastructure investment.

Including purchasing magic crystal card raw materials, investing in basic hardware, purchasing magic potions and sponsoring competitions...

Among them, the purchase of magic potions is a left-handed and right-handed business, and the purpose is simply to increase the cost of the bank.

From the book point of view, since the establishment of the Near East Development Bank, Hudson has invested 120 million gold coins.

This is just the beginning. If there is no accident, the cost input on the books of the Near East Development Bank will continue to rise.

The reason for such a high cost is not to scare away competitors. In fact, there are no competitors.

Dare to issue loans in the Near East, in itself is similar to doing charity.Uncontrollable risks are enough to dispel everyone's investment enthusiasm.

The main purpose is to show it to the outside world.

With the high cost input as a foreshadowing, it becomes logical to charge subsequent handling fees and loan interest.

The identities are different, and the perspectives of considering issues are also different.As the president of the bank, Rudolph had to consider the safety of the bank's funds, so he naturally hated this kind of uncontrollable loan business.

I don't know how much impact the 100 million gold coins will have on the land of the Near East. Anyway, no one knows how much these loans can be recovered.

Seventy percent?

[-]%?

Or [-]%?

It is even possible to lose everything.

Huge capital losses have always been a chain reaction, which will not only increase the bank's bad debt rate, but may also trigger a run crisis.

"Now that we are ready, let's start business! The bank's primary task is risk control. Although our cost of obtaining funds is not high, the security of loans must be guaranteed.

Every loan must have collateral.In the absence of sufficient asset collateral, leave it to customers to find a guarantor.

In principle, we only do mid-to-high-end customers, and the minimum loan amount is tentatively set at [-] gold coins.

If it is lower than this figure, the interest return rate of 15.00% is too low, and too many customers appear at once, and we cannot supervise them.

The situation in the Near East is special. According to the normal risk assessment, none of them can pass the audit.

For customers in the Near East, you should review them first.It mainly depends on their identity background and military strength in their hands, as well as the specific location of the territory.

After the review, attach the relevant materials and report to me, and then decide whether to grant a loan to them. "

Hudson doesn't want to do a loss-making business.But there are some things that have to be done.

As the largest aristocratic lord in the Near East, he has not only rights, but also obligations.

If the younger brother below has the potential to develop, Hudson definitely doesn't mind investing a wave.Even if it loses economically, it will earn back politically.

What's more, if these loans are released, they may not lose money.Even if it becomes a bad debt, it is just a loss of money on the bank's books.

Without personal experience, it is difficult to imagine the power of finance.Issuing loans is only the first step. Controlling the economic lifeline of the Near East through loans is what Hudson wants.

After hesitating for a while, Hudson added: "Considering the risk issue, some additional conditions can be set up, for example: tax exemption for Xueyue Ling's products.

Or after getting the loan, they must spend a certain percentage of funds to purchase supplies from Xueyue Ling.

The specific terms shall be determined by you according to the actual situation.The loan business has just begun, so don't set too many additional conditions! "

Originally, he didn't want to say these words of challenging the lower limit.However, everyone has never seen the face of the bank, so they will definitely not understand it for a while.

If you rely on capital to self-evolve, without decades of exploration, it is difficult to figure out these hidden means of profit.

Simply relying on the interest rate difference to make money is too low-end.In many cases, the profits brought by the additional conditions even exceed the loan itself.

Anyway, the meat is in the pot, and Hudson won't mind whether the profit is in the form of loan interest or tax or rent.

Money is real money only when it is flowing, and it is a bunch of numbers lying in the vault.

In this world where wealth is highly monopolized and concentrated, the money has just been loaned out from the bank, and it will soon be turned into other people's deposits and flow back into the bank again.

"Your Excellency, if you are conducting business in three places at the same time, the money in your bank account may not last long.

Especially the Xueyueling branch has less than 30 gold coins in cash, half of which is the project money we want to distribute.

......"

Before Rudolph could finish speaking, Hudson interrupted: "Xueyue doesn't have enough cash, so I will issue a gold ticket as a supplement.

All major chambers of commerce are able to issue golden tickets, and we can follow suit.Do a good job of magic anti-counterfeiting marks, and then limit the number of releases.

According to the order, all industries in the territory will receive the golden notes issued by the Near East Development Bank.

As for other merchants' approval, there is no mandatory requirement.With our monopoly position in the Near East, it is only a matter of time before the golden notes are circulated.

Just like this, the loan issued will be directly credited into their magic crystal card.Provide transfer services for bulk material transactions.

Tossing back and forth with a large amount of gold coins is a burden to both parties in the transaction, and it is definitely not as convenient as direct transfer.

At least salt, iron, and grain, which are monopolized by us, can be forced to use transfer transactions.

As long as you do it a few times, you will gradually get used to it.

After you go down, think about it again.After you get through these paths, you don't have to worry about running out of cash anymore.

No one stipulates that banks can only issue loans as much as they have capital.

As long as there is money in the treasury, loans can be made to the outside world.Be conservative in the early stage, and first control the capital adequacy ratio at 30.00%, in order to deal with the run-on crisis in unexpected situations.

After the reputation is established, the leverage can be gradually increased.The specific standards will be determined according to the subsequent development of the situation. "

……

Hudson is still worrying about the development of the Near East, and the kingdom's intelligence organization has already taken action.

In order to promote the modernization process of the orc empire, the spies buried in a group of powerful races in the kingdom have been activated at this moment.

A pluralistic monarchy is not in the interests of certain orc empires, but certainly in the interests of these races that desire to go further.

The task is consistent with the interests of the race of the family, so there is no need to worry about anything, just do it directly.

Tiger tribe resident.

Ever since the four royal families announced that they would compete for the position of the royal family through a legion battle, the atmosphere here has never been relaxed.

"Putru, where did you come up with this plan?

I don't believe that with your brain, you can come up with so many things in a short period of time. "

The tiger patriarch's question made Putru smile awkwardly.

In order to enhance their persuasion, the Alpha Kingdom gave them a complete set of theories.As soon as he opened his mouth, Putlu fooled the upper echelons of the clan.

It's a pity that he showed too much effort, which didn't match his usual personality, and was immediately spotted by the tiger patriarch.

"Patriarch, it doesn't matter who came up with these things, the key is that they are useful to us.

If we follow the requirements of the four royal families and bring the main force of the clan to participate in the legion battle, even if we can win, we will suffer heavy losses.

Even if they fulfilled their promise in the end, in our orc empire, if there is no powerful royal family, is that still a royal family?

Maybe the position of the royal family hadn't been held for a few days, but someone took it down again.Just look at the Beamon family. They are the oldest royal family, but they were mercilessly exiled to the front line.

If the war broke out one day, the Beamon clan might become history.At this critical moment, we can't be stupid! "

Putru explained confidently.

Before that, he had already been brainwashed by the theory of "pluralistic monarchy", thinking that this new political structure was the choice that best served the interests of the tiger race.

"What you said is somewhat reasonable. Judging from the current situation, the overall strength of our five races participating in the royal family competition is almost the same.

If the fight continues, there will probably not be a real winner in the end.If you can't monopolize the position of the fifth royal family, it is better to join hands to increase five seats.

It's just that this matter is not something that our family can decide, and we need the support of the other four families to have the strength to negotiate terms with the four royal families! "

The tiger patriarch said cruelly.

The current Tiger Clan has been cornered.There has never been a retreat in the battle of the royal family. From the day when their strength was exposed, they had no choice but to fight to the end.

The situation of the other races is similar to them.In the beginning, it all stemmed from ambition, but now there is no way out, and they can only fight to the death.

Even if they take the initiative to give in now, after the new royal family is born, they will still not let them go.

"Patriarch, since you also think it is feasible, then let's act quickly!
Taking advantage of the lack of reaction from the four royal families, first unite everyone to create established facts.

If it's too late, the word gets out.With the four major royal families coming out to cause sabotage, it is not so simple to unite with all parties! "

Putru tried hard to persuade.

The gap between the orc race and the orc royal family is not only the racial strength, but also the political status.

It is not the orc royal family, no matter how powerful they are, they are still living a precarious life.

These races, if they weren't able to fight on their own, would have hidden their strength in secret.I am afraid that he has been reduced to cannon fodder for fighting with the human race during the continental war.

You must know that there are not one or two orc races that declined because of the war.Among them, some powerful races have a comprehensive strength even comparable to that of the tiger people.

There is only one reason for their downfall—to appear too early!
In name, the orc royal family is protecting the diversity of the orc race, but in fact they are the biggest black hands that lead to the decline of all races.

The protected ones are all races with low combat effectiveness, special skills, and willingness to be their younger brothers.

As long as a powerful race like the Huren tribe showed a little bit of strength, it would become a thorn in the side of the royal family and a thorn in its flesh.

"Putru, when did you get in touch with the human race?"

Putru was shocked by the questioning of the tiger patriarch.This is his deepest secret, and he has never revealed it to any tiger people.

"Patriarch, what are you talking about, how can I have contact with the human race?

Except for the smuggling caravans of the human race, I have never had contact with humans, how could I have contact with them! "

It's okay if you don't explain it. With such an explanation, the tiger patriarch is more sure of his guess.

"Humph!"

"Putru, do you think I'm a fool?

Besides the cunning human race, who could find a solution to the situation in such a short period of time?

If he had this ability, he would have done it long ago, so why delay it until now! "

(End of this chapter)