Beiyang reactionaries

Although the Savings Bank of China has just begun to build, its strength after the build is completely conceivable.Not to mention that in the past two years, China Bank of Communications and China Commercial Bank have developed vigorously, taking the government's reputation as the background, and wantonly snatched away those customers.

Government banks, as long as they don't act indiscriminately, are inherently superior to private banks.In particular, the government itself has a lot of business, handing it over to the government bank will give them huge benefits.

Not to mention anything else, just putting the government's taxes in those banks will give the banks a huge flow of funds.Which private bank can compare with such a capital flow.

This is the gap.

"kindness."

Qian Xinzhi nodded.

Looking at Chen Guangfu, he said, "Brother Guangfu, I came to Shanghai to meet you at the critical moment of the establishment of the Savings Bank, and there is one thing I want to discuss with you."

"Say."

"Brother Guangfu, the Savings Bank of China is mainly based on the 'Northern Four Banks' and merged with other northern banks. The main business is in the northern region. But you also know, in terms of current China, who is Shanghai? It is also unavoidable, especially for banks, it is even more impossible to avoid Shanghai. If the Savings Bank of China wants to develop, it must also open up new businesses in Shanghai."

"kindness."

Chen Guangfu agreed with Qian Xinzhi's words.

From the present point of view, Shanghai is really the most important place, the place with the most developed economy in China, and the place with the most capital flow.Tianjin is actually a very developed place, but Tianjin is still not as good as Shanghai.

Especially the financial industry.

Tianjin's financial industry is not as developed as Shanghai's.It is a correct decision for China Savings Bank to develop in Shanghai.Shanghai is China's current financial center, and any ambitious bank will develop in Shanghai.

"Brother Guangfu, have you ever thought about cooperating with our bank?"

"what do you mean?"

"You sell the Shanghai Commercial Savings Bank to our China Savings Bank, or you use this bank to invest in our China Savings Bank."

Chen Guangfu was surprised to hear Qian Xinzhi's suggestion.

There was no immediate answer.

Because he never thought about it.Chen Guangfu himself owns a bank in Shanghai called Shanghai Commercial Savings Bank.When Chen Guangfu established the bank nine years ago, he raised 10 yuan, but in the end he only raised [-] silver dollars.

What he does is small savings.

It is claimed that as long as it is one silver dollar, an account can be opened.At that time, he was ridiculed by many people, and many bigwigs in the financial industry thought that Chen Guangfu was joking.What is a bank? Banks are mainly for the sale and purchase of funds.Therefore, the current customers of Chinese banks are all big customers, rich people or those companies.

When did I hear that banks still accept those small depositors?

Even the banks in Shanghai will not accept deposits from small depositors.Because those banks are all about usury, the small depositors' money is not enough for the banks to play.

But Chen Guangfu is different. He is unswervingly doing business for small depositors.One after another, we have successively launched businesses such as zero deposit and lump sum withdrawal, lump sum deposit and zero payment, deposit and interest payment, children's education savings, pension savings, and gift certificate savings.

The savings in the first year were only about 1921 silver dollars, but in 17, the savings had already become 300 million yuan.In the past two years, the development has become more rapid, and the savings have exceeded [-] million.

Chen Guangfu is a very smart banker, not an adventurer.Most of his savings are small depositors, so the funds he chooses are the safest paths to lend.

The profit is not high, but very stable.

And this model is becoming more and more popular among small depositors.Therefore, the business growth of Shanghai Commercial Savings Bank has been astonishing in the past two years, and the savings growth has more than doubled within two years.

It is a miracle in Shanghai's financial circle.

The development in Shanghai is very stable.

Qian Xinzhi wanted to develop business in Shanghai, so he chose Chen Guangfu's bank.It is hoped that it will be merged to develop China Savings Bank's first step in Shanghai.

"Brother Xin, this is no small matter."

"Brother Guangfu, you and I have known each other for many years, so I'll just say something directly."

"Please."

The two are about the same age, have known each other for a long time, and have a good personal friendship.

"Brother Guangfu, didn't you find anything after the Bank of China issued a series of orders recently?"

"Some ideas, but not sure."

Chen Guangfu is a banker.

Since Duan Xun built the Bank of China into the Central Bank of China, every action and every order of the Bank of China will have a great impact on China's financial industry.

Of course, Chen Guangfu also paid attention to the orders of the Bank of China.

During this time, the Bank of China has been making more and more moves, and Chen Guangfu is also thinking about what the Bank of China is going to do.

"Actually, I also speculated. Premier Duan has been strengthening the power of the cabinet since he became the prime minister of the cabinet. He will not allow some aspects of the country to be chaotic. But which aspect is the most chaotic in China at present? It is finance and banking. On the one hand, the cabinet will definitely not allow the financial sector to continue to be chaotic, so it issued an order that local governments are not allowed to issue bank licenses, and banks are not allowed to open banks at will. Similarly, in order to stabilize the financial sector, it will continue to strengthen government-controlled commercial banks strength. This is already the general trend.”

Chen Guangfu nodded.

Agree with Qian Xinzhi's statement.

He has also been considering the intention of the Bank of China.In his view, the intention of the Bank of China is relatively obvious at present, which is to continuously strengthen the government's strength in the financial field.In Chen Guangfu's view, what the government means is that as long as the banks controlled by the government are strong enough, the financial order can be stabilized.

"Brother Guangfu, there is another piece of news that I think will be made public soon. In the next few years, the cabinet will invest a lot of funds in the construction of railways, highways and many factories. In order to manage these funds, the Bank of China is going to use Based on the Industrial Bank of China, a new bank was established called China Construction Bank. Brother Guangfu, think about how much money China Construction Bank will have in and out by then. This bank will become one of the large commercial banks controlled by the government. One. These state-controlled large commercial banks will not let go of Shanghai one by one, and I believe you should be able to imagine how fierce the competition for banks in Shanghai will be."

"kindness."

Yes.

All these large commercial banks will develop in Shanghai.Any big bank will not let Shanghai go, and the competition among banks in Shanghai will inevitably be very fierce.

"Brother Guangfu, don't talk about other things. Among these banks in Shanghai, foreign banks needless to say, they have strong financial strength and are backed by foreign powers. Even the cabinet dare not go too far with them. The banks of Ningbo merchants and Nanxun merchants, They help each other, and their strengths are also extraordinary. And you can’t compete with either side. In the future development of banks, although your bank will find another way, the pressure will also increase. Because many banks will start Value small savers. And in terms of credit, you can't compare with those big banks."

"But?"

Chen Guangfu understood Qian Xinzhi's words.

These banks in Shanghai are all grouped together.Needless to say, foreign banks are very strong.Domestic banks, on the other hand, rely on geographical relationships to form alliances.

Such as the bank of Ningbo merchants and the bank of Nanxun merchants, they all help each other.In comparison, Chen Guangfu is from Zhenjiang, Jiangsu. Although he is very close to the Ningbo merchants, he is not the core figure of the Ningbo merchants after all.

Belonging to the peripheral figures of the Ningbo business circle.

Banks are weak.

But the Shanghai Commercial Savings Bank was my own painstaking effort, so it was annexed by the China Savings Bank, and I still feel very uncomfortable.

"Brother Guangfu, with the development of China's economy in the future, there will be great development in the financial field, and there will be a broader sky. The newly established China Savings Bank will have more than [-] million silver dollars in savings. As long as it is rectified, I am sure Increase the amount of savings to several times in a few years. Don't you want to use your talents in such a vast sky?"

"I?"