Rebirth of the World’s Richest Man

Chapter 3490 Complex Bank

 “Hello, Mr. Jiang.”

“Director Jiang welcomes you to come and inspect the work.”

 “Hello, Mr. Jiang.”

 A group of people gathered around Jiang Xiaobai to say hello.

Jiang Xiaobai only knew the names of these executives of the branch, but did not know the details. He smiled casually, shook hands with everyone one by one, and walked into the office building of the Huahua Bank branch.

The current office area of ​​Huahua Bank is no longer on the floor of the original business department. It is in a building in Central and has rented more than ten floors of office space.

The group of people began to report to Jiang Xiaobai in the conference room about Huahua Bank’s Yazhou branch’s situation in the first three quarters of this year.

Jiang Xiaobai had a thick pile of information in front of him, and Zhang Tingting also had a pile of information in front of her with a troubled expression. When it came to the bank's information or operations, not to mention Zhang Tingting, even Jiang Xiaobai had a headache looking at it.

 A person's energy is always limited. Jiang Xiaobai is not proficient in banking business and does not understand many things.

This pile of information is placed in front of you, with professional terms and data one by one, which makes people feel sleepy.

Jiang Xiaobai didn't bother to read it, so he just listened. Various data are also a headache because there is too much data. These data include the Yazhou branch's revenue in various countries and regions, the amount of loans granted, the amount recovered, the deposits absorbed, how much profit there is, and the local revenue compared with the same period last year. level, compared with the growth of the previous year and the previous three years.

There are also subdivisions, corporate loans, personal loans, supportive loans, the original planned loan balance, asset balance, deposit balance, non-performing loan balance, dismantling business, bond business...

 Core assets, auxiliary assets, deduction items, net risk-weighted assets, core capital adequacy ratio, capital adequacy ratio…

　One term after another, to be honest, a bank is a very complicated thing. It is different from other companies, such as Yaohan Company.

 Although there are year-on-year, month-on-month, and a series of data, they are all very easy to understand.

 Simply summarized, it means how many stores there are, what is the profit of each store, the total profit, gross profit, and net profit.

 In these stores, which areas have the highest profits and which areas have the lowest profits.

 How to control costs, how to choose stores, plus logistics.

 That’s all these things. Although they are not simple, they can basically be understood and understood.

 But this bank is different. It is a very complex system. It has deposits, loans, dismantling business, securities business, financial management and investment business.

 Each system is divided very carefully. Moreover, banks carry a lot of leverage, which is completely different from enterprises.

 So this kind of thing requires professional people to do it. When Huahua Bank was established, Jiang Xiaobai used only familiar people.

For example, Song Weiguo, Wang Chao, Wang Meng, Song Xin, Liu Jian, Li Laosan, etc. are all people he is familiar with and who grew up with him. Among these people, it turns out that Song Weiguo is a glass factory. Head of the sales department. Wang Chao is a small businessman, Wang Meng is an educated youth who went to the countryside, Song Xin is an overseas student, Liu Jian is a college student, and Li Laosan is a villager.

These people have gradually grown up with the advancement of Jiang Xiaobai and the development of Huaqing Holding Group.

 It is also normal to be able to fulfill one's position and keep up with development. No one is born as a division director, manager, or factory director. They all grow up through acquired experience.

At that time, Jiang Xiaobai didn't even consider hiring senior executives from outside. One was because he was worried, and the other was the general environment at the time. There were no headhunters. You think he wanted to hire a senior executive from outside? It's very, very difficult.

 So Jiang Xiaobai has a group of people he is familiar with and has grown up with.

 But only when setting up Huahua Bank, Jiang Xiaobai did not find someone under him to take charge of Huahua Bank. Instead, he found Mr. Huang.

With complete unfamiliarity with the place, I approached Mr. Huang and asked him to help with Huahua Bank. This is because the banking industry is really not something that outsiders can understand.

 It is very complicated, and it can be said that it is completely different from an ordinary enterprise.

"Mr. Huang, don't read these detailed data. Just talk about the overall profits here, deposits and loans, and the investment and outlets." Jiang Xiaobai was too lazy to extract the key points in these reports.

 Mainly because those who listened to the data were tired and groggy.

As soon as Jiang Xiaobai said this, Zhang Tingting on the side was obviously relieved. She was also a little scared. If she were to chew down these materials, she would probably not have to sleep at night for the next few months, and would have to work overtime to fully understand these materials. .

Because once Mr. Huang finished the introduction, she was also listening. If Jiang Xiaobai couldn't remember anything and asked her later, she, as a secretary, couldn't keep track of all the questions.

"Okay, Director Jiang." Mr. Huang also knew that Jiang Xiaobai didn't like to hear these long talks, so he simply reported it concisely and clearly.

“Director Jiang, in the first three quarters of this year, according to our statistics, the total main business revenue was 45 billion, of which the net profit was about 5 billion.

 At present, the total amount of bank deposits is about 600 billion, of which long-term deposits are more than 140 billion, and the total number of loans is about 400 billion.

 The overdue loans total about 700 million..."

As Mr. Huang said, Jiang Xiaobai felt a little distressed. Damn it, overdue loan. Isn’t this just the money he owes himself and he won’t pay it back?

Seeing that Jiang Xiaobai's face turned a little dark, Mr. Huang was also hesitant in his words. He didn't know if he needed to continue reading the rest. If he continued to read, Director Jiang would get angry.

Just one overdue loan made Jiang Xiaobai angry. There were also sluggish loans and bad debt loans behind it.

It is still possible to recover overdue loans, but sluggish loans and bad debt loans are more serious than that. Basically, 80% of them cannot be recovered.

 So do you want to continue reading this?

Although Jiang Xiaobai's face was ugly, he also noticed Mr. Huang's expression and couldn't help but said: "Continue to report, it's okay, it's just an overdue loan of 700 million. This bank is operating normally, and the loans given out cannot be recovered. Maybe, I understand this, even usurious loans cannot be recovered, not to mention that we are serious banks, continue to read..."

 (End of this chapter)