Rebirth of the World’s Richest Man

Chapter 3787 Township Enterprises

Xingye Bank was formerly a local financial institution. In 1988, the tide started in the southeast. Starting from 1978, the domestic economy began to develop rapidly. In order to keep up with the economic development, the country began to negotiate the development of professional banks. At that time It became one of the first batch of joint-stock banks approved in China.

Xingye Bank emerged in accordance with history, but when it was first founded, Xingye Bank was really poor. Compared with the four major state-owned banks, it is really terrible.

Including the president, there are only 68 people in the bank, and these more than 60 people work in a simple small building. They also have to "inherit the father's debt" and inherit the huge debt left by the former Fuxing Finance Company.

There were debts at the top and no assets at the bottom. There were 68 people in total, and the family lived in a small dilapidated building. This was almost the same as a bowl at the beginning, and that was all. As a result, not long after its establishment at that time, it caught up with the Rectification and governance, or cyclical macro-control, will naturally make Xingye Bank worse.

What did Xingye Bank use to develop later? To sum up, there are three reasons. The first is service. Other bank employees will never come to provide door-to-door service, but Xingye Bank provides door-to-door service.

Just this little difference is enough for Xingye Bank to develop.

Another one is to find your own path. In fact, these first batch of joint-stock banks in China are struggling to survive in the cracks. The main banking business is controlled by the four major banks.

 In terms of deposit business, other banks simply cannot compare with the four major banks.

Therefore, Xingye Bank also started from private enterprises. The clothing company Lilang can build enterprises, which have investment from Xingye Bank. Private enterprises have a huge demand for funds, but this demand has not been available for a long time. Way to satisfy.

As for the southeastern city where Xingye Bank is located, private enterprises are active, which gives Xingye Bank an opportunity.

 The last one is that Xingye Bank followed the development trend of the times. At that time, Xingye Bank was looking for the market and keenly sensed the securities fund liquidation business, which was not paid attention to by its peers at the time.

 Then in 1996, it cooperated with the Shanghai Stock Exchange and became the first commercial bank in China to carry out capital market banking business and serve the financial interbank industry, which opened the way for its later development in the interbank financial field.

Xingye Bank has developed to this day and can be regarded as a big bank among joint-stock commercial banks.

  However, there is no way this big bank can compare with the four major banks, and it can't even compare with global commercial banks such as Huahua Bank. Therefore, when it comes to cooperation, Xingye Bank proactively comes to us and wants to cooperate.

The chairman of Xingye Bank has been in Xiangjiang for several days. This is the first time he met Jiang Xiaobai.

“Director Jiang, I have long admired your name.” The chairman of Xingye Bank held Jiang Xiaobai’s hand and said excitedly.

“Director Wang, I’m sorry, I have been dealing with some things these past two days and I have some free time. Please sit down.” Jiang Xiaobai was also very enthusiastic about the chairman of Xingye Bank.

Director Wang felt a little flattered. Although Jiang Xiaobai is also a private enterprise, it is different from those domestic private enterprises that cooperate with Xingye Bank. Other domestic private enterprises that cooperate with Xingye Bank are door-to-door. I came to ask for help from Xingye Bank.

Although the scale of Xingye Bank is not too large, it is compared with the other four major state-owned banks. Xingye Bank is not large in scale. Compared with other private enterprises, Xingye Bank is also a bank. ,

 Just the word "bank" reflects this gap.

These other private enterprises have no initiative in front of Xingye Bank and are all asking for money. But Jiang Xiaobai is different. Huaqing Holding Group wants a loan. First of all, the four major domestic banks are willing to provide it, and there is no need to borrow from small banks like Xingye Bank.

 The other one is that Huaqing Holding Group does not need to borrow from banks at all. It is not that they are short of money. They have their own banks. There is Huahua Bank in Southeast Asia abroad, and there is Oriental Bank in China.

This can also be called a private enterprise. Which private enterprise has two banks, one of which is a global commercial bank, ranking among the top 20 commercial banks.

Just like that, Jiang Xiaobai also said one day that he was a township entrepreneur. Which township entrepreneur is like this? They are all township entrepreneurs. Jiang Xiaobai, a township entrepreneur, represents too high a level.

This and other township entrepreneurs are all township entrepreneurs, but the upper and lower limits are not at the same level at all. There are township entrepreneurs like Jiang Xiaobai, who has a global commercial bank ranked 20th, and a domestic commercial bank. Joint stock bank shares, the largest shareholder of the state-owned bank China Construction Bank, holds 20% of the shares and a director seat.

 Holds shares in Gongshang Bank.

 This is also called a township entrepreneur.

Those who have a small factory with a dozen or so workers and whose products cannot be sold in the city and can only be sold locally are also called township entrepreneurs. The gap is really huge.

 So he was not used to Jiang Xiaobai being so enthusiastic towards him.

"I've heard of Director Jiang's reputation a long time ago, but unfortunately I didn't have the opportunity to meet him. We have a very good relationship with the Shanghai Stock Exchange, and we also have a good relationship with the original Director Lin. I also heard from Director Lin. Let’s talk about Dong Jiang’s affairs.

I have wanted to meet Director Jiang for a long time, and today I got my wish. "Wang Dong said.

Jiang Xiaobai said politely: "Dr. Wang has said it before, I am just a businessman, and I don't have such high praise. On the contrary, Dong Wang can lead Xingye Bank through the ragged road to where it is today, seizing every opportunity." Opportunity, this is not easy.”

Jiang Xiaobai is really rude. In the era he lived in, Huaqing Holding Group and Huahua Bank were able to reach today. That was because of the times, or the factors of the times accounted for a lot.

Huaqing Holding Group, its subsidiary Changxingju Real Estate Company, had already firmly entered the home and beverage industry when the domestic real estate industry started to show signs of development. It entered the market during the two Coca-Cola wars, and other industries are basically the same. of.

 That is the advantage of the times.

Let alone Flowers Bank. If there had not been an accident in the north and the depreciation of the rupee, there would be no Flowers Bank. If there had not been the financial crisis in the southeastern countries, there would be no Flowers Bank today.

The fact that this has come to this day is more due to the factors of the times rather than how much effort Jiang Xiaobai has put into it.

 (End of this chapter)