Chapter 242： Open a bank

In the Governor's Mansion, Wu Changqing, after reading the report of the Brick Factory, brought Wu Zhiyue and Gu Yanwu together to discuss with them about the preparation of the bank.

He needs money for all kinds of engineering construction, so a lot of his daily time is spent on how to make money.

When it comes to making money, the most profitable industry in future generations will be banks. Therefore, Wu Changqing also wanted to get the bank out.

In fact, during this period, there were also institutions and banks similar to banks in the private sector.

However, in this period, people need to pay interest to deposit money in the bank, so the people's willingness to save money is not very strong, and the bank will naturally fail to grow.

Moreover, the credibility of private banks is a problem. It is not easy to make people believe in these banks. It is not easy to put money in the banks. Once there is a bit of turmoil, a run is prone to occur, causing the banks to dare not use too much deposits for investment and money.

These are the reasons why the bank cannot grow. From the perspective of Wu Changqing's later generations, the people who run the bank are quite stupid.

Why go to covet that little bit of interest? This is not forcing the people to put their money in their pockets and hide them in the cellar.

Which bank in later generations will collect money when taking deposits from depositors? They are all rushing to send interest to depositors to absorb funds. It’s not rare for people to make money, and they can use this money to lend more money.

Of course, there are not so many investment opportunities in this era, and it is also a big problem that there are too many deposits to find high-quality investment industries.

Moreover, in the era of underdeveloped information, the accountability of lenders after business failure is also a big trouble.

However, these problems can now be solved perfectly by Wu Changqing. The industrial revolution that he started ahead of schedule has opened up investment opportunities everywhere.

There is almost no possibility of losing money when entering the market to do business now.

As for the issue of credibility, his prestige is more convincing to the people. In terms of accountability, he represents the government, and those who want to evade responsibility may have to weigh the consequences.

In fact, lending is not yet Wu Changqing's main purpose. If no one borrows, he can invest himself. The profits of those emerging industries are scary, and there is no need to worry about losing money when investing money in those industries.

In short, collecting the scattered money of the people and concentrating on major tasks is of great benefit to development.

It is precisely because of this that he is anxious to open a super large bank.

This bank must be in the hands of his own family to rest assured, and at the same time, to prevent the family members from using the bank for illegal profit, he has to arrange officials in the bank to supervise it.

Wu Changqing decided to turn this bank into a joint venture between government and business. The Wu family is responsible for specific operations, and the government is responsible for supervising and handling some problems that cannot be solved by private individuals.

"Giving interest to depositors, will the risk be too great?"

After seeing Wu Changqing's plan, Gu Yanwu was a little worried.

From collecting storage fees from the people to depositing interest on the people, this step is a bit big, and it's easy to get rid of it. It can be said that as soon as this policy comes out, other banks have to go bankrupt.

"Master Gu, you are worrying too much. The current business conditions on the market are very good, and most of the business is profitable. In the face of those high profits, this little interest is trivial.

Compared with the profit given by the national debt, the deposit interest of this percentage is already a big profit. The same is to absorb funds, and the cost is 40% lower. "

Wu Zhiyue analyzed.

Although the bank has the risk of a run compared to the national debt, the possibility of a run is unlikely to occur with Wu Changqing's endorsement as a guarantee.

Gu Yanwu pondered for a while, and found that it didn't seem to be too risky.

Thinking of this, Gu Yanwu reminded himself in his heart that he could no longer think about the problem according to his previous thinking. Nowadays, society is changing too fast, and many things have to be considered from another angle.

"First of all, the credibility will be improved. This bank will have a lot of responsibilities in the future. Nowadays, it is very troublesome to trade in silver for bulk goods. It is very troublesome to carry hundreds of kilograms. It is troublesome and unsafe to carry. In the future, I will issue paper money sooner or later.

Wu Changqing said.

"My lord, this paper currency can't be issued casually. Once it is issued, the consequences will be disastrous."

Gu Yanwu was in a hurry, he had no idea about running a bank, but he panicked when he talked about issuing banknotes.

Not many years have passed since the failure of Daming Baochao, and today's people and officials have not forgotten that kind of disaster. Speaking of treasure money, the first thought that popped up in everyone's mind was a liar.

Paper money is like a devil, once it is released, it will be a big trouble.

"Master Gu, don’t worry. I will definitely not print banknotes casually. Instead, I will decide based on the amount of silver and the economic situation. Forget it, for the time being, don’t worry about so much. Just set up the bank and talk about it. Then you will understand. of."

Wu Changqing has no time to explain now, and I will talk about it later.

Anyway, the time to issue banknotes is still immature, and at least he will start issuing banknotes only after most major parts of the country have been unified.

Gu Yanwu and Wu Zhiyue took the errand, and then set up the Guogong Bank.

The reason for using the name Guogong Bank was to borrow Wu Changqing's prestige. The people in Jiangnan now believe in Wu Changqing's credibility very much.

Wu Changqing is fortunate that the hard-earned people's support has played a role at this time.

Guogong Bank invested a total of 500,000 taels in the early stage, all funded by the Wu family.

At the same time, Gu Yanwu deposited the government's silver coins in the Guogong Bank.

This amount of money is quite a lot, which is more than 400,000 taels, which are all kinds of expenses for the official office.

The starting point of the Guogong Bank was very high. When it was established, those who wanted to please Wu Changqing all deposited their spare money in the Guogong Bank.

They all believe that Wu Changqing is a man who wants to do great things, and it is impossible to use this method to cheat money.

Depositing the money in the Guogong Bank, not only can get Wu Changqing's favor, but you can also get interest every month or every year. Why not do it.

In just three days, Guogong Bank had absorbed as much as three million taels of deposits.

Subsequently, Guogong Bank started lending business.

The initial target of lending is all wealthy businessmen who have property and collateral in Nanjing, so they don't have to worry about huge losses.

Even if the other party fails to do business, the government can take the collateral away and transfer the risk to the individual.

In addition to lending to others, Wu Changqing also personally embezzled these funds to some very profitable industries.

For example, his new toothpaste and toothbrush, two necessities of life, are also very profitable.

Compared with the previous tooth powder, toothpaste is more convenient to use, and it is more comfortable when washing. At the same time, Wu Changqing's toothpaste manufacturing process can produce toothpaste on a large scale, and its cost is also cheaper than toothpaste.

The toothbrush is more delicate than the previous toothbrush, the hair is thinner and softer, and it is not so easy to bleed when brushing your teeth.

In terms of comfort, it is much higher than previous toothbrushes.

At least, after using toothbrushes and toothpaste, the women of the Wu family are not willing to use the same toothpaste.

This is enough to show that toothpaste and new toothbrushes have the advantage of rolling when competing with tooth powder. <pstyle="color:#999;font-size:10px;line-height:18px;"> The address of the latest chapter of the aircraft carrier I built in Daming: https://www.novelhall.com/book/149212. html<pstyle="color:#999;font-size:10px;line-height:18px;"> I am building the full text of the aircraft carrier in Daming, read the address: https://www.novelhall.com/read/149212/ <pstyle="color:#999;font-size:10px;line-height:18px;"> I built the aircraft carrier txt download address in Daming: https://www.novelhall.com/down/149212. html<pstyle="color:#999;font-size:10px;line-height:18px;"> I read it on Daming Aircraft Carrier mobile phone: https://m.novelhall.com/read/149212/&lt ;pstyle="color:#999;font-size:10px;line-height:18px;"> In order to facilitate the next reading, you can click on the "Favorites" below to record this time (Chapter 242 Bank) Read the record, you can see it next time you open the bookshelf! <pstyle="color:#999;font-size:10px;line-height:18px;"> If you like "I Build an Aircraft Carrier in Daming", please recommend it to your friends (QQ, blog, WeChat, etc.) This book, thank you for your support! (www.novelhall.com)