Transforming the city lord's mansion into a bank can not only save a lot of rent, but also because he is the lord of Baoguang City, which is a golden sign in itself. He sits on a city and has a net worth of hundreds of millions. Customers will be more willing to trust him and be willing to Deposit the money in the bank he opened.
On the first day when the bank opened, of course it had to be publicized. The one million people he hired were all over the streets and alleys of Baoguang City, holding leaflets in their hands, and distributed them to the residents of Baoguang City one by one. The words on the flyer are very provocative, such as "Save money to Tongli, and you will benefit all your life", "Money can make money, you will become rich in three years, and you will become the richest man in ten years", "Lending money at small profits will benefit all directions".
At first, the residents of Baoguang City didn't take it seriously. They had seen a lot of money shops and so on, so most of them threw the leaflet away after a cursory glance. Of course, among ten people, there are always one or two people who have their thoughts moved.
It didn't take long for the entire Baoguang City to know about Tongli Bank. After dinner, everyone was talking about it.
"Old Wang, do you think they are stupid? Not only do they save the money for us, but they also pay interest. Isn't this a lie?"
It turns out that when you deposit money in most banks, you not only get no interest, but also charge a hefty storage fee. Tongli Bank went in the opposite direction. Not only did it not charge fees, it also paid interest. This suddenly overturned everyone's perception.
"Absolutely not. Who does Tongli Bank belong to? It was founded by the Yin Yang Sect and our city lord. Our city lord owns a city and earns tens of billions of Wuzun coins every year. Will he swallow our small money?" The king's man shook his head, "Don't worry blindly."
The man's heart suddenly moved and said: "Old Wang, I have saved one hundred thousand Wuzun coins over the years. If I save them, wouldn't I make a lot of money every year in vain?"
Lao Wang pinched his fingers and said: "If you save for one year, the annual interest rate is 20%, and if you save 100,000, you can get 20,000 for free; if you save for three years, the annual interest is 30%, and if you save 100,000 for three years, you can get 90,000 for free. Oh, it's almost doubled. La!"
The man immediately became excited and said excitedly: "Just save it for three years! After three years, I will have 190,000 years. I will save the 190,000 for another three years, and finally I will get 270,000!"
Lao Wang was also moved and murmured: "I worked hard for a whole year and only earned thirty or forty thousand. If we save one hundred thousand, our annual income is basically equivalent to one year's income? This... I simply don't dare. I believe this is true.”
Countless people in countless places are talking about it. The annual interest rate of 20% is really too tempting, and I finally have the first person to take advantage of it.
At noon, a restaurant owner came to the city lord's mansion. The owner's surname was Li. He ran five restaurants in Baoguang City. He was worth tens of thousands and had a lot of spare money. Boss Li has seen the big world and knows that big people like the city lord will never cheat their little people's money. After much consideration, he decided to try depositing some money in a bank first. If it was as advertised, he would deposit more money in the future.
Today is the grand opening of Tongli Bank. Fu Biao, Cui Jingang, Yu Xianxian and others are all here, and they personally welcomed Boss Li in. Boss Li was very humble and polite, bowing all the way through the door.
Because he was the first guest, Ye Ming received him personally and ordered his servants to serve him tea. Boss Li didn't dare to sit down in front of the City Lord. He even said he didn't dare and said: "Mr. City Lord, I'm here to save money."
Ye Ming smiled slightly: "Okay, we are very welcome. I wonder how much you want to deposit?"
Boss Li smiled and said: "I don't have much savings, so just save 100 million Martial Saint Coins." After saying that, he took out a storage bag.
Yu Xianxian immediately took it with both hands and ordered someone to write down the receipt, amount, interest, deposit date, withdrawal time, etc. Boss Li decided to save for one year and will withdraw the money today one year later. This voucher was made by Ye Ming using talisman paper. It is a third-level talisman in itself and cannot be forged by others. Moreover, it can also record the relevant information of the depositor, which is very convenient.
He used this skill when he established Sitong Bank. As the number of loans and deposits increases, his seven-yuan arithmetic array can also analyze and determine the creditworthiness of each customer, which can be used as a basis for the amount of loan money.
After Boss Li took the voucher, he saw it was clearly written on it. Today, one year later, he can come and withdraw the principal of 100 million Wusheng coins and the interest of 20 million Wusheng coins. And since he is the first customer to deposit money, if Boss Li wants to borrow money in the future, Tongli Bank will give him a 20% discount.
After Boss Li saw that everything was correct, he left happily. The interest of 30 million Wusheng coins a year is almost equal to the profit of his most profitable restaurant. He thought happily that if this kind of thing was reliable, he would put all the deposits of 1.3 billion Wusheng coins in Tongli Bank.
With the first one, there will be the second one, and more and more people will deposit their money in Tongli Bank. Moreover, the first person to lend money also appeared. The other person was a elixir merchant. He needed to purchase a batch of high-quality and low-price elixirs in the near future, but he had a limited amount of money. He was worried when he saw Tongli The bank's flyer. With the idea of giving it a try, he came to Tongli Bank located in the City Lord's Mansion.
This time, Yu Xianxian received the other party in person, with a friendly and polite attitude.
"Hello, shopkeeper, I would like to borrow a sum of one billion Wuzun coins. Is that possible?" the other party asked cautiously.
Yu Xianxian smiled slightly: "May I ask what your name is?"
"My surname is Zhou," the other party said quickly.
"Hello, Boss Zhou. I need to ask a few questions below. Please answer them truthfully, Boss Zhou. We will conduct relevant investigations and verification in the future." Yu Xianxian said with a smile.
Boss Zhou nodded repeatedly: "Okay, I will tell the truth."
"What kind of business does Boss Zhou do?" Yu Xianxian asked.
"Open a elixir shop."
"How much is the annual profit? Is the shop your personal property?"
"The profit is about 50 million Wuzun coins every year. But I also do some other businesses, which add up to about 70 to 80 million. The shop is my own and has been passed down from my ancestors." Boss Zhou said.
"Have you always lived in Baoguang City? How much wealth do you have in your name? Are you in debt, and how much is your debt?"
"Three generations of my ancestors have lived in Baoguang City, and their wealth to their names is about three to four billion. I have no debts, but others owe me more than 20 million Wuzun coins, and I have never gotten the money back." Boss Zhou said.
Yu Xianxian nodded: "Boss Zhou's conditions meet the loan conditions. We need one to three days to verify. If what Boss Zhou said is consistent with the facts, we will notify you as soon as possible to come and borrow the money."
Boss Zhou was overjoyed: "So, it's possible that I can borrow money? I won't be able to use this money for long, three months at most. How much is the interest?"
"If you loan for three months, the annual interest rate is 40%. If you borrow one billion Wuzun coins for three months, the interest will be 100 million Wuzun coins." Yu Xianxian said.
"Only 10 million?" Boss Zhou said with a smile, "Not too much, not too much."
You know, most banks, even if you only borrow for one day, the interest rate is as high as about 10%. If you borrow for one month, the interest will be more than ten times higher with compound interest; if you borrow for three months, the interest will be as high as thousands of times!
Ye Ming has been sitting behind the scenes, writing down all the deposits and loans. After dark, the bank closed its doors, and he already knew the loan situation today.
A total of 1,826 deposits were received today, totaling 32.6 billion Wuzun coins. There are more than 700 people preparing for loans, and the total loan amount exceeds 80 billion. According to his estimate, 90% of the loan applicants will be able to pass the loan, and the final amount released will be around 70 billion Wuzun coins.
After the bank closed, Ye Ming and others sat together to discuss today's business situation. Except for Ye Ming, everyone remains optimistic about the current situation. After all, more than 30 billion in deposits were collected in one day, which amounted to tens of billions of Martial God coins in a year.
Unexpectedly, Ye Ming said: "According to my assumption, deposits should be more than loans. But the situation is exactly the opposite. The amount of loans exceeds the amount of deposits. This situation is very dangerous. If this continues, one day we will have no money for loans. In that case, the bank will We will not be able to explain it to customers." Ye Ming said, "Let's think of ways to reverse this situation as soon as possible."
Gongsun Yan said: "I think this is just a temporary phenomenon. As the bank becomes more and more famous, more and more people will save their money in the bank. After all, money can make money, and everyone is not a fool, so why not save it?"
Yu Xianxian said: "I think so too. And I suggest that banks should further strengthen their announcements to let more people know the benefits of saving money. In this way, before long, deposits will definitely exceed loans."
Ye Ming nodded: "I hope so."
Early the next morning, as soon as the bank opened, a customer came to the door. The customer said: "Thank you very much, shopkeeper. I am Su Sanquan, the leader of the Wanxiong Gang in Baoguang City. Our Wanxiong Gang is in urgent need of some money." It’s a big business, so I came to take a loan.”
Yu Xianxian smiled and asked: "How much money does Gang Leader Su need?"
"Three hundred million Martial God coins." Su Sanquan said.
Yu Xianxian was slightly surprised, but she still followed the procedure and asked about the other party's situation. The Wanxiong Gang is the largest gang in Baoguang City. Its influence is deeply intertwined and its members number nearly ten million. Many of the traffickers and pawns were members of the Wanxiong Gang. The annual income of the Wanxiong Gang exceeds one billion Wushen coins, and the savings are hundreds of millions, with industries spread throughout the city.
According to Su Sanquan, he borrowed money this time to contract a spiritual mine located in the East China Sea. According to his estimation, the mining cost of Naling Mine is at least 500 million Martial God Coins, but its value is at least 890 million Martial God Coins, which is still very profitable.
Su Sanquan's conditions fully met the loan conditions. Yu Xianxian was about to verify it first when Ye Ming came out and said calmly: "Just put the money in."
Yu Xianxian stood up and said: "Gang Leader Su, this is our boss, Lord Ye City."