"What kind of path does your Majesty want to show Huang Li?" Not only Li Yusheng, but Liu Bingzhong, Liu Xianzhi, and Wang Zhonggui all cast their eyes on Zhu Youjian. Perhaps Zhu Youjian's whimsical ideas can be used as a reference for them. Maybe.
"Banks, I wonder if you are doing business overseas. Have you ever heard of it?" Zhu Youzhen didn't know the situation overseas. He just used the experience of later generations to establish a commercial bank in Daming.
"Bank?" The few people looked at each other, really confused. Liu Yuzhi frowned slightly, showing a few twists and turns, thinking for a moment, and shook his head after all.
When Zhu Youjian waited for everyone to come back to his senses, he coughed slightly, "The bank is equivalent to Daming's bank, which is the place where people deposit money."
"The bank?" Li Yusheng was astonished. "Your Majesty, Huang Li originally opened a bank, but... It's just that the profit of this bank is too meager."
The curious little girl Liu Xianzhi stared directly at Zhu Youjian, feeling that Little Red Riding Hood was cheated by a big bad wolf.
"The profit is meager. That is because he has not scaled up and his management is not standardized. Just like the textile factory I just mentioned, and he has not kept up with the development of the times." Zhu Youjian glanced at everyone and ignored it. The look in Liu Xianzhi's eyes, "You have been in business for many years, should you know the source of income of the bank?"
"The income of the bank naturally comes from the interest rate difference between the people's deposits and the lending of the merchants." Liu Yuzhi didn't wait for Li Yusheng to interject, and rushed to answer. She also looked at Zhu Youzhen provocatively, perhaps thinking this question is too pediatric. .
"It seems that Ms. Liu is not unfamiliar with the bank, and she is really a good financial manager," Zhu Youjian provokes back. "Now that the bank is entering the era of meager profit, does Ms. Liu know how to increase the bank's income?"
"This..." Liu Yuzhi avoided Zhu Youjian's compelling gaze, but she did not admit defeat, "Of course it is to increase the amount of silver deposited, and then borrow the silver."
"But Ms. Liu knows how to increase the number of deposits and how to release the loan?" Zhu Youjian saw that Liu Yuzhi was already a little embarrassed, so he looked away, "Huang Li has been operating a bank for many years. I tried it."
"This... Does your majesty know?" Liu Yuzhi asked rhetorically.
"Of course, I am guiding Huang Li," Zhu Youzhen added leisurely: "Although he himself is not here."
Not only Liu Xianzhi, but the other three people also feel that Huang Li, who has been running the bank for many years, is exhausted. Can Zhu Youzhen take another path? "Your Majesty, is there really a way to bring the bank back to life?"
"I don't know the true face of Mount Lu, just because I am in this mountain!" Zhu Youjian also doesn't care who is asking, "Many times, business opportunities are not in commercial activities."
"..."
"The bank, Austria, it will be called a bank in the future. First of all, there must be deposits, no deposits, everything is free of discussion," Zhu Youjian smiled at Liu Yuzhi, and found that Liu Yuzhi was constantly lighting his head, "Now the people, officials, and even the merchants themselves, in Daming, It's all about keeping the money at home. How to attract this part of the money to the bank is the top priority."
"Your Majesty, the ladies understand that to attract silver, the interest rate must be increased." Liu Yuzhi was delighted, but then shook his head and looked at Zhu Youzhen eagerly. "But if the interest rate rises, the bank's profit will increase further. reduce."
"So, the next thing is to release the money," Zhu Youjian glanced at the four people. "Two proprietors and two sons know that Daming is encouraging the development of industry and commerce?"
"Ah, Your Majesty, the girl understands," Liu Yuzhi exclaimed, causing her father to roll his eyes. "The court encourages industry and commerce, and there will inevitably be more industrial and commercial households. They need to borrow money from the bank?"
"Miss Liu is right, there is another layer," Zhu Youjian thinks Liu Yuzhi can think of this layer is already very good, "I said just now that in order to reduce the cost of the product, it is imperative to expand the scale, so for the sake of profit In the future, industrial and commercial households will also borrow from banks, and there will be fewer and fewer ways to develop slowly and gradually accumulate."
"..."
"Maybe the interest rate differential between banks' deposits and loans from merchants will shrink, but as long as the amount of deposits and loans increases substantially, actual profits will still increase."
"Your Majesty, the bank and the bank are in vicious competition in order to compete for the two banks?" Li Yusheng is most concerned about the development of the bank, after all, Huang Li is recommended by him.
"That's why I set up a bank to distinguish it from the bank," Zhu Youjian can only say a general strategy. "In the future, the imperial court will establish Daming Bank. Daming Bank will not conduct specific business, but only supervise various commercial banks. Both banks and banks have fixed interest rates, and no one can change them. Only Daming Bank floats interest rates from time to time based on market demand."
"Your Majesty, since all banks have the same interest rates, it is somewhat difficult for banks to attract deposits." According to Liu Bingkun's understanding, banks are basically seeking customers based on regions.
"This may be the case for the time being, but with the increasing number of banks, it is necessary to use good faith to attract people to deposit silver." Zhu Youjian believes that in the final analysis, banks can only attract enough deposits if they are honest and trustworthy.
"Your Majesty, what about the bank? Can they continue to exist?" Li Yusheng meant that the bank and the bank were just the difference in name.
"Banks will still exist for the time being, but as time goes by, they will either turn into banks or withdraw from the business," Zhu Youjian briefly explained the difference between the two: "People who deposit silver, of course, look for those with high creditworthiness. Banks are in the court. Under the supervision of the government, not only does it have standardized operations, but also has sufficient funds, so the risk of a run or bankruptcy will be much smaller."
"Minnv understand!" Liu Yuzhi kept nodding, even the cyan headscarf wrapped on top of her head became loose. Now that Zhu Youjian already knew her identity, she simply removed the headscarf, revealing the bright and flat blue silk inside.
"You haven't fully understood yet," Zhu Youzhen smiled slightly. "Business activities in any era are inextricably linked to the court's policies."
"..."
"The imminent borrowing of large amounts of industrial and commercial households is related to the imperial court's encouragement of the development of industry and commerce," Zhu Youjian first listed a living example. "In fact, the imperial court is about to make another major reform, which is the partial restoration of a whip method during the Wanli period. "
"One whip technique? Your majesty said that all taxes are folded into silver?" Li Yusheng asked softly. In fact, a whip technique does not have much direct relationship with him as a maritime merchant. What he is more concerned about is hiding in The reform trend behind.
"The tax in the future, except for food, will be silver. A large amount of physical objects will be levied and put in the treasury and rotten. It is really a pity," Zhu Youjian did not intend to explain in detail the issue of whiplash. "You see a business opportunity from it. ?"
"Does both of these banks belong to the bank?" Liu Yuzhi was the first to react.
"Yes, the taxes paid by the various prefectures and counties are first collected through the bank to the capital, and then released to the capital. These tasks need to be completed by the bank." Zhu Youxiao threw a big pie this time.
"But..." Liu Xianzhi whispered.
"Ms. Liu means, but the bank has to take huge risks?" Zhu Youjian laughed. "There is a risk to make a profit. The court does not let the bank work in vain. The tax department will pay a certain commission based on the amount of silver. According to the Tax Department, this is not a loss. Originally, the court had a special person to escort the taxes from various places to Beijing, but it was also a cost. Now it not only saves some costs, but also saves personnel."
"Your Majesty, the imperial court's taxes are all included in the bank. This will be a huge sum of money!" Li Yusheng was a little worried. If there are tens of millions of silver, once there is a mistake, it is possible to rob the family and destroy the clan.
"Well, can Huang Li be able to eat the silver?" Zhu Youzheng said, just now I was worried about the lack of silver. Now that there is too much silver, don't pretend to be a fool.
"Your Majesty..." Li Yusheng hesitated, "This... Huang Li shouldn't have such a big appetite."
"I also know that Huang Li doesn't have such a big appetite," Zhu Youjian seemed to have guessed Li Yusheng's thoughts a long time ago. "So I plan to set up three large banks in Beijing, Nanjing, and Guangzhou to represent the taxation of the five provinces. If Huang Li's appetite is not enough. I will set up another bank in Kunming or Chengdu to share taxes in the five southern provinces."
"This... Your Majesty, have the banks in Beijing and Nanjing gone?" Li Yusheng didn't dare to call the shots for a while. He had to look at other people first. After all, this is a huge amount of money.
"Don’t tell me, Beijing’s bank, I intend to use my private assets to establish a large bank. Today I am planning for the first time, so Nanjing Bank has temporarily blacked out candidates," Zhu Youjian looked at Liu Bingzhong, "Liu Dongzhu is Jiangnan Province. People, if you meet a suitable candidate, you may recommend it to me."
"Yes, Your Majesty." Liu Bingzhong immediately agreed.
"Your Majesty, because the funds involved are too large, the Cao Min dare not call the shots for Huang Li for a while." Although Li Yusheng was upset by Zhu Youjian's remarks, and Zhu Youjian's private establishment of a bank, from Zhu Youjian's eyes, the profit should be It will not be too low, but all of Huang Li’s wealth is involved, and the risk is too great. He must be careful. “After the Caomin returns to Guangzhou, let Huang Li make a decision immediately and reply to your Majesty immediately.”
"Okay, okay, proprietor Li don't have to be too reluctant," Zhu Youjian leaned back on the dragon chair. "Actually, the tax and bank in various places are not handed in all at once. Banks can escort them to Beijing in batches. The risk is not as big as you think. ."
"Ah..." Li Yusheng understood. It turns out that the risk can be avoided in this way. If you escort 500,000 silver to Beijing at one time, even if you are robbed by a strongman, you will lose only 500,000 taels, and you will not lose your fortune. "Your Majesty, Caomin estimates. Huang Lihui..."
"Haha, Li Dongzhu doesn't need to make a decision too early. I'm not in a hurry now." Zhu Youjian's gaze floated to Liu Yuzhi again, "Do you know why I want the bank to prepare a million taels of cash?"