Chapter 329 The business of sitting and counting money
"Lend the Chinese currency and return the ruble? The ruble has been depreciating, isn't that a loss?"
After reading the plan, Zheng Hongyu, the president of Shenzhen Development Bank, frowned and looked at Yao Yuan with confusion, "Mr. Yao, I know that the profits of our light industrial products exported to Russia are very high, but this profit does not belong to our bank. Our bank
The profit comes from loan interest. For example, based on the current exchange rate, the value of rubles returned by customers after one or two months will be far lower than expected, let alone one or two years, and it may be a loss."
This is a mainland academic financial person who has two years of experience in the United States and is very familiar with the banking industry. Because of this, Yao Yuan, as the largest shareholder and controlling shareholder, did not propose to change the president.
Cheng Yongjian, who was sitting next to Yao Yuan, glanced at Yao Yuan and said, "President Zheng, if you lend Hua Xia coins, the customer can pay it back in rubles. So where does the customer's rubles come from?"
Zheng Hongyu didn't want to understand.
Yao Yuan took a sip of tea and said, "To carry out lending business in Moscow through Shenzhen Development Cooperation, we must first obtain permission from the Central Bank of Russia. They probably won't lend me rubles because everyone knows that the ruble has been depreciating."
He said, “Customers must use Huaxia currency to purchase Huaxia products. They can only borrow from Shenzhen Development Bank, and they can use rubles to repay when they return it. However, the ruble continues to depreciate. The best way is to exchange the rubles earned for
Huaxia coins, because Huaxia coins can be exchanged for Chinese products of equal value."
Zheng Hongyu was like a enlightenment and suddenly understood, "But Russian banks do not have Hua Xia coins. They will definitely find us to cooperate and borrow Hua Xia coins from us to meet the needs of customers. If they don't do this, they will face
Due to the rapid loss of customers.”
The more he talked, the more excited he became, "Customers need to exchange enough Chinese coins. With the ruble continuing to depreciate, they need more rubles. If they go back and forth, the profits will be staggering."
Yao Yuan smiled and shook his head, "Not only that, but the rubles that go to Shenzhen Development Bank are used to lend to domestic businessmen to buy heavy industrial products, which is also a huge profit. In short, as long as the relevant national departments approve our business,
Every link can make huge profits.”
It's almost the same as a "private warrant", and it's still legal.
The Nanyang Bank acquired by Yao Yuan has been renamed United Bank, and preparations have begun in Moscow. However, to obtain approval from the Central Bank of Russia, it needs to come forward at the national level, which is not a permission that companies can obtain.
Union Bank's operations are more complex and its profits are even more staggering, just waiting to obtain the licensing rights.
Vice Mayor Ye, who was sitting next to Zheng Hongyu, also figured it out and was quite excited, saying, "It seems that there is no harm in starting this business in Russia."
"Yes." Yao Yuan nodded affirmatively.
I secretly thought to myself, if you don’t want to play, I can still get the permission from the Central Bank of Russia, but it will just take a little more effort and a little more money.
Vice Mayor Ye had great trust in Yao Yuan. He said without hesitation, "Mr. Yao, the province has agreed in principle. I will go to Beijing in the next two days and try to complete the procedures as soon as possible."
"The faster, the better." Yao Yuan said.
At this moment, the team sent by United Bank in advance has been working under Lu Sen for several days.
In the distant Moscow Central Railway Station, a special train from China came to a stop. The unloaders rushed up to open the door. Loads of clothes, leather shoes, toothpaste, toothbrushes, towels and other daily necessities leaked out through the hatch, showing how full the load was.
The Yongan Group employees accompanying the train yelled at the Russian unloaders to stop messing around, shouting, "This is a special train for Moscow. As usual, comrades at the train station can give priority to no more than ten items.
Prices are the same as usual!”
Similar words were said at every train station we stopped at, but this special train was exclusively for the Moscow market, and the gap was too big.
The unloaders at Moscow Central Railway Station were surprised to find that there were many new things arriving this time, such as packages of instant noodles, canned fruits in glass bottles, and packages of pickled mustard.
Dried fish…
Who could imagine that the Soviet Union, which could build atomic bombs, moon landing spacecraft, and more than 20,000-ton nuclear submarines, could not meet the daily needs of the people.
The products Yongan Group provides to the Russian market have become more and more diversified, extending from clothing to food. This is good news for the Russian people who are in a supply crisis.
As more products come in, Union Bank staff are busy making preliminary arrangements. More and more Muscovites know that using Huaxia coins to purchase can get a 20% discount. As a result, more and more people are running
I went to the bank to exchange Huaxia coins, but was told that there were no Huaxia coins...
Lin Shuting came to Hong Kong.
There were no classes on weekends, Mondays, and Tuesdays. Yao Yuan finally "cheated" Xiao Keren into coming to Hong Kong after a lot of hard work.
Seeing Yao Yuansheng in full swing, shirtless and feasting, Lin Shuting knew she had been fooled. She curled her lips and said, "Don't you have a cold? You look like you can eat a cow."
"I've been hungry after running around a lot in the morning. I'm still growing. I need to eat more. Hurry, hurry up. You must be starving. Eat first. Eat first." Yao Yuan quickly stood up and took Lin Shuting's hand.
He took the small bag and asked her to sit next to him.
Naturally, it was a rare world between two people in a hotel suite. Lin Shuting felt sweet in her heart, especially when she saw Yao Yuan shirtless, she felt even more intimate.
But she couldn't help but say, "You are also a big boss, so you have to pay attention to your image."
"What kind of image do you want in your own room? It's so tiring, and I don't like the air conditioner blowing. It's most comfortable to be shirtless." Yao Yuan chuckled, stared at Lin Shuting, and couldn't help but kiss her on the face.
Lin Shuting groaned, "What are you doing? Your face is covered in sweat, how dirty it is."
"In my eyes, you are the cleanest." Yao Yuan couldn't be happier.
Look, this is my woman. The first thing that comes to mind is not my greasy mouth, but the sweat stains on my face.
Lin Shuting was not a shy person, so she grabbed her chopsticks and started eating.
Yao Yuan said vaguely while eating, "Take a rest after dinner and go see a house in the afternoon."
Of course, when buying a house, you have to go with your fiancée. This is the reason why Yao Yuan has never gone to Mid-Levels to look at the villa, and also the reason why he has tried so hard to "cheat" Lin Shuting to come to Hong Kong. He knows Lin Shuting's character very well, and she will never do it without some tricks.
To run so far.
"Looking at a house? What kind of house are you looking at?"