Hua Xia United Bank officially opened without any publicity, but almost all merchants and merchants doing business with Hua Xia people knew about it.
On the first day of business, there was a long queue in front of the business hall. Most of them were exchanging Chinese currency, and a few were trying to get credit loans.
Vasily and Anna were among the few who tried to get a credit loan.
Aunt Anna said worriedly, "I don't know if we have enough materials. If we can't do it, we will have to exchange it for Chinese coins. I also want to expand the business and save some money for retirement."
Vasily looked carefully at the credit loan policy instructions written in Russian and Chinese, and said thoughtfully, "It says that as long as you are a Russian citizen, or can provide proof of residence in Moscow for more than six months, and are over 18 years old, you can
Obtain a credit loan limit of at least 3,000 yuan in Huaxia currency.”
He pointed to the details below and said, "If you have a stable job or a real estate certificate, and you can provide the certificate, the amount can be up to 50,000 yuan in Chinese coins. We are railway employees, so we should be considered to have stable jobs. Aunt Anna, I
I think we’ll be fine.”
Aunt Anna sighed and said, "It's a pity that the house was not bought during the housing reform."
There were not many people queuing up for loans, and we quickly arrived at Aunt Anna.
The person in charge of entertaining was a Chinese student who was recruited to study in Russia. She was a Chinese girl who spoke fluent Russian. After reading Aunt Anna's application form, she said with a sweet smile, "Aunt Anna, your conditions are fine. Please sit down."
As he spoke, he warmly asked Aunt Anna to sit down, and then helped hand the application form and Aunt Anna's relevant information to the teller at the counter.
The tellers are all well-trained veterans and have received targeted training, so they move very quickly.
The receptionist smiled sweetly and asked, "Aunt Anna, do you want cash or open an account and deposit the money in the account?"
"I want cash." Aunt Anna didn't respond and answered quickly.
The teller quickly counted a stack of Chinese coins and handed them out along with the receipt, "Just sign."
Aunt Anna was dazed and signed the place where she wanted to sign. The receptionist picked up the money and handed it to Aunt Anna and said, "Aunt Anna, it's all done. Keep the money."
With that said, he prepared to entertain Vasily, who was next in line.
Aunt Anna had no idea about the face value of Chinese coins. She looked at the thick stack of money in her hand, grabbed the waiter and asked, "How much is it here?"
The receptionist pointed to the loan agreement in Aunt Anna's hand and said, "20,000 Chinese coins is approximately equivalent to 2,500 US dollars."
Aunt Anna had no idea about the Chinese currency, but she had no idea about the U.S. dollar, and she was stunned.
Without any collateral, I got a loan of US$2,500 in Huaxia coins in less than five minutes, as if I was dreaming.
The receptionist didn't have time to lament with Aunt Anna, so she continued to entertain.
Five minutes later, Vasily got a loan of 25,000 Chinese coins. Because he was younger, the amount approved for him was higher.
What surprised Vasily even more was that not only was the interest rate low, but it could also be repaid in rubles.
Every person who successfully applied for a loan was surrounded by people who were watching and asking questions as soon as they walked out of the bank gate. No doubt, they were very excited and strongly recommended the loan. In less than half a day, people queuing up to apply for the loan.
There are more people queuing up to exchange for Huaxia coins.
Since you can easily borrow Chinese currency, it not only solves the currency problem, but also expands your business, why not?
In just one week, Huaxia United Bank loaned out 30 million Huaxia coins.
After seeing the compiled figures, Gao Jian was frightened. He couldn't help but go to Yao Yuan and said, "Boss, we have loaned out more than 30 million yuan in just one week. According to data analysis, the number of people taking out loans will increase."
The more we do, and if this continues, within three months, the National Bank of Russia will ask us for a margin call."
Gao Jian said in a deep voice, "I suggest lowering the amount or tightening the loan conditions."
"If you want to make a margin call, just add more. The National Bank of Russia accepts Huaxia coins." Yao Yuan handed Gao Jian a cigarette, lit one himself, and said, "Old Gao, what do we lack?"
Gao Jian was stunned and said, "U.S. dollars."
"What are the dollars used for?" Yao Yuan asked again.
Gao Jian didn't know what was going on, but he still answered, "Our country is seriously lacking in foreign exchange, and the foreign exchange currency is the U.S. dollar. With sufficient foreign exchange, we can introduce advanced equipment and technology from abroad."
Yao Yuan nodded slightly, "In other words, the ultimate goal is to introduce advanced equipment and technology from abroad. The Soviet Union is gone, but Russia has inherited 70% of the Soviet Union's legacy. Their equipment and technology are undoubtedly more advanced than ours. If
We can buy advanced equipment and advanced technology in Russia, no matter what currency we use, is it the same?"
After Yao Yuan's in-depth and simple analysis, Gao Jian somewhat understood, but his opinion remained unchanged.
He nodded slowly and said, "I understand what you mean. Bank operations follow the rules of bank operations. We only lend money without deposits, which means the risk will become greater and greater. Most of them are short-interest loans, three months, six months, etc."
months, especially three months. After the repayment time is up, once there is a large-scale debt collection, no matter how much money you have, you can't fill the hole. If the current policy is not changed, the amount of loaned funds will grow exponentially.
, then it’s not a matter of tens of millions.”
Gao Jian is a professional banker and is very familiar with the banking industry under the socialist economy. State-owned banks have no worries in this regard because the state has the guarantee. However, Hua Xia United Bank is a private joint-stock commercial bank, and the guarantee is Yao Yuan.
Employees who don't consider their boss are not good employees. Gao Jian views this issue from Yao Yuan's perspective and has these worries.
Yao Yuan nodded slightly, acknowledging Gao Jian's concerns, and asked, "With savings, will the risk be reduced?"
"Of course, having savings means having income. We can use the money to invest to achieve value-added, and naturally we can offset the uncollected loans," Gao Jian said.
Yao Yuandao said, "Well, that's very simple. It's only been a week. I guess it won't be long before the first batch of loan holders make money and will give priority to depositing their money with us. Chinese products have almost become Moscow
of hard currency, and the Chinese currency is linked to the Chinese currency.”
Gao Jian couldn't help but ask, "What if it's wrong?"
"That's easy, just keep throwing money." Yao Yuan said resolutely, "What Chinese currency is to us, to put it bluntly, it's just paper. The more people borrow money, the better our Chinese products sell.
Commodity profits can completely make up for that loss. Besides, we have been borrowing rubles, so there will always be some oil from the passing of pork."
Because he has not been exposed to higher-level things, Gao Jian still doesn't know where Hua Xia United Bank really makes money. He is not very convinced by Yao Yuan's explanation, but Yao Yuan's attitude is clear, so he can no longer provide opinions.
.
The boss insists that his subordinates must only execute.
"Okay, I'll go back to the business hall and keep an eye on it," Gao Jian said.
Yao Yuandao said, "It's time to consider opening more business offices. Find a place and open 20 or 30 stores at once."
Gao Jian's eyes almost popped out...
[The author has something to say]
It’s New Year’s Eve and the Chinese New Year is about to begin. I would like to express my New Year greetings to my brothers. I wish you all a happy family and a happy New Year. The new year will be better and better. I also want to thank you for your support and encouragement. I will continue to work hard and resolutely win.