I, the patron saint of the frontier of the Tang Dynasty, was forced to rebel

Chapter 43 Rejuvenated Lingzhou

"bank?"

Lin Quan and Zhuge Liang looked at each other, "Then Wang Shanhe doesn't take a hair out of his head. He said that you, the virtuous king, ordered that no penny be used without consent. Besides, the money belongs to depositors. What should we do if we don't have money to withdraw?"

"Stupid stuff, I can't learn it after teaching for so long. Don't banks have loan business? You don't know how to make loans, so it's okay to pay it back when you have money?"

"Aren't you borrowing money from yourself?" Lin Quan was speechless.

The silver goes into the left pocket, and then it is borrowed from the right, and the interest is charged. Isn't this a bit too bad?
"The reason why a bank is called a bank is to deal with money matters. Money can only be profitable when it flows. Then Wang Shanhe is so stupid. Doesn't he know how to use money to invest?"

Qin Mu was furious, how many times he had reminded him, that idiot didn't know what to do at all.

It still maintains the previous practice of the bank, and it will not lose money if it continues like this.

"Call me Wang Shanhe!"

"King Xian, I...I'll go right away." Lin Quan had doubts, but he didn't dare to say any more, and immediately turned his head to call for someone.

Not long after, Wang Shanhe came.

"The virtuous king."

Qin Mu left the desk and walked straight to Wang Shanhe, "Did I tell you before that you can only get in and out, and with that interest, the bank can't sustain itself at all?"

"Said."

"Did I remind you to use money to invest, so as to maximize the benefits?"

"Yes."

"Then how did you do it? If I didn't know that the military was short of money, I wouldn't have known that you still maintained the old practice of the bank!"

Faced with such questioning, Wang Shanhe has no reason to refute.

However, he really didn't know how the investment that King Xian said was operated.

After all, it's never been done before!

"Hmph! The depositor's money should be about 500 million now?" Qin Mu asked coldly.

"670 million, but nearly 30 taels are taken out every day, which is less than 100 million regularly."

"It still lacks credibility."

Qin Mu understood that this was simply due to the bank's lack of strength, and no one believed it at all.

"Starting tomorrow, you will arrange a group of people to investigate all merchants in the market, including those who have the ability but no funds, and provide them with loans, and the mortgage will be handled according to the facts."

"The risk of doing this is too high. If those people lose money, we will lose money."

Unexpectedly, as soon as Wang Shanhe finished speaking, Qin Mu had a huge reaction.

"madness!"

"Where in the world is there any business that can make money without losing money? If you want to make money, you have to think about investing. Only high risks can lead to high returns. Don't learn from those Shanxi businessmen who rely on the power of the government behind them to make money. That won't last long."

Wang Shanhe frowned, isn't he like this now?
Lingzhou head office is the property of the virtuous king, if it doesn't have this reputation, how can it be established.

"In addition, the military is short of money, and the government is also short of money. The bank is the biggest money bank. Do you understand me?"

"My virtuous king, this money really cannot be tampered with!"

Wang Shanhe only felt the pressure doubled. Once the money was distributed, the depositors would not be able to get the money, and all previous efforts would be for naught!
"King Xian, I can provide a few 10 taels of support, but there is no other way if there is more."

"No, the money is not taken for nothing, even if I take the money from you, it is considered a loan."

"This virtuous king made it clear."

Immediately, Qin Mu talked about government loans, merchant loans, business loans, etc., all over again.

It can be said that it opened the eyes of the three of them.

Especially Wang Shanhe, who doesn't know what's behind the bank, can still operate like this.

"Then how to ensure the stability of bank withdrawals and deposits?"

"This requires you to operate, investigate the depositor's expenses, etc., and then formulate the minimum savings silver, how much you can go out and get in every day. In addition, your arithmetic methods are too backward. I will give you a new algorithm later. "

Wang Shanhe was shocked and didn't know what to say. Anyway, it is already like this, and innovation must be made.

"Also, the reputation of the bank is too low. It's not just about money, it's more about publicity. Tomorrow you will release the news that the palace uses assets as collateral and the bank borrows 300 million taels of silver."

"Is it possible to do so?"

"Don't think about anything, just do as I tell you!"

The next day, the entire Lingzhou was filled with two voices.

One is that the virtuous king is short of money!

What's more, King Xian borrowed money from the bank he opened. It seems that this bank is very powerful.

In a word, everyone has a new understanding of banks, and more people are willing to deposit, most of whom are businessmen from other places.

In just half a day, the five branches including the Lingzhou head office had savings funds income as high as 700 million!
What a terrifying number, it can be said that all the money from the five continents has been gathered here.

Wang Shanhe couldn't close his mouth in excitement, but he didn't forget the business.

"Arrange people immediately, step up publicity, and tell everyone that as long as they are determined to start a business, submit a complete document, and then report the assets that can be mortgaged, and we will make an assessment and grant a loan."

"President, what about the loan from the military department, it's in the millions!"

"I don't care about this matter for now, I'm going to discuss it with King Xian."

Soon, an even more shocking news spread from Lingzhou!
The head office in Lingzhou can be mortgaged by anyone, and given certain technical and talent guidance, they can start their own firm.

Wuzhou was boiling instantly, and countless people were originally working to subsidize their families.

However, they didn't want to be masters, so they immediately started preparations.

Countless school students, teachers, and even storytellers in restaurants are losing their hands.

These mud legs don't know how to write, so I can only find them
Under the scorching sun, Wang Shanhe didn't even sit in the sedan chair, and rode directly to the palace.

"King Xian, the situation is very good. Sure enough, according to what you said, private funds have been mobilized. Now if we have 300 million in silver deposits, we can guarantee Wuzhou's daily withdrawals, so there is no need to worry."

"Well, that's not the point. Next, you have to focus on the project of entrepreneurship. Only these people can really drive development and create more jobs. People in Wuzhou will not be idle at home."

"Yes, I have arranged for people to handle this matter. In addition, my secret manpower investigation found that some foreign banks saw our situation and began to imitate us, and even spread rumors secretly."

Wang Shanhe's face was solemn: "These people are really hateful, they see every stitch."

"Since I don't know how to live or die, I'll dig out those dog's eyes, and release a message to increase the interest rate of time deposits and increase the bank."

"Yes!"

The two chatted for a while, and Qin Mu took out a few pieces of paper, which were filled with various numbers and explanations.

"This is the new algorithm I told you about. This kind of character is called Arabic numerals, and it was invented in Western countries thousands of miles away."

Looking at the manuscript, Wang Shanhe immediately thought of the important point.

"Your Majesty, do you want to popularize this arithmetic?"

(End of this chapter)