Reborn Tokyo Golden Age

Chapter 224 Planning for the Bank

Shirakawa Holdings actually brought the current Hokuto Bank under its control, and the promotion of Kikuji Sasaki also played a role that cannot be ignored.

How could it be possible for Bai Chuanfeng to enter the game so easily without the help of the local leader, even if Yuhou Bank had encountered operational difficulties before.

As the governor of Akita Prefecture, the autonomous body, Kikuji Sasaki also has great power in some aspects.

In addition to self-government, there are regulations and rules, establishment and collection of local taxes and burdens, issuance of local bonds, etc.

Basically, if the prefecture has sufficient finances and is less dependent on the Japanese government, then the power of the autonomous body will be greater.

Under normal circumstances, more than 55% of the affairs of the prefecture can be self-determination, and the rest are basically entrusted by the Japanese government.

Therefore, Sasaki Kikuji, as the governor of Akita, is definitely a powerful figure.

That's why the opposition in the shareholders' meeting of Yuhou Bank obediently took the money and left under his persuasion.

Of course, Sasaki also made some compensations in other places, which are all the result of mutual compromise.

Then, as the governor, Sasaki Kikuji paid his chips, and what would Bai Chuanfeng use in exchange?

In addition to his second son Yingshi joining the shareholders' meeting of Beidu Bank, some positions within the bank will also be temporarily vacated as several shareholders cash out and leave.

As for the vacant seats, they will soon be arranged.

Most of them are the Akita Affairs Bureau, the children or other relatives of some high-ranking officials.

All kinds of things are tacitly understood by everyone.

In addition, Shirakawa Kaede Electric will officially build a Northeast branch in Akita City.

In the next two years, it is expected to invest 1 billion yen to build an audio equipment factory, which is specially used to produce speakers, speakers and other equipment.

As more and more audio engineers are gathered by Shirakawa Electric, the accumulation of audio technology is enough to support its independent development of professional audio equipment.

Although this part of the market is not as big as the Walkman, in order to enrich the product line, Bai Chuanfeng decided to enter the audio market.

Moreover, future breakthroughs in professional audio technology can also feed back the field of portable listening and future CD players.

So building an audio equipment factory in Akita is also a step in the future development strategy, not just for this business.

The actual benefits attached to Beidu Bank, as well as a series of investments made by Baichuan Electric in Akita, are the rewards given by Baichuanfeng.

Yuhou Bank obtained a large amount of financing and instantly reversed its operating difficulties.

Sasaki Kikuji had a stable financial source behind him, and Akita's economic development also went further.

The subsidiary of Shirakawa Holdings has added Beidu Bank, which has filled its own shortcomings in the financial field.

That way, everyone gets what they need.

What's this?

It's win win win! Three wins!

At least on the surface, the whole transaction does not involve the slightest personal interest, but in fact everyone involved has benefited.

Even the opponents of those banks stopped making all kinds of sarcasm against Bai Chuanfeng after taking the 10% premium offered by Bai Chuan Holdings.

After all, such a large amount of cash is actually quite fragrant when it is turned upside down in the hand.

Near the end of January, the delivery of the interests of all parties has finally been roughly completed.

With such a large transaction, it is naturally impossible for the outside world to be calm.

Not to mention in Tokyo, almost all the media in Akita prefecture reported the incident.

Many people in Akita Prefecture know about Shirakawa Electric.

And this bank acquisition made the name Bai Chuanfeng even more popular in Akita County.

Five to sixty billion funds is definitely an astronomical figure in the current era.

So at the media conference, Bai Chuanfeng, who stood in the middle of the signing team, seemed to be the target of the reporters.

However, he is low-key by nature, except for talking about the future development of Shirakawa Electric in Akita.

Most of the other times, a humble attitude was maintained.

Young, promising, unassuming, and super rich, this image has won the favor of countless people.

And then the Akita County Hall awarded Bai Chuanfeng the Akita County Honorary County Medal, which made the bottom-level people feel good about him.

This Honorary County Medal is a recognition of his free donation for the heavy snow disaster.

Look, they rescued local enterprises when they were in crisis, and paid out of their own pockets to subsidize the disaster victims in the border areas whose agriculture was damaged.

What image is this? Proper Wei Guangzheng.

Cough, it is better to maintain a more positive image of the founder of the company.

This is a good thing for Shirakawa Electric, and it is also conducive to the official publicity of Akita Prefecture.

As for those opponents who were quite critical, Sasaki directly said "don't say anything that is not conducive to unity" and sent them back.

So at that time, Bai Chuanfeng's name was definitely useful in Akita County, and he would be a guest no matter where he went.

So what is our bright and upright Bai Chuanfengsang busy with now?

Bai Chuanfeng is now busy making a final confession to Arai Yu. The matter here in Akita has come to an end, and he is also preparing to return to Tokyo.

"Arai-san, Hokuto Bank is here to trouble you a lot."

Bai Chuanfeng can only speak a little about the banking industry, after all, it is also mentioned in the courses of Meiji University.

But a true professional must be Yu Arai who has worked in the first persuasion bank all his life.

"President Shirakawa, don't worry, Beidu Bank will leave it to me."

Yu Arai, who has retired, seems to be rejuvenating his career at this moment.

According to the careful calculation, Beidu Bank has nearly twenty branches, which is much more exciting than when it was the first to persuade the bank.

Moreover, although Bai Chuanfeng is temporarily serving as the president of Beidu Bank, Yu Arai needs to take charge of the real management.

With such a large piece of foundation, although there are a lot of things at the moment, Yu Arai feels that he can fight for another ten or twenty years.

"The current top priority of Beidu Bank is to sort out the interests of various investments.

For those primary industries with no prospects, stop losses in time and cut them in time.

Subsequent investments by the bank are mainly concentrated in emerging fields such as the service industry or potential technology industries. "

Originally, many of the investments made by Yuhou Bank were quite unbelievable.

Not to mention agriculture, after all, it is the pillar industry of Akita.

Although the income is not much, the victory lies in stability. Bai Chuanfeng didn't intend to move this part.

But what the hell are those mines that are already depleted?

At the beginning, when Bai Chuanfeng saw the mining industry under the investment directory of Yuhou Bank, he was even happy in his heart.

Is it possible that I will become a mine at home in the future?

As a result, I checked several small mines here in Akita. Since the 1970s, the output of ore has been decreasing year by year.

Up to the beginning of the 1980s, some of them had even ceased production because of the exhaustion of resources.

Such an investment that is doomed to have no prospects, if it is not cut off, can it be kept for the New Year?

"Beidu Bank has finished sorting out the materials here, and I will send a copy to President Bai Chuan in time."

Arai Yu probably understands what his president thinks, and those investments involving energy should be discarded in time if they have no future.

The reason why the original Yuhou Bank was reluctant to bear these things was nothing more than the influence of energy.

But in Bai Chuanfeng's view, this is completely pedantic behavior, not chasing emerging industries.

It is simply unreasonable to embrace the traditional energy industry that is sunsetting.

Now Bai Chuanfeng took over, in order to straighten out resources. For the disposal of these investments, just one word, chop!

However, which investments should be cut off will definitely require Bai Chuanfeng's nod and signature in the end.

"In addition, Hokuto Bank is headquartered in Akita, but it also has its own office in Tokyo.

In the future, if Northern Metropolitan Bank wants to expand its influence, Tokyo is an unavoidable place.

Therefore, apart from the five northern counties, Tokyo is the second focus of our business.

The sooner you lay out, the better you can occupy a favorable position.

Especially the foreign exchange business, this is an important measure to be in line with international standards, and there must be no mistakes.

In addition, our business should not be limited to the field of public settlement.

Personal insurance business, and even public bonds in the future have been planned in advance. "

The traditional income of banks is nothing more than interest income, fee income, and investment income.

But in addition to these, some intermediate businesses can also be developed.

The so-called intermediary business probably includes bank card business, wealth management business, consignment business, etc.

Their advantages are that they hardly occupy capital, have good stability, strong sustainability, low risk, and are less affected by cycles.

Beidu Bank's ability to generate profits at the moment is not strong, so if it wants to have further development, it can only open source.

All kinds of financial management and Amway, Bai Chuanfeng experienced many phone bombardments in his previous life.

At this time, he casually said a few words, which made Arai Yu's eyes shine.

However, these things need to be operated by professionals, and Bai Chuanfeng can at most provide a reference.

Regarding Beidu Bank, Shirakawa Feng Lingling talked for a long time before finally coming to an end.

"President Shirakawa, regarding the bank shares held by Shirakawa Holdings, we need to..." Arai Yu winked at Shirakawa Feng as he spoke.

Bai Chuanfeng pondered for a while before giving the answer, "You can try it, but don't make it too obvious.

After all, we have just completed the integration, and if it is too much, it is easy to fall into the trap. "

"Understood" Yu Arai understood in seconds.

For the rest of the shares in the hands of others, Bai Chuanfeng will not be too demanding.

After all, most of the shareholders in the shareholders' meeting are people who support him, so it's better to do less about crossing rivers and demolishing bridges.

In addition, these shareholders are not soft persimmons, they have more or less their own influence locally.

These local families should not only look at financial resources, but also consider comprehensive strength.

Moreover, it is absolutely impossible to live alone in the banking industry, and the connection of all links cannot be separated from their help.

Their family business also has business in Beidu Bank, which can be regarded as a kind of resource.

But if they are willing to cash out part of the shares, Bai Chuanfeng will not refuse.

Seeing Arai Yu leave, Bai Chuanfeng leaned on the back of the chair and closed his eyes to Chen Si in the office.

A total of more than 60 billion yuan was used to take down Beidu Bank, which almost drained Bai Chuanfeng's family fortune.

For the whole of last year, Baichuan Electric's local profit was about 24 billion yen.

The profit from the North American market surpassed Neon’s homeland in just half a year, accumulatively amounting to 130 million US dollars.

If you want to add these two parts, it will be 56.5 billion yen, and now all of these are thrown into the Northern Capital Bank.

In addition to these pure profits, they even borrowed part of the book funds.

In this way, the investment was finally evened out.

Once back to before liberation.

Although the money was spent, Bai Chuanfeng felt it was worth it.

He is well aware of how important it is to have a bank within the group.

Although he hasn't enjoyed its bonus yet, Bai Chuanfeng knows that it will definitely give him a big gift in the future.

But after finishing things here, it's time to go back to Tokyo.

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