Rebirth of the World’s Richest Man

Chapter 2414: The taillights are no longer visible

Tens of thousands of employees is nothing. Among the people present, many companies have tens of thousands of people, but they are all involved in labor-intensive industries.

There are factories and the like in enterprises, which employ the most people. Although there are not many enterprises with tens of thousands of people, it will not surprise everyone.

But the key point is that this is a banking and financial institution, and this industry is different.

Just like in later generations, there will be factories with tens of thousands of people, but Foxconn's factories are like this, and no one will think anything of it.

But if an Internet company can reach tens of thousands of people, it means that it is already a big player in the entire industry.

The same goes for the financial industry, because the financial industry is not a labor-intensive enterprise, with tens of thousands of employees and more than a hundred branches and institutions. Among financial institutions, it is no longer a small bank.

Countries across the continent and the southeast have revenue exceeding tens of billions of dollars, and cash flow reaching hundreds of billions.

And this is not over yet, Mr. Huang is still introducing everyone.

“Our main investment direction of Huahua Bank is heavy industry and resource-based enterprises. The real estate industry and Internet companies are also a new direction for our investment. Last year, we invested in more than 120 companies.

Among them, the renovation plan of the Furama Hotel in Xiangjiang has our investment..."

Mr. Huang probably talked about the investment in Xiangjiang. After all, Pengcheng is a little closer to Xiangjiang. It can be said that everyone knows a little bit about some projects. If he talks about some projects in other countries, Mr. Huang is afraid that everyone doesn’t know about it. It would be meaningless to talk about it. .

"Last year's Fortune Global 500 ranking, our Huahua Bank was on the list, ranking 390th..."

"Hiss." Everyone gasped again, another Fortune 500 company.

The world's top 500 banks, not all banks can be on the list. The banking industry only occupies a part of it. For example, there are many banks in China, not just local banks, but national ones. Not all banks are on the list, only a few.

But Huahua Bank is on the list, and its ranking is not low.

Everyone looked at Jiang Xiaobai with strange eyes. They have been chasing the Fortune 500 for many years, starting in 1996, and it has been more than four to five years this year.

I don’t know how many goals and slogans I shouted throughout the day, such as three-year plans and five-year plans, and I must become a Fortune 500 company.

But Jiang Xiaobai didn't even shout, but the Fortune 500 here is as simple as eating and drinking. Another Fortune 500 company, two Fortune 500 companies, these are all doing business. Why is the gap so big?

I don’t know how many people felt sour in their hearts at this moment. Director Lu looked at Jiang Xiaobai with a bit of resentment in his eyes. If everyone was the same at the beginning, why did you move forward secretly?

And now I can't even see a taillight from this car.

The conference room was quiet for a long time. Mr. Huang was also a little embarrassed. After saying this, there should be applause here. Why is it so quiet? Are these achievements not enough for everyone to give some applause?

After a while, sparse applause erupted in the conference room, led by Jiang Xiaobai.

Then the applause slowly became louder, but Director Lu and other people who started their business early were obviously careless. The key question is what do you mean by looking at me so resentfully?

"Director Jiang, you really gave us a big surprise. This sneaky person actually made Huahua Bank so big. This is another behemoth. You can't let us live." Director Lu Said resentfully.

Jiang Xiaobai shook his head: "Lao Lu, what a giant. It can only be said that it has just started. Compared with HSBC, Morgan and the like, this is far behind, and it can be regarded as a coincidence.

Now is also a chance for everyone to see if you have any ideas? "

Director Lu nodded and said no more. If he continued talking, he would really become a resentful woman.

Jiang Xiaobai nodded towards Mr. Huang, and Mr. Huang continued: "Last year, our Huahua Bank was ready to enter the mainland. We had a talk with the regulatory authorities in Beijing, and the regulatory authorities in Beijing put forward requirements.

In order to facilitate the supervision of the regulatory authorities, our Huahua Bank will set up a legal person bank in the country, and the business of operating RMB will not be restricted. Of course, there are still restrictions on the number of branches, up to each province, and then down. Cities and counties are not allowed to establish branches and sub-branches..."

This was the condition negotiated with the regulatory authorities in Beijing last year. After half a year of negotiations, the negotiations have basically been completed.

Huahua Bank can be regarded as having obtained the best conditions.

Except for the limit on the number of branches, there are basically no other restrictions, and there are many enterprises that can be operated.

"The scope of business we can operate includes absorbing public deposits; issuing short-term, medium-term and long-term loans; handling domestic and foreign settlements; handling bill acceptance and discounting; issuing financial bonds..."

Mr. Huang said, and everyone in the conference room listened carefully. This is basically no different from other banks in the country. The scope of business is equivalent to being liberalized.

However, after saying this, Mr. Huang still did not stop and continued: "Foreign exchange deposits, foreign exchange loans, foreign exchange bill discounts, approved foreign exchange investments, foreign exchange remittances..."

Everyone was stunned again. This is the business scope of foreign-funded banks. In other words, the legal person bank of Huahua Bank can not only handle the business of domestic banks, but also handle the business of foreign-funded banks.

But then I thought about it, and it seemed like this was normal. Huahua Bank was originally a foreign-funded bank. How could you not let them handle the business you are good at?

This is equivalent to Huahua Bank handling all domestic business and foreign business.

Compared with other foreign-funded banks, Huahua Bank has the advantages of a foreign-funded bank and has advantages in domestic business. Compared with domestic banks, Huahua Bank has an advantage in foreign exchange business.

Except for one thing, it is subject to certain restrictions in China. Apart from banks having only provincial-level branches, there are basically no other shortcomings.

And this does not seem to be a problem for Huahua Bank. After all, what foreign banks value most is high-end customer groups.

For high-end customers, who cares whether they need to go to a provincial capital city to handle business? They can't handle it at home!

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