Reborn Xiangjiang Tycoon Growth

Chapter 1241: Opportunities for Bank Expansion 1

Since we can't influence the other party's decision-making, we can only ask employees to get the business done quickly. The longer this matter is delayed, the worse it will be for Far East Bank. There are many depositors outside. And it seems that the impact of Wu Guangzheng's account cancellation has already begun.

As a result, many customers who came to deposit money no longer dare to put their money in Far East Bank.

Fortunately, most of the Bao family's funds are placed in HSBC and foreign banks. As for other small and medium-sized banks, it is more of an attitude. Relatively speaking, there is not much. Otherwise, Far East Bank will fall down in an instant; even so,

It is also difficult to recover blood in a short period of time.

The most important thing is the impact. I believe the media will definitely report this matter; after all, the hottest topic in Hong Kong at this time is none other than the Charter King.

Qiu Degen returned home very tired, and he was not in such a hurry. But if there was an emergency in Xiangjiang, he had to come back and handle it personally. As the first generation entrepreneur in his family, as long as he comes back, his family will immediately have a backbone.

Important members of the Qiu family all came to the study about this matter. Everyone understood that the crisis must be resolved as soon as possible; otherwise, Far East Bank would be very dangerous and would even bring down other companies in the family.

Qiu Degen: "Boss, what's going on with the bank today?"

As an entrepreneur, no matter how old his son is, he will not trust him to take care of the business. This is especially true for the family's core industry. Therefore, the supervisory leaders of Far East Bank will still take care of major events that occur in the bank.

Report to him. Therefore, when Qiu Dasheng was negotiating with Wu Guangzheng, Qiu Degen already knew that the Bao family had come to close their accounts.

I just want the boss to report it in person. After all, what was said on the phone was not very clear; and the person who reported the report only knew a rough idea. After all, he did not handle the matter personally.

I have long wanted to report it to my father. After all, this matter is too big; it is beyond his ability and authority.

Qiu Dasheng: "This afternoon, while you were still on the plane, Wu Guangzheng of the Bao family came to the bank headquarters, canceled all the accounts of the Bao family's companies, and withdrew all the deposits."

"And there is no room for negotiation at all, and there is no mercy at all."

Hearing that the Bao family would actually do this, the Qiu family never expected it. After all, this is a rhythm that will never cooperate. Logically speaking; based on the previous relationship between the two families, it really shouldn't be possible.

Second Young Master Qiu: "If someone withdraws money and closes their account, you agree. You won't appease me. Now that the city is in turmoil, how are you going to end it?"

Hearing what his second brother said, Qiu Dasheng was really angry. Don't you know why the Bao family came to cancel their accounts?

You are the one who caused this matter. Now let me wipe your ass. And then you are complained about. There is really no place to reason. Qiu Degen did not expect that the charter king would do such a wonderful job. It seems that this time it is indeed true.

We have hit the bottom line. But since we have made a choice and there is no other choice, we can only go all the way to the dark side. At least we must catch the Zheng family, otherwise the Qiu family will not only fall into a desperate situation, but at least their life will not be easy.

.

Hearing what the second child said to the eldest son, Qiu Degen also had a huge headache. Every rich man hopes that his family will be full of children and grandchildren. But when the children grow up, it will give people a huge headache.

Every child hopes to perform well and suppress his brothers at the same time. The family assets are huge, but they are limited after all. Every child hopes to get more, preferably to control the entire family. Therefore, fights between each other are inevitable. And

This kind of fighting will manifest itself in all aspects, causing no peace in the family.

Qiu Degen knew very well that the boss was definitely not to blame for this incident. It was the second boss who insisted on playing the video of the two-pack secret conversation in order to prove himself; and then he refused to provide any information to the charter king.

Regarding the videotape received anonymously, this explanation would make anyone angry. This is to treat the charter king like a monkey.

Qiu Degen: "The matter is over, so what's the use of talking about it. The top priority is how to deal with the crisis, not the time to complain. At this moment, the family must be united and united to the outside world; otherwise it will be difficult to get through this difficulty."

"Both the second child and I are responsible for the Bao family's affairs. It was caused by a mistake in judgment. The boss was just handling banking business normally."

Everyone also knows that family unity is more important than anything else now. There must be no civil strife, otherwise the consequences will be disastrous.

Seeing that his sons were no longer arguing, Qiu Degen continued: "This incident happened because of the Zheng family, so we must bring them over. Tomorrow, my second brother, you will go to the Zheng family and ask them to deposit some funds at Far East Bank.

Enter. Shark Dantong is a smart guy and definitely knows what to do.”

Qiu Degen is still very confident about this. If the other party does not agree, then talk about the matter with the chartering king. I believe the Zheng family will not be easy. If Zheng Yutong admits that they did it, Bao Yugang probably will not call him personally.

he.

In the Qiu family, Qiu Degen's words are imperial edicts, and everyone must carry them out unconditionally. Therefore, the sons have no objections, and most importantly, they dare not have any objections.

Qiu Dasheng: "Father, it would be best if the Zheng family has funds to enter, but the issue of the Bao family's cancellation has begun to ferment. People who came to make deposits today are basically scared to go back; as more and more people know, the bank may face

Amid the run crisis."

"Although Far East Bank currently has relatively sufficient funds, there won't be any big problems in the short term. But if it takes a long time, it may not be able to withstand it."

Small and medium-sized banks are most worried about problems with their big customers. Although the Bao family is not the largest customer, their influence is not small. Moreover, they are from the same hometown as the Qiu family, so they all took away the money; does this mean that the bank itself has great risks?

.

Ordinary people don't care about that. For them, what attracts small and medium-sized banks is more interest. But the premise is that the funds must be safe; if it is found that the funds are risky, what is the use of high interest rates.

Qiu Degen: "I'll raise the deposit interest rate appropriately tomorrow, and we'll be fine if we get through this period."

For small and medium-sized banks, since there is a crisis of trust, there are two best ways. One is to increase bank interest rates so that depositors feel they can make money. The other is to find endorsements from big banks, such as HSBC's unconditional support before.

This will dispel the doubts of depositors. However, HSBC cannot support it unconditionally at this moment; after all, the charter king’s influence in HSBC cannot be underestimated.

Then we can only increase the interest on deposits; wealth can be gained through insurance, and I believe many people are still willing to take this risk.

But at this time, Qiu Degen obviously misjudged the situation and the people in Hong Kong were afraid of small and medium-sized banks.

Early the next morning, the bank had just opened. All employees of Bao's companies came to various branches of Far East Bank with only one purpose: to withdraw money and close their accounts.

Although an employee of a family business does not have much deposits in Far East Bank, the impact of being unable to withstand it is huge. People who were still waiting and watching yesterday did not dare to continue to put their money in Far East Bank. Promising high interest rates will not work. In short, it is necessary to

Withdraw money.

Far East Bank can only cope with the situation by temporarily closing the window and increasing the queue time. At the same time, it also mobilizes funds from various companies under the Qiu family to deal with the current crisis.

At the same time, Second Young Master Qiu and Second Young Master Zheng spent another crazy night together. Dad said how could Second Young Master Qiu wait tomorrow. So he made an appointment with a few newcomers from the TV station and called Second Young Master Zheng.

Second Young Master Zheng would not miss such a good thing. While drinking, Second Young Master Zheng said that he would mobilize 200 million funds to go to Far East Bank tomorrow.

But when he got up the next day, Mr. Zheng received a call from his father; he dared not mention the money matter again.

Putting money in the Far East Bank at this time is like beating a dog with a meat bun. The chartering king is already angry. If you help the Qiu family at this time, isn't it self-inflicted?

Qiu Degen personally sat in the bank and explained to depositors that Far East Bank had no problems at all. But the effect was not obvious, at least not many people in line left.

Now we can only hope that the Zheng family can mobilize funds, which will not only reassure citizens, but also increase the bank's capital reserves.

But after waiting and waiting, I couldn't see the Zheng family coming. I had no choice but to call the second child.

In fact, after Second Young Master Zheng left, Second Young Master Qiu also felt that something was wrong. After all, when the other party left, there was no deposit at all. Could there be any changes here, so he tried to call the other party to at least remind the other party.

But what he didn't expect was that Mr. Zheng's phone was turned off. Could it be that he forgot to charge it last night, but it didn't look like it!

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