Resource Tycoon Reborn

Chapter 147 A rare opportunity

"Yes, of course I do!" Fang Mingyuan blurted out almost immediately.

A fool would not want to do that. All mature Chinese people know that China’s banking industry is an industry that guarantees guaranteed profits without losing money!

In China, the profit source of the banking industry is completely different from that of the banking industry in developed countries in Europe and the United States. To sum up in one sentence, banks are a profit-making industry and banks are a monopoly industry!

Many people will find it strange that the banking industry is not an emerging industry. It has a long history of existence. And even in China, there are dozens or even hundreds of banks, large and small. National banks have at least

Five companies, so where does this huge profit come from?

In fact, banks' huge profits are granted by the government. Banks generally make money in two ways, one is by absorbing interest income from deposits and external loans, and the other is through various charges. Whether it is charges or interest rates on deposits and loans,

It is stipulated by the state through statutory regulations.

The average interest spread of foreign banks is generally between 0.2% and 0.5%. If it exceeds 0.5%, it is generally regarded as huge profits! In China, the interest rate spread of banks is generally between 0.2% and 0.5%.

The interest rate spread is the highest in the world. Major banks generally accept deposits from citizens at an interest rate of 56%, but two thousand years later, this interest rate has dropped to 2% or 3%, while banks generally

For external loans, the interest rate must be more than 10%, or even 15%. In this case, the interest rate difference between the two will reach 78%, or even exceed 10%.

! In other words, compared with its international counterparts, Huaxia Bank’s profit ratio is at least ten times higher than theirs!

There was a time when all the major banks claimed that they were soliciting deposits at high interest rates, but the interest rates were only 4 to 5%, which was comparable to their external loan interest rates of more than 10%.

In comparison, Fang Mingyuan even felt that the average interest rate spread between China's banking industry and its international counterparts could be described as shameless.

It is almost a common phenomenon in China's banking industry that interest rate differential income accounts for 70 to 80% of a bank's revenue. The controlled interest rate under the protection of the administrative system has become the fundamental reason why banks can obtain ultra-high income and profits. And this interest rate differential is regulated by the state.

As stipulated, major banks have no right to change it! So, to be honest, it is difficult for Huaxia Bank not to make money, as long as it can absorb deposits, it can make money!

Let’s talk about fees. China’s Banking Regulatory Commission issued a document clearly stipulating bank fee standards. Since everyone deposits money in a bank and has to open an account, companies have to pay their wages through banks, so fees are unavoidable. And the names of bank fees in Huaxia are:

There are many kinds of them. As far as Fang Mingyuan knows, in 2007 or 2008, according to the data released by Huaxia Bank itself, the bank's charge items were as high as more than 800! Sometimes, it was the bank's own

When handling business, the staff also had to open the thick pile of dozens of pages of materials.

Just taking small account charges as an example, if a card charges a few yuan, a bank would have to issue hundreds of millions of cards. From this alone, the bank can earn hundreds of millions or billions of yuan.

What's even more annoying is that many service industries in China are linked to banks. For example, to pay cable TV bills, you can only go to its designated bank, and to pay fines, drivers can only use cards from banks designated by the traffic management department.

These designated banks are often not the same one. As a result, citizens have to keep many bank cards in their homes that are only used for a certain service but are not used at all.

It is precisely because of the huge profits granted to banks by the state that China's banking industry has achieved excellent performance that is the envy of its peers in the world!

After hearing Fang Mingyuan's unmistakable answer, Yu Qiuxia also breathed a sigh of relief. To be honest, this time Guo's Shipping Group suddenly received an invitation from the All-China Federation of Industry and Commerce, inviting them to join the ranks of sponsors of the new bank.

, I was really surprised.

Although everyone in the Guo family still thinks that this matter has great potential after some discussion! China's economic development has been booming in recent years, and the future of the financial industry should be bright. The Guo Shipping Group has joined the establishment of the new bank.

It should be hugely profitable. Moreover, this would also facilitate Guo's shipping group's capital needs after entering China.

However, everyone in the Guo family has some concerns, mainly because they are worried about the repeated policies of the Chinese government. You know, Mr. Guo was particularly worried about the public-private partnership implemented by the Chinese government back then! Although, today's Guo family,

With rich assets and billions of yuan invested, it is not a big expense for them, but after all, it is what the Guo family has earned so hard, and it is heartbreaking to waste it in vain.

In the end, Mr. Guo decided to ask Yu Qiuxia to ask Fang Mingyuan what he thought of the matter. If Fang Mingyuan was optimistic about the matter, then the Guo family would resolutely participate. If Fang Mingyuan was not optimistic about the matter, then the Guo family would naturally go too.

This pool of muddy water. If Fang Mingyuan also intends to participate, that would be even better!

Although Fang Mingyuan has made his position clear, Yu Qiuxia feels that Fang Mingyuan has not thought it through at all and his answer is too hasty. She must remind her. "Mingyuan, you have to think about it. So far, the new bank has initiated

There are already forty-seven companies with a registered capital of 3.5 billion yuan. I know you won’t take this amount of money seriously, but..."

"Sister Qiu Xia, don't worry, I have thought very clearly. To be honest with you, I have long wanted to establish a bank in China! I am just afraid that I will not be able to get through with the government!" Fang Mingyuan interrupted her and said, "This is not the case.

Well, as one of dozens of shareholders, I think it won’t be so conspicuous!”

Fang Mingyuan knows very well how important a functioning bank is for the healthy growth of the Fang family's industry. Not only because the bank has extremely generous profits, but also because of the existence of the bank, for these businesses under the Fang family's name

For the industry, there is an excellent loan platform. This can play an extremely important role in the future development of the Fang family industry. This is because the core of the consortia in developed countries in Europe, America and Japan is a large financial company.

It can be seen.

Not to mention, in the next dozen years, China's banking industry will be hard-pressed to make money.

In Fang Mingyuan's previous life, the president of Jimin Bank once publicly said that sometimes the profits were so high that he was embarrassed to announce them!

The profits are so high that they themselves are embarrassed to announce them. From this, you can imagine how high the profits of the banking industry can be!

Before Fang Mingyuan died in his previous life, he once read a report written by someone in the banking industry. In 2009, the average annual profit of the five major state-owned banks in China was 36.0%! And among them,

This does not include the various hidden fees that companies have to pay to bank personnel when borrowing! Moreover, such high profits are achieved in the five major state-owned banks, which have serious overstaffing, overstaffing within the company, and the loan system is not standardized and strict.

This was achieved on the premise that the non-performing loan ratio is much higher than the international average!

If we were to switch to those internationally renowned banks, I am afraid that the annual profits would be more than double! Such huge profits are enough to make well-known banks around the world crazy! This is why the financial industry in European and American countries is eager to carry out China's

Important reasons for the market!

Although the relationship between the Fang family and Bank of Communications is now very good, and Gu Yucheng's development prospects are also very optimistic, Fang Mingyuan also understands that state-owned banks like Bank of Communications are greatly influenced by government officials. In the future, if there are senior officials

People intend to suppress the Fang family, so even with Gu Yucheng, it will be difficult for the Fang family to get a loan from the Bank of Communications! And Fang Mingyuan's other assets do not want to be exposed so easily.

Therefore, out of the idea of ​​not putting all eggs in one basket, Fang Mingyuan established a joint venture bank with two princes in the United Arab Emirates and paid attention to Hong Kong's financial industry!

Now, the opportunity jumped in front of him, how could Fang Mingyuan let this opportunity pass!

The first private capital joint-stock bank in China! Although it is also subject to the supervision of the People's Bank of China, its degree of freedom is ultimately higher than those of state-owned banks!

As long as there are clear property rights, clear powers and responsibilities, the shareholders' meeting, the board of directors, and the board of supervisors can play their due roles, Fang Mingyuan believes that Jimin Bank will have strong vitality and vitality in the future. And his understanding of the future will also

It can provide the right direction for the development of Jimin Bank! Even if the shares that the Fang family can obtain are pitifully small at first, Fang Mingyuan is confident that in the next ten years, the Fang family and the Guo family will become Jimin Bank.

The real person in charge!

"Sister Qiu Xia, when and where will the formal meeting of the sponsors be held?" Fang Mingyuan asked impatiently.

Yu Qiuxia couldn't help but feel a little funny. It's been a long time since she heard Fang Mingyuan speak in such an urgent tone! "Mingyuan, it's just an intention right now. I don't know the specific time and place. We have to wait until we officially reply."

Only after the All-China Federation of Industry and Commerce can we find out. However, I think it won’t be too long.”

Fang Mingyuan let out a long breath, and he also realized that he seemed a little too impatient. It was obviously impossible to resolve such a big matter in just a few months.

"Hey, by the way, I heard from Fang Bin that Spielberg, Cameron, and Gall are coming to China to meet with you recently. When will they be?"