Back to Ming Dynasty with Industrial Revolution System

Chapter 101 Taking Deposits
"Investment? What investment?"

"The Fu Liao Army wants to get its own ticket number? That means we can use the Fu Liao Army's bank to trade?"

"The influence of the Liao Army is still limited to the south of Liaoning. It may be very difficult to become a big bank across the country."

"Speaking of which, we also have many money houses in Guangzhou. The money houses can be divided into three categories: bank accounts, mainly for lending money; Mainly dumping silver ingots. I don’t know what type of bank the Liao army wants to build?”

The businessmen present were whispering among themselves.Those who do long-distance trade will of course use the exchange service of the bank more or less.

"Don't be impatient, everyone. The Kyushu Bank we established is still different from the previous banks. Please listen patiently."

"Our Kyushu Bank provides storage services. The initial deposit interest rate is [-]%. The loan interest depends on the ability of the lender and the amount of the loan. Please rest assured that our Fuliao Army is based in Dalian Port, Jinzhou, Fuzhou, and Gaia. The land and all the properties of Dongjiang Township, Liuqiu, and Dongjiang Town are guaranteed, and they will definitely not be unable to pay everyone's deposits. Unless the Houjin Kingdom re-takes southern Liaoning, but do you think this is possible?" Chu Yun said.

The big businessmen present all laughed tacitly.If there is a re-Liao army in southern Liaoning, will it fall?These big businessmen are all people who have observed the barracks and strength of the Liao army. They saw batches of firearms being produced from factories and equipped with well-trained soldiers. They were definitely only for the Liao army's northern expedition.And the most outrageous thing is that although Chu Yun has not had any large-scale conflicts with Hou Jin recently, the Fu Liao Army will organize drills and drills every day, and will also shoot cannons outside Jinzhou City!
"The annual interest rate of [-]% is believed to be better than many small banks, and our Kyushu Bank can also provide liquidation services. As long as you deposit silver taels in Kyushu Bank, you don't need to bring silver when you pick up goods from our factory in Fuliao Army. It can be directly deducted from the bank! In the future, everyone will not have to take huge sums of money and take risks to pick up goods here!"

"This is a good service." The eyes of the merchants were shining.If the silver is placed in Chu Yun's new bank, it can be taken away at any time when it is used, and it can be used to make money when not in the bank, reducing some losses.Anyway, their demand for the products of the Liaonan factory is huge, and it is not only troublesome but also unsafe to bring boxes of silver to pick up the goods every time.

"Originally, I thought that the bank should be open to all the people in southern Liaoning and Ryukyu, but I was afraid that no one would respond for a while, so I asked you to do a demonstration. The first batch of businessmen who made deposits at the Kyushu Bank later had poor capital turnover. When borrowing from Kyushu Bank, you can enjoy more preferential interest rates." Chu Yun gave the businessmen another injection.

"My lord, there is no need to say any more." Nanjing Zhang Yuanwai stood up and said.

Um?Where did I say something wrong?Seeing Zhang Yuanwai standing up abruptly, Chu Yun was a little surprised.The rest of the merchants fell silent, and they all looked at one of the richest merchants here.

"Our Zhang family in Nanjing deposits 5 taels of silver in Jiuzhou Bank. If it is not enough, the adults will give orders. I will send a letter to Nanjing to transport a few boxes of silver." Zhang Yuanwai said boldly.

Wow—Many businessmen exclaimed in amazement.As expected of a wealthy Nandu businessman who spends a lot of money!Although Chu Yun's Kyushu Bank has made some progress compared with the previous banks, but if you want to throw 5 taels of silver in at one go, you have to trust Chu Yun very much, otherwise, what if Chu Yun turns his face and refuses to recognize anyone in the future?
"Our Wu family in Quanzhou also deposited 5 taels of silver in Jiuzhou Bank." Another businessman who confronted Zhang Yuanwai immediately said.

"Yangzhou Xie's family deposited 1 taels of silver to Kyushu Bank."

"Guangzhou Fulin's family deposited 5000 taels of silver to Kyushu Bank."

……

With two big-name merchants leading the way, other merchants also expressed their views.The deposits of some powerful merchants are thousands of taels to tens of thousands of taels, while the weak merchants also symbolically deposit hundreds of taels.Of course, if you don't save enough silver on such an occasion, you are telling your peers that you have no money!It's embarrassing!
"My lord, there are a total of 38 merchants depositing in our Jiuzhou Bank. Our deposits in Jiuzhou Bank now have 3000 taels of silver. On average, each merchant has deposited more than [-] taels of silver. This financial crisis can be overcome! "Chen Ting saw more and more deposits in the account book, and his brows were filled with joy.

"Stupid, this money has to pay interest, and it has to be repaid at any time. We need at least 20.00% of the principal as a reserve to deal with the risk of a run! The bank seems to be a business without capital, but it is essentially spending money in the future. money!" Chu Yun was not so optimistic.

Unless the productivity in southern Liaoning is further released, finance without industrial support is just a castle in the air, which will collapse at any time.Regardless of how active the current merchants are, they are actually only optimistic about the development prospects of the Liao army, just like Lu Buwei in ancient times.

"Yes, yes, yes..." Chen Ting also felt that it was too unrealistic for the money to come so easily.The money you get now is your future debt!
"Thank you for your generosity. Our Kyushu Bank will open to the public in a few days. When the time comes, the business will flourish and we will be able to provide you with better services." Chu Yun bowed his hands to the Gods of Wealth present.

"What is General Chu talking about? The Liao army provided us with high-quality and cheap goods. We have made a lot of money by selling them for nothing. In the future, General Chu will support us a lot." The merchants also politely said to Chu Yun.

At this time, someone among the merchants suddenly asked: "General Chu's fleet attacked the Japanese pirates in the east and went to Ryukyu. I don't know when they will go south to the East China Sea and the South China Sea to put down the disaster of pirates and red hairs?"

Hearing someone ask about Nanyang, all the merchants held their breath and looked at Chu Yun.Nanyang trade has always been a pain for all Ming merchants engaged in ocean trade!The trade in the Bohai Rim region is mainly with the three countries of Houjin, Korea, and Japan. It is still a regional trade, but the trade in Nanyang is an important part of the global economy.The merchant ships heading to Southeast Asia not only traded with the backward southeastern countries, but also traded with countries in another hemisphere through the Strait of Malacca.Daming's silk, tea, and rice are famous all over the world, and a lot of silver flows from the Strait of Malacca to Daming!
However, the red hair known as the sea coachman is wandering around Malacca, and even closer to the South China Sea and Penghu, there are pirates Zheng Zhilong and others who have plundered it. Each large ship has to charge 3000 taels as a protection fee!Such businessmen dare not speak out!

Want to face the One Piece King Zheng Zhilong and the Sea Coachman?Chu Yun was a bit more flexible: "This..."

(End of this chapter)