Rebirth 79: I opened a bank in the United States

Chapter 162 Beneficiaries

"Not at all. We haven't reached that point yet! The Hunter family is still negotiating with those big banking groups, just trying to survive, not to mention our current asset situation is not bad!"

Hearing Goodman's pessimistic words mixed with a touch of cuteness, Carter couldn't help raising the corners of his mouth, and waved his hands repeatedly to try to dispel Goodman's evasive psychology.

"Besides, I still have more than [-] million in my hand. Later, I will increase capital injection to the bank. Anyway, with the establishment of the requirements for the reserve ratio and the opening of the Federal Reserve service, I can't hide the money. Instead Hiding it secretly like now, or putting it in the bank in the form of depositors' deposits, crowding out our funds. It is better to inject capital into the bank, which can also increase the capital, so that I can make more business investment in the name of the bank. "

The detailed rules stipulated in the new law are very interesting. The limit for issuing commercial loans or consumer credit, such as credit card business, is 5% of the bank's assets, which means the total assets of the bank.That is, deposits and owner's equity, that is, money belonging to the bank, are added together.For commercial investment, the purchase of commercial paper, bonds and other business scale is limited to 20% of its own assets.

If there is no problem with my understanding ability, isn't this so-called self-assessment the bank capital?
Subtract the vehicles purchased by HT, personnel wages, and the construction of cold storage, warehouses, construction of factories, renting of office space, or prepayment of some cooperation deposits.Carter has about 2800 million in cash, and at least 1600 million is left.This money is injected into the bank, and it can almost make Black Bank go sideways in southeastern Georgia.
There will even be a funny situation, that is, the business investment line of 320 million US dollars completely exceeds the consumer credit line of 100 million US dollars.
But even a consumer credit line of 100 million is not weaker than that of many commercial banks.Of course, this premise is to ignore the somewhat annoying geographical restrictions, and not to compare with large commercial banks such as Bank of America and Chase Manhattan.

With the current strength, it can't compare with them for the time being.But if he only focused on his own one-third of an acre of land, Carter suddenly discovered that his bank had already broken away from the restrictions on separate operations.
The maneuverability is very large!

"No, I have to call Montgomery first. Don't buy a new car, buy a second-hand car, and you can save at least one million dollars. When the money is recovered, my investment amount of about [-] million, and one hundred With a credit line of more than [-] yuan, there are already many things that can be done. This may be an opportunity!"

Thinking of this, Carter immediately picked up the phone on the table and called Montgomery in Memphis.Goodman, on the other hand, savored Carter's words carefully, while continuing to look at the contents of the bill
Carter's call arrived in a timely manner, almost stuck in Montgomery after shopping around, just finalized the truck supplier, and was about to send someone to sign the contract when the call came in.

After talking about the general content of the new bill, Montgomery can also understand Carter's concerns.After a brief discussion, the two of them waved their hands and directly cut the original purchase plan of 100 brand-new trucks into an actual purchase plan of 10 brand-new cars and 90 second-hand cars.

After all, it is a new company, so there must be a good car to support the facade. Carter is already content with recovering a sum of about 100 million.After Carter put down the phone, Goodman spoke again:
"You make some sense. Maybe I'm overthinking it. I just thought about it. Didn't the city of Pearson want you to provide loans to the original catering business owners? If it goes well, try to cheat them as much as possible. .No, convince them to join the HT program. The more merchants that join, the more mortgages we can make."

"If HT's benefits can be maintained, then the bad debt ratio of this series of loans should not be high. Perhaps we are really the beneficiaries of this reform?"

As Goodman was sipping, his mind suddenly buzzed.Why does this thing seem to be a bad thing and a good thing? !

People can't bear it, the core is because the loan can't be released!The demand for local loans is limited, and a large amount of funds is not only unable to make a profit, but also has to pay interest on it, and finally cannot bear the collapse.But if their HT plan goes well, the demand for loans on their side will not only be low, but will be extremely strong!

The councilman in Pearson knew that local merchants couldn't afford to invest in HT stores, and he, Goodman, knew as well.After all, this kind of thing is really not a secret. The business of a small household, roughly how the business is, can basically be guessed by squatting at the door of the store and taking a look. It can't be hidden from anyone.

"Maybe, the key depends on the specific implementation. I hope everything goes well. By the way, Uncle Goodman, please tell me about this national settlement service. I probably know what liquidation means, but the specific link, You were worrying about it before, and I need to know how it works."

Carter shrugged, although the words were very reserved, but the increasingly relaxed expression on his face clearly showed that he thought so.

After communicating a general direction, Carter turned his attention to the next item.That is, allowing non-member banks of the Federal Reserve System to enjoy the services of the Federal Reserve and allowing private institutions to participate in the settlement business.

The Fed’s services include many things, such as the discount service mentioned above, which means the Fed lends you a sum of money!Although they are all loans, the loans of member banks of the Federal Reserve System are called discounts, and the nature of subsidies and assistance is greater than that of loans.Like before, I borrowed 50 US dollars from the Atlanta Fed, which is a pure interbank loan, not discounted.

In terms of interest rate, cycle, and difficulty of review, they are not at the same level at all.However, my current financial situation is not bad, so I don't need the discount service for the time being.Naturally, Carter turned his attention to a company called NSS, which is almost immediately behind the discount service, that is, National Settlement Service, National Settlement Service.

"Okay, before talking about this, first of all, the concept of settlement and liquidation, do you understand?"

"Well, I probably know something. Liquidation is the transfer of debts and claims, and settlement is the transfer of funds?"

Carter nodded, he still has the basic concepts.Big and small is also a bank boss. In addition to studying high school courses, he has never stopped absorbing some knowledge needed in the banking industry.

It's just because of my studies, plus I'm not a bank manager.He has not participated in the real daily operation of the bank these years, so he doesn't know much about the process, or he doesn't understand it deeply.

Originally, Carter also planned to take his time, and when he was free during the holidays, he would actually experience the specific work of bank staff in this era, and then slowly understand and understand.

But this sudden change in the bill forced Carter to speed up urgently, in order to understand the logic and operating procedures, etc., so that he could make accurate and timely response decisions based on his understanding of the future!
"That's right, settlement and liquidation are probably like this. Liquidation is to figure out how much you need to give to which party, and which party needs to give you how much money, and then settlement is to transfer the money accordingly."

　Thanks for the rewards of book friends such as "Speechless", "The Waves Are Like the Moon qwq", "Resignation for Life", "Fake Name", "Little Flying Cat 001", as well as other people's monthly tickets, recommendation tickets, names If there are too many, I won't call them one by one
　　The main reason is that I found out that there was a reward of 5000 points after posting it yesterday. I was really surprised and grateful!

　　The last few chapters have been a bit boring, so please be patient.Because of the 80 Bank Act, there are too many contents. If some contents are not expanded and written clearly, some plots will not be easy to develop later.
　　Forgive me!In addition, there is another good news, the first order is 630, as of now, the average order has exceeded 1000, thank you again for your support!
　　
　
(End of this chapter)