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Text Chapter 420 Loans are for making money (Part 2)

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    Although Hu Li and others don't know much about how banks operate.  But they can also know that if loans are standardized, it will be beneficial to both banks and customers.  This kind of operation method will not cause large-scale bad debt problems. Even if there are occasional bad debts, it will not affect the fundamentals.  Liu Dong's loan advantage is not bad.

    Seeing everyone nodding, Liu Dong continued: "The second advantage of our SAIB loan is that the loan limit is significantly higher than that of domestic banks. If the domestic maximum limit is 10 million  RMB, then our loan limit of Huanya can reach RMB 100 million."

    Although it seems that it is only a span of 10 million yuan to 100 million yuan, it is such a span that it is a leap forward for the loan business of SAIB.  Although for Huanya, 100 million yuan is not much. The money Liu Dong gave Yeltsin before was 200 million US dollars. If converted to today's exchange rate, it would be almost 1 billion yuan.

    It may seem like a small amount, but for people in China today, an industry worth hundreds of millions of yuan is definitely huge.  In this era when millions of RMB can be obtained at the municipal level, a loan of hundreds of millions of RMB can do a lot of things.

    ¡°Whether it is building a factory or other projects, 100 million yuan can definitely get a big project that cannot be done with 10 million yuan.  And this is especially important for the family.

    ¡°It¡¯s not that families like Hu Li don¡¯t have good projects, the main reason is lack of money. If they can¡¯t get money from domestic banks, no matter how good the project is, it won¡¯t be of much use.  At present, the domestic underground financial industry is not developed, and there are only a few people who can pool hundreds of millions of yuan in cash flow.  It's not like in later generations. In some places, people in a random village can make billions if they put their money together.

    In an era when there were no normal domestic financing channels or underground financing channels, Liu Dong¡¯s loan was really important for those families with good projects and abilities.  It can¡¯t be said to be a long-lasting blessing, but it can also be regarded as a solution to an urgent need.

    Of course, not many families in China can operate projects worth hundreds of millions of yuan. There are not many projects that can reach this level.  But the amount Liu Dong released can really reassure many people.  They are not afraid that Liu Dong's Huanya Bank will not have the money to lend them money. As long as they have this information, even if Huanya Bank's loans are high interest rates, many people will be worried about them.

    Hu Li and the others can naturally understand how big a wave Liu Dong's maximum loan amount will set off in the domestic financial system.  Even they themselves can't help but be tempted.  What everyone lacks now is not access, but funds. As long as there are funds, many things that were impossible before can now be done.

    If domestic banks are taking the civilian route, then Liu Dong¡¯s Huanya is taking the high-end route, and relatively speaking, the scope of review is wider than that of domestic banks.  After all, the purpose of domestic banks providing loans is to revitalize the market, which is equivalent to distributing welfare. Since it is distributing welfare, there are naturally some things to pay attention to, and not everyone can get a loan.  Bank Asia does not need to consider such issues. As long as you have good projects and good plans, all problems will not be a problem.

    Yuan Zhiyong said at this time: "If the upper limit of your loan amount is 100 million yuan, then I think there should still be a market in China. Because there is currently no way for such a high-amount loan in China, and those who have this need  There are a lot of people, which is equivalent to having a market but no supply of goods. Now you, Huanya, are equivalent to providing this supply of goods. Even if the interest rate is higher, many people who really need it will not mind. You have this advantage.  obvious."

    Hearing Yuan Zhiyong's words, Liu Dong smiled, and then continued: "If I say that there are more advantages that people can expect, who else do you think can stop our SAIB's loan business?  "

    "What advantage?" Hu Li asked curiously.

    "Although this advantage is not an advantage for our company, for the vast majority of people in the country, this advantage is definitely not small. That is, our Asia Bank can not only provide RMB loans, but also provide U.S. dollar loans.  Loan business. No bank in China can achieve this advantage today." Liu Dong answered with a smile.

    Hearing what Liu Dong said, Hu Li and the others were stunned for a moment, and then sighed: "This advantage is indeed not small, and even very important. If you, Asia Bank, can do it, then I think many people will be willing to come to your Asia Bank."  Come get a loan.¡±

    ??For Liu Dong, the U.S. dollar is not a good thing, because most of the assets he controls are U.S. dollars or Japanese yen. Relatively speaking, they are domestic RMB. Liu Dong??I don¡¯t have much in my hands.  Even for the US$2 billion investment made in China, Liu Dong used funds swapped with the central bank. Liu Dong used US dollars to mortgage RMB, and the central bank exchanged RMB for US dollars.

    From now on, the central bank will exchange the amount of RMB that Liu Dong pays to the central bank in exchange for US dollars. Of course, this amount must be limited to two billion US dollars.  In fact, Liu Dong is still a little bit crazy about this cooperation, because Liu Dong knows that the current exchange rate of RMB against the US dollar is not very stable. In a few years, the current ratio of four to one will become eight to one.  In some cases, it even reaches a ratio of ten to one.

    If Liu Dong were to directly convert U.S. dollars into RMB now, then Liu Dong would have lost half of his money before he even started doing anything.  What Liu Dong could achieve with one billion US dollars a few years later, he now spends two billion US dollars to do. How could Liu Dong be willing to do such a loss-making business?

    Besides, the current exchange rate between the U.S. dollar and the RMB on the black market has almost reached the price of one U.S. dollar for twenty RMB, which is a pity just thinking about it.  If Liu Dong's two billion US dollars flowed into the country from the black market, then Liu Dong must have at least 40 billion yuan in RMB.

    Of course, this is just Liu Dong¡¯s thought. Not to mention how much turmoil this will bring to the domestic financial market, the small domestic black market alone cannot digest Liu Dong¡¯s two billion US dollars.  Not to mention two billion U.S. dollars, even one hundred million U.S. dollars would be able to suffocate the domestic black market to death.  If you want to use two billion US dollars to exchange for 40 billion yuan, that is purely whimsical.

    Therefore, Liu Dong¡¯s money must come in through normal channels.  Liu Dong is obviously not satisfied with the current exchange rate trend through normal channels.  He had already lost a billion dollars in a few years. How could Liu Dong do such a loss-making business?  Simply cooperate with the central bank directly, use US dollars as collateral for RMB, and set a ten-year term.  The final exchange rate was based on the price ten years later. Only in this way could Liu Dong avoid losing too much.

    And it was because of this contract that Liu Dong lost some trump cards, causing bank Asia's move to enter the mainland market to have twists and turns.  Originally, the central bank wanted Liu Dong to immediately convert the US dollars into RMB instead of pledging it.

    These are things that Hu Li and the others don¡¯t need to understand.  What Hu Li and the others need to know is Liu Dong's Bank Asia's determination and advantages in entering the domestic loan market.  At present, it seems that with the three major advantages mentioned by Liu Dong, it is not that difficult for SAIB to develop loan business in China.

    With these three advantages, it can ensure the stability of the capital market, increase the loan limit, and borrow scarce domestic U.S. dollars from SAIB. Even if it is a high-interest loan, enough people are willing to come to SAIB for loans.

    Especially the U.S. dollar is definitely a trump card for people in China.  Customers don't actually have to worry too much about things like market stability, because domestic banks currently don't have this concept at all. Even if they lose money, the country will pay for it. As long as the country doesn't fail, domestic banks will not fail.  So the first advantage Liu Dong mentioned is not that obvious.

    And the second advantage is a very good thing for everyone. The increase in the maximum loan limit means that they don¡¯t have to think about some crooked things and avoid a lot of trouble.  But it is not a trump card, because some brave people really want to get a loan of 100 million yuan, which is still possible in China, although it will leave a lot of clues.

    But the third advantage is that it is almost impossible for domestic banks or other financial institutions to achieve such conditions.  In these days, the country attaches great importance to foreign exchange, which is definitely beyond the imagination of outsiders.  Whoever dares to make foreign exchange decisions, the country dares to make plans for.  The issue of foreign exchange is definitely a red line. Even members of the political situation cannot touch it easily. Without a suitable reason, if you want to borrow foreign exchange, it is definitely a dream.

    But now, there are definitely many people in China who are in need of foreign exchange.  If Liu Dong could use foreign exchange for a loan, then not many people in the country would have a reason to refuse.

    "When Liu Dong mentioned the three advantages, whether it was Hu Li, Qi Heren, or Yuan Zhiyong, there was no doubt whether Liu Dong's SAIB could develop in the country.

    "Since you, the Bank of Asia, have such great courage, it is impossible not to succeed. I can imagine now, after you let the wind out, how many people will be crying and clamoring to come to your bank for loans."  . Just high interest rates cannot stop everyone from moving forward." Hu Li said with a sigh.

    He really couldn¡¯t imagine that any accident would happen unless the government explicitly prohibited it.  But even if the country explicitly prohibits it, it will not be of much use, because SAIB has no foothold in the country at all, and if domestic policies want to channel SAIB, they have to go to the UK.Dealing with guys.

    But Hu Li doesn¡¯t have high expectations about whether the country will ban it explicitly.  SAIB has just invested US$2 billion in China, and the country is beating up SAIB because of some loan problems. This is really not kind enough.  In addition, the people who can take out loans in Huanya are not ordinary people. With so many factors added up, the best choice in China is to ignore it at best.  Unless major problems arise, SAIB's loan business should be operating smoothly.
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