Since it is not, is it possible that Feng Zhenyuan really wants to save money? But then again, Feng Zhenyuan is a celebrity in the capital and has a very well-informed experience. Moreover, as a businessman, he can naturally understand the concept of a bank. Whether it is for the sake of the dividends of the bank, the concept, or the relationship between Comrade Li, it is reasonable to deposit money into the bank.

After thinking it through, Wei Hong did not tell anything and quickly bowed and returned: "Oh, Boss Feng, I haven't seen you. You are here to save money, but you are a distinguished guest among the distinguished guests! Let's go to the bank first to wait. I will send someone to inform Duke Song and send the Right Weiwei to your mansion to bring some money!"

"Then I'll be in trouble!" Feng Zhenyuan bowed again, and then entered the bank under the leadership of a beautiful female salesperson.

The bank has four parts. In addition to the business hall, security room, and vault, the last one is the VIP reception room. The VIP reception room is upstairs. The bank has three floors in total, and the upper two floors are VIP reception rooms, which are specially used to receive big boss-level figures like Feng Zhenyuan.

Wei Hong informed Xiao Yu of the news that Feng Zhenyuan came to save money. Xiao Yu was very happy and immediately sent someone to send an order to dispatch forty Right Wei Guards from the Ministry of War to go to Feng Zhenyuan's mansion to get the money. Later, Wei Hong and Xiao Yu discussed and simply left the forty Right Wei Guards behind and acted as bank bank depositors.

When the Youweiwei went to Feng’s mansion to transport money, Wei Hong specially sent a more wise female salesperson to introduce various bank credit businesses to Feng Zhenyuan. The bigger the boss, the more he needed to borrow. A big boss like Feng Zhenyuan would do business and do tens of thousands or hundreds of thousands of taels of silver. Sometimes the capital turnover is not effective, the bank will be his only pillar, and he will definitely be very interested.

About the evening, the fully armed Right Guard transported Feng Zhenyuan's 400,000 taels of silver into the bank. After counting and weighing, he registered and deposited it into the vault. Then he recorded Feng Zhenyuan's information into the bank's system, and then sent the passbook developed by Wei Hong to Feng Zhenyuan to collect it. After that, the passbook was a certificate for withdrawing money. In addition, Feng Zhenyuan was told that if the passbook was lost or destroyed, he had to come to reissue it. When withdrawing the money, he must bring the passbook and come in person to take it away.

At first, Feng Zhenyuan was a little vague about the mechanism of depositing and withdrawing money. After getting a passbook, Feng Zhenyuan felt relieved after listening to a big explanation.

The celebrity effect is very terrifying. The fact that Feng Zhenyuan and Li Xiehe saved a lot of money quickly spread in the capital. The boss of Baoding, the largest tea merchant in the capital, also deposited 300,000 taels of silver, and some other first-class merchants, second- and third-rate merchants, also began to save money. After the merchants, the people also began to show signs of saving money. At first, the number of people was still not large, but as time went on, half a month later, the scale of saving money began to appear.

The first ones were rich and landlords who saved money. The amounts of money were different, some were thousands of taels, and some were hundreds of taels. The wealthy people were ordinary people, and the amounts they saved were not large, the more was only a few dozen taels, and the less was only a few hundred cents.

The salesperson was busy and anxious, while Wei Hong and Xiao Yu smiled, smiling happily.

That night, Xiao Yu and Wei Hong entered the palace overnight to report to Comrade Li. Xiao Yu held the document and said with a strong voice: "Your Majesty, since the opening of Tianyou Bank, there have been twenty-six ripples. The local wealthy businessmen, rich households, and various personnel, have a total amount of money deposited by 6.543,621 taels,0965 cents."

Although Comrade Lao Li lived in the palace, the news was quite well-informed. He knew that these sub-bank businesses were booming, but after hearing this amount, he still lost his chin. Comrade Lao Li's body trembled and said unbelievablely: "In just twenty-six, how could he deposit so much money?! This bank is really as Wei Hong said, and it is a powerful tool for making money!"

Although Xiao Yu also smiled, because he was not doing business and his business mind was a bit blocked, he still had a trace of the banking system. In front of Comrade Li, Xiao Yu asked: "Although you deposit a lot of money, according to the current speed of deposit and interest, you have to pay more than 100,000 taels of silver every year just by paying the interest."

Comrade Li and other students have been studying the banking system and are already very familiar with the bank's methods of making money, but they still waved their hands to Wei Hong and asked Wei Hong to answer.

Wei Hong smiled and said: "Banks are equivalent to an intermediary. People deposit money in the bank. During the period when they do not withdraw money, the money is decided by the bank. Banks can recruit merchants and distribute money when the merchant borrows loans and collect interest. Usually, the interest is 5% and one million taels of silver will be charged 50,000 taels of silver every year. When the merchant returns the principal and interest to the bank, the bank will return the people's money to the people. The difference in these interest rates becomes the bank's money."

Upon hearing this, Xiao Yu suddenly realized: "That is to say, borrow one million taels of silver to the merchants and earn 50,000 taels of interest every year. Then after collecting the money, he will return the one million taels to the people, and an additional 3,000 taels of silver will be paid. After deducting 50,000 taels of silver, there will be 47,000 taels of silver left. This money will become ours?"

Wei Hong nodded without comment, then whispered: "It's not ours, it's the Lord."

Xiao Yu was stunned for a moment and quickly apologized to Comrade Li: "I asked the emperor to atone for his sins, but the old minister made a mistake."

Comrade Lao Li was happy after making money, and did not care about these details. He waved his hand and signaled Xiao Yu to calm down. Then he said to Wei Hong: "Wei Hong, when do you think the bank will be promoted to the entire Tang Dynasty?"

Wei Hong said without hesitation: "As for now, 'promotion' is not the primary consideration. When the bank in Beijing matures, the promotion will come naturally and naturally. What we need to worry about now is how to spread the money in the bank!"

"Spread it out?" Hearing this, Comrade Li and Xiao Yu were both stunned and puzzled.

Wei Hong said: "Money is dead money in the bank, and it will not become more. The main purpose is to distribute it to merchants and use the merchant's special skills to spread the money throughout the Tang Dynasty. Although money is not in our hands, it can make money at all times and make profits for the bank. You only need to leave a certain amount of working capital in the bank for emergencies. The rest of the money should be lent out, or invest in other transactions."

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ps: I went downstairs and bought two packs of cigarettes and prepared to continue fighting. Brothers, don’t lose your momentum!
Chapter completed!