Chapter 5034: Seriousness
China United Commercial Bank has good service! High efficiency! Moreover, it has also launched the 'Fengshen Venture Capital Fund' with a guaranteed return of 10%, which is currently only available to users of 'China United Commercial Bank'.
Although it is limited to 100,000 yuan, it is enough for most ordinary depositors. In this way, it has surpassed the four major banks in terms of service, efficiency, and income. In this case, it is almost obvious what choice the depositors will make. In particular, through word of mouth, hundreds of thousands of depositors went to withdraw money and deposited the funds in 'China United Commercial Bank' almost on the same day.
Before this, Lin Feng's 'Fengshen Venture Capital Fund' was still a little worrying for many people. After all, although Lin Feng has a good reputation, this is real money. For ordinary Chinese people, it is really a bit worrying to invest this money in Lin Feng. What if there is any risk? After all, the money they deposited is all coffin money. In this case, if the money is wasted, it will be the end.
Although Lin Feng has the "Second Bank", the "Second Bank" only has bank windows in a few places such as Beijing, Shanghai and Guangzhou, and there are no bank windows in other places. This has brought some inconvenience. Moreover, Lin Feng launched the "Fengshen Venture Capital Fund" in the name of "Fengshen Investment Co., Ltd.", not in the name of "Second Bank". This naturally makes people worry.
But now it is different. It is issued in the name of "China Lianshang Bank", which is fundamentally different. Such a big bank is here. Even if it loses money, are you afraid that the bank will run away? This is obviously impossible.
So, at this time, there were crowds of people, and the branches of "China Lianshang Bank" were crowded. The service numbers in the queue were directly beyond three digits, and there were still people waiting in line.
Of course, on the other side. The four major banks were also crowded, and the service numbers in the queue were also beyond three digits. And there were still many people waiting in line. However, the emotions on the faces of the staff of both banks were completely wrong.
One side was smiling, and the other side was frowning. On one side, people come to deposit money, while on the other side, people come to withdraw money. Although the four major banks have previously announced a rule that people must make an appointment 15 days in advance to withdraw money from a time deposit book, this time, people are not coming to withdraw cash, but to transfer money. You say you don’t have cash, that’s fine. We won’t make things difficult for you. But why can’t you even allow us to transfer money! Why! Does this require cash?
Transfers don’t require any cash at all! It’s just a transfer of numbers. According to the rules between banks, this money will be settled together later. It doesn’t mean that you transfer money from one bank to another bank now, and then this bank will settle the account immediately. This is impossible. Usually, the accounts are settled at the end of the month. Everyone will offset the transfer items between each other’s banks, transfer the excess, and make up for the debt.
This is completely a transfer of numbers on the books, so why can’t you allow me to transfer it! Why!
On this side, everyone deposits money with a smile on their faces and deposits it into the ‘Fengshen Venture Capital Fund’. Waiting to count the money. On the other side, there was a lot of noise, and the staff and depositors were arguing with each other.
The strong contrast between the two sides made the depositors want to defect. And this naturally gave the four major banks a headache.
"What should I do? What should I do?" The presidents of the four major banks were in a state of panic at the moment.
Now, the other party did not withdraw cash and directly asked for a transfer. This reason is natural and is written in the contract. The bank has no right to stop it.
And the country also encourages exchanges between banks. If they stop it, they will definitely face criticism. If they don't stop it, all customers will be lost, and they will be in big trouble. This is not just a problem of customer loss. It is more likely to cause problems with their accounts. After all, their funds have been loaned out. And these funds, if they want to recover them, it is not that they can recover them if they want to. Because these funds have either been used for turnover by the enterprise, or have become dead accounts and cannot be recovered. In this case. If you collect all the depositors' funds, wouldn't that be killing them!
Therefore, for the four major banks, this is almost a life-or-death moment. But they found that they seemed to have no response plan. How to deal with it? If the depositors want to leave, how should they deal with it?
This is also a matter of great concern at the moment. Now the answer from the CBRC is that the qualification certificates are valid. Although they are special cases, they are real and effective. If you want to forcibly ban them, then these 28 banks, except for Lin Feng's "Second Bank", the remaining 27 banks will probably suffer heavy losses. Because their funds have been combined, this merger is not easy, and it is even more difficult to split them up.
In particular, the people have accepted the merger, and if you split them up, the people will be even more confused. It will make the people have the idea that this bank is reliable or not. After all, you say merge, merge, and split up, which is too childish. If this goes wrong, these 27 banks may go bankrupt. If they collapse, China's financial order will inevitably be in chaos. Although the people may continue to return to the four major banks, their trust in banks will definitely decline. Moreover, it will be even more difficult for private capital to operate again. The Chinese economy is actually regressing instead of advancing. If this continues, China's modernization process will inevitably be affected.
Such a difficult problem makes it impossible for Mr. A to forcefully ban it. Because many people would disagree. For this matter, I can only blame myself for being held back by the two gentlemen, which caused the matter to be settled so quickly.
"Special case, special case, special case!" Mr. A gritted his teeth.
"Isn't this bad? In a market economy, everything must be determined by the market. The modern economy must flow. If we stick to the same rules as in the past, it will be like a trip to stagnant water, then China's economy will never take off! China wants to achieve universal It is even more impossible to be well-off. As for becoming a developed country, it is just a dream. Only in this way can the Chinese dream be realized by allowing funds to circulate and let banks enter the competition!
"Huh, this Chinese dream may also bring disaster. The flow of capital will lead to the formation of plutocrats. Just like in capitalist society, the evil capitalists will control the society. The common people will be preyed upon by the capitalists. Such a society , is that okay?" Mr. A countered.
"Capitalist society is certainly bad. But it also has its good sides. We must look at this problem dialectically. They can provide high welfare to the people, and this is what we need to learn from. Our country is still very poor, and the people have not yet We are not yet able to provide a wealthy and high-welfare society. But it is the goal of our efforts. Now, we are making little progress," Mr. Xi said with a smile, "I think this time, we have made a big step forward. You should see the positive side. Common prosperity, this time, Lin Feng has achieved a guaranteed return of 10% per year, which can not only prevent the people's money from depreciating, but also make a fortune. In this case, I think. This is great. We should support it!”
"What if he can't guarantee 10% annual income? Then it becomes a Ponzi scheme!" Mr. A sneered.
"I think he can do it. If he can't do it, China United Bank will naturally be responsible. And in this regard, I believe he will not deceive the public." Mr. Xi looked confident. He was somewhat worried about Lin Feng's character. This guy was too impulsive. But he was extremely confident in Lin Feng's ability. Since Lin Feng promised, he will definitely do it. Lin Feng will not promise anything that cannot be done.
"Okay, even if he can do it, what about the four major banks? Are you planning to let the four major banks collapse? Don't tell me about free competition. In this matter, the consequences of the collapse of the four major banks will be greater than those of you. I know the seriousness better! Especially, Lin Feng has never been an obedient person. What will happen if he doesn't listen to you in the future? I wonder how you can control the macroeconomic trend in the future! explain.
Four major industries! The two gentlemen looked solemn. Indeed, free competition is good, but it will not work if the four major banks collapse. In that case, China's economy will still suffer heavy losses. After all, with the presence of the four major banks, the country can regulate the economy more conveniently from a macro perspective. Without the four major banks, to be honest, although Lin Feng's "China United Bank" can completely replace it in terms of business, it will not be able to do so in terms of national policies. Speaking of which, it doesn't work. Because this bank is not decided by them, but by private banks. What if Lin Feng doesn’t cooperate? It's really possible that this kid won't cooperate. Then it will be troublesome. Moreover, although they support Lin Feng, they do not want an absolute monopoly to emerge.
Lin Feng's current methods are all about monopoly. Everyone can compete with each other for this high-quality service, but the four major banks do not have "Nuwa", and even the four major banks do not have this 10% profit guarantee. If this comes to competition, the four major banks simply cannot compete. Finally, collapse. That's trouble.
It is never a good thing for one family to dominate. Especially in China's banking industry, it is not a good thing for one company to dominate.
"Humph, you know the seriousness. Let me see, this time, we must ban this 'China United Bank'. Banning it now will cause a lot of trouble, but it is better than not being able to survive in the future. He is not what you think. You can control the person you want!" Mr. A suggested.
ban? The two gentlemen refused directly.
This situation is what they want. Banning it, isn’t that a slap in the face? Absolutely not!
*
*
*
◇【To be continued. "This text is provided by Shan Shen Ying Group x-on:雨爱丁". If you like this work, you are welcome to subscribe and give rewards. Your support is the author's greatest motivation. ] Bring your friends (x-on:影成x-on:新城神x-on:字书文x-on:玉树青花满目春)