I'm in the county town, and you say I'm a big shot?

Chapter 415 Can Nanxin Bank, Tomorrow's Cube, Ele.me, and ByteDance form a financial closed loop?
"First of all, the decision-making power must be firmly in your hands. Those nouveau riche from Nanxin are more trouble than they're worth in the board of directors. We need to kick them out completely."

"I don't plan to set up a board of directors for the time being. I will be the executive director and president." Fang Qingye said calmly, "Several companies have already withdrawn their investments, leaving only two. We'll get rid of them both."

"Huh? You two know each other in Nanxindu, you see each other all the time, are you sure you're really going to be so heartless?" Xia He asked.

"Why should I be the villain?" Fang Qingye laughed. "Hand it over to the county, and they'll kick people out! That's one of my conditions."

"Ha! You're ruthless! But this makes it your sole proprietorship, and I'm afraid neither the provincial banking regulatory bureau nor your county government will be too comfortable with that," Xia He pondered. "Qingye, I think you'd better introduce other capital, preferably state-owned capital!"

“You’re right, we can’t be like Jack Ma,” Fang Qingye replied with a smile.

"JACK Ma? Who is that?" Xia He didn't react for a moment.

"I was just talking nonsense, you can continue."

“Oh, but which state-owned capital is suitable? There are almost no state-owned enterprises in the local area now. Should we look for state-owned banks? But I think that involving banks would be detrimental to your management.”

Seeing Xia He racking her brains in the video, Fang Qingye laughed: "Have you forgotten? The Nanxin County government?"

"What?! You're letting the Nanxin County government invest and take a stake?!"

“Yes, when Baoshang Bank was setting up rural banks, the county government had its own company called Futai Company, which was managed by the Finance Bureau. They wanted to invest in it, so I made this suggestion, and I guarantee they will agree,” Fang Qingye said.

“I plan to contribute 400 million yuan first, and the county will contribute 100 to 200 million yuan. Moreover, it will be a financial investment, and we cannot interfere with the bank’s daily operations. Of course, we have the right to review the bank’s annual or semi-annual financial reports.”

"Wow, Yezi, your idea of ​​introducing state-owned capital is brilliant!" Xia Hejiao said with a smile. "This will dispel many people's worries and doubts, and it will also tie the county government to your banking chariot. Even if the leadership changes, it will be convenient for you to get things done!"

"Don't use such an unpleasant term as 'binding,' we are mutually beneficial and win-win."

"Haha, you're getting a good deal and then acting innocent."

"Any other questions you've thought of? Please continue," Fang Qingye asked.

“Okay, I think the second point is very important.” Xia He continued, “Nanxin Rural Bank’s business scope is limited to Nanxin County, which is too small! I think it would be best to expand its business scope to at least Jinghai area, or even the entire Jiangsu Province!”

"You're right, I'd like to expand it nationwide."

"Oh? You want to rival the Big Five banks?"

"Unfortunately, that's impossible. Shi Guangrong has already sent word that the Provincial Banking Regulatory Bureau will not agree to expand the geographical scope of operations. However, I will still make this condition of expanding the geographical scope of operations. Ask for the moon, but we'll negotiate the price down," Fang Qingye said with a smile.

“If we really can’t avoid expanding the geographical area in the end, then it’s pointless!” Xia He frowned. “A county-level bank is too small.”

"Shi Guangrong asked me the same question, but I didn't tell him. However, I can tell you," Fang Qingye said with a smile. "My goal is not to develop offline businesses, but to focus on online internet banking, or what you would call smart banking! So all I need is a banking license."

"Internet banking, this term is very new."

"A comprehensive, seamless, fast, secure, and efficient internet financial service institution that provides customers with deposits, loans, payments, settlements, remittances, electronic bills, electronic credit, account management, currency swaps, P2P lending, investment and wealth management, and financial information online through cloud computing, big data, and other technologies."

Fang Qingye spoke eloquently, leaving Xia He speechless with astonishment.

"My goodness, Aoba, your idea is really bold."

"Of course, this is just my idea. Whether it can be realized is still uncertain, and we'll have to wait until I've completely reorganized the rural banks before we can talk about it."

“You will definitely succeed!”

"Thank you for your kind words," Fang Qingye said with a smile. "Do you have any other suggestions?"

"That's all I'm thinking about. As for personnel matters, I won't interfere," Xia He said.

"Then I'll say one more thing."

"Ok?"

"Tuofang Investment wants to send someone to the board of directors of Baoshang Bank!"

"Ah, Qingye, you wouldn't be eyeing Baoshang Bank, would you? That's quite an appetite!" Xiahe exclaimed.

"I don't have that idea," Fang Qingye said with a smile. "I'm just very unhappy with the Mintian Group, the major shareholder of Baoshang Bank, for misappropriating bank funds and embezzling state assets. I want to defend the inviolability of state property!"

Xia He laughed when she heard this.

"Hehe. You should say all those high-sounding words to the leaders of the China Banking Regulatory Commission. Don't pretend in front of me."

That's really what I think, so why don't you believe me?

Am I not noble enough?!
"Also, the bank's name should be changed. Nanxin Rural Bank is too old-fashioned. It would be better to change it to Nanxin Bank or Nanxin Commercial Bank."

Xia He suggested. "OK!"

The two chatted for a while before ending the video chat.

Fang Qingye washed up and then crawled into bed to sleep, still thinking about this problem.

Ever since having dinner with Zhong He in Huijing, Fang Qingye has been thinking about how to proceed with the development of Nanxin Rural Bank.

I have many ideas, just like those I discussed with Xia He.

Of course, there's more to it than that. If they have a banking license, could they then control ByteDance, Douyin, and Ele.me, and form a financial closed loop?
interesting.

But now the consideration is how to successfully acquire Nanxin Rural Bank while satisfying my demands to the greatest extent possible.

But in no hurry.

I can't be too proactive in this matter.

Fang Qingye wasn't in a hurry. After Fang Jianhua showed him the documents, he didn't seem to react much. He still spent his days in the nursery or went fishing in the countryside.

Fang Qingye wasn't in a hurry, but some people were, including Zhang Xiaojun, chairman of Nanxin Rural Bank.

In the office of the chairman of Nanxin Bank, Zhang Xiaojun held a thermos cup and stared blankly at the blooming forsythia outside the window.

Spring has arrived in Nanxin, but his distant northern hometown of Baotu City is still covered in ice and snow.

Although the South is beautiful, he still wants to go back.

His chance had come; he could finally go back!
Although this method is somewhat undignified.

The board of directors of Baoshang Bank has approved the decision to withdraw its investment from Nanxin Rural Bank. Specific details will be discussed with the Nanxin County Government and the Jiangsu Banking Regulatory Bureau to properly handle the equity change of the rural bank and ensure that the bank's daily operations are not affected.

But for Zhang Xiaojun, none of these things mattered; what he cared about was getting back to his original position.

He was originally the assistant president of Baoshang Bank, but now he is the chairman of a rural bank, so he has naturally been relieved of his position as assistant president.

What should we do if we go back now?
Before returning to his hometown for the Spring Festival, he learned that the former president of the Dongsheng branch of Baoshang Bank had retired and the branch was short of a new president.

He immediately set his sights on this position and took advantage of the Spring Festival holiday to visit President Wang and explain his ideas. The president did not object but asked him to finish dealing with the matters in Nanxin as soon as possible.

He certainly understood that if things weren't resolved and Baoshang Bank couldn't withdraw its investment smoothly, he wouldn't be able to get rid of his position as chairman of the rural bank. How could he then go north to take up the post of president of the Dongsheng branch?
The problem is that the Nanxin County government and the Provincial Banking Regulatory Bureau seem to be doing nothing!

This frustrated him.

If this drags on any longer, the position of branch manager of Dongsheng branch may be taken by someone else!

He wasn't the only one eyeing that spot.

Thinking about these things made him even more agitated, so he lit a cigarette and started smoking.

Just then, Secretary Hu Lingling knocked on the door and came in: "Chairman Zhang, the credit review meeting is about to begin. President Zhao and the others have arrived. Please come over."

The initial members of the credit review team of Nanxin Rural Bank included the president, the vice president in charge of credit, the head of the credit department, the head of the finance department, the head of the risk control department, and the head of the legal department. Under normal circumstances, the chairman was not a member of the team.

But later, in order to seize this power, Zhang Xiaojun forced his way in and became the group leader, pushing the bank president Zhao Wenjun to the side.

But he has no mind to think about these things right now.

So he replied irritably, "We're not opening it for now!"

"When will it be held?" Hu Lingling asked.

"do not know!"

Hu Lingling opened her mouth as if to say something, but seeing Zhang Xiaojun's agitated look, she left the office without saying a word.

The credit review team was waiting in the conference room on the fourth floor. When they saw the secretary come in, someone hurriedly asked, "Chairman Zhang is here?"

"Chairman Zhang said that it will be temporarily suspended."

When will it open?

"He didn't say."

Upon hearing Hu Lingling's words, the meeting room erupted in chaos.

(End of this chapter)