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

Chapter 421 A bank's deposit balance is less than that of a single company.

Fang Qingye nodded calmly, "It is indeed an urgent problem. A bank's deposit balance is less than that of a single company. If word gets out, people will laugh at us. Continue."

"Another issue is the prevalence of non-performing loans in banks. This is a list of companies and individuals with overdue loans," Zhao Wenjun said, taking a document from his briefcase and handing it to Fang Qingye.

Fang Qingye took a look and immediately frowned.

Good heavens! There are over fifty companies and individuals involved, with a total amount reaching 1.1 million yuan. The smallest individual loan was 5000 yuan, while the largest was a company loan approaching 1000 million yuan. These are two subsidiaries of the well-known Inner Mongolian company, Qinggu Xinhe Organic Food Group Co., Ltd.: Qinggu Xinhe Agricultural Technology and Guyuan Agricultural Technology Co., Ltd.!

"What's going on? Both of these companies' loans are three months overdue, why haven't they started chasing up the payments?" Fang Qingye asked.

“They went.” Yang Weiyi, who was standing next to her, quickly explained, “Our employees went several times, but the boss was never there, and he didn’t answer the phone. There was nothing we could do.”

"No need to go there. Just file a lawsuit in court and seize their assets!" Fang Qingye said calmly. "President Zhao, you are in charge of this matter. Handle it as soon as possible!"

Zhao Wenjun nodded.

"Right now, the most urgent thing is to recover all overdue debts! We absolutely cannot allow them to become non-performing loans or even bad debts!" ​​Fang Qingye's tone was very serious.

"We need to intensify our efforts to recover the debts, make more phone calls and visits, and file lawsuits when necessary without delay. Of course, we should pay attention to the methods and approaches we use to recover small amounts of personal debts."

"In short, we must mobilize and wage a campaign to recover the outstanding debts!"

Zhao Wenjun and Yang Weiyi exchanged a glance, both seeing the confusion in each other's eyes.

The most pressing task right now shouldn't be increasing bank deposits? The employees should be out there attracting deposits, not chasing after debts.
The latter is certainly important, but how can it compare to the former?

No deposits can be used to make loans. According to the "Commercial Bank Law" promulgated by the state, the ratio of loan balance to deposit balance shall not exceed 75%. That is to say, theoretically, the maximum loan amount is 1.7 million yuan. Of course, this is just theoretical. In addition, a reserve requirement of 17.5% must be paid to the People's Bank of China!
However, this was the first order issued by Fang Qingye after taking office, so the two of them didn't say much and immediately agreed to formulate a recovery plan, assign all tasks to specific individuals, and achieve results in the shortest possible time.

After the two left, Fang Qingye returned to her desk, drank tea, thought for a moment, and then took out her phone to dial a number.

It was a call to Li Li.

"Boss, what can I do for you?"

"How much money does the company have in its accounts right now?" Fang Qingye asked.

“There’s another 4.5 million, including the 3 million you recently transferred from your personal account,” Li Li replied.

"Here's what we'll do: send someone to Nanxin in the next couple of days to open an account at Jinghai Bank and deposit 2 million yuan. We urgently need the funds here."

"Okay, I'll send someone over to handle it as soon as I get back tomorrow." Li Li immediately agreed, and added, "I'll call TomorrowCube and Ele.me to open accounts and deposit money as well!"

"also."

After hanging up with Li Li, Fang Qingye called Luo Yan from Huacheng Development, Wu Zeyuan from Yuxiang Gas, as well as Xianfeng Manufacturing, Kerry Group, Tenglong Group, and even Fang Xiangyang from BYD.

It means the same thing.

Can I open an account at Nanxin Commercial Bank and deposit some money?

Of course, I can't forget my second uncle, who was the director of the Finance Bureau.

Every year, so much of the county's fiscal deposits are divided up by the five major banks. Now, shouldn't we get a share too? Besides, our bank also has shares in the county. As for private deposits, Fang Qingye also called Song Dahai and a few other rich kids to open accounts and deposit money. As for how much to deposit, they can decide for themselves.

In the past two days, the once quiet Nanxin Rural Bank has suddenly become bustling since it was renamed Jinghai Bank.

At the headquarters branch in the county town and the branch on Changle Road, customers came in droves to conduct business, all for one thing: depositing money!
Just as teller Ding Ying opened a personal account for a man named Li Le and deposited 500 million yuan, she heard someone calling out to the man from behind.

"Hey, Brother Li, you're here to deposit money too?"

Ding Ying, busy with her work, looked up at the young man behind her. He was even younger and looked to be about the same age as her.

“Yes.” Li Le smiled at the young man. “Yes, Shi Yong, you too?”

"Of course, Brother Fang has spoken, how can we not give him face? We don't have much in savings, maybe 800 million."

"800 million? Shi Yong, you didn't deposit all your personal savings here, did you?" Li Le asked.

"Not quite, but that's about the majority." Shi Yong chuckled. "Firstly, it's to help Brother Fang, and secondly, we're not losing out. Jinghai Bank's interest rates are higher than other banks."

"Aren't you worried that, like the other day, you won't be able to withdraw money from the bank because you're out of cash?" Li Le joked.

"Holy crap! How is that possible? Look at who's in charge of the banks now!" Shi Yong said with absolute certainty. "Unfortunately, the county leaders forced my dad to withdraw his investment from the bank, which is a bit unfair. We should all make money together."

Li Le chuckled to himself upon hearing this.

County leaders?

That was clearly Fang Qingye's idea!
If we don't kick out someone like your dad, even the best business will be ruined!
Of course, he wouldn't say that.

After the formalities were completed, Li Le was about to leave when Shi Yong stopped him: "Brother Li, when we go to see Brother Fang, we should congratulate him properly and have him treat us to a meal."

"With his drinking capacity, that's good enough!"

After Li Le left, Shi Yong stood in front of the counter and called out to Ding Ying, "Beautiful lady, open an account and deposit money!"

"Sir, please have a seat." Ding Ying gave a professional smile.

She now knows that the man in front of her is also a second-generation rich kid, and the "Brother Fang" he mentioned is Fang Qingye, her boyfriend's good friend and the current bank manager.

This kind of scene has been frequently seen in banks these past few days. Individuals depositing money are making millions, while companies are making tens or hundreds of millions. In casual conversation, they're all calling him "Brother Fang," "General Manager Fang," or "President Fang."
A week later, Executive Vice President Zhao Wenjun received data showing that the bank's deposit balance had surged by 60 billion!
Surprisingly, the largest deposit was from Biyadi, with a one-year term deposit of 4 million yuan!

Seeing the data compiled by the branch and the business hall, Zhao Wenjun was stunned for a full minute before she came to her senses.

shit
That's fucking terrifying!
I personally visited this company, hoping to open an account and deposit some money at the village bank, but I couldn't even see a finance manager. Only an ordinary employee said a few words and sent me away.

This time, I deposited 4 million yuan in one go, and it's a one-year fixed deposit!
Impressed
Zhao Wenjun is not Fu Bi Yadi, but Fang Qingye.

I need to report this right away.

(End of this chapter)