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

Chapter 540 CBRC Document: "Notice on Expanding the Business Geographic Scope of Jinghai Bank of Jiangsu Province"

The next day at noon, Fang Qingye called Zhang Bin to say that the Bitcoin had been sold at that day's price.

"Today, Bitcoin is trading at $698 per coin. You can check it online. I sold it to you in US dollars, but to deposit it into your private account in China, it must be converted into RMB. Today, the official exchange rate is 6.124 RMB to one US dollar. Your 1121 Bitcoins would be worth 4791772.79 RMB. Do you think your calculations are correct?"

“That’s right.” While Zhang Bin was on the phone with Fang Qingye, Liu Xue was already calculating with a calculator. When she heard Fang Qingye ask a question on the phone, she immediately whispered to her husband.

"No need to calculate, I believe you, Qingye," Zhang Bin immediately said, feigning generosity.

"Okay, I'll transfer it to your account right away."

Two minutes later, Zhang Bin's phone beeped with a text message notification. He saw that a sum of money had been transferred into his account: 4791772.79 yuan, not a penny less!

That's almost 480 million yuan.
The couple were thrilled when they saw the number.

Over the past few years, the couple worked hard from dawn till dusk and bought a car and a house, but they didn't save much money because of the mortgage and car loan payments. With this 480 million yuan, they can be considered small millionaires in Nanxin.

"Honey, what do you think we should do with this 480 million? Expand the company? Or should we just lend it out at high interest rates?" Zhang Bin asked.

Liu Xue rolled her eyes at him:
"Our Feixiang Computer Company is actually just a computer assembly and sales company. The market in Nanxin is only so big. Nowadays, people prefer to use smartphones to access the Internet, so the home computer market is starting to shrink. Being large is not very useful."

"As for lending money? Usury is fine, but what if you can't get it back? Do you know anyone in the law enforcement, or those gangsters?!"

"Didn't you hear about that small supermarket next door? The man took out money to lend out, but he didn't even get the interest and couldn't even get back the principal. As a result, the supermarket had to go out of business. Let's be honest and not make things worse."

"Then what should we do? Put it in the bank and earn interest. Interest rates are too low right now," Zhang Bin said.

Liu Xue pondered for a moment and suddenly said, "Buy a house! All the rich people are buying houses now!"

"Where should I buy it? In Nanxin County? Or in Jinghai City?" Zhang Bin asked.

Liu Xue shook her head: "Let's go to Huijing! The bigger the city, the higher the housing prices rise. Shanghai's purchase restrictions are too strict for us. But Huijing is an option. Let's go to Huijing and buy two houses!"

"Alright, let's go tomorrow! This time I'm not going to have to put up with the bank's attitude anymore, I'm paying in full!" Zhang Bin said with great arrogance.

The next morning, after giving instructions to the shop assistant, Zhang Bin and his wife drove straight to Huijing, embarking once again on the road to accumulating wealth.

Fang Qingye also went to work because she had finished her public holiday.

Although as a bank manager, he could find reasons to extend his leave without anyone daring to criticize him, it's not good to not go to work at the bank for an extended period of time.

So this morning, he dressed in a suit and tie, and had Yue Kai drive him to the bank building.

Unexpectedly, just as he sat down in his office and took a sip of tea, two vice presidents knocked on the door and entered, both with delighted expressions.

"What? You haven't been to work for over a week. What good news is there? Is it because the bank's semi-annual report came out and all the indicators are good?" Fang Qingye asked with a smile.

“Even better than this! Fang Xing, take a look at this document.” Zhao Wenjun said, handing Fang Qingye a red-headed document.

Document from the China Banking Regulatory Commission: "Notice on Expanding the Business Geographic Scope of Jinghai Bank in Jiangsu Province"

The document explicitly stipulates that Jinghai Bank's business area covers 31 provinces, autonomous regions, and municipalities directly under the central government (excluding Hong Kong, Macao, and Taiwan). For newly opened branches of Jinghai Bank, the banking regulatory departments of each province are required to conduct approval in accordance with relevant regulations.

Moreover, it was issued to the China Banking Regulatory Commission in all provinces, autonomous regions, and municipalities directly under the central government!

Oops
The bank manager kept his word and acted quickly this week, so it seems my donation of 46 Bitcoins did have a good effect.
"Okay, I understand. Let's have a meeting to discuss the contents of this document sometime." Fang Qingye's expression was calm. He picked up a pen, wrote "read" on the document, and signed his name.

Why isn't he excited at all?
Seeing Fang Qingye's calm demeanor, Deng Hui couldn't help but want to ask a few more questions. Just then, Fang Qingye's phone rang.

Fang Qingye picked up the phone and saw that it was a call from Zhong Hui of the Provincial Banking Regulatory Bureau. She then gestured for the two of them to leave first, saying they could talk later. Although Deng Hui was full of questions, she had no choice but to leave the office.

Only then did Fang Qingye press the confirm button, and greeted him with a smile: "Brother Zhong, hello."

"Qingye, tell me, do you know our Chairman Shang?" Zhong Hui asked bluntly on the other end of the phone.

Fang Qingye naturally knew he was referring to the head of the China Banking Regulatory Commission, so he smiled and replied, "Brother Zhong, I do know him, but he doesn't know me because I've only seen him on TV."

"Have you received the document from Jinghai Bank regarding the expansion of its business area?"

"Just received it."

"Then let me ask you, why is the China Banking Regulatory Commission giving your Jinghai Bank special treatment? You don't know that after our Director Liu received this document, he was somewhat skeptical and afraid that there might be a mistake, so he specifically called Chairman Shang to confirm that it was real!"

“Brother, tell me the truth, do you have connections at the China Banking Regulatory Commission?” Zhong He asked finally.

"I don't know anyone here. Some time ago, I went to Beijing to handle some matters for the central bank. At the same time, I made a small request: I hoped to expand the scale of Jinghai Bank. Governor Zhou agreed to coordinate with your Chairman Shang, and unexpectedly, the matter was settled."

"What? It's that simple? You have no idea how many local banks try every possible way to expand their business area, but they can't even do it outside their own province. And you, on the other hand, can do it nationwide!"

"That just shows that your Chairman Shang is reasonable," Fang Qingye said with a laugh.

"Alright, alright, what a joke! Which leader at that level is easy to talk to? Qingye, you must have done something big for the central bank! Otherwise, why would Governor Zhou help you with this?! Don't worry, I won't pry, and I won't tell anyone else."

"That's good."

"However, Aoba, although the CBRC has given you the green light, you should still be careful. As your friend, I also have a supervisory responsibility in this position, and I'm reminding you not to expand too much," Zhong He advised on the other end of the phone.

"Don't worry about that. I only want to set up a branch in Shanghai. I haven't considered other places for the time being."

"That's good. I'll come visit Huijing when I have time."

"Alright, let's call Glory over and have some drinks... no, some tea!"

I had just hung up the phone after chatting with Zhong He for a while when my phone rang again. This time it was Liu Shuai calling.

As soon as the call connected, Liu Shuai exclaimed, "Holy crap! Qingye, you're amazing! Jinghai Bank actually managed to open branches all over the country! Hey, which leader at the China Banking Regulatory Commission is your relative?!"

"Nonsense!" Fang Qingye laughed and cursed, "If that's really the case, I'll immediately have him transfer you to Yanjing and give you a section chief position!"

"I'll give you the position of section chief, but don't transfer me to Yanjing. You're making my husband and I live apart."

After exchanging a few jokes, Fang Qingye mentioned that he had done something for the central bank and they had helped him out.

Liu Shuai had been in the workplace for several years and was no longer the naive newcomer he once was. He liked to get to the bottom of things, and when he heard Fang Qingye speak vaguely, he immediately realized that it must be something important and confidential.

"Okay, I won't ask anymore. Qingye, you have to treat us to something." Liu Shuai joked again.

"Don't worry, I'll definitely ask you!" Fang Qingye replied, then added, "I'm planning to set up a branch in Shanghai, and I need approval from your Shanghai Banking Regulatory Bureau. Please help me out."

"You don't need to tell me that, I will do my best."

After receiving Liu Shuai's call, Tang Qing from the Inner Mongolia Banking Regulatory Bureau also called to congratulate him. However, perhaps because they were not close enough, he did not ask why.

While Fang Qingye was on the phone non-stop, her subordinates in the bank building were also quietly discussing the matter.

(End of this chapter)