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

Chapter 543 Jinghai Bank Wins "Most Promising Bank Award"

Seeing Deng Hui come in, Fang Qingye invited her to sit down, and then she herself left the boss's chair and sat in the sofa area.

"Two things, let me discuss them with you first." Fang Qingye spoke to Deng Hui in a way that was not as straightforward as when she spoke to Zhao Wenjun.

"First thing, I just received a call from my second uncle, County Chief Fang. In the next couple of days, County Chief Wang will be going to Huijing to communicate with relevant department leaders about our bank's VAT declaration method. You should be prepared to go with him and cooperate with County Chief Wang's work."

Deng Hui was naturally aware that the county wanted to keep the local portion of the value-added tax in Nanxin, but...
"Fang Xing, County Magistrate Wang is going to Huijing, aren't you going to accompany him?" Deng Hui asked.

"You can go. Besides, you've been in charge of this matter all along, so you're more familiar with the business than I am," Fang Qingye said with a smile.

"OK then."

"Also, we'll be discussing the establishment of the Pudong branch at the meeting later. I've asked Zhao Xing to personally oversee the formation of a special team, and he's appointed Wei Hang from the Liulin branch as his deputy."

"President Wei? He's certainly hardworking, like an old ox, but I'm afraid it's not suitable for him to be the president of the Pudong branch in the future?" Deng Hui spoke quickly and bluntly.

"You also said that the Pudong branch is not just a branch, but will become the operation center of Jinghai Bank in Shanghai in the future, and to some extent, a second headquarters! Like Industrial Bank, I think Wei Hang is not capable or bold enough."

Fang Qingye laughed: "I never said that I would make Wei Hang the branch manager in the future."

"Then I have no objection. Let's start the meeting."

Meeting minutes were quickly drafted and then officially issued to all departments within the system, with personnel assigned to form a special task force.

Zhao Wenjun personally took charge of this matter and frequently traveled to Shanghai, so he naturally couldn't take care of his work at the bank. Fang Qingye had no choice but to return to her nine-to-five job.

It seems we need to promote another vice president.

However, after looking around, Fang Qingye still didn't think any of the leaders in the various departments and branches of the system were suitable.
Older employees are experienced, but lack pioneering spirit and can't keep up with the current situation. Middle-aged employees like Zhang Rong are full of energy and have the knowledge to keep up, but they lack experience and need to hone their skills for a few more years.

Those who are even younger, especially the college graduates recruited by the bank in the last two years, are even more inexperienced.
Why.
By the end of August, the weather was starting to cool down, at least it wasn't so hot in the mornings and evenings.

Thanks to the tireless efforts of county leaders, the provincial finance department, tax bureau and other departments finally agreed that Jinghai Bank headquarters should uniformly declare value-added tax to the local tax bureau.

As for the Pudong branch, which is currently under construction and has not yet officially opened, it is not included in this scope.

The preparatory work for the Pudong branch, which is under the leadership of Zhao Wenjun, is also in full swing. The application materials for its establishment have been submitted to the Shanghai Banking Regulatory Bureau, including the application, feasibility study report, annual reports of relevant shareholders or banks, and anti-money laundering regulations.

The branch location has been chosen; it will be located in an office building on Yinzhou Street in Lujiazui. The first floor will be the business hall, and the second floor will be the office space. Renovation has already begun.

According to the bank's meeting minutes, the goal is to officially open for business in early November. Most of the branch's staff and department heads will be recruited through open recruitment, requiring a bachelor's degree or above, a financial background, familiarity with banking business processes, good communication skills and teamwork spirit, and priority will be given to those with relevant work experience.

However, the positions of bank president and deputy president have remained vacant.

What exactly is President Fang up to?

Is it a public recruitment or a transfer from another department or branch?
Will Wei Hang be able to be promoted to the top position as scheduled?
The people below began to speculate.

Fang Qingye seemed unhurried. Apart from listening to Zhao Wenjun's work reports every now and then after she returned from Shanghai, she did not mention the formation of a leadership team.

Even though Zhao Wenjun wanted to ask several times, Fang Qingye changed the subject.

What exactly is Fang Qingye trying to do?
No one dared to ask.

This afternoon, Fang Qingye was listening to Deng Hui's work report, mainly about the loan situation in August. Since Zhao Wenjun was busy preparing for the Pudong branch, Deng Hui had temporarily taken over the credit work and had been working non-stop all day. "Last month, the various branches, including the business hall, issued a total of 10.2 billion yuan in loans, an increase of 8.5% compared to the previous month and an increase of 35.8% compared to the same period last year."

"By branch, Zhang Rong's Dongping branch saw the fastest growth; although it has only been established for a year, its loans this month totaled 0.87 billion yuan,"

"By industry, the fastest growing sector is real estate, especially personal housing loans, which totaled 2.1 million yuan, a 2.3-fold increase compared to last year. This is mainly attributed to the booming real estate market and residents' active purchasing behavior."

"2.1 million, which accounts for about 20% of the total loans, is a reasonable proportion and should not be higher," Fang Qingye said.

“Fang Xing, the national regulation stipulates that the maximum proportion of personal housing loans for small and medium-sized banks is 25%, which is still five percentage points short,” Deng Hui explained.

"We cannot reach the upper limit. Although personal housing loans seem to be high-quality loans now, we must be wary of the risks brought by falling house prices. It is advisable to keep the ratio at 20%."

“Okay, I’ll pass your feedback on to the branches.” Deng Hui immediately wrote it down in her notebook.

As the two were talking, someone suddenly knocked on the door. Hu Lingling quickly went to open it and saw Director Ma from the General Office standing outside, holding a letter in his hand, looking very happy.

"Director Ma, is there something you need?" Fang Qingye asked.

"I just received a letter from Yanjing inviting you to attend the '2013 China Small and Medium-Sized Banks Summit Forum'."

As Director Ma spoke, he handed the letter to Fang Qingye and added, "I have called the forum organizing committee to verify this, and it is indeed true. They warmly welcome President Fang to participate."

The "China Small and Medium-sized Banks Summit Forum" is hosted by Contemporary Financier magazine, a mainstream media outlet in the domestic financial field. This year marks its third edition since 2011.

Fang Qingye glanced at it and handed it to Deng Hui: "President Deng, you should attend. To be honest, I'm not interested in these forums."

Before Deng Hui could answer, Director Ma hurriedly said, "President Fang, you still have to go to receive your award."

"An award? What award?"

"Most Promising Bank Award!" Director Ma hurriedly said, "While holding the forum, we will also hold the second annual China's Best Small and Medium-sized Banks Selection and Award Ceremony. Our Jinghai Bank has won the Most Promising Small and Medium-sized Bank Award!"

Ah?
Most promising?
Could it be because of that approval document from the China Banking Regulatory Commission again?

Fang Qingye took the fax again and looked at it carefully. Sure enough, it said at the bottom:

The "Second Annual Selection of China's Best Small and Medium-Sized Banks" aims to enhance the brand image of domestic small and medium-sized banks and strive to guide them to become a leading force in the transformation and development of the banking industry.

"The event invited top experts and scholars in the domestic financial industry to serve as judges, including experts and scholars from financial institutions such as the Institute of Finance of the National Development Research Center and the Institute of Finance of the Chinese Academy of Social Sciences. The selection results were obtained through research and multiple screenings of various data, comprehensive competitiveness and social influence of small and medium-sized banks across the country. It is a relatively authoritative selection event for small and medium-sized banks in China."
It seems to be quite authoritative.

But when Fang Qingye saw the list of winners, she was stunned.

The most valuable small and medium-sized banks of the year: Jiangsu Provincial Bank and Hangzhou Bank.

Most Innovative Small and Medium-Sized Banks of the Year: Qingdao Bank, Jincheng Bank

Best Small and Medium-Sized Banks of the Year: Huijing Bank, Baoshang Bank

Baoshang Bank is actually the best bank of the year?
What the hell!

This is a completely unofficial ranking list!

(End of this chapter)