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

Chapter 600 says Fang Xing is the head of the Eastern Gang, but I think he's the head of the Pudong Gang!

Fang Qingye knew that the other party wasn't close enough to her to risk violating relevant regulations by telling her some central bank secrets.

But in an instant, he understood.

The other party is simply using different occasions to send signals to the market and see the market reaction, including to bank executives like myself.

He immediately stated: "I fully support the actions of the central bank and the China Banking Regulatory Commission. Funds circulating aimlessly within financial institutions instead of entering the real economy is detrimental to the health of our country's economy. Jinghai Bank will strictly follow the spirit of the superior documents to rectify the situation and strive to serve the real economy!"

"Hehe, President Fang, you have a very high political stance. I won't bother you any longer. Goodbye!"

"Wait a minute, Director Luo, how's the approval process for Baopay's payment license going?" Fang Qingye asked hurriedly.

"The initial review has been passed. It was supposed to be discussed at a meeting soon, but we encountered a cash shortage and the leaders are all busy with this matter. It will be discussed at a meeting soon after this matter is resolved. You just need to wait a little longer."

shit
I'm having a bit of bad luck.

However, Fang Qingye didn't say much, so she simply thanked him.

At 2 p.m., Fang Qingye arrived at the office on time. According to his plan, the four bank presidents would first hold a small meeting to reach a consensus among the bank's leaders, and then a plenary meeting would be held by the branch presidents and department heads of each branch.

However, at 2 o'clock, Zhao Wenjun and Deng Rong both came to Fang Qingye's office, but they did not see Chen Danlu.

"Hu Lingling, call and ask where President Chen is now and how much longer it will take him to arrive?" Fang Qingye asked.

"Ok."

Hu Lingling immediately took out her phone and called Chen Danlu. After saying a few words, she said to Fang Qingye, "President Chen said that he encountered a car accident on the highway and was stuck in traffic for a while. He will probably arrive in another half hour."

"President Chen, why didn't you leave earlier and give yourself some time to prepare?" Zhao Wenjun muttered from the side.

Fang Qingye remained calm and did not express her opinion. Instead, she said to everyone, "Let's start the meeting. Chen Xing already knows the content of the meeting, so we won't wait for him."

The three sat on the sofa, and Hu Lingling took meeting notes.

"I originally informed everyone in advance that we were going to discuss the construction of the Jinghai Bank Building, but there is a more urgent matter that needs to be dealt with, so we will postpone the discussion on the building construction and focus on this matter."

Fang Qingye then recounted her experience regarding Han Yu's suicide at Changxin Bank, the cash crunch, the problems facing interbank business, and the thorough investigation into irregularities in interbank business.

"Let me hear what everyone's opinions are," Fang Qingye said finally.

“I completely agree with Fang Xing’s approach!” Zhao Wenjun was the first to express her opinion.

"Interbank business seems convenient, efficient, and can optimize the allocation of financial resources and enhance the profitability of financial institutions. However, it also carries enormous risks! For example, short-term lending is unsecured! In the event of a cash crunch or liquidity shortage, there is a risk of default!"

"Some people are engaging in so-called financial innovations, such as asset securitization and 'side agreements,' which carry extremely high risks. We must strictly stop such illegal operations!"

After listening to Zhao Wenjun's speech, Deng Hui frowned slightly.

Unlike Zhao Wenjun, Deng Hui was not resistant to business dealings with other companies.

She knew perfectly well that small banks like Jinghai Bank, due to their limited resources, primarily lend to small and medium-sized enterprises (SMEs). These enterprises have poor risk resistance, making it easy for loans to become non-performing or bad debts.

Engaging in interbank business, lending or depositing surplus funds with other financial institutions to earn higher interest income, is a good approach.

However, she was also somewhat worried about some of the practices of the Pudong branch; high profits came with high risks. But since Chen Danlu was in charge of the Pudong branch, and Chen was her equal as a vice president, she couldn't say much.

Now that she hears that Fang Qingye suddenly wants to tighten business operations with other companies and thoroughly investigate some illegal projects, she agrees.

"I also agree with President Fang's approach. However, I would like to say that tightening interbank business is only a temporary measure under the current special circumstances. In the future, interbank business should still be one of the businesses that Jinghai Bank vigorously develops, of course, it must comply with the relevant national regulations."

"Yes, this is just a temporary measure. In the future, we will steadily develop and expand, and even create, interbank business, under the premise of complying with relevant regulations, but that's a matter for later. Now we are studying and thoroughly investigating the violations in the current interbank business." Fang Qingye set the tone, then looked at Deng Hui: "President Deng, how about you take the lead in organizing and implementing this matter?" "Me?" Deng Hui was taken aback.

Logically speaking, the actual business operations of the personnel, finance, and administration department that I was in charge of were actually handled by Zhao Wenjun!

“Deng Xing, Zhao Xing has too much daily work to handle, so I’m afraid he won’t be able to manage it. Therefore, I’m handing this task over to you.”

Hearing Fang Qingye say this, Deng Hui nodded.

Zhao Wenjun, who was standing beside her, didn't say anything, but sighed inwardly.

Sigh. I originally wanted to take this opportunity to investigate thoroughly, find some problems, and deflate the arrogance of the Pudong gang!
I wonder if Deng Hui could even think of this?

If something goes wrong at the Pudong branch, Chen Dan won't be able to escape, which will also benefit you.

Thinking of this, Zhao Wenjun glanced at Deng Hui.

Deng Hui seemed oblivious to Zhao Wenjun's expression, as she was writing something in her notebook.

The next step is to check the specific operational details, establish an inspection team, and draw personnel from the credit department, audit department, and supervision department in addition to the interbank business department at headquarters, as well as the inspection time, etc.

An hour passed after the discussion was finished.

"Let's go to the big meeting," Fang Qingye said with a smile, glancing at his watch. "Those bank managers are probably already impatient."

The branch managers were indeed getting impatient and were whispering among themselves in the meeting room.

The meeting was supposed to start at 2:30, but it's already 3:00 and it still hasn't started. The bank leaders are still having a small meeting!

The general office didn't specify the content of the afternoon meeting in their phone call, and seeing the situation today, the branch managers all wondered if something serious had happened.

Some bank managers asked their colleagues at headquarters with whom they had good relationships, but they all said they didn't know.

"Zhang Xing, you're one of Fang Xing's trusted men. Do you know what the meeting was about today?" The speaker was Branch Manager Song of Changle Road Branch, asking Zhang Rong of Pingdong Branch.

Zhang Rong listened with some helplessness: "What do you mean by 'close associates'? I'm the same as you, I don't know what the meeting was about either. If we're talking about close associates, then it's President Chen."

Indeed, when Zhang Rong was promoted to the position of branch manager of Pingdong branch, he knew that he was benefiting from his past work with Fang Qingye at Dongfang Bank and their relatively good relationship.

However, after becoming the branch manager, Fang Qingye did not give him any special treatment. She treated him the same as other branch managers, and even had higher expectations of him.

In Fang Qingye's words, Pingdong District is the most economically developed district in Jinghai area, and your branch's various business indicators should also rank first!

Zhang Rong indeed showed the spirit of a workaholic, and at the end of the year, Pingdong Branch ranked first in most performance indicators.

Of course, all of this changed after the Pudong branch was established.

This frustrated Zhang Rong, which is why he said those words today.

Unexpectedly, this resonated with President Song: "Indeed, some say Fang Xing is the head of the Eastern Gang, but I think he's the head of the Pudong Gang!"

"Say less, the leaders are coming."

Footsteps sounded outside. The first to enter were the heads of various departments. These people never entered the meeting room until the very last minute, since they had their own offices to work in anyway.

The branch manager from headquarters came in later, and everyone suddenly realized that Chen, the branch manager of the Pudong branch, was not there.

(End of this chapter)