coobybook Chapter 362 A Group of Wood
Chapter 362 A Group of Wood
Ding Ruchang and Tang Tingshu were in charge of the affairs of the port, while Feng Guifen was in charge of the affairs of the university. Liu Ye gradually felt relieved. It was impossible for him to handle all the affairs by himself. Otherwise, even if he was an iron man, he would be exhausted. The only way was to find the right people. Only with the right people could he take over and leave the operation to them. He would only intervene when they could not solve the problem. There was no need to care about every detail on weekdays. He had to believe in the strength of these people, especially since the three of them were the best talents of this era and there would be no problems.
Liu Ye dealt with the affairs of Dengzhou Prefecture and rushed to Jinan Prefecture with Yung Wing. The current task was to send a shopkeeper to Qilu Bank, who was the general manager of each shopkeeper.
Liu Ye brought them to Jinan and directly to the headquarters of Qilu Bank. Qilu Bank currently has no candidate for general manager and all the decisions are made jointly by several shopkeepers. Although Liu Ye gave them many constructive suggestions, he could not always focus on the development of Qilu Bank. These people were good at running money houses, but they were far from being able to actually run a bank. They did not understand what finance was, let alone investment. They only knew how to collect people's money and then use it to earn interest, or at most do some silk and tea business, which was really a waste of resources.
Although Yung Wing did not have a bachelor's degree in Western literature, he had taken economics courses at Yale College. He had spent years in the United States and had dealt with various economic elites. He was very familiar with the operations and management of large banks such as Morgan Bank. It was not a problem for him to be in charge of Qilu Bank, and he was much better than these local bosses.
"Everyone, why are you so idle today?"
Liu Ye stepped into the large office of Qilu Bank. Today, four of the owners of the eight major money houses were on duty here, looking after the business. When they saw Liu Ye coming in, they stood up quickly.
"Your Excellency, when did you return to Jinan without informing me in advance? I was waiting to greet you."
Li Jixian bowed to Liu Ye.
Liu Ye waved his hand and replied, "Okay, Mr. Li, you're welcome. I came to Jinan today without telling anyone, just for one thing: to send someone to you!"
Send someone?
Several people were stunned when they heard this.
Liu Ye smiled and said, "Isn't that right? The position of general manager of our Qilu Bank has been vacant for a long time. Today, I have sent you a general manager. This is Mr. Rong Hong, Rong Chunfu. He is an overseas student who returned from the United States. He has a lot of Western knowledge and is an elite figure in the West. If our Qilu Bank wants to grow and develop, it can't do without such a standard-bearer!"
Wang Youshun, standing aside, said with a smile, "Your Excellency, whatever you say is fine. We are completely in awe of you. This money is so easy to make, and we are truly prosperous. In just such a short period of time, our Qilu Bank has over 12 million taels of silver on its books, not to mention the millions of taels of silver loaned out. Such a huge scale is only possible under your leadership..."
Liu Ye frowned and replied, "Manager Wang, we can't be greedy and only take in money without spending it. That way, we will lose a lot of money. You have to understand that we have to pay interest to others. If we don't make these deposits earn money as soon as possible, then we will be doomed..."
amount……
Several people were stunned. They had been so busy having fun these days that they had forgotten the most important business of the bank, which was lending. They had to lend on a large scale to get the money flowing!
Li Jixian said with shame: "Thank you for reminding me, Your Excellency. We really didn't pay much attention to this matter. I am really ashamed..."
Liu Ye smiled and replied, "That's why I invited Mr. Rong to come to you as soon as possible. His talent far surpasses mine. Under his leadership, Qilu Bank will definitely prosper!"
Yung Wing quickly said, "Your Excellency, you are too polite. I am no match for you..."
Liu Ye didn't answer, and said, "Mr. Li, go and inform the other shopkeepers and ask them to come to the main office for a meeting. I want to announce that Mr. Yung Wing has taken over the position!"
It didn't take long before all eight shopkeepers arrived. In addition to the eight shopkeepers, there was also a shopkeeper sent by Qiao Zhiyong.
Liu Ye looked at the nine people and said in a deep voice, "Everyone, you have worked hard during my absence, but you are just working hard. Your performance is indeed very average. I want you to collect a large amount of money so that more merchants can have money to use when starting a business. It is so that we can use the interest rate spread of loans to help the bank grow rapidly. You are good, you have collected a lot of money, but you don’t lend it out. Are you waiting for them to give birth? The interest on nearly ten million taels of silver will be hundreds of thousands of taels, or even millions of taels in a year. Are you going to use your own money to pay for it?"
The faces of several shopkeepers turned red. They had been doing business for a lifetime, but in the end they were taught a lesson by the governor. It was really embarrassing.
Wang Youshun, standing by, whispered, "Sir, this loan is really hard to get. People's livelihood is in decline right now, where would so many people find loans?"
Liu Ye sneered, "No, you big bosses are all sitting at home waiting for money to come to you. How can that be possible? Take the initiative, you have to take the initiative, understand? Find out which business is facing difficulties and contact them proactively. That's the only way to promote business. If you still sit and wait for those desperate people to come to you for loans like before, how can you do business well?"
The shopkeepers fell silent. Liu Ye continued, "Well, today, I'm bringing you the general manager, the head shopkeeper! This is Mr. Yung Wing, a genius who returned from America. From now on, the affairs of Qilu Bank will be handed over to him. He will have the final say on all day-to-day operations. Only when we encounter major problems will they be brought to our shareholders' meeting for discussion."
Li Jixian chuckled and said, "Sir, please tell us in detail how we should develop this loan business. Although we have been running a money shop for a lifetime, we have mostly survived by taking interest from depositors. Now we suddenly have to survive by taking interest from borrowers. I don't know how to run it anymore..."
Liu Ye felt helpless. It was so difficult to find a real talent these days!