Chapter 554 Loan and Relief

"Even with such caution, the Loan Department of Huangsong Bank still has non-performing loans. Each non-performing loan will eat up a loan provision of the bank."

"Because it is necessary to ensure the bank's viability, for every loan issued, the bank will allocate a corresponding amount of money from its profits as a risk protection if the loan cannot be recovered. Once the loan fails, this money will be lost.

For the purpose of writing off losses.”

"Survival and safety are the bank's first priority, and profits will come after that!"

Lu Huiqing and Zhang Dun were filled with hatred. They were so cautious in lending money and their methods were so thorough. It was a damn thing that Huangsong Bank didn't make any money!

Su You seemed to understand when he saw a few people: "Now that we've finished talking about the loan, let's talk about the relief."

"Relief is a government action that supports the disadvantaged, stabilizes the country, and helps unfortunate individuals and needy groups through measures such as providing care for the elderly, supporting young children, assisting students, and providing relief to those in need."

"It is not only to provide support for widowers and widowers, but more importantly, to correct social trends, promote moral standards, and make benevolence and selflessness, pity for the poor and weak, become virtues praised by people."

"The relief targets are those who have lost or are about to lose their ability to live. If they don't have the ability to live, then there is no production."

"Therefore, relief and loan are a natural contradiction, and the objects of the two cannot be paralleled."

"To resolve this contradiction, we must first provide relief to those groups to regain their ability to live, then support them until they have production capabilities, and then provide loans to lift them out of poverty."

"The government's responsibility is to try its best to reduce this part of the population that needs relief, so that they can return to productive activities, transform them from a burden on the country into a basic force for national construction, and then increase the taxes generated by them.

The state needs it, this is the true meaning of 'the people don't add taxes but the state uses it enough'!"

Wang Anshi was very shocked: "This theory of mine is often criticized as a fallacy. You actually think it is a clever way of talking and competing with the people, but it can be interpreted in this way."

Su You didn't care about this old man stealing his own concept. As long as he wouldn't be arrested and sent to the far north to hold sheep for the winter when he got old, it would be a win for him.

Lu Huiqing was unwilling to end the discussion: "In Mingrun's opinion, how can this Qingmiao method be improved?"

Su You said: "Now that the differences between loans are clear, the method is very simple. As long as it is a loan, you must follow the principles of lending to segment the population and then lend to high-quality users!"

Zhang Dun understood: "Among the five classes of households in the Song Dynasty, the first class did not need to borrow loans, while the second and third classes needed loans to survive, and had assets, the ability to repay debts, and production capacity. The fourth and fifth classes did not have the ability to expand production.

, it is difficult to protect oneself and should not be listed as a loan target.”

I rely on Su Mingrun to quickly stop him from continuing. Zhang Zihou is really hard-hearted. He deserves to be a man who dares to ride a horse to chase a tiger: "No, no, the fourth and fifth people of the Song Dynasty are different from the relief objects. They

It has the ability to produce itself, but all it lacks are soil, cattle, farm tools, seeds and other production materials."

Wang Anshi smiled bitterly: "This old man can't change it. The seeds are easy to handle, and the farm tools can also be adjusted. The cattle herding department can get some, but I'm afraid it's just a drop in the bucket... This farmland... there is really nothing we can do."

Su You said: "Actually, there is still a way, but it is beyond the scope of the Qingmiao method. Meishan had it at least ten years ago."

"As far as the young crops method is concerned, the interest rate can be set in different levels. The fourth and fifth levels of households have less loan money and food, so the interest rate can be set very low. Then as the level and amount of the loan increases, the interest rate also increases step by step.

"

"For the extremely poor households, we cannot ask the upper-class households to co-insurance with them, nor can we get loans. They should be included in the relief category."

Wang Anshi immediately thought of a question: "In this case, will the wealthy households in the countryside gather with the lower-class households and borrow money in their names, hoping to get lower interest rates?"

Su You clasped his hands together: "This is what they want! If they really do this, the result will still be the joint guarantee of the households who want to participate in politics, but the host-guest relationship will be reversed, and it will become the upper-class households asking for the lower-class households.

, and if there is a dispute, there will be an additional official office when it comes to ruling."

"Similarly, the law can also stipulate that if the upper-class households want to use the quota of lower-class households to use low-interest loans, then they will have corresponding responsibilities to the lower-class households. From a legal perspective, it is sufficient

Reasons are no longer a hard requirement."

"If they want to enjoy low interest rates, they must share risks. If they don't want to take risks for lower-class households, then they will have to bear high interest rates."

"With the concept of financial risk, corresponding to the Qingmiao Law, risk provisions must also be made. In addition to each Qingmiao loan must have corresponding risk provisions, Changping and Guanghui warehouses must also have provisions for disaster years.

, to prevent the impact of insufficient inventory in national grain depots in disaster years."

"In terms of Huang Song Bank's rules, all the funds it absorbs cannot be used for lending. For example, national holidays, wars, natural disasters, and rumors and runs like the ones encountered when the bank was first established will all cause peak borrowing times.

, banks must also have considerable reserves to meet these needs, this is a stable operating model."

"In fact, for Changping Guanghui Ercang, part of the savings is used for Qingmiao Loan to collect the highest return; part of the savings is placed in Huangsong Bank to collect healthy interest; the remaining part is untouchable to ensure the bottom line of the national grain depot for daily stability.

Only when the grain price makes up for the lack of collection and adjustment by the transshipment department can a stable business model be achieved."

"The Green Crops Law should be piloted first. The pilot results are good, and then the scope can be expanded. Also, the results of the implementation of the Green Crops Law and the amount of loans cannot be used to evaluate the performance of officials. Local political performance also depends on whether officials can bring prosperity to the local area.

"

"The implementation of the new law must first be carried out steadily and win support from all parties, and secondly, the speed must be determined."

Lu Huiqing's eyes flickered. He also had a vague idea of ​​the financial crisis when the bank was first established. Now it seems that Su You was absolutely well prepared and had a solid backstop at that time. He did not push the opponent into the abyss and was actually merciful.

Lu Huiqing is not afraid of enemies like Su Shi and Sima Guang, but a gentleman can bully them.

But when you meet a gentleman like Su You, his method is a hundred times more powerful than yours. When the time comes, if you dare to do the first grade of junior high school, he will dare to do the fifteenth grade. How can you bully me?

This kind of person can only cooperate.

Then he secretly looked at Wang Anshi and saw that Wang Anshi had already made a move. He immediately retreated and said, "Su Mingrun has great wisdom and plans to participate in politics. How about asking him to preside over the Ordinance Department? I would rather be his deputy."

Su You quickly waved his hand: "Zhongyun can't help it. How can the planning and years of hard work be taken away just because of my little suggestions?"

After saying that, he handed over to Wang Anshi: "When you participate in politics, Su Youyou can stay on the outside, and you can stay awake and see the pros and cons clearly; if you are caught in the situation, you may immediately become the target of public criticism. Moreover, the affairs of the Ordnance Supervision are also complicated, which is really boring.

Don’t open your body.”

Wang Anshi thought for a while: "Mingrun, there will be many measures taken by the Ordinance Department in the future. I hope Mingrun can speak freely like he is today. The last time the "All Loss Law" was revised, it was originally revised, but because... you know,

So the launch was a bit hasty.”

Su You nodded: "Then we might as well try it out for a period of time. If there are many signs, Zhongshu will issue supplementary provisions. Now that the law has been promulgated, it is most taboo to change it overnight, leaving it to the future."

After saying that, he added: "I'm just worried. It would be best if it doesn't happen. If it happens, there will be countermeasures already in place, and that's enough."

Wang Anshi breathed a sigh of relief: "That's it. I'll go back and try to adjust it and see what the public opinion is."

Su You stood up and said: "Please also ask Shenzheng to take a look at the recent results of the Ordnance Supervision. After reading it, Shen You will know that Su You is really not trying to shirk. In fact, the matter is very important, and Su You dare not neglect it."
Chapter completed!