The turmoil in the bank had a great impact on the capital. [.\nCOM Situ’s updated chapters are the most complete and comprehensive, and the error-free content is repaired in the most timely manner. Due to caching reasons, browser access is recommended.\nCOM official website]

Zhu Ying and Zhu Yuanzhang are also very concerned about this news.

There is no such thing as online observation these days. If you want to keep track of the latest developments, you naturally have to ask people to inquire.

As Zhu Yuanzhang's eyes and ears, Jin Yiwei naturally did this job.

In the morning alone, Jiang Yu had already run back and forth more than ten times.

Naturally, he does not need to leave the palace, but he still has to go outside Qianqing Palace to receive the information from his subordinates, and then summarize it and tell it to His Majesty and Grandson.

After listening to Jiang Wei's latest report, Zhu Yuanzhang smiled and said to Zhu Ying: "It seems that it is right not to decide directly. Looking at this situation, at least many people have already withdrawn their money from other banks."

"This is a good thing. We don't want the people to suffer too much."

"I estimate that in the morning tomorrow, many ministers will not be able to help but stand up and talk about this matter."

This small disturbance was very turbulent for the people, but in Zhu Yuanzhang's eyes, it was nothing.

However, judging from the current situation, if it is decided directly, a big accident will inevitably happen, so it is good to give some information first.

Zhu Ying also laughed and said: "It is estimated that many people will request that such rumors be curbed, and even clarify them in the Dibao."

Zhu Yuanzhang raised his eyebrows and said: "These drunkards still want to get involved in our newspaper. Do they really think that we are too old to carry a knife?"

"We have already asked you to inquire about it. Officials' salaries are all paid out by our Royal Bank. Every time these bad officials receive their salaries, they take out the money from the Royal Bank and deposit it to other banks. ."

"Damn it, I keep talking about serving the country and the people all day long, but now for the sake of the extra cent of interest, I won't talk about it anymore. I really think we don't know anything."

"Although we can't ban private banks immediately, we think we can issue an edict first, telling officials all over the world that all money must be deposited in our royal bank. Grandson, what do you think?"

Zhu Ying thought for a while, shook his head and said: "This is a bit of a warning, but it actually doesn't make much sense. Even if they don't withdraw money from the bank here in the capital, they can withdraw it from other places."

Zhu Yuanzhang also knew this situation.

In the face of interests, these idiot officials are very clever, and they are much better than doing their own jobs.

Isn't it better to focus on serving the country and the people, and stare at the small profits in front of you every day?

But having said that, Zhu Yuanzhang didn't have much feeling for banks before.

Since the Royal Bank was established, I haven't been too concerned about it.

In his mind, a bank is just a place to save money, making it more convenient for people or businessmen to buy and sell without having to carry a wad of money everywhere, which is not safe.

However, in the past few days, because the eldest grandson proposed to ban private banks, Zhu Yuanzhang thought a little more and asked Jiang Wei to summon a shopkeeper from the royal bank in the capital to the palace to inquire about the bank's management. Condition.

After listening, Zhu Yuanzhang's eyes almost glowed green.

His grandma's, is this how the bank originally made money?

For fixed deposits, the bank will give you interest. Of course, it won’t be a lot, but money also makes money.

Generally speaking, fixed deposits start in three years. For example, if you have 10,000 Baobao notes, you can get an additional 900 Baobao notes after three years.

This is equivalent to an annual interest rate of three cents.

The interest rate is actually very low. For example, private banks offer four-cent, five-cent, or even eight-nine-cent interest rates. Generally, they are higher than those of royal banks.

When he heard this, Zhu Yuanzhang was still a little worried.

If everyone else saves a fixed amount of money in a bank, wouldn't it mean that they have to give out a lot of interest every year?

Not to mention other places, the bank in charge of the shopkeeper who was summoned to the palace alone has tens of millions in fixed deposits. Doesn't that mean that the bank pays hundreds of thousands in interest every year?

There are probably hundreds of Royal Banks. Even if you don’t ask about them specifically, you still have a general understanding of them.

Even if other banks don't have as many certificates of deposit as Jingshi, when added up, it's definitely not a small amount. Millions of dollars in interest a year must be paid out.

Zhu Yuanzhang felt that people were not well.

If Da Sun does this, the bank will lose money.

The shopkeeper is also smart and observant.

When it comes to making money, I clearly feel that His Majesty's pressure seems to be a lot greater.

So he quickly explained the bank's profit projects.

The first is the handling fee.

There is no handling fee for depositing money, but there is a handling fee for withdrawing money.

However, if deposits and withdrawals are made at the same bank, the handling fee can be waived.

Conventionally, when withdrawing money from different banks within the same city, it is based on Qian Guan Yi note.

If it is across the city, within the same city, it is Qian Guan Liang Chao.

If you want to withdraw money from different provinces, you will need a hundred notes.

It is not convenient to withdraw money across provinces now. If a businessman wants to withdraw money across provinces, he must first go to the bank where he deposits money to open a voucher.

There are two types of voucher slips.

One is a fixed amount.

In other words, this note represents how much treasure money can be taken out at the designated bank.

Another option is the total amount of money saved.

With this slip, you can go to the designated bank to withdraw all deposits.

It sounds like a bit of trouble, but the advantage is that the voucher is more secure and can be replaced even if it is lost.

If you encounter any robbery or the like on the road, just tear off the voucher slip.

Currently, vouchers only support fixed-point transfer.

For example, a businessman in a certain royal bank in the capital wants to transfer money to Guangdong Prefecture.

Then on the voucher issued, it will be clearly stated in advance that the withdrawal will be made to a certain prefecture, a certain bank, or which bank.

If you lose your voucher, you can take your household registration information to the bank over there to get a replacement.

However, this requires paying a fee, issuing a document explaining the situation here, and then going to the bank where the money was previously deposited to send a voucher.

Although you need to wait a few days, the money will not be lost and it is safer.

This is also where banks make money.

The second is the lending rate.

The fixed deposit is three cents per year, while the loan is two cents per month.

If there is a high-quality guaranteed mortgage, Royal Bank's loan can even be as little as one cent per month.

This situation is a huge blow to those gang members who engage in high-profit activities.

Because in the absence of mandatory legal provisions, borrowing can basically be done as high as you want.

It is almost a normal phenomenon to make money like this.

From a side perspective, it can be regarded as rectifying the environment of Ming Dynasty.

Especially private businessmen who are now opening factories, with policy support, it is easier to borrow low-interest banknotes.

This allowed Ming Dynasty to develop extremely rapidly in terms of industrial development.

"In other words, our bank has actually been making money and not losing money?" After Zhu Yuanzhang heard this, he asked the bank manager.

The shopkeeper of the bank immediately replied: "This is natural. Of course the bank cannot lose money, especially after His Highness the Grand Sun proposed a mortgage, the Royal Bank will make even more money."

Zhu Yuanzhang obviously didn't know some of the specific operations here, so he asked: "Mortgage? What is that?"

The shopkeeper had no choice but to explain in detail.

Whether in the capital or other cities, houses are a major topic.

With the economic development of the Ming Dynasty, led by the capital, the population of capital cities in various provinces was also rising rapidly.

And buying a house is obviously a lot of pressure no matter what era you are in.

So now I have a mortgage.

You only need to pay 30% of the house first, and then mortgage the property deed to Royal Bank. The remaining money can be paid to the bank in installments over several years or even ten years.

Naturally there will be some handling fees included here.

In fact, other banks have similar projects for house deed and land mortgage loans.

The difference is that people need to buy the house first and obtain the title deed before they can proceed with the mortgage.

At Royal Bank, you get a direct mortgage when you buy a house.

Furthermore, such a time span of several years to ten years is something that other banks would not dare to do, and even if the interest rate is not guaranteed, it is still very high. How can there be such a conscience of the Royal Bank?

It can be said that this mortgage business is all handled by Royal Bank, and it is also the main business of Royal Bank.

Understanding the specific situation of banks, Zhu Yuanzhang became more aware of the impact of banning private operations.

A bank involves too many people.

If only a few or a dozen companies had problems, it would certainly be nothing to the overall economy of Ming Dynasty.
To be continued...