Your majesty is awesome

Chapter 728 Whether you have a loan or a deposit, Kaifeng Bank is here to serve you enthusiastically...

Now, Zheng Juzhong, deputy envoy Gao Zhang and others who were responsible for the pacification of Shaanxi Road in the Great Song Dynasty submitted their names to the emperor.

It is said that the land granting system for military merit in the Song Dynasty can attract a large number of people to migrate to Pingxia Road to live for a long time.

However, there will still be a large number of fields that are uncultivated. For this reason, it is hoped that the officials can grant permission to the meritorious officials of the Song Dynasty, and the relatives of the emperor will set an example for the country.

Purchase land from Pingxia Road, and the land resources obtained can be used to manage Pingxia Road, rebuild the villages and towns on Pingxia Road, and build water conservancy roads.

Let Pingxia Road stay in the territory of the Song Dynasty forever and never be separated again.

Selling land, if it were in the past, Xixia was far away and poor, so what was the point of buying land there?
The people of the Song Dynasty, the officials of the Song Dynasty, and the rich, princes and nobles never thought that there was anything good about that shabby place in Xixia.

Apart from the military purpose of bringing a large number of war horses to the Song Dynasty and defending the Central Plains, it seemed to have no great benefit in terms of people's livelihood.

However, Zheng's move before everyone else, coupled with the news leaked in the "Tokyo Business News", has already caused countless dignitaries in Bianliang, Tokyo to suffer from pink eye.

Cotton is a plant and an economic crop. It was only cultivated in the south during the Song Dynasty and never in the north.The cloth made of cotton is more expensive than silk.

A few years ago, cotton began to be grown in Xixia, which had been at war with the Song Dynasty for many years.

Very few people know. After all, Xixia was hostile to the Song Dynasty. The focus was on the production and sale of cotton fabrics, which was completely monopolized by the Duan Trading Company under the Kaifeng Metal Workshop.

There are many dry lands and saline-alkali lands in Xixia, although growing food in these two fields is half the effort.

But it is the best field for growing cotton crops. This is why Xixia risked his life to plant more than one million acres of cotton in exchange for things for people's livelihood.

Therefore, after hearing that the official family had approved the joint memorial presented by Zheng and Gao.

The whole court was filled with the sound of praising the saint, countless dignitaries and dignitaries celebrated each other, and countless wealthy businessmen rushed to tell each other.

Many shops are selling various products at discounts. Why? Is it just to quickly change them into cash and then rush to the land of Xixia to buy something?

Looking at Empress Zheng's biological father, he already wants to sell his ancestral home. How can our generation be so far behind?

#####
At this time, many people received invitations from Kaifeng Bank, a subsidiary of Kaifeng Metal Workshop.

Especially those high-ranking officials and wealthy businessmen who are short of money at the moment.

They all received invitations and a business briefing about Kaifeng Bank.

Kaifeng Bank only issues loans to large households, and the loan requires a pledge. For example, if your house is worth 70.00 guan in Tokyo, you can use it for a loan, but you can only lend [-]%.

The annual interest rate is 20.00%, and there are only three loan terms, one year, three years and five years.

For one-year terms, the annualized interest rate will increase to 20.00%. For five-year terms, the annualized interest rate will drop to 15.00%.

In addition, what Kaifeng Bank lent was not copper coins, but banknotes, also known as banknotes.

There are three types of tickets in total: one ticket, ten tickets and one hundred tickets.

Each one is printed on a special kind of paper and has a special embossed layout, and the colors on it are very rare.

These banknotes can only be used at a few branches of Kaifeng Bank in Bianliang, Tokyo, and on Jiutu Pingxia Road where the Song Dynasty was restored.

And you can directly exchange this ticket for an equal number of copper coins of face value.

However, a banknote exchange fee needs to be charged. Depending on the face value, the banknote exchange fee ranges from ten yuan to one yuan.On the first day, the Kaifeng Metal Workshop took a lot of copper coins to the Kaifeng Bank and exchanged twenty hundred-guan notes.

Fan Lou, Duan's Trading Company, and Suzhou Trading Company all deposited their money in banks and exchanged large amounts of banknotes.

And many trading companies and workshops that had a lot of business dealings with these industries couldn't help but exchange some.

Soon, within a few days, the total value of copper coins, silver, and gold deposited in Kaifeng Bank reached a huge 250 million yuan.

At the same time, external loans have almost reached 200 million yuan.

Empress Zheng's biological father, Zheng Shen, directly loaned a huge sum of 20 yuan from Kaifeng Bank with a smile.

For a while, it caused a sensation in Bianliang, Tokyo.

#####
200 million guan, calculated based on the average annual interest rate of 20.00%, in one year, you can get 40 guan at this loan interest rate alone.

But this is far inferior to the money-making methods of those wealthy merchants in the Song Dynasty who issued usurious loans.

But what's the point? No matter how high your interest rate is, if no one borrows it, you'll just be calculating the interest once a day.

Kaifeng Bank's behavior of disrupting the Song Dynasty's personal credit market has made countless people red-eyed, but apart from gnashing their teeth and jumping up and down, they cursed.

But they didn't dare to use those clandestine methods to deal with Kaifeng Bank.

Because, behind Kaifeng Bank is Kaifeng Metal Workshop, and the big guys squatting behind Kaifeng Metal Workshop.

The common people and ministers in Bianliang, Tokyo, know very well that Gao Zhang, the child prodigy who is now unparalleled in the limelight and famous all over the world, is the champion.

As well as the sixth son of the treacherous prime minister Cai Jing's family, and Tong Zhisheng, the beloved son of the eunuch Tong Guan.And the largest nightlife entertainment club in the Song Dynasty: Fanlou Group, which opened its business all over the north and south of the Yangtze River, up and down the Yellow River, and even to the capitals of the Liao Kingdom.

Fan Lou is Gou Lan, but the question is, who is the man Li Shishi is carrying?There is no one in Tokyo who doesn’t know this.

The song "Youth Travel: A Knife Like Water" from that year is still one of the top ten songs in many Goulan Pavilion song charts.

The romantic affairs of the officials of the Song Dynasty have always been a topic that everyone talks about.

It is precisely because of endless singing that Fan Lou's status has always been as stable as Mount Tai.

Moreover, according to unreliable gossip, Fan Lou holds shares on behalf of the Song Dynasty official family.

The specific shareholding is unknown, but over the years, Kaifeng Metal Workshop has been doing well in business, and no one dares to show its prowess.

No matter what level of government it is, it seems that they want to correct their mistakes, but in the end they are unable to grasp the slightest pain.

Even if there are some bold and greedy people who want to do something with their heads in their belts.

Before they could take action, they would be taken back shoulder-to-shoulder by the kind and amiable imperial city detectives.

Then he bid them farewell with joy and watched them head to the northwest of the Song Dynasty with tears in their eyes and strive to make their due contribution to the newly recovered old land.

Anyway, there is a shortage of labor force in the northwest. Go there more and make improvements. You may not know where you will marry a wife and have children in the future.

(End of this chapter)