Mohist Tang

“The bankruptcy system!”

“If you don’t have to pay, you don’t have to pay it back?”

The merchants news is the best. Soon after it ended, the bankruptcy system of Mohist Village Bank had spread throughout Chang’an City.

Ch_ng’n merchants were in an uproar, and they couldn’t believe it. Although everyone is unwilling to embark on this path of bankruptcy, but who can guarantee their longevity, the bankruptcy system of Mohist Village simply preserves the last trace of dignity for businessmen, only liquidating existing property, not affecting wives and children. There will be a certain amount of living security left, which was something that I could not imagine before.

until now, unless the merchants in Ch_ng’n are driven to a dead end, they will not choose to borrow money. It is not that these merchants are not short of money, but the price of borrowing money is too great.

However, the lower interest rate and bankruptcy system of Mohist Village Bank put them off their guard and opened up the hungry financial market in Chang’an City. One by one, large merchants held the deeds of real estate. They rushed to the Mohist Village Bank to request loans.

Everyone knows that a loan is the best loan at this time. Only if the Mohist Village Bank borrows half of the money, can it keep its balance of payments.

“200,000 coins! In just one day, Ch_ng’n merchants loaned 200,000 coins of money!”

In Mohist Residence, Shen Hongcai changed his previous worries and looked very worried. With a smile, he finally doesn’t have to worry about the high interest that Mohist Village Bank needs to pay every year.

The short bank Shopkeeper experience is simply more exciting than his lifetime experience at the Imperial College of Supreme Learning. The ownership of such a large amount of money in his hands is simply more fascinating than holding power.

“Brother Shen can’t use all the money in the loan, Mohist Village still needs a lot of money to run?” Xu Jie on the side asked.

“That’s natural!” Shen Hongcai proudly said, “After Shen’s calculation, as long as the bank prepares 10% of the deposit as a reserve, it is enough to deal with the risk, but for the sake of safety, Shen decided The reserve of Mohist Village Bank is at least 20%.”

“The bank has just been established, so it is better to be conservative, but the profits of Mohist Village should not be counted. When necessary, Mohist Village will do its best to this bank.” Mo Dun nodded, if the reserve is too high, the bank will not make money, or even lose money, but if the reserve is too low, once the Mohist Village Bank faces a large-scale run, it will not be able to collect the loan, which is too risky, 20% Although the reserve is conservative, it also leaves 30% of the profit for Mohist Village Bank.

“30% profit!” Xu Jie couldn’t help but sigh. According to the existing 800,000 bank deposits of Mohist Village Bank, the annual profit of Mohist Village Bank is nearly 15,000 bank, which is too good. Earned.

Shen Hongcai couldn’t help being proud. This is not the limit of the bank. Once the size of deposits increases substantially, the bank’s profits will surely expand further. Of course, banks are not without risks. Once someone reneges on a debt or goes bankrupt, the bank will surely suffer heavy losses.

“At this rate, the bank’s loan line will be used up soon. Now the Chencang and Zhengzhou banks have been built. If they can continue to absorb deposits, then the bank can definitely go further.” After Shen Hongcai’s calculations, he suggested that Chang’an City is extremely hungry for money. Using funds from other places to support Chang’an City may be enough.

Mo Dun nodded said: Thats natural. As long as the bank opens in the future, it will start deposit business immediately. As for loan business, you need to step by step to meet Chang’an City first, followed by Mohist Village, and Luoyang again…”

Mo Dun ranked Mohist Village before Luoyang. Of course it is selfish. In terms of the size of the loan market, Luoyang is bigger than Mohist Village. However, Mohist Village is under the control of the Mohist Family, and the security of loans is naturally the highest. Secondly, most of the industrial workshops in Mohist Village that use Mohist Technology are the foundation of the Mohist Family, while the majority of Luoyang City In contrast, Mo Dun naturally takes the development of the Mohist Family first.

“By the way, the foundation of the Mohist Family is industry. When banks issue loans, they can give priority to artisan workshops. Even if the mortgage is not enough, the conditions can be appropriately relaxed.” Mo Dun instructed.

“But in this way, the bank’s risk will increase a lot!” Shen Hongcai frowns saying.

In this era, the richest people are the merchants. They have the strongest capital and the largest value of the mortgage. However, the industrial investment is large and the capital is expensive, and they are often not valuable. If the mortgage is lost, I am afraid that the bank will suffer a great loss.

“The foundation of the Mohist Family is industry. Only when the industry is strong can the Mohist Family be revived. Supporting industry is the unchanging concept of the Mohist Family, even if the bank does not make money. , At least 30% of the loan fund supply workshop must be left. Mo Dun without the slightest hesitation said.

“Well, then!” Shen Hongcai helplessly said, who is Mo Dun is the Master, but although the risk of lending to the workshop is a bit higher, as long as the control is strict, there should be no problem, after all, even if it is Loan to the workshop, it also needs to pay interest.

“Mohist Family supports artisan workshops!”

“Not only are the approval conditions loose, but also low-interest loans.”

As soon as the news came out, Chang’ The industrial corridor between the south of the city and the Mohist Village and the southwest industrial zone immediately became a sensation. Compared with the merchants buying high and selling low, as long as the goods are safe, there is not much risk, and the investment in the workshop is extremely alarming. The money is more, and not only that, as soon as Mohist Family Mohist Technology came out, the workshop renewal was accelerated, and the risk of the workshop increased.

Once they can’t keep up with the times, a lot of goods are hoarded in their hands, and the capital chain is broken, then they have to wait for death, and the bank’s low-interest loans make them a long drought.

“Lin Family Horse Carriage only used a piece of land, and even borrowed 5,000 guan dollars from the bank!” A surprising news soon came from Chang’an City.

“Isn’t Lin Lady (Clan) Horse Carriage competing with Mohist Family Horse Carriage? Can you get loans?” Some people wondered.

When the Mohist Family four-wheel carriage first came out, Lin Lady (Clan) Horse Carriage imitated the Mohist Family four-wheel carriage and made a lot of money, but unfortunately with the second generation of the Mohist Family Carriage improvements, coupled with the fierce competition of four-round Carriage, quickly declined.

“After all, Mohist Village and Lin Family Village are the same craftsmen, same qi, connected branch. After Lin Lady (Clan) Horse Carriage got the loan, he changed hands and ordered 3,000 in Mohist Village The consistent Carriage glass, with this batch of glass, Lin Lady (Clan) Horse Carriage will definitely be revitalized.” A well-informed merchant envied.

“There are also rumors that anyone who uses Mohist Family Mohist Technology can enjoy low-interest loans. I heard that the lowest interest rate is only three per cent per year? Liu Village Farmstead uses Mohist Family’s red brick secret technology. To expand the brick kiln, Mohist Village has a direct loan of 500 guan, with an annual interest of 3%.” A citizen slapped his tongue. A loan with an annual interest of 3% can be said that the Mohist Family does not make money at all and has to bear the risk of bankruptcy of the lender.

“Mohist Family Son really does everything in order to rejuvenate the Mohist Family.” A scholar said grimly. Everyone knows that Mohist Family’s move is to rejuvenate the Mohist Family, and he will spare no expense.

“Isn’t this what?” A idle man said proudly: “Gongshu Family and Mohist Family are recognized rivals, but Young Master Gongshu Hao of Gongshu Family is appreciated by Mohist Family Son. Direct loan to Gongshu Hao of 5,000 guan to open a lock workshop, no interest is required.”

“Really?” Everyone can’t believe it. Usury, which requires no interest for a penny, can hardly be imagined. One thing.

“What’s even more incredible? According to Mohist Family rumors, as long as you have new technology and get the appreciation of Mohist Family Son, Mohist Family Son can directly pay to help you start a workshop, and you only need Just pay a small amount of workshop members.” The idle man looked down upon the Quartet.

“Is there such a good thing?”

“Can there be such a free lunch in the world?”

_____

Everyone is incredible.

“For others, it is impossible, but for Mohist Family Son, nothing is impossible.” The idle man admired with eyes full of eyes.

Everyone was silent, this indeed echoes the style of Mohist Family Son.

With Mohist Family Sons preferential treatment of artisan workshops, the entire Chang’an City industry is cheered. With sufficient financial support, Great Tang will inject fresh blood into Great Tang. The spring of Great Tang industry is coming arrival.