When new management took office, Chen Huaiqing gave them a certain amount of time to adapt to their new positions, and did not require them to come up with any big development plans first.

Instead, we should control risks and conduct a re-examination and cleanup of loans with high risk factors.

When small and medium-sized banks are operating, they like to engage in high-risk loans, which are high-risk and generally accompanied by high returns.

However, necessary risk control must be in place.

In terms of risk control, banks now are really...

Everyone has risk awareness.

However, risk control management has not yet become an institutional thing.

It depends very much on the ability of bank personnel.

And in small and medium-sized banks, they like to talk about relationships, nepotism and the like.

ability……

Of course it's at the end.

Now Conian Bank has completely broken up those relationships and the like, and everything is based on ability.

Conian Bank cannot afford to leave a lot of people. It’s impossible not to leave. They were leaders before, but now they are just ordinary employees.

Who can save face?

Chen Huaiqing did not try to persuade him to stay at all, but instead asked people to quickly issue a recruitment announcement.

Sun Congxuan will take care of the recruitment matters.

Chen Huaiqing is considering how to attract more public deposits.

Increase bank deposit interest rates?

The deposit interest rates of banks in Hong Kong have always been quite low.

If Conian Bank offers high interest rates, it will definitely be able to attract a large number of depositors.

Of course, banks can increase deposit interest rates, but just raising deposit interest rates is not enough. What about loan interest rates?

A very important part of a bank's business is to make money by using the difference between deposit interest rates and loan interest rates.

The deposit interest rate is 3% and the loan interest rate is 5%, so the bank can earn the middle 2%.

But if the deposit interest rate is raised to 5%, then the bank will not be able to make money.

There may even be losses.

Because lending is a risky thing.

Every bank has bad debts. The occurrence of bad debts is inevitable. It depends on the bank's ability to control risks.

Generally, the bad debt rate of 1%-2.5% is a relatively normal and healthy value in banks.

Of course, small and medium-sized banks, because of their weak ability to resist risks, logically speaking, should control the bad debt rate at a lower level.

But in fact, the bad debt rate of small and medium-sized banks is much higher than that of large banks.

As long as there is a little storm, the boat can easily capsize.

Chen Huaiqing has seen the loans issued by Conian Bank, which are mainly concentrated in the real estate industry.

Don't worry too much about this, the real estate industry is already recovering.

Now the Yilian Group has deposited a sum of funds into Conian Bank, and Conian Bank now has a pretty good capital adequacy rate.

Now if Conian Bank wants to obtain more funds, it will definitely not work simply by raising the deposit interest rate.

Chen Huaiqing was sitting in the office of Conian Bank, flipping through Hong Kong's banking regulations.

To be honest, Chen Huaiqing felt that these regulations were so simple.

Commercial banks can invest in the property market and stock market.

As for risk control for banks, there is basically no such thing.

Currently, Hong Kong's banking supervision is based on capital supervision. In other words, as long as the bank has sufficient capital, it doesn't really matter what you do.

Later, the regulatory model changed to focus on risk management and control.

In addition to raising deposit interest rates, Chen Huaiqing also thought of another thing.

Bank financial products.

I remember that in my last life, bank financial products were quite popular.

In Xiangjiang, everyone’s financial management channels are still relatively small.

Wealth management products are mainly for the rich, but what about the common people?

Everyone looks up, but who looks down?

Sun Congxuan frowned slightly: "Your fox tail is finally exposed!"

Isn’t the purpose of issuing financial products just to raise money?

What does Chen Huaiqing do to raise money?

Previously, Chen Huaiqing raised US$200 million in funds to invest in the foreign exchange market.

Because of the acquisition of Conian Bank, part of this money remained in Conian Bank for the time being.

But obviously, it won't last long.

Chen Huaiqing emphasized: "Fox is used to describe women."

Sun Congxuan rolled her eyes at Chen Huaiqing: "Don't interrupt, I tell you, the foreign exchange market is too risky, and we can no longer invest money in it."

"Don't worry, I always think about failure first, then success. The risk is controllable. Moreover, only a small part of the money from selling financial products will enter the foreign exchange market. Most of the funds will be invested in the Xiangjiang property market and

stock market."

Chen Huaiqing thought of another thing, the exchange rate between RMB and US dollar.

The exchange rate of 1 USD to 8 RMB can be maintained for a long time.

And now?

1:3 exchange rate.

In fact, there is a black market for exchange rates now because there are serious problems with the exchange rate at this time.

Chen Huaiqing really doesn’t know when the exchange rate reform will be carried out, but one thing is certain, it will definitely not work without reform.

With that said, Chen Huaiqing gave Sun Congxuan a financial product plan that he asked Meta Investment to make.

In addition to financial products, there are also public funds.

Sun Congxuan pinched her chin: "Oh, I feel like I've been on a pirate ship."

Chen Huaiqing did not admit it: "I don't agree with what you said. Why did I steal a ship? Let me tell you, my ship is Noah's Ark. It will take you to the other side of happiness. It is a new era.

beginning."

Sun Congxuan was speechless. This was a boast.

"Okay, no matter what you say, you can't change your image in my heart."

Chen Huaiqing asked curiously: "What image do I have in your heart?"

Sun Congxuan pondered for a moment, then twirled her fingers in a serious manner: "Lawful, feeling good about myself, always talking about cheating, and doing whatever it takes..."

Chen Huaiqing quickly stopped: "Stop, stop, stop, no, listening to what you say, I have become a complete villain. I am very decent."

Sun Congxuan chuckled, just Chen Huaiqing, it has nothing to do with the righteousness.

Taking advantage of someone's misfortune to rob someone can be done without blinking an eye.

The next night, a party was being held in a hotel in Xiangjiang.

Chen Huaiqing and Sun Congxuan were both invited to participate.

Chen Huaiqing wore a crisp suit but no tie, which was formal but casual at the same time.

Chen Huaiqing frequently looked at Sun Congxuan beside him, not to mention how stunning Sun Congxuan's dress was.

But although Sun Congxuan was wearing a skirt, her overall appearance looked more work-like.

There is no such thing as a deep V-neck and exposed quilt.

It is a little different from the women attending the banquet in my impression.

The woman who came to the banquet was not wearing a battle robe and competing for beauty.

Sun Congxuan held Chen Huaiqing's hand and did not appear uncomfortable at all.

"At this banquet, basically all the famous people in Xiangjiang are here. I will introduce them to you later. Since you are planning to develop in Xiangjiang for a long time, you can't help but know them."

Chen Huaiqing: "Actually, I really don't like dealing with these people."

"Haha, I don't like eating yet!"

If you don’t like it, just don’t do it?

That's possible!

Most people showed an accepting attitude toward Chen Huaiqing, and most of those present were real estate developers.

The top ten richest people in Hong Kong are basically related to real estate.

When the real estate industry collapsed, these big families took advantage of the opportunity and now have made a lot of money.

Once you have money, it becomes quite easy to make money.

Find a good project to invest in, and as long as you have patience, you will definitely make money in the end.

For example, when it comes to buying real estate at the bottom, if you have enough capital, you can buy the bottom.
Chapter completed!