Lingyu First Bank

Wang Yuan's bank was completed very quickly. Unlike Lingyu's buildings that don't like being too tall, this building is hundreds of meters high and has more than 30 floors.

Since its completion, this building, which is called the Bank Building by the residents of Shengshan City, has become a landmark building.At the same time, it reminds the super strength of the first bank of Lingyu all the time.

Since then, building higher buildings has become the pursuit of many chambers of commerce, and the hobby of building buildings to higher places has quietly spread from the Holy Mountain City.

A year later, Wang Yuan launched the currency of the first Lingyu bank, called Lingyu currency.In Lingyu, there is no concept of state-issued currency, which gave Wang Yuan a huge advantage.

The first currency launched by Wang Yuan put anti-counterfeiting as the first priority.The currency of Lingyu No.[-] Bank only uses lower-grade Lingshi as the unit of measurement.Only one hundred low-grade spirit stones, five hundred low-grade spirit stones, one thousand low-grade spirit stones, five thousand low-grade spirit stones, and ten thousand low-grade spirit stones were released.

The currency is for ordinary monks, so there is no larger amount.And below one hundred, with the attributes of spirit stones, they are equivalent to coins.As for high-end monks, they have magic weapons for storage, and large amounts of spiritual stones can be transferred through bank transfers without the use of spiritual coins.

The final form of the currency introduced by Wang Yuan is a metal plate as thick as paper, the size of a palm, with different denominations and slightly different sizes.

Some unique materials are added to the Lingyu coin, which is full of toughness, can withstand tossing, and can withstand grinding.

It usually looks like a golden yellow metal sheet, which is nothing special, but it is translucent when viewed from a light source.More importantly, when a small program called Lingyu No. [-] Bank in Lingxinbao is started, if you approach it with a metal piece, a number will be displayed on Lingxinbao. First Bank will be notified of the discovery of counterfeit currency.

Based on the maximum denomination of 100 low-grade spirit stones, a hundred sheets are no more than one finger thick, which is [-] million low-grade spirit stones, which greatly reduces the amount of spirit stones carried.

The first bank of Lingyu promised that anyone who uses this currency to exchange spirit stones at the branch of the first bank of Lingyu only needs to pay one-thousandth of the fee, and the minimum charge is a low-grade spirit stone.

The most important thing is that the Great Jin court issued an explicit order to collect spiritual taxes, only spiritual coins.

The design of Lingyu coins is extremely exquisite. In order to avoid disputes, no scenery, utensils and characters in Lingyu were selected.The design is extremely simple, and the front of all Lingyu coins is a portrait. No one knows who this person is, only Wang Yuan knows. He is a great man in his previous life, with a kind and majestic appearance.

The denomination of one hundred top-grade spirit stones reads the first bank of the spirit realm, and one side is a hundred yuan in Chinese characters, and the color is light green.

Five hundred low-grade Lingshi Lingyu coins have the same pattern, with the Chinese characters on one side being Wubaiyuan and the color purple.

The Chinese characters on one side of the Lingyu coin of a thousand low-grade spirit stones are one thousand yuan, and the color is blue.

The Chinese characters on the side of the spirit domain coin of the five thousand low-grade spirit stones are five thousand yuan, and the color is dark green.

The Chinese character on the side of the Lingyu coin of the [-] low-grade Lingshi is [-] yuan, and the color is pink.

Instead, the pattern on the back of the denomination of one hundred low-grade spirit stones is a lake with three stone pagodas on the lake, with Chinese characters on one side, and the moon reflected in three pools.

The pattern on the back of the denomination of five hundred low-grade spirit stones is a huge stone with four Chinese characters on it, the five mountains are the only ones, and the Chinese characters, Mount Tai, are written on one side.

The pattern on the back of the denomination of one thousand low-grade spirit stones is a spectacular canyon, a big river flows in it, and there are two Chinese characters on one side, Three Gorges.

The pattern on the back of the denomination of five thousand low-grade Lingshi is a few strange stones, and the Chinese characters on one side read the landscape of Guilin.

The pattern on the back of the denomination of [-] lower-grade spirit stones is a palace built on the top of a mountain, and the Chinese characters on one side read Potala Palace.

Because Chinese characters are recognized by no one in Lingyu, this anti-counterfeiting still has a certain effect.

Especially the material of Lingyu coins, because of the trace amount of green sand quick-set clay, has the anti-counterfeiting function in Lingxinbao.

But Wang Yuan, relying on his thick skin and boldness, personally went to Tongshan Town and negotiated an agreement with Mo Xieyang on the exclusive sale of green sand quick-concrete concrete.

And Mo Xieyang seemed to have received some kind of instructions, and he didn't make things difficult for Wang Yuan.

In a very short period of time after Wang Yuan launched Lingyu Coin, Lingyu Coin has occupied the settlement market in Dajin. Can a piece of paper the size of a palm replace so many spirit stones?Normally, it would be too hard to push this thing.

But Wang Yuan took the first opportunity. First, the settlement of Lingshi is extremely inconvenient and there is a demand.Second, Lingyu No.[-] Bank has excellent credit and reputation.The third is government endorsement and commitment.Fourth, it is extremely difficult to counterfeit Lingyu currency, and it is guaranteed.

In a very short period of time, Lingyu currency was unimpeded in Dajin.

It's just that people from another world don't understand at all, what does currency represent?The energy of money is not just used as a medium of exchange.

During this period, some people also began to imitate Wang Yuan to open a bank, but because they had no experience, lacked the essence, and lost the opportunity, the operation was very difficult.It also relies on Wang Yuan's bank outlets not being fully rolled out, so he can eat some leftovers.

In fact, it would be easy for Wang Yuan to deal with these banks, as long as there is a run on them, they can be defeated.But Wang Yuan didn't want to do this, his own family was enough to attract attention, and it would be a bit deadly to have a family of the whole world.

Bank runs are what banks fear most.If a bank wants to survive, it must accept deposits, and if it can absorb deposits, it must pay interest.If a bank only takes deposits, it's only a matter of time before it dies.

If you want to continue to operate, you must lend out the money you have absorbed, collect loan interest, and earn the difference between deposit and loan interest.

But there is a contradiction in this. Many depositors in the bank are demand deposits, which can be withdrawn at any time. This requires the bank to keep a part of liquidity.But if you keep more, you will borrow less and receive less interest.If you keep less, you can pay less, and it is easy to fail to pay the deposit.

The smaller the bank, the more serious this problem is because the pool is small.The larger the scale, the easier it is to adjust positions.

To deal with this kind of small bank, you only need to deposit a huge sum of money in it, and don’t withdraw it for a period of time. When the bank can’t help lending money, you can withdraw it again.People who have deposits in this bank must rush to withdraw them. With so many people withdrawing at the same time, how can the bank's loan be recovered so quickly, and eventually the reputation will be ruined and the bankrupt will go bankrupt.

Before Liberation, many small banks, including the red-top businessman Hu Xueyan, had their ticket numbers down in this way.

Wang Yuan's No. [-] Bank of the Spiritual Domain has passed the risk period. With the size of the No. [-] Bank of the Spiritual Domain, it is definitely not something ordinary people can do if they want to run on it.

The profit model of Wang Yuan's First Bank of the Spiritual Domain is also different from that of Wang Yuan's previous bank. Lending is not the main source of income. The biggest source of income is various handling fees, exchange, remittance, account management, etc. The main business handled by the bank.

Wang Yuan's lending volume is less than [-]% of his own deposits, which can be said to be very low. Fortunately, Wang Yuan's deposit interest has been reduced. Because of the increase in protection, deposits not only did not decline due to the reduction of interest rates, but also sharply increased due to the expectation of interest rate reductions. growth of.

Substantially, the bank has become an indispensable element in the life of Dajin monks.

And Wang Yuan's bank has also developed to Yu State, and a branch in Xianyu has also been established.