Hope for luck

Chapter 535 Bank Expansion
The popularity of the People's Bank aroused the jealousy of Datong Bank. After the treasurer of Datong Bank reported the situation, the big treasurer gave a solution, which was a 'run'!
They first asked people to deposit money in the people's bank, and then pretended to be a businessman to mortgage the loan. Seeing that the loan was running out, they asked the depositor to withdraw the money.

Then deliberately spread rumors, saying that the owner of the people's bank has no money and is going to run away.

In addition, their people deliberately go to the bank to withdraw money. Some people don't know why, and they are afraid that their money will not be withdrawn, so they will naturally follow to withdraw money.

It's a pity that this idea is good, and Datong Bank even borrowed a total of about 100 million taels of silver, but the result shocked everyone.

On the first day of the run, Shen Jieli personally sat down in the lobby, letting people fill the entire lobby of the bank with two vain money, and at the same time ensuring that everyone could withdraw the money they had deposited.

In addition, Shen Jieli said that if you withdraw money urgently, you need to charge some additional handling fees, so that those depositors who follow suit to run on the bank will retreat in an instant.

The silver placed in the lobby is not fake, and as long as someone wants to take it, the tellers will immediately return the deposited silver.

Faced with such a situation, those who didn't save much in the first place retreated in an instant and left the common people's bank one after another.

And this situation, Gao Pan had thought of it a long time ago, he knew that opening a bank would definitely arouse the fear of Datong Bank.

Previously in the capital, it was because the scale was too small to attract the attention of Datong Bank.

But now it is different, the people's bank opened in a low-key manner, but it has attracted everyone's attention, and the financial resources behind it are strong, so it will naturally attract the attention of Datong bank.

Gao Pan also asked Shen Jieli to prepare some money early on to cover the risk of a run on the bank.

The result of this is that Datong Bank did not achieve the result it wanted at all.

On the contrary, because of the loan of millions of taels of silver from the common people's bank, the interest that needs to be paid is as high as tens of thousands of taels.

Not to mention, they urgently withdraw money, and the common people's bank charges a lot of handling fees.

But this is not the final result. Just two or three days after the run on the common people's bank, there was a sudden rumor that the branch of the Datong Bank in Guangling City was furious because of too many losses, and was about to close the branch.

At this time, many wealthy gentry and gentlemen flocked to follow, and it really made Chase Bank 'bankrupt' for a while.

It is precisely because their plot to run out of the common people's bank did not come to fruition, so all the money from the Guangling branch was transferred away.

After Gao Pan received the news from the intelligence, he immediately spread the news and asked people to go to the branch of Datong Bank to exchange money.

Originally, Datong Bank didn't have much silver, but Gao Pan deliberately asked people to exchange it, and had already exchanged all the silver in it. As a result, the rich gentry and gentlemen who actually came to exchange the silver later did not exchange a tael of silver.

This turned the rumors into reality. Someone actually rushed to Linjiang City to exchange money overnight, which attracted the attention of the people in Linjiang City.

As more and more false rumors spread, Datong Bank's two branches in Guangling City and Linjiang City went bankrupt within a day.

If it wasn't for breaking the king's law, many people would have wished to tear down the Datong Bank.

This also gave the People's Bank a chance to expand its territory. On the second day after the branch of Datong Bank in Linjiang City went bankrupt, the People's Bank opened again in a low-key way in a busy street in Linjiang City.

Although it was as low-key as before, the people's bank couldn't keep a low profile at all because of the run on Datong Bank.

In addition, Gao Pan deliberately sent people to praise the benefits of the common people's bank, and all the businessmen in the entire south of the Yangtze River knew the existence of the common people's bank.

This battle can be regarded as laying a solid foundation for Gao Pan's business empire. After that, in the Jiangnan boundary, the reputation of the Minmin Bank is better than that of the Datong Bank.

Later, in just one year, branches of the Minmin Bank have been opened in counties all over the south of the Yangtze River, and the scale is getting bigger and bigger.

……

Outside Guangling City.

Still by the small river, Liao Jie was sitting on the wooden platform, squinting his eyes and fishing.

And Gao Pan was dressed in ordinary clothes, accompanied by several people, came to the field to inspect, just in time to see Liao Jie, Gao Pan walked over alone.

"Mr. Liao, you are really interested. Do you come here to fish every day?"

As soon as Gao Pan came, he called Liao Jie old Liao. It seemed that he had already guessed Liao Jie's real identity.

But Liao Jie just turned his head slightly, looked at Gao Pan, and then said:

"I'm just an old man, and I can only fish every day. I don't want you, a young magistrate, to fish lightly and lose his job!"

Obviously, Liao Jie also guessed who Gao Pan was, and there was something in his words.

After Gao Pan listened to it, he savored it carefully, and found a stool next to Liao Jie and sat down on his own.

Afterwards, Gao Pan and Liao Jie smiled similarly, keeping everything in silence, and both of them looked at the quietly flowing river in front of them.

"I didn't expect that before leaving Beijing, Mr. Dong repeatedly reminded me that the former Chief Assistant who told me to be careful, turned out to be such an open-minded and open-minded person. I never expected it!"

After a while, Gao Pan turned to look at Liao Jie and said.

Liao Jie smiled slightly:
"Oh? Before you knew the old man, what kind of person was the old man in your heart?"

After Gao Pan listened, he also spoke bluntly:

"Before I knew you, I guessed that you must be an old fox who hides secrets and controls everything, an obsessive old stubborn, a vicious squire who fishes and meats the common people!"

If others heard this, they would be very angry at all, and at worst they would reply a few words, but after hearing this, Liao Jie replied with a smile:
"You're right, this old man used to be such a person, but since the emperor agreed with me to retire and return home, this old man has taken everything lightly!"

"Especially after meeting you for the first time, this old man realized that my previous thoughts might be completely wrong!"

After Gao Pan heard this, his heart moved, and he took the words:

"Oh? What do you mean, when you don't see me, you are going to give me some sharpening?"

Liao Jie nodded frankly:

"That's right, Dong Pingzhang, an old guy, has a bad mind. He knows that I'm staying at home for the elderly, but he transfers this proud young man here. He clearly wants the old man to fight with you!"

"He doesn't take the old man seriously. Speaking of which, no matter what the old man said, he retired from the position of chief assistant, so he sent a young man to fight with the old man? Who do you look down on?"

With that said, Liao Jie raised his eyebrows and looked at Gao Pan, then said:

"To be honest, the old man originally wanted to go back to the capital in despair, but after seeing you for the first time, the old man completely changed his mind!"

(End of this chapter)