Chapter 1083
He knew very well that in ancient times, all countries adopted policies that emphasized agriculture and suppressed commerce, and this policy remained unchanged forever. Now, the Tang Dynasty no longer emphasizes agriculture and suppresses commerce, which will be of great benefit to the bank.
As everyone knows, the reason why agriculture was emphasized and business was suppressed in ancient times was because the grain output in ancient times was too low. Coupled with natural and man-made disasters, it was difficult for the court to maintain tax revenue every year. Therefore, the monarchs of each dynasty had to tie farmers to the land. After all, people depended on food. God, if there is no food, the country will be in chaos.
Now the situation in Datang is different. Since the popularization of hybrid rice 3.0 across the country, rice production has increased sharply. From now on, Datang no longer has to worry about not having enough food.
After weighing the pros and cons, the Tang Emperor decided to liberalize the policy appropriately and encourage the development of merchants. As long as merchants could develop, the tax collected by the court every year would definitely be considerable.
"What? The imperial court no longer emphasizes agriculture and suppresses business? Moreover, the interest rate for a loan from the Tang Dynasty State-owned Bank is only five points? Did I hear that correctly?"
"You heard it right, you heard it right! Now the country has liberalized its policies and encouraged businessmen to develop!"
"Great, I want to expand my production scale and get a loan. I have to go to the bank for a loan!"
After the businessmen learned about the situation, they were all overjoyed and went to the bank to borrow large sums of money.
In order to increase the bank loan limit, Tang Yu set the interest rate at five points, which is almost the same as the interest rate on modern loans.
As for the interest on people's deposits, Tang Yu only gave one point. He knew that there were too few people borrowing money now, and if the interest on deposits was too high, the bank would definitely face losses in the end.
Remember URL
When fewer and fewer people take out loans in the future, it is not impossible to increase the interest rate on savings appropriately.
After a brief wash and dinner, before Tang Yu had a rest, Xiao Yushu ran over happily: "Your Highness, good news, good news!"
"What good news?" Tang Yu asked in surprise.
Xiao Yushu said bluntly: "In just one day, the total storage capacity of Datang state-owned banks across the country reached as high as 1.6 billion!"
"What? You saved 1.6 billion in one day?" Hearing this, Tang Yu opened his mouth in shock.
Xiao Yushu pursed her lips and smiled: "Not only that, the total number of loans nationwide is as high as 300 million! According to this trend, Datang State-owned Bank will definitely develop!"
"Oh my goodness! So many?" Tang Yu was extremely shocked.
He never dreamed that in just one day, the storage capacity across the country would reach as high as 1.6 billion, and he never expected that domestic businessmen would borrow 300 million so quickly.
Staring at the shocked Tang Yu, Xiao Yushu said with a smile: "The main reason why the situation was so good on the first day is that the Tang State-owned Bank was founded by the royal family, and the president is your highness. In addition, the Chinese New Year is coming soon, everyone feels that money is free." It’s not safe at home, so I choose to deposit it in the bank!”
"That's right!" Tang Yu gradually calmed down.
Xiao Yushu continued with a smile: "In addition to these, the business models of banks and banks are also very different. Banks charge fees for depositing money, while banks charge no fees and return money. This is also the main reason for attracting a large number of people!"
"Not bad!" Tang Yu nodded.
I have to admit that the bank has achieved such great results just one day after it was opened, which is far beyond Tang Yu's expectations.
Xiao Yushu seemed to see Tang Yu's thoughts. She smiled and said: "Your Highness, are you curious why people are generally rich now? That's because of the comprehensive promotion of hybrid rice 3.0. Now that farmers have paid taxes, they can still retain their income. If you lay down a lot of grain, in addition to food, you can also get a lot of money by selling the rest!"
"So that's it!" Tang Yu suddenly realized.
"In just one day, the amount of bank storage reached 1.6 billion? This... is this true or false?"
After the financial statements of Datang State-owned Bank came out on the first day, not only Tang Long and Tang Shuheng were dumbfounded one after another, but even banks across the country were extremely shocked.
