Reborn with Consumption System-Chapter 653 - 283: Killing Eight Birds with One Stone_2
Holy shit! Getting right in my face like that, you're fucking fierce!
President Jin was caught off guard and then burst into laughter to cover up his embarrassment.
"Teacher Han certainly speaks his mind… Yes, our wealth management isn't good enough yet, and we don't have many high-value products…"
While laughing and shaking his head, the interested President Jin continued to inquire, "So, Teacher Han thinks that the 1 billion quota should be used to attract high-net-worth clients and build our reputation in wealth management?"
"Yes."
Han Lie nodded emphatically, reinforcing his verbal intensity.
"Opportunities like this don't come often. Compared to the measly profit of forty or fifty million, establishing a good reputation and cultivating customer loyalty clearly offer significantly higher long-term returns.
"Moreover, we can break down the specifics. If your bank transfers out 1 billion of its own funds, the actual profit is 50 million. This involves competing with your own customers for profit, resulting in a singular and narrow revenue stream. Conversely, if you kept that 1 billion for other purposes, wouldn't it also generate profit?
"When your bank develops high-net-worth clients by distributing 1 billion in funds, you can roughly issue at least 3 billion worth of top-tier credit cards on a matching basis. Furthermore, by using certain bundling methods, you can add an extra one or two billion in personal time deposits, significantly enhancing your bank's foundation and igniting local customer enthusiasm.
"If you use that 1 billion quota to buy for yourselves, you're just making a small profit. But if you offer it externally, imagine how many activities you could organize, how much added value it could generate, and the significant long-term impact it could create!
"Jin Hang, I'm an outsider and might be engaging in a bit of armchair strategizing here. Please feel free to correct me."
Correct my ass!
President Jin's fingertips trembled uncontrollably, overwhelmed with shock.
"Teacher Han is so well-versed in our bank's operations too?!"
This, right, wasn't just shockingly outspoken. It was a highly executable and practical tactical idea—though not quite at a strategic level. Coming from Han Lie, it was just fucking outrageous! How old is Han Lie? What does he do? Has he ever worked in any bank for even a day?
President Jin took a while to recover, then suddenly asked a somewhat unrelated question, "So, Teacher Han thinks our bank should focus on local customers?"
Han Lie was taken aback for a moment before immediately nodding.
"Yes, local people—especially those from the old communities and alleys. Targeting them for activities makes it easier to spread influence to a deeper level and achieve more with less money."
President Jin continued to go off-topic, "Do you have any specific ideas?" 𝗳𝚛𝚎𝚎𝘄𝕖𝕓𝕟𝕠𝚟𝚎𝕝.𝗰𝕠𝐦
Even though Han Lie felt that President Jin was straying from the main point, he had to reply.
After a brief thought, he listed a couple of common services from the future.
"For instance, there are services specifically for citizens, like 'binding medical and social security cards with bank cards for quick payment services.' Other examples include reimbursement for miscellaneous medical expenses, transparent payroll systems, and other bulk payment projects. Additionally, comprehensive wealth management services could be launched following this fund distribution, and so on…
"Serving the citizens is the broad slogan. Intensifying services for the local natives of Magic Capital is the specific course of action. Starting with middle-aged and elderly locals should offer decent cost-effectiveness…"
SNAP!
President Jin clapped his hands forcefully, unable to contain his overwhelming excitement any longer.
"Teacher Han, would you be interested in joining me…"
But before he could finish his invitation, he choked, suddenly realizing how presumptuous and unrealistic it was.
With Han Lie's income level, I probably can't afford him, can I?! Uh, this is awkward…
Luckily, Han Lie didn't seize the opportunity to make a point, merely smiling as if he hadn't heard.
President Jin took a moment to compose himself and regain his rationality, then returned to the original topic.
"Teacher Han, your idea makes sense, but even so, there's still a difference in actual revenue. Yes, I can forcefully push for the project's implementation, but work can't be that simple and crude. I need a more compelling reason to get the entire management board on board…"
Actually, President Jin had already surrendered.
Could he be unaware of the enormous impact that 1 billion worth of high-quality, principal-and-interest-guaranteed fund shares would have on the bank's market share? No, he was very aware.
The moment he began to think along Han Lie's lines, the outcome was, in fact, already sealed.
Psychology excels at grasping human nature, marketing excels at discovering needs, and blarney can combine the two to deliver precise strikes.
Han Lie's set of Level 4 'posture' skills was just so damn unscrupulous.
President Jin truly couldn't withstand it.
He was just habitually trying to press for more, attempting to push Han Lie further.
"There are still shares available for the subordinate tranche."
Han Lie casually replied, "In the official documents, I won't make any promises regarding returns. But since we are communicating privately today, I'm willing to reveal my personal prediction to you:
"As long as your bank purchases about 50 million in subordinate tranche shares, I am absolutely confident I can cover all your bank's losses.
"Now, it's up to President Jin whether he wants to take a gamble with this junior…"
Actually, 50 million was quite conservative.
In Han Lie's estimation, he would use half of the fund—about 2.5 billion—to purchase ETFs like the CSI 300.
Leverage could be increased to two or three times, and the final absolute returns should exceed 400% of the 2.5 billion, i.e., a net profit of 10 billion.
Therefore, on the day of the maturity and liquidation of the 5 billion structured fund, the net asset value would definitely be above 3.
Fifty million in shares, after deducting management fees and profit provisions, should yield a return of at least 120 million, a profit of 70 million—more than double.
Previously, how much was the Magic Capital branch's total calculated deficit anyway? If they dared to buy 10 million in shares, it would basically be enough to cover the difference.
