Chapter 699: Candidate

"What does the loan mean is to lend us money?" Moro looked incredulous. You must know that the empire borrowing money is not an individual, but it can easily amount to hundreds of millions of gold coins, and there is no merchant or individual who dared to lend money in this world. Because the imperial is too dangerous
"Yes, we can lend you money and we can sign a contract." Cook replied affirmatively to be able to lend to an empire. This is undoubtedly a proof of the strength of the bank. You must know that the bank opened in the orc empire has achieved initial results. This is mainly now The benefits provided by the Kai Empire, as well as the salaries of staff and military personnel, are all issued through banks. This has also directly eliminated the corruption of military payments and embezzlement of public funds. However, there are not many gold coins in circulation in the Meikai Empire, but the credit points in the circulation of the Meikai Empire are only Equivalent to gold coins
"Hehe we can't afford the interest." Moruo smiled to know that the interest on borrowing is very high. After all, there is no such thing as interest-free loans in this world and the interest of hundreds of millions of gold coins is not a small amount, so Moruo directly refused.
Cook looked at Moro with a smile and shook his head and said, "As long as the Bright Empire promises me a few conditions, then I can loan you interest-free."
"What does non-breathing mean" Moro asked suspiciously
"It just doesn't require interest and you can repay the money in installments" Cook further explained
Moro looked at Cook suspiciously and asked, "What kind of terms are there for no interest?"
"Hehe, in fact, this is also a very good condition for your empire. The first is that the Bright Empire must allow Mekay Bank, the organization that gave you loans, to open a bank in the Bright Empire and engage in loan storage and other businesses." Cook said with a smile. Out of the first condition
Moro frowned and asked, "Can you tell me more about the concept of loan storage and banking?"
When Cook heard Morrow's question, he smiled and said: "A loan is very simple to give to individuals or groups in need of money. Of course, they have to pay interest. As for storage, individuals or groups deposit the money in our bank and then our bank. Responsible for custody, of course, you can withdraw it anytime and anywhere when you need it. For example, you deposit one hundred gold coins at a time and you need to withdraw ten gold coins a day later. This is also possible, and our bank has also opened a remote withdrawal. That is to say, for example, I deposit gold coins in this city and then I go to another city as long as I can withdraw the gold coins in our bank. Of course, it is only necessary to charge a negligible fee."
Cook made a work around here to save money and don’t need to pay other people’s interest. If you don’t charge these people a storage fee, even if Cook is interesting enough, you should know that the crime rate in this world is extremely high. After all, it is the world of the strong. Robbery and murder is also a matter of family extermination, so there is no need to pay interest to the depositor
"Are there any numbers?" Moro asked again when he heard it, curious.
Cook took out a scroll. Compared to the world, there are still a lot of things written on animal skins, and animal skins are easier to store than paper. This is the specific business of Mekay Bank.
After reading it, Moro immediately understood: "You are making money from loans."
"Hehe is like this" Cook laughed, but Cook wouldn't explain further the influence of finance on those empires
"I agree with this, but the bank needs to pay taxes." But what makes Cook speechless is that Molo is worried about the tax.
"It's not impossible, but it's rare," Cook nodded and replied
"Well, I'll discuss this later and talk about your next condition" Moro said afterwards
"The second is that we at Mekay Bank hope to be able to accept tax deposits from the Bright Empire" Cook stated the second condition
"It's impossible that this tax goes directly to the finance department" Moro shook his head in denial.
"Isn’t that the tax deposit I said is like this? Don’t all the taxes in cities of all sizes need to be transported, and then transfer them at that time. I think this is a waste of us. Maykai Bank can handle this business on behalf of the city. If you pay to city b, you used to need an escort, but now you don’t need it anymore. City a directly deposits the tax into our branch of Maykay Bank, and then you can directly go to city b to withdraw the money with the receipt or even say that city b can directly pay This money does not need to be taken out, directly exchange for a receipt and finally arrive at the Holy City and then withdraw it at the Maykay Bank in the Holy City, and the Ministry of Finance can also not need to take it out. If the Ministry of Finance needs to allocate funds for a city, then directly issue a proof of expenditure then a The city can directly withdraw money in city a by relying on the proof of expenditure." Cook said that the saliva was dry. You must know that this is just simple finance. As for the more complicated, Cook does not want to say
"It's a good idea, but you can't charge too much" Moro thought about it and replied affirmatively.
"Hehe, that's for sure. We usually only charge 01% for 100 gold coins and 10 silver coins." Cook can't help sighing that this is a financier's paradise.
"This is very low." Moro knows how serious this tax is lost during transportation every year, because the carriages and the food and drinks of the personnel are not a small amount.
"Thirdly, I hope that the Bright Empire can directly transfer the salaries to the army in our bank." Cook said the third point.
"Oh" Moro gave a stunned cry.
"Hehe used to pay salaries level by level. In this way, it is inevitable that corruption will be deducted. Later, the Ministry of Finance will directly give a list of disbursements. Then we can directly pay these people from the deposits of the Ministry of Finance. Eliminates the danger of embezzling corruption, especially the military." Cook directly pointed out this benefit
Molo was surprised that this is an excellent way to prevent corruption, but Molo ignored that the money can still be bribed after being taken out.
"I agree with this point, but this still needs to be carefully discussed. But if Cook, if you open a bank, how many points are you going to establish in the empire of light." Moro knows that if you want to convert what Cook said into actual funds, don't say goodbye To withdraw money directly from each other requires the assistance of magic equipment, so Moro is very curious about how many points Cook can build.
"As long as it is a city, no matter how big or small it can be built" Cook now has magic materials in his hands. You know that the Chamber of Commerce monopolizes most of the magic materials on the first floor of the Underground World. There are also chambers of commerce on the third and fourth floors of the Underground World. The entire Mekay Empire and the Asian dragon trades of various races in the Baronian Territory, so there is absolutely no shortage of magic materials Cooke, so Cook decided to start the influence of Mekay Bank in the Bright Empire
"Tsk tusk" Moro is only amazed by Cook's words, at least it is another expenditure of hundreds of millions of gold coins.
Moro looked at Cook and said, "Since we are so happy to cooperate, then this fire elemental fruit"
"It's not just how much money Miss Morrow can take down by the time, and I will lent you personally." Cook immediately rebuffed, joking as soon as the opening is opened, I don't know how to stop it.
"Okay, I'll let the people from the Empire come right away" Morrow heard Cook say so and had to answer like this
Moro left afterwards, but Cook was about to worry about it next. You should know that Maykay Bank does not have reserve staff, but most of the trained reserve staff. There is only one bank in Baron's territory, and the bank also needs a specific person in charge. Although Uncle Li has business acumen, he is already responsible for enough things. The Chamber of Commerce is now too large and needs to be sorted out carefully.
Thinking of this, Cook went directly to the port to find Gerry and directly demanded people: "Uncle Gerry has someone who can trust me. There is a lot of things here that needs a trustworthy person to take care of it."
"What kind of thing is Cook about?" Grimm thought about it and asked
"Hehe, it's about the establishment of a bank" Cook said about the bank, but Cook saw the white hair on Gerry's head and his heart moved a lot of his subordinates, and it seemed that the level could be improved, but he had so many. Elemental Fruit can be refined into a batch of talent potions

Cook’s idea for the bank is definitely a golden idea.
Gerry was very keen on business opportunities with years of training. Hearing Cook said about the bank, he immediately stood up and said.
"Yes, so I need a trustworthy person" Cook also helplessly develop too fast
"There is no one but this one..." Gerry replied with some embarrassment.
"Who is Uncle Gerry? First tell me what is appropriate and inappropriate. I will decide if you don't have any burdens." Cook saw Gerry hesitating and immediately said.
Gerry said with a smile, "In fact, Murphy is suitable for Murphy's sensitivity to numbers."
"Then Senior Sister Murphy. In addition, I will find a few dwarves to assist Senior Sister Murphy, but this requires a group of magical apprentices and Uncle Gerry to come forward." Cook knew why Gerry had to stop just now because Murphy is Gerry. Uncle’s daughter, Gerry, is afraid of Cook Murphy’s relationship with herself, so she stammers, but Cook is not afraid. After all, Cook’s current power on the bright side will not make Gerry do anything wrong let alone Privately
"How many magical apprentices are needed for this," Gerry breathed a sigh of relief and asked.
"Three to five hundred people?" Cook calculated that there would be three to five hundred people. Although he said that this time the Bright Empire doesn’t need so many, it doesn’t matter if you think more about it in the future.
"How much" Uncle Gerry was taken aback and then asked incredulously