On the first day of the bank's opening, although some problems that were not expected before occurred, fortunately, the impact was not great, which made the bank's operation very smooth. The problems that occurred were also summarized by Xu Jingzong so that they could be solved in the future.

In the next two days, the bank was still very busy, but as the internal officials adapted, they became more and more familiar with bank affairs and increased efficiency, so they were busy and orderly. On the third day, Li Xiu finally pulled out some people as promised and went to Su Dingfang's military camp to count the spoils.

Although it is impossible for the bank to give the market price, it is at least much better than those unscrupulous and unscrupulous merchants. Therefore, the soldiers under Su Dingfang were very satisfied and even hoped that the bank could send people to the border so that the spoils they won could be sold directly to the bank. However, this is obviously unlikely. After all, the bank has not even been released in Chang'an City, and will only be opened in some important big cities in the future. As for borders and so on, I am afraid I won't have to worry about it for the time being.

After a period of busyness, the bank's business has gradually stabilized. Although there are still many people going to the bank to do business every day, they are not crowded like the previous few days. After all, banks are mainly aimed at the business class. As for ordinary people, on the one hand, there is little demand for banks, and on the other hand, they do not have the habit of going to banks.

However, from the first day of opening, Li Xiu discovered a big problem. In fact, not only did he discover it, but Xu Jingzong also discovered it. The two of them discussed it specifically that night. In the end, they both felt that if this problem was not solved, the bank might deviate from its original intention, so it must be solved.

In the financial management supervision, Li Xiu looked at the thick list of items in front of him and couldn't help but show a embarrassed expression. After a while, he looked up at Xu Jingzong who delivered the list to him and said, "Why are there so many? Isn't there a deadline for mortgages? Someone should redeem the mortgaged items when the deadline is reached, right?"

"The prince consort, the mortgage has not been paid for living or dead. Most of these are items that are paid for living and are not intended to be redeemed at all. There are also some items that are paid for living, but they have not been redeemed by the dead end. It is probably because they are not able to redeem them again, so they are also included in the items that are paid for living. Now the warehouse is almost full." Xu Jingzong also smiled bitterly and explained.

"Since no one plans to redeem these things, I'll find a way to contact the buyer. I guess someone should be interested in these things." Li Xiu thought about it for a moment and immediately made a decision.

"They can be mortgaged in our bank, and there are naturally many buyers who are interested. But we are officials after all, so we can't really bargain with those people to do business, right?" Xu Jingzong said in a dilemma at this time.

His words also represent the ideas of most officials. After all, officials have always felt that they are superior. In their eyes, businessmen are a low-key business. Although banks are also related to money, they are different from traditional business, so Xu Jingzong and others can still accept it. But now if they really sell things, they will feel a little awkward.

Li Xiu was also understandable about Xu Jingzong and others' ideas, so he had already prepared. He smiled indifferently and said, "Our bank will naturally not bargain with others like ordinary merchants, so I decided to auction these valuable items that were not redeemed, so in addition to the bank, there is also an auction house!"

"What is an auction?" Xu Jingzong couldn't help but widen his eyes when he heard Li Xiu's words. This was the first time he had heard of this term.

"The so-called auction is to put it bluntly that all the wealthy and powerful people in Chang'an are invited to a place, and then our bank will place the valuables at the lowest price, and then let these people increase the price at will. The last price will be higher, so that we don't have to bargain with others. Everything is voluntarily bid, and the final price has nothing to do with our bank." Li Xiu explained with a smile.

There are many benefits to auctions, such as creating a competitive atmosphere to raise the price of auction items. However, what Li Xiu valued most was the auction form, because the auction was bid by the buyer and the other party was voluntarily. This would reduce a lot of filth, and there was no need to ask customers to buy things and protect the seller's face. This was the most in line with the psychology of people like Xu Jingzong.

"Wonderful, this method is simply great. We just need to provide a place to mark a minimum price and then ask those people to raise the price. This is what we should do!" Sure enough, after hearing the start of the auction, Xu Jingzong immediately slapped his thigh and praised. He felt that this kind of auction was simply tailor-made for the bank, both with face and with inner strength. After all, so many people sat together, they would raise the price for the sake of face.

"There are too many things in the bank during this period, and I'm afraid you can't separate yourself, so I'll prepare for the auction!" Li Xiu thought for a while and said again. Although he did not participate in the auction, he knew the general process, but Xu Jingzong had no experience in this. He was worried that the other party would not be able to do it, so he decided to do it himself. Moreover, with his face, there were really no powerful people in Chang'an City that he could not invite.

"With your son-in-law, you will definitely be able to invite all the powerful people in Chang'an City. There will be no buyers at that time!" Xu Jingzong also knew how much he had, and he said very much at the moment.

"By the way, although the bank is very busy during this period, it has gradually stabilized. Do you think you have to take time to solve the matter we discussed last time, so that the auction can also be linked to this matter in the future?" Li Xiu suddenly thought of what happened last time and spoke again.

"What the prince consort said is very much. I also think that the mortgage and pawn business should be independent. After all, 80% of the people who go to the bank now go to the mortgage and pawn things. If we keep doing these things, our bank will not think about doing other things in the future!" Xu Jingzong nodded immediately and said.

The so-called big problem that a bank has, is that there are too many mortgage and pawn business. As Xu Jingzong said, 80% of people who enter the bank every day come to mortgage and pawn things. It can be said that the bank is almost equivalent to a big pawn shop now, but the real function of the bank does not play much role.

Of course, the bank has just been established, so it is normal for problems to occur. However, if this continues, the mortgage pawn will occupy too much energy of the bank. Maybe it will really become a big pawn shop in the future, and the bank should have no energy to develop the function that the bank should play. So when faced with this problem, after discussing, Li Xiu and Xu Jingzong both felt that the mortgage pawn business should be independently established and a subordinate institution dependent on the bank was established.

"Yes, banks cannot spend all their energy on pawning. I think a bank subordinate set up a pledge database to specialize in pawning business. As for bank mortgage loans, you can also do it. However, the collateral must be real estate such as houses, shops, and valuables such as gold, silver and jade, it is better to send them directly to the pledge database to handle it!" Li Xiu made the decision immediately.

Quality warehouse is also the nickname for pawn shops in later generations. However, the bank is a government agency after all, and Xu Jingzong and others are more reluctant to confuse with merchants. Pawn shops are also a kind of store and they don’t sound very nice, so they are better called quality warehouses.

"Yes, my subordinates will start doing this immediately!" Xu Jingzong agreed immediately. He liked to do things under Li Xiu because Li Xiu would delegate power to his subordinates. For example, now the bank's affairs are fully responsible. Li Xiu just asked occasionally to ensure that the bank will not make mistakes in the general direction, which gives him enough power, and Xu Jingzong also enjoys this very much.

"It's not only about the quality of the warehouse, but also about Luoyang. Banks can only play their true role only when they are established across the country. Luoyang is the first step for banks to get out of Chang'an. In addition, such a large city with so many people, only one bank is not enough, so it will definitely open a new bank in the city in the future. You also need to worry about these, so you may be busy during this period!" Li Xiu patted Xu Jingzong on the shoulder and said, as if he had put the heavy responsibility of 10,000 pounds on the other party's shoulder.

"It is also a blessing for the son-in-law to trust his subordinates, so even if he is crushed to pieces, his subordinates will repay the son-in-law's kindness of his favor!" Xu Jingzong seemed very moved at this time and immediately assured Li Xiu.

"Well, it's not bad. Your ability is also what I value most. Follow me and work hard. When the entire banking system is established, you will know its real role. By then, our financial management supervisor will definitely not be lower than that of the three provinces and six ministries!" Li Xiu smiled again at this time, and his words also revealed some motivation.

"The prince-consort has always been far-sighted, and his subordinates have never doubted the importance of the bank. Moreover, compared with the previous Ministry of Agriculture, his subordinates also felt that the bank needed someone like me more. Even if his subordinates spend the rest of their lives here, they would help the prince-consort build the bank!" Xu Jingzong promised immediately again, but he showed a bit of a flashy expression when he spoke.

Xu Jingzong never doubted Li Xiu's words. After all, Li Xiu's ability is obvious to all. If the bank can really compete with the three provinces and six ministries in the future, then he, the young prison, may not be worse than the ministers of each ministries in the future. You must know that he is a senior official of the fourth rank, and he will be the third rank prime minister. Maybe he will be the prime minister in the future. When he thinks of this, he feels like he is about to fly.
Chapter completed!