Chapter 520: Bank!

ross provinces.”“A common bank is where the common people deposit money, pawn items for loans, and store silver. After depositing silver, they can receive a bank note that can be used to withdraw sil...Chapter 520: Bank! >

Seeing Li Chen's resolute determination, Xu Changqing felt a weight lift from his chest.

It's a good thing I didn't voice my opposition directly just now, otherwise it would have been quite awkward for me.

"But even so, Xu Changqing still said: 'Your Highness, why insist on opening a money house Although the money house has a lot of silver, they all belong to depositors. According to my understanding, most of those who open money houses don't earn much profit, and they also have to bear the risk of keeping the silver. If there is a loss or theft, these are all the responsibilities of the money house.'"

Xu Changqing didn't understand, but Li Chen was crystal clear about it.

A moneychanger is a bank!

Can banks make moneyr of Military Intelligence for the Jin Kingdom, he was always treated with respect and deference wherever he went. Even the Emperor of the Jin Kingdom treated him with great consideration and courtesy...