What really needs to be managed by Jing Gao personally is the coordination of the two companies Phoenix Financial Group and Phoenix Payment's application for banking licenses.

Yun Ruolin actually received a WeChat message from Jing Gao that night: Ms. Yun, I need your help with some banking matters. If you have time another day, I will treat you to a cup of tea.

But she didn't reply to Jing Gao's message. Replying to a man late at night could easily cause misunderstanding. This was really unnecessary for her.

She only replied the next morning: OK, it depends on your time. I'm free in Beijing anyway. But, Mr. Jing, my charges are not cheap.

Jinggao: That's clear. Two of my companies failed to apply for bank licenses. I hope you can help me clear the way.

Yun Ruolin: Which two companies? Are the hard qualifications enough?

Jing Gao: Phoenix Financial Group and Phoenix Payment. Phoenix Financial Group has obtained insurance, fund, credit and other licenses, but is missing a banking license.

Both Alipay and WeChat, which Phoenix Pay targets, have their own banking licenses to facilitate third-party payment services. Phoenix Pay is still cooperating with Jingzhou City Commercial Bank to carry out business.

Now the state is not so strict about the licenses of private banks. It has already issued 17 licenses.

…

There are two definitions of the so-called private bank. First, it is a bank that serves private enterprises. Second, it is a bank controlled by private enterprises.

The current private bank licenses issued by the state are mainly targeted at two categories. The first is large-scale, reputable private enterprises, which will be approved after they submit their applications. The second is Internet companies in the online payment field.

Alibaba, Tencent, and Suning all have their own banking licenses.

…

Yun Ruolin: Mr. Jing, in my opinion, it is definitely impossible for you to apply for two banking licenses. For you, which bank is the most urgent? I will try to clear the way. I don’t know if it will work.

ensure.

Jing Gao: Regardless of whether it works or not, Ms. Yun, I accept your favor. Phoenix Bank, a subsidiary of Phoenix Financial Group, is more important to me. Phoenix Payment can still deal with it anyway.

Yun Ruolin: OK, we will meet and discuss in detail. Bring me a copy of the information then.

Jing Gao: Okay. Thank you. Thank you. I’ll treat you to a meal next Friday night. You decide the place.

He is still vacationing in the hot spring hotel with Weiwei. He doesn't want to interrupt his vacation.
Chapter completed!