Chen Dong's East Asia Bank entered the Russian Federation a full month earlier than Western banks!
Therefore, during the middle of the struggle, when East Asia Bank began to rise, Western banks were caught off guard.
A stunningly beautiful Russian woman with a hot figure stood at the entrance of East Asia Bank, attracting the attention of many.
These beautiful women always have various small gifts, candies, cookies, and the like in their hands.
You can get a free gift if you come into contact with these beautiful women at the entrance of Dongya Bank.
These gifts are not expensive, but they are eye-catching in this day and age.
What thoughtful service!
This is a superior experience that Russians have never had before.
In an instant, besides the men who were busy looking at the beautiful women, many women were also attracted to come over.
The beautiful women were handing out things while vigorously promoting the various financial services offered by East Asia Bank.
Entering the lobby of East Asia Bank reveals a completely different scene.
The entire lobby of East Asia Bank was transformed into a reception hall, with an elegant ambiance reminiscent of a sophisticated Western restaurant.
Here, people can sit down and enjoy free drinks, from coffee to tea to sugar water, there's something for everyone.
Of course, if needed, you can have a glass of vodka, but vodka is limited.
After all, this is a bank; if someone gets drunk and causes trouble, the scene won't be pleasant.
In addition, East Asia Bank will offer more gifts based on the amount of savings deposited by customers.
The savings amount is divided into ten different tiers, with the lowest tier receiving an exquisite dessert gift box.
The highest tier includes a World Liquor Gift Set, which contains ten distinctive bottles of liquor.
You should know that in Russia, no one can resist the temptation of strong liquor.
Moreover, this kind of wine contains ingredients that ordinary people cannot buy.
Of course, for Chen Dong, who possessed a large amount of supplies, this was nothing more than a drop in the ocean.
As soon as this measure was implemented, the number of savings customers at East Asia Bank surged instantly.
one day!
Two days!
ten times!
Hundreds of times!
The rapid increase in depositors in a short period of time has made even professional elite staff feel that it is difficult to break records in their careers.
Western private banks also followed suit and began to imitate the model of East Asia Bank.
However, they did not have a large amount of supplies, and their preparations were insufficient.
The capital behind Western private banks is no longer able to acquire large quantities of supplies at extremely low prices, because those supplies have long since fallen into Chen Dong's hands!
When these people realized that they had been outmaneuvered at every turn, they were still lamenting the despicable nature of East Asia Bank and its amazing capabilities.
These people had no idea that all of this was the result of Chen Dong's maneuvering.
Thus, in the battle for the low-end retail investor group, Western private banks did not gain any advantage.
Meanwhile, East Asia Bank's interest rate increases for mid- to high-end depositors are also causing headaches for Western banks.
First, East Asia Bank raised its annual interest rate from 3% to 5%.
This near doubling of spending has caused Western private banks to lose some of their high-end clients.
Western private banks, realizing the situation, after some discussion, ultimately gritted their teeth and followed suit by raising their annual interest rates.
Even so, those customers who have already left will not come back.
Western private banks can barely retain the remaining customers they have.
To their surprise,
The next day, East Asia Bank gave each of its high-net-worth depositors a cash gift package.
This cash gift package is made directly in US dollars.
The amount is equivalent to adding an annual interest rate of 1%.
After all, high-end depositors are not an exceptionally large group; their value lies in quality, not quantity.
This kind of trickery is something that East Asia Bank can handle internally.
Following that, Sim hosted a high-end depositors' exchange meeting at Moscow's largest hotel.
East Asia Bank provides full-service reception for all high-end depositors who wish to participate.
This so-called exchange for high-end depositors of East Asia Bank has been transformed into a gathering of bigwigs.
Many people gained benefits beyond interest from this gathering.
After all, connections are sometimes very important in this industry.
East Asia Bank's bizarre actions came one after another, like a raging flood, leaving Western private banks dumbfounded.
When they started imitating, a group of high-end users decisively switched to East Asia Bank.
These high-end users are not stupid.
They continued to monitor the situation at East Asia Bank.
Many people are taking a wait-and-see approach, after all, with an annualized interest rate of 10%, they want to see if they can get the money back.
However, East Asia Bank was subjected to these people's relentless probing.
Without exception, none of the high-end depositors were disappointed.
Meanwhile, the battle for depositors between East Asia Bank and Western private banks had reached a fever pitch.
The two sides went back and forth, with East Asia Bank gaining the upper hand every time.
In contrast, the situation with the state-owned banks of the Russian Federation appears particularly strange.
Because it's a state-owned bank, the employees' enthusiasm is there.
In addition, the entire system was rigid and lacked the rapid response capabilities of East Asia Bank.
The disadvantages of state-owned banks quickly became apparent, and they were completely relegated to the bottom of the food chain in this financial feast.
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