The third point is the establishment of "credit ratings" to guide direction.
Orders were given for two offices to collaborate with the Market Regulation Bureau to gradually establish a reputation rating for various commercial firms.
Those with excellent ratings not only enjoy preferential treatment in terms of loan amounts and interest rates, but their issued commercial paper is also more recognized and circulated more easily within the Gu Clan's banking system, thus guiding commercial activities towards those who are trustworthy and compliant.
After finishing writing, Gu Lin put down his pen and explained to the thoughtful younger generations beside him, "In the past, the profits of banks mostly came from large-scale trade with aristocratic merchants."
"However, the water too clear has no fish, and the forest too dense allows no grass to grow."
"If the market is monopolized by a few, it seems stable, but is actually fragile and prone to corruption."
