Why do banks always cover their names with red cloth before opening the door?

All stores cover their names with red cloth before opening, not just banks.

The main reason is that the completion time of the signboard is not fixed. For good luck, merchants must choose a good day to open a signboard, but the signboard must be hung up first. So, first cover it with red paper or red cloth, then open it on a good day and set off firecrackers to celebrate. This is the official opening! ! ! ! Unveiling the red cloth is also a ceremony at the opening ceremony, just like cutting the ribbon to unveil the bride's red veil!

There is also a saying that it is related to taxation. It seems that Mengbu is a trial operation agent, and it costs less.