Pending tricks2002 - Financial Institution Registration

[tricks2002]

Username tricks2002

Company Name Redstone Financial

Company Type Commercial Bank

With this registration, you are also applying for a tax exemption. Do you understand you are subjected to all requirements and obligations set out by the Taxation Act? Yes

In-Game Trading Name Tricks2002

Company Description bank.

 

[Avaneesh2008]

@tricks2002 Please describe the services you will offer as a commercial bank

 

[tricks2002]

I'd like to offer bank accounts at low interest rates and loans, but make up for the low savings account interest by providing a stable and secure place to store player's wealth. I intend to loan out no more than 10% of deposits.

I know the server has had issues historically with banks, bank runs, poor management and company governance, etc. I have a background in data management and economics so I hope to use these skills to provide a valuable service to the citizens of Democracy.

I am still learning about the server and the systems used, so I will be starting slow and small scale. Though I hope to one day provide the go to place for fellow citizens looking to safely store money.

 

[xSyncx]

@tricks2002 can you provide your IGN and the ingame name of the company (/db)