[Western Bank] First Update: Good News!

Day 1,974, 12:12 Published in United Kingdom Norway by Major Lee Hung

Hello and welcome to the first update! My plan is to release between 1 - 3 of these each week to keep stakeholders up to date on operational news. In today's update, some pretty big news as we begin officially trading!



Investor News

All shares were sold within a few hours of issuing.

Shares
Yesterday's Price: £10.00
Today's Price: £10.48 (+4.8😵

Shares closed up today following large gains on the monetary market. Gold was bought at £225 and sold at £247, as its price peaked at £249 earlier today.

Various investments were made in key markets, which we expect to see a steady return on in the coming weeks.

I'll be making a group message soon; if investors wish to opt-in, we can conduct 'board meetings' through the messages and discuss future matters.

The list of share holders and current share information can be found here.

Trading News

A deal was struck with the MoF today to obtain an org to make full use of the monetary market. Despite the volatility, we made large gains thus far. (£440 on day 1) With an org to do this trading with, we can trade all day and make use of the no limit and volatile market to make many small gains.

The cost will be based on profits. 25% profit of every trade will be given to the Minister of Finance as commission in exchange for use of the org.

This will be a big boost for both the eUK and the Western Bank, as both will gain from our trades on the monetary market.

Promotions

A special offer will be given on loans this week of 8% interest on the total value of the loan. Borrow £1,000 and pay back only £1,080!

Share Trading

Interest in shares is very high at present. If you wish to sell your shares at any point, I will try to find another player to buy them; failing this, I will buy them back from the bank and re-issue them.

You're free to sell your shares at any price you wish to any player you wish - just make sure to keep me updated so I can amend the spreadsheet accordingly.

Upcoming Dates

The next press release will most likely be Friday, after dividends are paid out. I may issue another one in the meantime as I have some things planned for the next couple of days.

Dividends will be paid out on Friday. If any investors don't want their dividend and instead want it to be kept in the bank to be traded with, please message me before Friday afternoon.

A survey will be sent to shareholders on Saturday to decide next week's dividend rate. The rate is currently at 5%.


Thanks,
Joshua Whelan