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You are reading an article written by a citizen of eRepublik, an immersive multiplayer strategy game based on real life countries. Create your own character and help your country achieve its glory while establishing yourself as a war hero, renowned publisher or finance guru.

Bancrupcy or vacation?

Day 157, 11:46 • Published in United Kingdom Lithuania

• by benskius

Quote:
"Finance is the art of passing currency from hand to hand until it finally disappears."
-Robert W. Sarnoff

It seems to become the same here on eRepublik... or at least with '1st Commercial Bank'. I was wondering - how they are making things work...
In my opinion bank at least could have any business, cause the tactic: 'take money-pay interest' would never be effective...
OK it's possible to make profit out of this... just find some 'rich dudes' take money and don't pay interest and even attention to them... this way is alright, but could be 'a bit risky' in real life, but here - on virtual one it's OK..
No one reads the messages sent to the bank, so don't wonder to get no response from there... Or maybe '1st Commercial' secretary is on vacation... and it's just the case... So hopefully she will be back soon and things will get better then.. 😁

Comments

mr. brodie Day 157, 11:49

Messaging the bank doesn\'t seem to work lately. I think some new people were going to take over the bank, but no1 was accepted in the end.

Join the forums for more info 🙂 www.erepublik.co.uk

benskius Day 157, 11:53

I\'ve joined the forums.. I\'ve read all the discussion there... and despite the fact that nobody takes care of a bank, it comes \"on-line\" time by time 🙂

Dumathe Hunter Day 157, 11:58

Investment in Gold > Bank IMO

piperbunny Day 157, 22:39

JosephByrne has a nice bank alternative, read about it in his newspaper 😉
As for 1st Commercial, there have been a few complaints on the eUK forums...

shadowukcs Day 158, 03:59

yes, kaleb started it and it ran very smoothly in the beginning, but It takes allot of work and time to keep it running and that\'s where all the bank owners that came after came kaleb had a problem with.

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