Steve Jackson Games Forums - View Single Post - Would it be possible to stablish your own banks?

Anaraxes · 01-16-2019, 07:15 PM

A bank is just another company -- but one with a lot of regulations. So it's about as hard as starting any company with a few tens of millions in capital, plus getting approval from the regulators. Details will depend on the country you have in mind (your post says "Europe"). Not a gigantic hurdle just to create the company, but getting lots of depositors and customers is another question, which will call for lots of business skills.

01-16-2019, 07:15 PM	#3
Anaraxes Join Date: Sep 2007	Re: Would it be possible to stablish your own banks? A bank is just another company -- but one with a lot of regulations. So it's about as hard as starting any company with a few tens of millions in capital, plus getting approval from the regulators. Details will depend on the country you have in mind (your post says "Europe"). Not a gigantic hurdle just to create the company, but getting lots of depositors and customers is another question, which will call for lots of business skills.