Monument Bank: Difference between revisions
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''<small>This article is about the Monument Bank. For information on its parent company, see [[Monument Group]].</small>'' |
''<small>This article is about the Monument Bank. For information on its parent company, see [[Monument Group]].</small>'' |
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The Monument Bank is a [[Pavian]] multinational financial services company headquartered in the City of Pavia. It is the largest bank on [[CivMC]] by client deposits, clients and total held assets. Monument Bank is the only bank |
The Monument Bank is a [[Pavian]] multinational financial services company headquartered in the City of Pavia. It is the largest bank on [[CivMC]] by client deposits, clients and total held assets. Monument Bank is the only bank on CivMC to be publicly traded, through their parent company, [[Monument Group]]. |
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With 48,446.14 diamonds in total assets<ref>https://discord.com/channels/523673816698978313/1029398446718865528/1169077609624248371</ref>, the Monument Bank is the largest bank |
With 48,446.14 diamonds in total assets<ref>https://discord.com/channels/523673816698978313/1029398446718865528/1169077609624248371</ref>, the Monument Bank is the largest bank on CivMC by assets. |
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== Corporate History == |
== Corporate History == |
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Revision as of 01:59, 31 January 2024
| The Monument Bank | |
|---|---|
 Logo of the Bank | |
| General | |
| Industry | Banking |
| Headquarters |  Pavia |
| Number of Locations | 2 |
| Key People | Creepi0n (Director) BritishWanderer (Director) Thraldrek (Director) |
| Number of Employees | 7 |
| Parent | Monument Group |
| Business | |
| Services | Banking Asset Management Loans Trading Commodities |
| Products | Holding Accounts Overdrafts |
| Coordinates | +720 -3030 Pavia |
| Financials | |
| Revenue | 1,250d (October 2023) |
| Operating Income | 679.92 (October 2023) |
| Net Income | 679.92 (October 2023) |
| Assets | 48,446.14 (October 2023) |
| Historical Data | |
| Established in | 14 April 2023 |
| Contact Data | |
| Discord | https://discord.gg/QJUdbdQ |
This article is about the Monument Bank. For information on its parent company, see Monument Group.
The Monument Bank is a Pavian multinational financial services company headquartered in the City of Pavia. It is the largest bank on CivMC by client deposits, clients and total held assets. Monument Bank is the only bank on CivMC to be publicly traded, through their parent company, Monument Group.
With 48,446.14 diamonds in total assets[1], the Monument Bank is the largest bank on CivMC by assets.
Corporate History
Monument Bank was founded on April 14, 2023[2], as part of a new service offering by the Monument Group and quickly outgrew its original planned operating space. Within just its first two weeks of establishment, the Bank already managed 12,442 diamonds in total assets and was serving 23 unique clients. [3]
The Group would restructure the Bank as its own division a month later and lay out new internal financial rules, including that of monthly financial disclosures to the general public.
The Monument Bank quickly became the second highest-revenue division of the Group, just behind Monument Goods. [4]
In May 2023, the Bank would become automated with the addition of Bertha the Bank Clerk, allowing Clients to automatically transfer funds and schedule withdrawals/deposits without the need for staff.[5]
On November 12 2023, Bertha would undergo a rewrite which would culminate with a myriad of changes to interest, account fees and further additional features.[6]
Financial Data
| All numbers in diamonds | |||||||
|---|---|---|---|---|---|---|---|
| Month | April '23[7] | May '23[8] | June '23 | July '23[9] | Aug '23[10] | Sept '23 | Oct '23[11] |
| Revenue | 162 | 483 | 497 | 550 | 1,117 | 851 | 1,250 |
| Net Income | -8.59 | 394.90 | 382.23 | 378.23 | 885.98 | 515.70 | 679.92 |
| Assets (Incl Liabilities) | 12,442 | 16,357 | 22,764 | 28,954 | 32,900 | 44,759 | 48,446 |
| Equity | 449.41 | 1,209 | 1,409 | 1,454 | 3,017 | 3,289 | 4,520 |
| Headcount | 3 | 3 | 3 | 3 | 3 | 6 | 7 |
Structure
The corporate structure of the Monument Bank is that of a tight-knit group of Directors and employees - Decisions which do not require parent company approval are usually dealt with internally via verbal agreement of the Bank Directors.
Philanthropy
The Monument Bank has provided the funding for multiple endeavors. In October 2023, the Bank became the funder for the International Hockey League prize pool and became the official sponsor of the games. On November 6 2023, the Bank would partner with CivWiki on the Editing Palooza 2023, to encourage more individuals to edit CivWiki. [12]
Offices
The Bank is headquartered in Pavia, and its main offices reside at 1 Main Street, City of Pavia. It also owns the building next door, Monument Bank Trading Hall, however its offices on the second floor remain unused.
In September 2023, the Bank opened its first international branch in Shiroyama, Nara.
- ↑ https://discord.com/channels/523673816698978313/1029398446718865528/1169077609624248371
- ↑ https://discord.com/channels/523673816698978313/1029398446718865528/1096531002794442752
- ↑ https://drive.google.com/file/d/1cnziJv3f1-GNC9uv7sV_TEDaHX9k6Rzn/view
- ↑ https://drive.google.com/file/d/1vHBd1RFFEkKI-oWY7GDFAAHKIjzjW-ru/view?usp=sharing
- ↑ https://discord.com/channels/523673816698978313/1029398446718865528/1107826561593380894
- ↑ https://discord.com/channels/523673816698978313/1029398446718865528/1173395415018786926
- ↑ https://drive.google.com/file/d/1c16MI12TRPYpv4knVXt6Z8PXBsP8fv1f/view
- ↑ https://drive.google.com/file/d/1Y6DC8SmOctgdxBW9UjR33eO7jWBsuE0m/view
- ↑ https://drive.google.com/file/d/1rCVLkjWWZsY_vKZNBoobmEUieVzqPKcV/view
- ↑ https://drive.google.com/file/d/1xiYpIlXhhdfiOmbbFjdnXtnfbQKUhqgt/view
- ↑ https://drive.google.com/file/d/1VzQWWeHfcWDQxOZlo-e0Yk0pyz72gdm6/view
- ↑ https://www.reddit.com/r/civwiki/comments/17p3bqo/civwiki_monument_banks_editing_palooza_2023/