These loan operations added up to a total of over five hundred thousand pounds borrowed from the Royal Bank, while deposit operations had only brought in nine thousand pounds of cash for the bank.
If it were not for Arthur's immensely wealthy assets, he probably could not have sustained such a massive consumption.
The good news was that with the injection of this massive capital, Australia was very likely to give birth to a batch of the petty bourgeoisie, farm owners, or other shopkeepers in the future.
After possessing sufficient startup capital, Australia should erupt into a wave of entrepreneurial enthusiasm in the future.
These people could similarly drive Australia's economic development and provide more income for Australia and Arthur.
"Butler Hunter, when can the branches in the other states open? Currently, the response to the Royal Bank in Sydney is very good, and it is also time to push the branches to the other states." After reading the report, Arthur placed it on the desk, then looked at Butler Hunter nearby and asked with a smile.
"Because the other states are far away, the opening times are also different. However, what can be confirmed is that within the next three months, the Royal Bank branches in the other states will also open successively," Butler Hunter reported with a smile.
The bank had no requirements for architecture and decoration, and only needed to find vacant houses on streets with relatively large pedestrian traffic for remodeling.
The only requirement was the vault for storing funds. The Royal Bank adopted a strategy of multiple large safes coupled with heavy guard deployment.
Although it could not compare to various advanced surveillance systems and security in later days, wanting to rob the bank's funds under such defense, besides a strategic weapon like Yan Shuangying,