NationStates Jolt Archive

NationsStates Banking Corporation

http://www.bankofengland.co.uk/GRAPHICS/bank.jpg

Welcome to the NSBC. We are a new banking company, run by various members of The Unforgiven. Although we have just started buisness, and are taking orders for accounts, we alreadly have over 30 accounts and more than 75 billion in assets. Before you go any further, I'd like to ask you some questions:

Do you want to acquire interest on money you have?
Are you interested in investments?
Are you being invaded?
Do you need to take out a loan?
Do you need a safe deposit box to protect your valuables?
Do you need insurance in various aspects of your nation?

If you answered yes to any of those questions, please visit our forum (http://s7.invisionfree.com/NationStates_Banking/index.php?act=idx) for more details. The NationStates Banking Corporation can help you solve your problems by providing you with a way to protect the money you have and gain more money while you're at it. However, if you've been down on your luck, we can help you too! The NSBC can provide you with a low interest loan, regardless of your nation's size!

We wish you a pleasant visit, thank you for concidering the NSBC to handle your banking needs.

If any nations currently have stocks going on their storefront, the NSBC will gladly purchase these shares.

OOC: Sounds like a good start. There are individual banks in real life whose worldwide assets are measured in the trillions.

http://www.globalcustody.net/default/custody_assets_worldwide/

Good idea, although not useful right now, it might be handy later on.

Well, to be honest, we haven't gotten around to calculating the totals in the accounts yet, but there is one account with fifty billion in it, so I just estimated after that. I'm sure that it's more than 75 billion. However, we do have over two trillion dollars worth of stock in various companies. (We use our regional reserves to back us up with capital).

Shonar Bangla, your telling me that more money isn't useful? You get 1.25% interest on the money in your account, which is calculated on Sunday. How can you pass that up? Create an account, deposit money, and you get money by doing nothing!

OOC: Ah, real money is not created by sinking into savings, but in active pursuit - such as stocks, mutual funds, etc... If your money is in a bank - you have to factor in the rate of inflation. But I digress...

IC:

Power Financial has been made aware of this new "bank" and wouldn't mind keeping their options open.

Oh of course, what I was talking about was that we didn't need to borrow, but yes, we are interested in depositting in your bank, and watch the money grow, lol.

The NSBC is growing rapidly. We are introducing Insurance and a new Proxy Buying service in the not to distant future. Our safe deposit box business is booming and we get about two new accounts a day.

Come and be a part of the NSBC and join the long line of happy customers. Don't accept any cheap knock-offs as banks, you should only trust the best, the NSBC.

BUMP

Though you may be tempted by other banks started by other nations, the NSBC is the original bank, the one that had the first forum, the one that first had a reasonable system for a bank.

Don't go and visit other, shody banks where your money isn't safe, and corruption abounds - visit us with the most secure facilities of any bank, plus a very helpful administrative team.

*Laughs...*

Actually, while we're not offering stock at this time to banks, I wouldn't mind authorizing our Finance deparment to purchase a large block of shares in your bank. Say, a 25% stake?

Isiliel nos Eärendil
President, FëaCapital Corp.
A proud subisidary of Fëanor Holdings Group, Inc.

At the moment, we are not selling stock AS SUCH, however, by making a deposit in the bank, you give us access to those funds which we use to improve our service and make money for you. Stock in the bank is currently closely held within the Unforgiven at the moment, but we will inform you should that change.

If you wish to invest, go

http://s7.invisionfree.com/NationStates_Banking/index.php?act=idx

and follow the easy instructions on how to open an account. Thank you for your interest, and stay in touch!

Arkady Pridubla,
Director of Financial Assistance, NSBC

*wonders who regulates the bank*

*wonders whether to create the Wombat Financial Services Authority*

*wonders whether the bank adheres to the Basel II accords*

*wonders ... oh, enough wondering already!!!

[tag for wondering Wombat bait]

:lol:

WN

BUMP

The Muktar Corporation tries to buy stock in the NSBC. A lot of stock.

As stated above, currently NSBC is not traded publically, though due to the volume of requests, the discussion has been reopened.

As for regulation, the bank is currently run by members of the Unforgiven region. Because we have a guarunteed interest rate of 1.25% per NS year, regulation is a moot point. However, if you wish to learn more about the functioning of the bank, and the several securety tests one of our clients put us through (a fraud test, an armed assault simulation, and an attempted hacking) which we passed with flying colors, please come here:

http://s7.invisionfree.com/NationStates_Banking/index.php?act=idx

Shares in the NSBC will more than likely be traded. At the moment numbers of shares to be released, along with the percentage to be made to non-NSBC staff is currently under scruitiny, however this looks like it will be a pernament addition.


Phoenixius
Assistant Manager

Shares in the NSBC will more than likely be traded. At the moment numbers of shares to be released, along with the percentage to be made to non-NSBC staff is currently under scruitiny, however this looks like it will be a pernament addition.


Phoenixius
Assistant Manager

Muktar Corporation practically leaps to buy all the stock available to non-staff.

*Tag*

Share types and numbers are being finalised at the moment. Current estimates put the number of shares to be released at 1bil, roughly 40% of the total shares. There will be two types of shares, each around $100. The cap on each nations purchase of shares directly from the NSBC is estimated to be around 1mil.

Final details shall be posted in a new thread when they are available.

Thank you for visiting the NSBC.

Phoenixius
Assistant Manager

BTW, the site is having problems...

Is it really? I'm on it now, and its fine.

BUMP

The Imperium being interested in strong economic possibilities and a strong participant in the World Economy, would like to inquire as to the interest rates available on accounts in the NationStates Banking Corporation.

Department of the Treasury
located in Drako Throne,
capital of the Grand Dominion of Drakonian Imperium

Camdeans top financial officer has revealed he is interested in creating an account for our growing nation, and would like to know the benefits of using the bank. We have vast stocks of cash that are dormant and could be put to better use.

Drakonian Imperium: The interest rates are 1.25% per year. However, to save the stress on the staff, this is calculated each Sunday (RL) with a 8.75% interest.

Camdean: There are many benifits, including gaining interest on money stored in the NSBC, being able to take out loans (though you probably won't need them), having your money in a safe location, where no-one can access it, you can take out insurance for various things, future-proffing yourself against calamities.

In that case Camdean would like to invest 500 billion euronets into the bank

To do that, Camdean, you will have to register on the forum, and ask for an account to be created. Then we can offer you any of our services.

Phoenixius
Assistant Manager

BUMp