NationStates Jolt Archive

The Global Banking Corporation Rotovia Ltd. today announces that National Loan Program will offically commence.

What is the National Loan Prorgram?

Well what all you have to do is invest an amount of money, over 10 million USD, in our bank and we issue a loan of up four times that amount. Your original investment is then held as collatoral for the loan.

What is the intrest rate?

We chrage only a yearly compound intrest which is calculated quarterly at 6%.

What if I wish to withdraw my investment?

Then you must repay our loan in full, including intrest.

What kind of loan security can you provide?

Both our loans and your investments are insured seperately by Rotovian Merchant Insurance with full coverage. The fees for which are deducted annually.

How much can I loan?
That depends on your current GDP, we cannot garuntee insurance for nations with low GDPs so such nations may only be able to loan smaller amounts of money, this is all dependant on an insurance evaluation.

What is the risks of this program?
If you can keep up the annual payments there are none on your part, also with the entire investment and loan insured there is no risk of you loosing your money.

http://img.villagephotos.com/p/2003-10/438237/GBC.JPG
Lady Nicoletta Baccheus
CEO of the Global Banking Corporation

An evil question from the Esamopian Ministry of Trade:

" Although your plan works well for nations that faithfully invest in your program, and the interest collected will keep the program profitable for your nation, how will Rotovia cope with the loss of a mischevous nation that invests, say 5 million USD, borrows 20 million, and then refuses to repay the loan and refuses to pay interest? "

While we would never do this, we are also in top financial condition, but will keep your offer around in the case that we meet upon darker days.

An evil question from the Esamopian Ministry of Trade:

" Although your plan works well for nations that faithfully invest in your program, and the interest collected will keep the program profitable for your nation, how will Rotovia cope with the loss of a mischevous nation that invests, say 5 million USD, borrows 20 million, and then refuses to repay the loan and refuses to pay interest? "

While we would never do this, we are also in top financial condition, but will keep your offer around in the case that we meet upon darker days.

"In such a case Global Banking Corporation, Rotovia Ltd. may be forced to reposess any items purchased with our funds. Furthurmore national assests may be confiscated to make up the differance. Such items would be auctioned off to cover our expences. However, if a nation genuinaly cannot pay alternative arrangements can be organised. We are not a heartless corporation."
Lady Nicoletta Baccheus
Ceo of Global Banking Rotovia Corporation.

OOC: Have all nations turned to barter or something? I am aware the image is not functioning, however sien I exceeded my daily usage Village Photos has placed hosting on hiatus for 24 hours. The image will be visable then.

OOC:
You'll have fairly good luck funding national research projects, they're common these days. Offer scientificially inclined nations your loan services.

isn't 6% a little high? I mean in RL the US's is only 5%...of course we are the only superpower and hence the safiest place to store money but still...

isn't 6% a little high? I mean in RL the US's is only 5%...of course we are the only superpower and hence the safiest place to store money but still...
Äs we have previously stated we are prepared to negotiate with legitmately needy nations. Any nation in a seriously dier situation would not be expected to pay anywhere that rate."
Mr Thomas Fetching
Director of Finance

isn't 6% a little high? I mean in RL the US's is only 5%...of course we are the only superpower and hence the safiest place to store money but still...
Äs we have previously stated we are prepared to negotiate with legitmately needy nations. Any nation in a seriously dier situation would not be expected to pay anywhere that rate."
Mr Thomas Fetching
Director of Finance

fair enough, my apologies. sounds like a good system...with any luck I'll never need it. I did at one point, though...glad that I got through it. :D

MSL would like to invest 100 million into this. We have deposited the amount in escrow and will be turned over to you as soon as terms are agreed to and loan wired.

MSL would like to invest 100 million into this. We have deposited the amount in escrow and will be turned over to you as soon as terms are agreed to and loan wired.
"A total loan of 400 Million USD has been issued by the Blobal Banking Corporation, Rotovia Ltd and insured by Rotovian Merchant insurance. 200 Million has laready been transfered to your accounts and the remainder will be tranfered pending our receiving your investment. Compound intrest will be set at six percent and calculated quarterly. Please be aware of your obligations of repayment and that you cannot withdraw your investment without paying your account in total. We thank you for your bussiness and ask that the money not be spent on Weapons of Mass Destruction. Though we cannot stop this, we do reserve the right to recall your loan if our money is used ireesponsabley"

Lady Nicoletta Baccheus
CEO of Global Banking Corporation

Investment dollars released from escrow, expecting other half of loan. When is Rostovian quarters calculated from?
We will be using this loan for peaceful investment oppurtunites in order to build our small economy.

Investment dollars released from escrow, expecting other half of loan. When is Rostovian quarters calculated from?
We will be using this loan for peaceful investment oppurtunites in order to build our small economy.
"The quarter intrest is counted from next quarter onwards. It is calculated at the end of each quarter. The blance has been transfered. Also note, That January, Febuary, March is counted as one quarter and so forth."

Mr Thomas Fetching
Director of Finance

The Empire of Finlandon is in great need of funding for an important project. That is, if you are able to make a loan of 1 Billion USD. We are ready to wire 250 Million when you confirm that you are able to make such a loan.

-Olaf Himberg, leader of Finlandon

The Empire of Finlandon is in great need of funding for an important project. That is, if you are able to make a loan of 1 Billion USD. We are ready to wire 250 Million when you confirm that you are able to make such a loan.

-Olaf Himberg, leader of Finlandon
A total loan of 1 Billion USD has been issued by the Blobal Banking Corporation, Rotovia Ltd and insured by Rotovian Merchant insurance. 500 Million has already been transfered to your accounts and the remainder will be tranfered pending our receiving your investment. Compound intrest will be set at four percent and calculated quarterly. Please be aware of your obligations of repayment and that you cannot withdraw your investment without paying your account in total. We thank you for your bussiness and ask that the money not be spent on Weapons of Mass Destruction. Though we cannot stop this, we do reserve the right to recall your loan if our money is used ireesponsabley"

Lady Nicoletta Baccheus
CEO of Global Banking Corporation

OOC: Finlandon, I require a response or I will not transfer the money.

OOC: he offline isn't he?

OOC: he offline isn't he?quiet you

:D oh by the by clikc on my area and look at the puppets i have look specifically at the colony ones :lol:

Yes, I am sorry for the delay. We have some... Issues to deal with. The money should be wired now. Finlandon thanks you for your cooperation.

-Olaf Himberg, leader of Finlandon

checks timetable

ohhhhhhh wait a minute... i'm supposed to emove of that dictatorship aren't i????
i think you should cancel the money

Yes, I am sorry for the delay. We have some... Issues to deal with. The money should be wired now. Finlandon thanks you for your cooperation.

-Olaf Himberg, leader of Finlandon

"The remaining funds have been transfered, we thank you for your patronage"

Mr Thomas Fetching
Director of Finance

Feel free to enquire about our corporate loans also.

The Nation of Finlandon wishes to repay it's recent loan done by the former, now removed and convicted criminal, leader. We also received an generous aid of 350 million USD from the nation of Haukka. 1 Billion USD has been transferred to your banks accounts. If you could tell us how much we own for the interests, we will pay as fast as possible.

-Dewal of the nation of Finlandon

The Nation of Finlandon wishes to repay it's recent loan done by the former, now removed and convicted criminal, leader. We also received an generous aid of 350 million USD from the nation of Haukka. 1 Billion USD has been transferred to your banks accounts. If you could tell us how much we own for the interests, we will pay as fast as possible.

-Dewal of the nation of Finlandon

We appologise for the delay in processing your enquiry, however your account had to be investigated by the Minstery of Free Trading due to your recent military activity.

Pending the transfer of funds your account will be closed and you withdraw your investment. The total intrest to date is 30 000 000 USD, however 20 000 000 has been covered by insurance and the Rotovian Government.

Ms Janice Stanford
Senior Board Member

I Sheik Mohammed Bin Aldeeb of the Bedou Nomads.
Have been searching for an international banking facility, it is after all much safer then the tents.
We like to invest 7 billion$ with you to hold for the possible future loans we might need to take out.
We of course hope to increase our holdings with you rather then take loans out, but for the moment 7 billion is all we can spare.

I Sheik Mohammed Bin Aldeeb of the Bedou Nomads.
Have been searching for an international banking facility, it is after all much safer then the tents.
We like to invest 7 billion$ with you to hold for the possible future loans we might need to take out.
We of course hope to increase our holdings with you rather then take loans out, but for the moment 7 billion is all we can spare.

Your money will be transfered immediately. A new account has been set up and an annual intrest rate has been set at 4%. We thank you for your bussiness and your money is good hands, Rotovian Merchant Insurance has already aggreed to cover the amount.

Lady Nicoletta Baccheus
CEO of Global Banking Corporation

The Five Civilized Nations will deposit US$10 billion into an account in the Global Banking Corporation Rotovia Ltd. especially to be loaned to other nations.

(OOC: What's the interest rate for deposits?)

The Five Civilized Nations will deposit US$10 billion into an account in the Global Banking Corporation Rotovia Ltd. especially to be loaned to other nations.

(OOC: What's the interest rate for deposits?)

Your money will be transfered immediately. A new account has been set up and an annual intrest rate has been set at 4%. We thank you for your bussiness and your money is good hands, Rotovian Merchant Insurance has already aggreed to cover the amount.

Lady Nicoletta Baccheus
CEO of Global Banking Corporation

Global Banking Corporation, Rotovia Ltd is proud to announce an increas of intrest rates on all accounts. The result will be an increase of all accounts under 100 Million USD from 6-7% and accounts over 100 Million USD to 10%. This will not affect any nations, corparate or private loans.

http://img.villagephotos.com/p/2003-10/438237/GBC.JPG

Erinin representing the AoH would like to deposit.
the sum of $61,721,880,000.
This a combined regional deposit.

TO Global Banking Corporation Rotovia Ltd.
Regarding: The Bedou holdings, and the creation of a seperate account.

"This is a Faddia Asiir Al Fathan the Cheif financial advisor to the Bedou Sheik.
I have been placed in control of international finance.
The current 7 billion$ account will have an additional 7 billion$ added,hence forth from this date on the 23 of every ( month/RL time.)
7billion will be added.
Also we would seek to create an additional account.
Our opening deposit will be $100,000,000,000.
The Nation of Erinin will be allowed to 'lean' on the this deposit as collateral for a loan.
Please confirm the transaction.

The Nation of Erinin having final control over the AOH funds being handled by Bedou withdraws all AOH holdings.

Per an alliance vote.
Aided by the Lobbyingof Bedou.
We concede the Rotovian reputation requires us to allow the original deposit of Bedou's 100,000,000,000. To stand, as well as the 7bill monthly deposit.