Industry The Grand Bank of Yankun

Zazriel

Bridal Carried
Staff member
Member
The Grand Bank of Yankun
Financial Slavers

83126dc3f2ad.png
The Grand Bank of Yankun stands to be one of the more powerful civil institutions on Yankun. It is only recently established under the ownership of Lord Zazriel and managed through its CEO, Rhys Calder-Venn, with its headquarters raised in the capital city of Slavish.

The bank functions as a reserve and treasury, issuing credit and helping to maintain the financial stability of the world. However, its main purpose is providing the financial backbone for the planet's expanding slaving economy, with all major transactions being routed through their ledgers, recognized by the planetary governor and Slave Mistress of the Zula Dominion, Lord Leyrah Sendahl.

Through this agreement the bank offers;
  • Slave-Backed Credit Loans: Offers of credit to allow the expansion of slave operations without immediate capital.​
  • Labor Leasing Contracts: The arrangement of leasing slaves for temporary use without ownership changes.​
  • Insurance and Loss Policies: The underwriting of slave insurance policies, protecting owners against losses deemed outside of their control. I.E - Transportation losses (piracy etc.), environmental disasters or events authorized by law.​
In the circumstance that a client defaults on slave-backed obligations, the bank may enact recovery procedures which may include but are not are not limited to;
  • Seizure of bonded populations tied to the debt.
  • Consolidation of assets and transfer of ownership.
  • Extension of indenture terms to recover interest.
Their motto is Bonds through Chains and can be located on all official documentation.

Planetary Bank (WR13)
 
Top Bottom