The Bank of Abadar

The Bank of Abadar in Tusk is now the administrator of a small pool of BP's on behalf of several local investors.  So loans of up to one BP may be available to anyone who needs some extra funds for a building or business development anywhere in Midmarch.

Conditions of the loan:
 - 50% interest (i.e. borrow 1BP, repay 1.5BP)
 - To be repaid over the next two three Kingdom turns (repay 1BP next turn and the final 0.5BP on the following turn i.e. repay 0.5BP per turn for three turns.)
 - Subject to the proposed development being approved by the relevant Council or authority in charge of the settlement where the development is proposed.

If anyone would like to enquire about a loan, this is the place to do it.

Similarly, if anyone has BP they don't have a use for and would like to add them to the funds available for loan, this is the place to do it.
This message was last edited by the player at 15:46, Thu 25 June 2020.

If anyone happens to be just a little bit short of the funds needed for that new business enterprise, you know where to come for a loan.

A customer drops a handful of coins on the floor, and scrambles to pick them up, while the others look on in amusement.

The Banker helps the embarrassed customer to pick up the coins, then very kindly suggests they might be a lot safer if deposited in the bank.  :)

OOC: Loan terms revised in the post above.

Sounds useful. Safiya is either 0.5 BPs short from buying some more boats, or has 0.5 BPs just sitting useless this round. Preferably former - what would be the terms on a 0.5 BPs loan? I'd rather not split my BPs down to 2 decimal places, so would 0.8 BPs over three turns or even 0.7 over two be acceptable?

Hargrym approached the tellers and asked "I was wondering if I could organise a loan, we are looking at setting up a master jewellers in New Dawn as it would appear there is gold there."

In reply to Safiya Vallani (msg # 6):

The Banker considers Safiya's question thoughtfully for a long moment then nods.

"I think either of those options would be quite acceptable, Miss Vallani. I will need to double-check one or two administrative details but I don't think we would have a problem either way."
This message was last edited by the player at 15:10, Fri 26 June 2020.

In reply to ~Hargrym Silverhammer (msg # 7):

The Banker considers Hargrym's question quite a bit longer before responding.

"That would be quite an investment in a small, fledgling settlement like New Dawn, Mr Silverhammer. You might find that the settlement itself may not yet be able to supply the other resources required to support something as lavish as a master jeweler's workshop straight away. In all honesty, the Bank's resources are somewhat limited as well. You might find it is necessary to start with a smaller jeweler's workshop this year, prove to everyone that it really is sustainable, then aim to expand to your master jeweler's workshop next year."

A clerk sorts through some papers, before selecting a document and passing it to the banker.

In reply to Andalon de Lebeda (msg # 8):

Safiya is thoughtful for a moment before answering a question with a question of her own. "What about a larger loan? One that would allow me to invest more heavily into my operations upstream?"

After running the numbers, a loan of 1.4 BPs would give me the most bang for my buck. At the proposed terms that would come to paying back 0.7 BPs for 3 rounds. Would that be acceptable?
This message was last edited by the player at 16:55, Fri 26 June 2020.

The Banker smiled.

"We do have limited resources ourselves at present. We are currently only offering loans up to twice the size you initially asked about."

Basically two loan amounts are currently available (0.5BP or 1.0BP), with a few variations on repayment options:

1. Borrow 1.0BP, repay 3x0.5BP over 3 turns
   
2. Borrow 0.5BP, repay 3x0.25BP over 3 turns (or if you don't like 2 decimal places you can repay 0.7BP over 2 turns or 0.8BP over 3 turns).

Any development opportunities generally cost multiples of 1.0BP or 0.5BP, so you generally wouldn't be able to do anything with odd fractions of BPs anyway until they add up to half or full BPs. If someone really does need a fraction of a BP we can discuss at that time.

"Understandable."

Because of taxes, players running strongholds often have to deal with smaller fractions of BPs. In particular, Safiya has 0.6 BPs left for this round, so she would need 0.4 or 1.4 BPs more for something really useful.

Would a loan of 0.4 BPs over three rounds (0.2 each round) be acceptable? I did not propose that earlier as I did not wish to nickle-and-dime you with such small amounts. It would fit my projected income for next round though, as I will have exactly 0.2 BPs leftover then.

Hargrym scratches at his chin for a moment in thought."Aye I believe that would work also, might be better I suppose in the long run.  Once I have heard from New Dawn I'll confirm our plans.  Torag's grace upon ye" he rose, shook hands and headed out to await developments.

In reply to Safiya Vallani (msg # 13):

"Yes, we can certainly do that," the Banker agreed.

Domitius approached the teller "My good man I would like to enquire about the possibility of opening a line of credit with the Bank on behalf of Winter Sun Merchants.  We seek to expand our business and support trade throught Midmarch and beyond."

"We can certainly set up the necessary paperwork, Mr Domitius, but our resources are somewhat limited at present. I understand that Mr Silverhammer is one of your people and we are already  in talks regarding a loan for a business interest he represents in New Dawn. We would feel morally obliged to share our resources more widely than just one merchant company if there is interest from other people in Midmarch as well. We will need to wait a little while to see who else applies for a loan before we could commit to a further line of credit for Winter Sun," the Banker relied.

In reply to Andalon de Lebeda (msg # 15):

Safiya steeples her hands. "Excellent. Will you draft the necessary agreement then?"

Loan of 0.4 BPs for 0.2 BPs for the next 3 rounds?

Domitius blinks a couple of times "I see, well I suppose it would be different if one of your Tusk fellows asked.  Where as if it's someone from the smaller settlements you turn your nose up.  Very well, if that is the way you run things here then perhaps Lord Kendrick should apply.  Good day to you sir. Domitius rose and left the bank.

Adoven strolls into the Bank. "Ah, Andalon. Good day to you. Have you a minute to discuss something?"

"Greetings Adoven, it is a pleasure to see you again. Just a moment."

He watched Domitius leave then shrugged and turned back to Safiya.

"Certainly Safiya. I will have the papers drawn up straight away. Consider the loan yours whenever you are ready to put it to use."

Then back to Adoven.

"I've never known it so busy in here but I think we have an opportunity now for that discussion," he agreed.

Adoven smiled. So good to be dealing with a professional. "Not a problem, I understand completely. I don't know if you heard, but I bought a mule train and serai in Feyfalls. I need to build a Serai here as well to set up a route, but I fear I've overextended this season. I need to borrow (1 bp), and need to know your terms for repayment?"

In reply to Andalon de Lebeda (msg # 21):

"Very well then." Once the proposed agreement has been signed, Safiya nods a farewell and takes her leave. "Till next time."

Done and done.

In reply to Adoven (msg # 22):

"I think we can manage that. The usual terms of the loan would be three repayments over three years (Kingdon turns), each equal to half of what was borrowed, so the total repayment is one and a half times what was borrowed," Andalon explains.

Adoven agrees to a loan of 1 bp, repaid by 3 payments of 0.5 bp over 3 turns.

"Right we will go ahead with the loan, the more work we Silverhammers can find in Midmarch the more likely we will get recognition within the Stolen Lands and maybe a hold of our own." Hargrym replied after taking some notes and comparing figures.

"That sounds good, Mr Silverhammer, but we will just need to double check that you will be able to make the repayments when they are due," the Banker advised as he sat down with Hargrym to go over the dwarf's figures.

"Oh of course it shouldn't be an issue, House Solanus is underwriting our efforts and will be the owners, we Silverhammer's will of course be running things." he leans in conspiratorially "Great with a blade but not the best brain for these sorts of things which I am sure he would admit."

"House Solanus, yes, I see. I will see about having the papers drawn up."

A clerk comes forward with the right papers.

Summary of bank loans starting year 4715:

• Safiya Vallani
• Adoven
• Hargrym Silverhammer with Domitius as guarantor

Hargrym walks in too the bank, and searches out the banker. "Since the last time we spoke, I have had a bit of good fortune, and I am able to repay my whole debt immediately."

"Well, thank you very much, Master Silverhammer. Such prompt repayment of your loan will certainly stand you in good stead if you ever wish to apply for another loan from our bank," the Banker replied with a warm smile.

Cyrus had been preparing for this journey for some time. Valoria missed her cousin dearly and had proposed a way to have him visit Ringbridge more often. And so it was with a broad smile on his face, knowing he was acting in the best interest of his family and the burgeoning town of Ringbridge, that he opened the doors to the Bank of Abadar and asked the clerk to see Andalon.

When the man appeared, Cyrus greeted him with a strong handshake, grabbing Andalon’s right hand with his own and his right forearm with his left hand, signifying the trust and bond they had formed over the years. “It has been too long cousin. You look well. And this,” he let his left arm leave Andalon’s forearm and spread his hand around him gesturing to the interior of the bank, “Well clearly you have done well for your lord, my good man. Valoria sends her love and she ordered me to beg you to pay us a visit at your convenience, of course, to see our boy. He is quite the young tot now.”

"Well met, cousin. I have been meaning to make the trip to Ringbridge to visit your growing family and see how the place has grown from the ring-fort we helped capture from those bandits years. Is it that many years already? I tell you what, I will travel back with you when you go home to Ringbridge. There is no better time than the present and I can't think of a more enjoyable way to spend a week at this time of year."

Andalon smiled and clapped Cyrus on the back as he committed himself to the journey.

Cyrus smiled and said, “Well it is settled then. I would be honored to have you travel with me and show you the improvements along the way. We’d also hoped you’d consider sponsoring a presence of Abadar in Ringbridge in the coming days. I know much is being invested in Tusk and that Kunlun is becoming a religious center of sorts, but I hope to have the gods and goddesses of this land worshipped in Ringbridge as well. My good friend Gandred has invested in a Shrine to Torag and Abbess Beatrix has a Holy House dedicated to Pharasma as well. I know Valoria would like a presence that she is fond of herself. I am considering how we might honor Abadar with our economic expansions as well and hope to speak to Henry about expanding the market he built into one that supports the broader region. These are all just thoughts mind you. I would welcome your advice given the success you have had in your endeavors over these past few years.”

He paused before concluding, “Before I return, I have to look into the efforts needed to expand our house here into a mansion. That would allow Valoria to spend more of her time here. I have also heard of the Duel and have been considering entering my name. I perused the rules and they won’t allow my favored weapon, but I could make do with a smaller blade and shield.”.

Gaius shows up at the bank to deposit the first payment on the loan. "Lady Vallani is back in Restov for the moment, so she has send me to repay part of her loan due at this time."

Paying back part of the loan for Safiya Vallani, 0.2 BPs.
This message was last edited by the player at 15:01, Tue 22 Dec 2020.

"Thank you Master Gaius. Lady Vallani is a valued customer of ours. Please pass on our best wishes to her when you see her next."

---

With the repayments received or due on existing loans the Bank of Abadar in Tusk City currently has a total of 2.8BP available to loan. So loans of up to one BP may be available to anyone who needs some extra funds for a building or business development anywhere in Midmarch/Tusk/etc.

Conditions of the loan:

• 50% interest (i.e. borrow 1BP, repay 1.5BP)
• To be repaid over the next three Kingdom turns (i.e. repay 0.5BP per turn for three turns.)
• Subject to the proposed development being approved by the relevant Council or authority in charge of the settlement where the development is proposed.

If anyone would like to enquire about a loan, this is the place to do it.

Similarly, if anyone has BP they don't have a use for and would like to add them to the funds available for loan, this is the place to do it.

Marik steps into the bank, casually glancing around to see if his adventuring companion Andalon is anywhere to be seen. Stepping up to the teller, he nods and offers a friendly smile, "Hello, I would like to inquire about a loan for some development I'm considering near New Dawn."

There is no sign of Andalon in the bank today but the teller that Marik spoke to asks Marik to take a seat while he fetches the bank manager.

"Good afternoon, Sir. I understand you have asked about a loan for some sort of development up at New Dawn. We may be able to help you with that. Would you mind telling me what you have in mind?"

Marik nods, "Yes of course. I'm looking to build a ranch just a bit outside of my growing town of New Dawn to help train the horses, hunting dogs, and the like for the scouts and cavalry in the area. I have the majority of the funding to do so, but require a small loan (1BP) to complete the project."

The bank manager nods thoughtfully before smiling and replying.

"Certainly, Sir. We know that you already have more than sufficient assets to cover the loan, so we can certainly provide the loan you require. I trust that the standard terms of our loans are acceptable to you. The interest on the loan is half of the amount borrowed, with three repayments equal to half of the amount borrowed, paid over the next three years. If you agree with that arrangement I will have the papers drawn up straight away."

Adoven enters and waits to speak with Andalon. He carries a bulging satchel stuffed with papers and other things.

With the bank manager busy with another customer already the teller asks Adoven to take a seat and wait while a runner fetches Andalon, the Banker, from the cathedral of Abadar. Adoven is offered something to drink while he waits.

Andalon arrives about ten minutes later and invites Adoven to come through to one of the back rooms where they can speak more privately.

Marik nods to the teller, "Yes, those terms are acceptable. Thank you."

Adoven opens his satchel and turns over letters of credit. He says "these pay for the balance of my loan. I would normally say that concludes our business, but I have a further proposal for you." Adoven pulls artist's drawings and tables of numbers. "I am in the midst of upgrading the military College to a Military Academy. It's very expensive, and will. be delayed until I can scrape up more funds for it. This potential Civil War frightened a lot of us. I wish Tusk better prepared to ward off Adventurism from the South. Have you enough Capital on-hand to help me finish the project quickly?"


OOC: It will take 1.5 more bp to finish the Academy this Turn.
This message was last edited by the player at 09:39, Fri 08 Jan 2021.

Somewhere, deep inside the bank a small bell rings.

Andalon had a look through Adoven's documents before replying.

"We can certainly provide a loan of 1BP but I would have to check the ledger and see whether any other borrowers are waiting in the wings. We do try to distribute the available funds to as many people as we can," he explained.

OOC: I thought the balance was 0.5 bp, which I can pay now. Is my amount Owed 1.5 bp right now?

"If it is available, I would need an added 1.0 bp. I know I still owe on a previous Loan, but my prospects are excellent and we are an expanding business. We'll be able to make our payments on time, easily."

OOC: Adoven - see msg #25 in this thread. 1.0BP borrowed last turn, 0.5BP to be repaid this turn, 0.5BP next turn and another 0.5BP the following turn.

"We have just made arrangements to loan 1BP to Laird Marik. With your 0.5BP repayment we will have a total of 1.8BP on hand. I regret that, as a matter of principle, the Bank of Abadar must insist on repayments as they fall due. If no one else applies for a loan the Bank would then be able to loan you the full 1.5BP that you require for your Military Academy. However, if someone else applies for a 0.5BP loan the Bank would only be able to lend you 1BP (or technically up to 1.3BP) and you may need to find an alternative source for the remaining portion," Andalon explained to Adoven.

Adoven nods. "I fully understand. It was more an afterthought while I was walking over here that another loan could speed up my construction schedule. I won't have any problem repaying the loan and with interest as agreed. "

Some time later Andalon and Adoven meet up again for an update.

"Well, it looks like there are not any other applicants for loans at the moment, so I think we can confirm that 1.5BP loan for your Military Academy now," Andalon reported with a smile.

"So, what would the repayments be? You are making your first 0.5BP repayment on your existing 1BP loan now, so you have two more 0.5BP repayments to make on that first loan.

"The 1.5BP loan would normally require repayments totaling 2.25BP over three instalments. However, if you were to make the first repayment of that loan a full 1BP payment, followed by two more 0.5BP repayments, we would be willing to reduce the total repayments to 2BP for that 1.5BP loan as it would build up our reserves again more swiftly that way and we can lend it out again sooner that way. Are you happy with that suggestion?

"Overall, that would mean your repayments would be 0.5BP now, 1.5BP next turn, 1BP the following turn and 0.5BP the turn after that. Total repayments of 3.5BP on loans totaling 2.5BP."

Adoven thinks it over, then nods. "Generous terms. I accept, and V&A thanks you." He offers his hand to seal the deal.

It was mid-morning-ish as Rana approached the bank almost warily.  She was dressed much as she had been the day before in high-waisted, wide legged trousers of a dark grey paired with a light blue, long-sleeved blouse, boots, her cloak and carrying her backpack. After speaking with Marik the previous evening, she thought that, perhaps, having her all her coins close at hand might not actually be the best option and, on Marik's recommendation she decided to see what this bank business was all about.  She wasn't certain of protocol when she entered, so she glanced around looking to try and determine who might be the person to whom she needed to speak.
This message was last edited by the player at 19:28, Mon 11 Jan 2021.

In reply to Adoven Lodovka-Sud (msg # 53):

Andalon smiled again and shook Adoven's hand to seal the deal.

"Excellent. I will have the papers drawn up immediately and the funds will be available for you as soon as you need them."

In reply to Rana Nervetti (msg # 54):

A bank teller stepped forward as soon as it became apparent that the young lady appeared a little unsure of who to speak to.

"Good morning, madam. Welcome to the Bank of Abadar. How may we assist you today?" he asked politely.

Rana smiled at the teller who approached her.  "I've not been in a bank before, so I'm not sure if you can help me; however, a friend suggested that this would be a safe place to deposit coins. I don't know if you have a minimum requirement or how it works with getting my coins back when I need it?
If you could explain how this work, it would be helpful."

The teller smiled back warmly at Rana.

"Certainly, madam. The arrangements are quite straightforward, really. We don't charge any fee at all when you deposit money or valuables into the bank. A fee is only charged when you withdraw your money or valuables - that means when you take them back out from the bank again. The fee charged is 5 percent of the amount you wish to withdraw, which means 5 parts out of every 100, or 1 part out of every 20 that you withdraw," he explained.

Rana nodded at the teller's explanation, then gave it a bit more thought, before she responded.  "You have certainly explained the process well, so thank you very much for that."  She smiled at him, but sighed lightly.  "The fee seems reasonable and I'm certain that I will be back, but for now, I don't think it would make sense for the small amount of coins I have.  I thank you again for your assistance.  It has been a pleasure to speak with you."   She nodded politely to the man, before leaving the bank, all the while trying to quietly calculate percentages under her breath.

Gaius once again shows up with gold to repay the loan taken by the Vallani holdings. "Good day. Mistress Vallani has sent me to settle her debt towards the bank of Abadar. I believe you will find all of the remaining payment here."

Paying back the rest of the debt for Safiya Vallani in total, 0.4 BPs. I know the terms were 0.2 BPs this round and the last 0.2 BPs next one, but since I have exactly 0.4 BPs left over this round, I might as well clear the whole thing now.

"She also asked me to inquire of potential future line of credit. Can a new loan be taken at this point?"

Now that the old loan is settled, would a new 1 BP loan be possible? 1 BP is a maximum available, right?

"Thank you for that repayment, Master Gaius. I expect that we will be able to offer another loan shortly, although we may have to send a few letters reminding our other customers that their repayments are due before we actually have funds available for loan. Yes, our policy is generally only a 1 BP loan unless we have more funds available than there are people wishing to borrow."

"That would be perfectly fine, I assure you. When will you know if a deal can made?"

Er, is that a yes? Or a maybe?

"Quite soon, I expect."

OOC: Gaius, you can assume that a 1 BP loan will be available. This weekend I will work out who owes what and remind them what needs to be repaid now.

"Excellent. I'll be staying in Tusk for a while, so please let me know when we can sign the agreement." If there is nothing more to settle, Gaius sets to leave for now and return later when the contract can be signed.

Alright then, we can agree on 1 BP loan at the usual conditions. Assuming everything goes well, would it be ok if we just assume this deal settled?

PM

Darius walked up to the first teller he saw free, "Hello, I am here on behalf of Lord Aeris to pay back the first installment of his loan."

Paying back 0.5 BP

Adoven comes to the bank with a pair of bodyguards and a heavy satchel. He approaches the Bank Manager. "As per our agreement, I am here to pay three installments on my three loans."


OOC: Paying 1.5 bp as part of Loan Repayment agreement.

OOC:

I have recorded repayments by Safia, Marik and Adoven, and a new loan of 1bp to Safiya (repaid at 0.5 over 3 rounds).

Current loans as at year 4717 4716:
Safiya:
Adoven:
Marik:

The Bank currently has another 1.7BP available for loans. The preference will be to offer loans of up to 1.0BP to people who do not already have a loan, but if there is low demand from new borrowers those funds may become available to existing borrowers as the planning for this Kingdom turn draws to a close.
This message was last edited by the player at 15:58, Sun 27 June 2021.

Feeling a little cowed, Kiera would walk into the bank, uncharacteristically quiet as she waited to talk to someone free.

When one of the tellers would be free, she’d walk up and wait to be noticed- one didn’t get on the bad side of Abadar if you could help it- and made her intentions known.

“Uhm… hello… I’d like to enquire about a loan, if I may?”

OOC: Kiera is seeking a loan of 0.5 BP, but I’ll take a whole BP if the half is undoable.

One of the tellers looked up and smiled encouragingly when Kiera approached.

"Good morning, madame. I am sure we will be able to help you. Let me explain how the loan process works ..."

OOC: Basically two loan amounts are currently available (0.5BP or 1.0BP), with a few variations on repayment options:

1. Borrow 1.0BP, repay 3x0.5BP over 3 turns
   
2. Borrow 0.5BP, repay 3x0.25BP over 3 turns (or if you don't like 2 decimal places you can repay 0.7BP over 2 turns or 0.8BP over 3 turns).

She takes a quick thought- estimating how much the plans she had in mind would cost- and then nodded.

“I’m doubting I’m going to need too much- better to not take too much. But I’d like to take a loan out to help cover the costs of financing a second tavern of mine. The proceeds from my first should be enough to make sure I can cover the payments, no problem.”

It wasn’t in her mind to mess around with anything- and those who got in over their head with things tended to lose it all.

OOC: 0.5 BP with terms of 0.25 due the next three turns would be very acceptable.

The teller had been distracted by a disturbance outside the bank but finally Kiera had his full attention again.

"I'm sorry about that, madame. I thought for a moment ... well, never mind. Everything is under control, as always. We can certainly provide the loan you require. I will have the papers drawn up straight away for you to sign," the teller said with a smile.

It only took about half an hour after that for the contract to be written and signed. After that Kiera could choose to take the loan in cash, if she wishes, although a letter of credit issued by the bank might be a more practical option until she needs to pay for construction of the new tavern. Either way, Kiera now has access to the funds she requested.

OOC: Borrow 0.5BP, repay 3 payments of 0.25BP over the next 3 turns.

Taking her time to make sure everything was signed, sealed, and delivered, Kiera rises and gives a gracious nod to the teller, and walks out with her letter of credit.

Notes about other loans:

• Kiera's loan was subsequently increased to 1BP to cover an upgrade from Shrine to Great Shrine as part of her development in Stadium district, with 3 payments of 0.5BP over the next 3 turns.
• The Bank has agreed to give Tusk City Council a small interest-free loan of 0.1BP to cover a small shortfall in funds currently available to the City for the list of works being undertaken by the City this year. The City will repay that 0.1BP in full next turn.

Kiera walks into the bank, with a bag of gold tucked under her arm and ready to drop it off, as soon as she can find a teller open and ready.

"Just dropping off my loan payment, as I agreed to."

Making the first of my three loan payments of 0.5 BP.

Aranel Romanese, the councilor of Safiya Vallani likewise arrives at the bank to make the first payment on the Vallani loan. "I take it everything is in order?"

Paying back first 0.5 BPs, 1 BP remaining.

The bank tellers welcomed both Kiera and Aranel with all the courtesy due to valued and respected customers. Their payments were duly recorded and receipts issued for both of them.

"Thank you madam. Yes, everything is in order. If you happen to hear of anyone else who could benefit from a loan this year we would certainly welcome their business, too."

Entering with a leather satchel and a few coin bags, Lord Adoven makes his way to the Bank Manager. He says "here are the loan repayments for this year, as per our agreement. You will find minor deeds ceded to the Church for future expansion as well as coin."

Repaying 1.0 bp this turn. I figure it'd be both coin and land. Only 0.5 bp to be repaid next Year remains

As he is finishing his transaction, a messenger comes to Adoven. He peruses the message and purses his lips in thought for a moment. He then turns to the bank manager and says "those securities I emplaced in Trust last year....it seems that V&A managed our expansions without them. If you are amenable to the idea, I will sign them over to the bank to complete our repayment of the numerous bank loans we took out in years past."


OOC We had 0.5 bp banked. We will use that to repay the 0.5 bp owed for past loans. Normally it shows as being needed to be paid Next Turn, but I had an extra 0.5 bp so I'm paying it off.

The bank manager smiles and bows courteously as he accepts the repayments from Adoven.

"Thank you, Lord Adoven. That is most satisfactory. If we can be of service again in future, please do not hesitate to visit us again."

Gedd Roth is recognised by quite a few folk around town as the half-orc usually found either serving behind the bar or taking turns with his sister Berta as bouncer at the door of the Dragon's Den.

When he turns up at the Bank of Abadar asking about a loan, the only surprise is that he is the member of the Roth family that is doing the asking.

"You see, we just need a small loan (only 0.2BP) to top up our own funds to build a Tavern out by Shrike Bastion. We figure the troops stationed at that bastion, together with fisherfolk working the lake and the occasional boats travelling on the Shrike River will provide enough customers to make a tavern workable out there. We would easily be able to repay the loan in full next year."

New Campaign Round
This message was last edited by the GM at 12:32, Fri 17 June 2022.

The Bank currently has 3.5 BP available for loans. The preference will be to offer loans of up to 1.0BP to people who do not already have a loan, but if there is low demand from new borrowers those funds may become available to existing borrowers as the planning for this Kingdom turn draws to a close.
This message was last edited by the player at 12:43, Mon 20 June 2022.

PM

Darius walks up to the bank manager with a friendly smile, "Hello, I am here on behalf of Lord Marik Aeris. He would like to balance the balance of his debt to the Bank."

OOC: Paying the last 0.5 BP owned on his loan

"Thank you, Darius. It is always a pleasure to do business with House Aeris."

The bank now has a total of 4 BP available for loan.

Aranel, the Vallani councilor again arrives at the bank to make the another payment on the Vallani loan. "Until next year then?"

Paying back 0.5 BP, 0.5 BP remaining.

"Thank you Aranel, it is our pleasure to continue doing business with you and Lady Safiya."

The bank now has a total of 4.5 BP available for loan.

Brother Florin walks into the Bank of Abadar in Tusk and approaches the bank manager.

"Good morning. I am here on a personal matter, rather than anything directly connected with the Church of Abadar. I have already established a museum over in the College District and I would like to develop an art gallery there, as well. I already have half of the funds required but would need to borrow 1 BP to make up the balance. The museum already generates an income of 0.5 BP, which I believe would cover the repayments due on that loan. Do you think that would be all right?" he asks a little nervously.

The bank manager smiles warmly at Brother Florin.

"That sounds like a wonderful idea. I have a niece who is a student at the Three Ladies' School near there. She and several of her friends are keen artists and, if I may say so, quite talented, too. I think the Bank could manage to offer a small prize for an art competition next year, if you would be willing to display the entries for a month or so before the judging?

"Oh, that doesn't affect the terms of the loan, of course. A loan of 1 BP would need to be repaid with interest - a total of three repayments of 0.5 BP per year over the next three years, but I am sure you already knew that, Brother Florin."

Gedd Roth, the halforc from the Dragon's Den, walked into the bank and approached the bank teller.

"Hello, I have come to pay off our current loan and talk about taking out another loan for another project we are going to build this year. Here is the 0.3 BP we owe as full payment for our 0.2 BP loan last year.

"This time we would like to borrow 0.8 BP, if the Bank agrees? We are planning to build a distillery in Tusk to make brandy to add to the range of beverages we have on offer," he explains.

The bank teller refers Gedd's request to the bank manager and soon comes back wearing a smile.

"Certainly, Sir. The bank will be happy to loan the Roth family that additional 0.8 BP. I understand you are already familiar with our standard rates, so that would be three repayments of 0.4 BP each year for the next three years. I trust that is to your satisfaction, Sir?"

OOC: The bank now has 3BP available for loan.

A factor for V&A arrives with an odd question. "Does the Bank of Abadar exist in other cities? If so, is there a fee for transferring assets from one branch to another?"

The bank teller is happy to answer Tobias's questions - as much as he knows, anyway.

"The Bank of Abadar in Tusk currently has branches established in Wyvern Bridge and New Dawn, as well. Transfer of funds to those branches would be a simple matter. There are many other Banks of Abadar in many other cities too, of course, including New Stetven and Restov, but they would fall under the control of the local temple or cathedral of Abadar in those cities and their respective head priests or bishops.

"We would be able to issue a letter of credit from the Bank of Abadar in Tusk which would be honoured by any other Bank of Abadar but there would indeed be a fee associated with that service to cover the future cost of transporting that wealth from one city to another. I believe it would only be a small percentage of the total amount of funds that are being transferred. If you wish to make use of this service in future, I would need to consult with my superiors to confirm exactly what that fee would be."

NOTE:  BP transfers can not be made through the bank, and the standard 'international' trading fees will still apply.

OOC Figured as much, but I had to ask.

The Bank currently has 3 BP available for loans. The preference will be to offer loans of up to 1.0BP to people who do not already have a loan, but if there is low demand from new borrowers those funds may become available to existing borrowers as the planning for this Kingdom turn draws to a close.

Brother Florin walks into the Bank in Tusk looking much moe confident than he did on his previous visit.

"Greetings, good sir," he says to the bank teller. "I am here to make the first repayment on my loan for the Art Gallery. Half a BP, as agreed," he announces with a smile.

The bankteller smiles as he accepted the loan repayment from Brother Florin.

"Thank you, Brother. Your prompt payment is appreciated. Clearly Abadar smiles upon your endeavours."

OOC: The Bank currently has 3.5 BP available for loans.

Kiera walks into the bank, and repays the 1bp that she has outstanding.

The bankteller smiles as he accepts the loan repayment from Kiera.

"Thank you, Ma'am. I am pleased to confirm that clears your loan account with us. If you ever have need of another loan in future, we will be very pleased to assist you again."

OOC: The Bank currently has 4.5 BP available for loans.

Safiya's cousin Alexi arrives at the bank to make final payment on the loan. "I believe this settles our accounts? And I hope our future cooperation will be just as profitable for both Vallani Estates and the Bank of Abadar."

Paying back the last 0,5 BPs.

The bankteller smiles again as he accepts the loan repayment from Alexi.

"Thank you, sir. It has been a pleasure doing business with the Vallani Estates. Do call upon us again if we can be of any further assistance in future."

OOC: The Bank currently has 5.0 BP available for loans.

"As a matter of fact, perhaps we could come to an arrangement right now? Assuming you have funds available for a new loan?"

OOC: I forgot, what's the maximum loan that can be taken?

OOC: Normally we limit loans to 1.0 BP to make sure the funds are available to as many people as possible. However there has been no interest from anyone else so far, so a loan of 2 or 3 BP would probably be fine.

"A larger loan would be preferable this time, assuming the bank of Abadar is willing to fund one. I assure you that Vallani estate can cover it."

3 BPs loan, paid back in 3 installments of 1.5 BPs each, right?

If there is a sudden interest in loans, I'm perfectly fine with a lesser loan as well. I just need to know that before the deadline so that I can adjust my plans.

The bankteller excuses himself as soon as Alexi indicates the size of the loan he is seeking. A few minutes later the Bank Manager himself comes out to take over the negotiations.

"Master Vallani, your request has been passed to me to consider. We do have the funds available and we would be willing to lend that amount to House Vallani, as you are already valued customers of the Bank. You are correct about the required repayments. We would just like to know some details of what you propose to invest those funds in, just to be sure it is something we would be comfortable supporting."

"Most likely for commercial development of Eastgate, a market and serai with mules or ox trains. Lord Henry has most graciously allowed Vallani estate to carry on development of the village."

OOC: Got several things planned for this round, but I assume this would be ok with Abadar?

The bank manager smiles.

”That sounds like exactly the sort of development that the church of Abadar would like to see more of, so I am very pleased to confirm we will be able to lend House Vallani the funds you have requested.”

"Excellent. If there is nothing more, I believe we can call it a deal. I am sure your staff will be able to deal with the details of the loan."

I'm assuming the deal is concluded then: 3 BPs loan, to return 1.5 BPs for the next three rounds. Let me know if something changes.
This message was last updated by the GM at 06:56, Thu 22 Dec 2022.

OOC: I forgot to post here back in December 2022 that the Roth family made the first 0.4BP repayment on their 0.8BP loan.

The Bank currently has 2.4 BP available for loans. The preference will be to offer loans of up to 1.0BP to people who do not already have a loan, but if there is low demand from new borrowers those funds may become available to existing borrowers as the planning for this Kingdom turn draws to a close.