Fuzzy: Bank of Abadar.   Posted by DM.Group: 0
Adoven Lodovka-Sud
 Player, 880 posts
 AC 21 F+3 R+10 W+3
 Rogue / Bard, HP 33/45
Sat 9 Jan 2021
at 03:53
Fuzzy: Bank of Abadar
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. "
Andalon de Lebeda
 Player, 1128 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Mon 11 Jan 2021
at 14:38
Fuzzy: Bank of Abadar
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 Lodovka-Sud
 Player, 894 posts
 AC 21 F+3 R+10 W+3
 Rogue / Bard, HP 45/45
Mon 11 Jan 2021
at 15:25
Fuzzy: Bank of Abadar
Adoven thinks it over, then nods. "Generous terms. I accept, and V&A thanks you." He offers his hand to seal the deal.
Rana Nervetti
 player, 101 posts
 A long way from home...
 ...looking for something
Mon 11 Jan 2021
at 19:08
Fuzzy: Bank of Abadar
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.

Andalon de Lebeda
 Player, 1129 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Tue 12 Jan 2021
at 15:19
Fuzzy: Bank of Abadar
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."
Andalon de Lebeda
 Player, 1130 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Tue 12 Jan 2021
at 15:27
Fuzzy: Bank of Abadar
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 Nervetti
 player, 102 posts
 A long way from home...
 ...looking for something
Tue 12 Jan 2021
at 18:00
Fuzzy: Bank of Abadar
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."

Andalon de Lebeda
 Player, 1132 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Wed 13 Jan 2021
at 15:09
Fuzzy: Bank of Abadar
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 Nervetti
 player, 104 posts
 A long way from home...
 ...looking for something
Wed 13 Jan 2021
at 20:09
Fuzzy: Bank of Abadar
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 Senas
 NPC e, 6 posts
Wed 23 Jun 2021
at 11:29
Fuzzy: Bank of Abadar
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?
Andalon de Lebeda
 Player, 1189 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Wed 23 Jun 2021
at 14:53
Fuzzy: Bank of Abadar
"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."
~Gaius Senas
 NPC e, 7 posts
Thu 24 Jun 2021
at 14:07
Fuzzy: Bank of Abadar
"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?
Andalon de Lebeda
 Player, 1190 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Thu 24 Jun 2021
at 15:38
Fuzzy: Bank of Abadar
"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.
~Gaius Senas
 NPC e, 8 posts
Fri 25 Jun 2021
at 11:38
Fuzzy: Bank of Abadar
"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?
DM
 GM, 4757 posts
Fri 25 Jun 2021
at 11:47
Fuzzy: Bank of Abadar
PM
~Darius
 NPC e, 35 posts
 Scribe, Carouser
 Councilor: Aeris Estates
Fri 25 Jun 2021
at 16:50
Fuzzy: Bank of Abadar
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 Lodovka-Sud
 Player, 1046 posts
 AC 22 F+3 R+10 W+3
 Rogue / Bard, HP 45/45
Sun 27 Jun 2021
at 08:33
Fuzzy: Bank of Abadar
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.
DM
 GM, 4764 posts
Sun 27 Jun 2021
at 08:54
Fuzzy: Bank of Abadar
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).
Andalon de Lebeda
 Player, 1192 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Sun 27 Jun 2021
at 15:45
Re: Fuzzy: Bank of Abadar

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.

Kiera Raincutter-Solanus
 player, 320 posts
Tue 29 Jun 2021
at 14:52
Re: Fuzzy: Bank of Abadar
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, shed walk up and wait to be noticed- one didnt get on the bad side of Abadar if you could help it- and made her intentions known.

Uhm hello Id like to enquire about a loan, if I may?

OOC: Kiera is seeking a loan of 0.5 BP, but Ill take a whole BP if the half is undoable.
Andalon de Lebeda
 Player, 1193 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Tue 29 Jun 2021
at 15:56
Re: Fuzzy: Bank of Abadar
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).

Kiera Raincutter-Solanus
 player, 321 posts
Tue 29 Jun 2021
at 16:18
Re: Fuzzy: Bank of Abadar
She takes a quick thought- estimating how much the plans she had in mind would cost- and then nodded.

Im doubting Im going to need too much- better to not take too much. But Id 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 wasnt 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.
Andalon de Lebeda
 Player, 1204 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Sun 4 Jul 2021
at 06:23
Re: Fuzzy: Bank of Abadar
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.
Kiera Raincutter-Solanus
 player, 324 posts
Tue 6 Jul 2021
at 06:14
Re: Fuzzy: Bank of Abadar
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.
Andalon de Lebeda
 Player, 1219 posts
 Bishop at Cathedral of
 Abadar in Tusk City
Tue 20 Jul 2021
at 15:03
Re: Fuzzy: Bank of Abadar
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.