List of banks from the Oan Isles
This is a list of banks located or established in The Oan Isles, who are registered financial services providers as recognised by the Portfolio for Finance, Trade, Labour and the Economy in terms of the Banking Act of 1978 and the Financial Services Act of 1980 as amended by the National Assembly in 2007 and 2009 respectively.
Contents
Bank of the Oan Isles
This is the central bank of the Oan Isles. It was founded in 1823 by the Central Bank Act. It was established to take over currency issuance from the Tribal Banks that were in existence. The Oan currency is the Oan Dollar. It is seated in La Rochelle. It is helmed by Kiahuaeni Ulua, the bank's governor. It regulates the banking system, manages the interest rate, acts as a lender of last resort and the official banker to the government.
Standard National Bank
The Standard National Bank is seated in La Rochelle. It was founded by Standard National Bank Act to catalyse the urgently needed financial reforms in 1910 from the amalgamation of smallet banks. Its debts were offered on the La Rochelle Stock Exchange in 1946. It is a commercial bank. It has branches in Sani Bursil, Staynes, Tarov, Tivot, Aura, Emberwood Coast and Weyrcliff, Dragonia with operations in Aurora and Gondwana. It is helmed by Alistair Ulua, who is the Chief Executive Officer. It has 270 billion SHD in assets, 230 billion SHD in market capitalization, 1,240 billion SHD in revenue and 540 million SHD in profit. It is owned by the Government of the Oan Isles (25%), the Ulua Family Trust, the Oan National Development Bank and the Oan Industrial and Commercial Bank.
Oan Industrial and Commercial Bank
The Oan Industrial and Commercial Bank was founded in 1802 by and through the Oan Industrial and Commercial Bank Act of 1802. It was founded on the basis of and continues to focus on secondary industries such as manufacturing, processing and recycling. Its head quarters are located in Port of the Rock. It has branch offices in Aeternum, Caltharus, and Harmony City, Konoa. It has operations in Aurora and Gondwana. It is helmed by Takatunuye as the Chief Executive Office. It is owned by the Government of the Oan Isles (36%), the Oan National Motor Corporation (24%) the Metatron Corporation (22%), the Takatunuye Family Trust (12%), the Uye Family Trust (11%), the Alikektilua Family Trust (4%).It has 156 billion SHD in assets, 127 billion SHD in market capitalization, 2,980 billion SHD in revenue and 798 million SHD in profit.
Oan National Development Bank
The Oan National Development Bank was founded in 1976 after the passage of the Foreign Development Act of 1976. Its formation was catalysed by The Auroran Imperial War. It was built to provide cheap loans to Auroran countries to expedite their recovery from the war and to reestablish a market that was ready to purchase Oan goods. It is helmed by Ana Salua as the Chief Executive Officer. It is seated in Serenity City. It has a branch office in Lutherburg, Kuthernburg and Novosibirsk, Tuvaltastan.It has 98 billion SHD in assets, 76 billion SHD in market capitalization, 980 million SHD in revenue and 376 million SHD in profit. It is owned by the Government of the Oan Isles (45%), the Salua Family Trust (34%), and the Hualua Family Trust (21%).
Chartered Merchantile Bank
The Chartered Merchantile Bank was established in 1942 by an association of 45 manufacturers. Their aim was to create a bank that would primarily cater for their needs in trade and international commerce. It expanded to global wealth management and financial banking in 1967. It is helmed by Rotorua Uataka. It is seated in Crystal City. It has offices in Laheed, Latianburg, Nnikt, Axdel, Linam, Asian Pacific Islands and Port of the Light, East Polynesia. It is presently owned by 43 businesses, but the largest shareholder is the Uataka Family Trust with 15% of the share. It has 64 billion SHD in assets, 45 billion SHD in market capitalization, 623 million SHD in revenue and 210 million SHD in profit.
