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IMF - Industrial Monetary Fund




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OUT OF CHARACTER INFORMATION
CORPORATION INFORMATION
  • Corporation Name: IMF - Industrial Monetary Fund
  • Headquarters: Corrox, Mahporeem
  • Locations:
    • Mahporeem [Headquarters]
    • Bescane [regional Headquarters]
    • Corvus [Local Offices]
    • Coruscant [Local Offices]
  • Operations:
    • Financial Securities
    • Financial Transfers
    • Financial Regulation
    • Audits
    • Liquidity management
    • Asset Management
    • Market Speculation
    • Market regulation
  • Parent Corporation: N&Z Umbrella Corporation
  • Subsidiaries: N/A
DESCRIPTION
The IMF or Industrial Monetary fund was a spin-off of the N&Z's overall financial and market-related activities, having most of the company's silent activa and liquidity moved to this division, which from 901 ABY onwards effectively acted as the company's internal regulation and policy maker in regards to the monetary activity of the massive corporation. As an additional power granted to this division, it was granted the charter to act as the internal credit and asset management division; meaning that it would audit the various divisions of the N&Z umbrella corporation on a regular basis in order to maintain overall solvency and to reorganize divisions when necessary to maintain financial health.

On request of the Diarchy the IMF was effectively granted the sole oversight of the loans and financial lifelines granted by the N&Z to the economical apparatus of the faction, which effectively led to most of the Diarchy assets and inventory to be part of a lend-lease program where the government of the Diarchy would pay off their debt through a fixed rate in their yearly economical growth and territorial income. With the Dissolution of the Imperial Confederation and the downfall of the Diarchy happening around roughly the same time, the IMF sent creditors to the former Diarchy space and made a balance on the inventory, moving most of their physical liquidity to Corvus for temporary storage before following the same path as they had done before, by bringing financial aid and economic stimuli to Mahporeem, where the successor state to the Imperial Confederation was already forming as the Mahporeem Imperial Remnant. However, unlike before, financial aid did not come in loans, but in exchanges of goods, with the MIR having an already massive industrial complex and a large workforce, the IMF managed to obtain a significant increase in the N&Z's workforce and obtained many contracts for recycled materials in exchange for large credit payments or as a means to leverage loans without intrest calculated on them.

Lately, the IMF has obtained a somewhat semi-autonomous position within the N&Z, because of their sensitive nature and their importance in the transition of the N&Z's shares and stock.

RATIONALE


The IMF was formed as a spin-off from the N&Z's original financial securities division, allowing for a semi-autonomous division within the massive corporation to independantly operate and maintain oversight. This was initially thought of by former Chairman of the Board Tertius C. Nargath Tertius C. Nargath as a means to centralize the company's overall expenditures, oversight of their financial activa and monitoring the shifting of the company's stock and market presence. Where it also provided financial activity and banking operations to individuals and civilians, it is most known as a banking division for large companies, governments and military groups.

Today, the IMF provides the full package of financial services, ranging from asset and liquidity management, financial audits, credit transfer, loans and financial aid. It also acts as an intermeditae for financially important transactions of other corporations and holds a massive stake in the economic activity of any and all governments, corporations and military groups which have loans with the IMF.





 

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