Vaena Askari
Lady Cadalthor
OUT OF CHARACTER INFORMATION
Image Source: N/A.
Canon Link: N/A.
Development Thread: N/A
Primary Source: N/A.
CORPORATION INFORMATION
Corporation Name: Nova Bank.
Headquarters: Denon.
Locations: Nubia, Cato Neimoidia, Manaan, Mobile Operation Centres.
Operations: Financial services (e.g. banking, loans, deposits, financing, trade, investing), cargo shipping, debt administration and collection.
DESCRIPTION
Nova Bank is a corporate entity that caters to corporations and governments as a safe investment at fair interest rates. It is an important player in the world of finance and led by Lady Varisanthra Lycaeni. Aside from her race's long life span, Varisanthra has also profited from her business acumen and Force-Sensitivity. She is assisted by a board of directors, but retains the final say on all major decisions.
It practices fractional reserve banking and has significant resources devoted to the upkeep of technology for investment analysis. It employs its own private security forces, but sometimes outsources to friendly private military corporations such as Firemane Industries. A good portion of the budget for security is spent on cyber security specialists to keep would-be holonet robbers from gaining access. In addition to planetary facilities, it also maintains mobile operation centres. To this end it has entered into a partnership with Firemane.
There are certain ethical standards Nova Bank adheres to. It opposes slavery, which is in keeping with general Eldorai principles. It also has a low view of groups such as the Sith. However, it is a business, not a crusading organisation. Employees are treated well and offered generous benefits for good work. But in return Nova Bank expects them to be committed, loyal and hard-working. It responds forcefully to clients who default on their debts or refuse to honour their agreements. Droids such as the G-Y-I information analysis droid and the JN-66 are used to analyse market trends, with investments being adjusted in order to maximize growth potential. In addition, the company has a small cadre of seers under contract.
Nova Bank has implemented an Employee Stock Ownership Plan. This enables full-time employees to become minor stockholders. It still gives them less power than say in a worker cooperative, but is a step up compared to the typical megacorp where they have no say at all. Currently the ESOP controls 25% of the company's stock. Employees benefit from improvements in job security and financial returns on their company ownership. Moreover, it gives them a qualified retirement plan. The bank aims to invest capital back into the communities it operates in.
RATIONALE
Nova Bank is rooted in the efforts of Lady Varisanthra Lycaeni, an Eldorai exodite. Varisanthra left Kaeshana many decades ago in the closing stage of the Dark Age. This was a time when Kaeshana was still isolated from the rest of the Galaxy and ruled by a theocratic absolute monarchy with an iron fist. Having fled the oppressive conditions on her homeworld, she at first became a smuggler before going legitimate. She amassed considerable sums of money by smuggling goods to Kaeshana before branching out into the greater Galaxy.
In this era before the Sith Empire, the Omega Protectorate and Republic, there was be a lot of money to be made acting as a trader between the disorganised and separated planets. So even moving relatively basic commodities to say a newly settled or rediscovered mining world in return for ore would be highly profitable. The same applied to more illicit ventures, such as dealing in spice. Then when the Republic was founded she turned legit, became a shipping magnate and started lending money to recovering worlds. Eventually she invested her wealth into the foundation of Nova Bank.
The Galaxy was changing, with new factions and corporations rising to exact their will upon it. Worlds that had been isolated for centuries were now once again opened up to commerce - and conquest. They were in need of development and capital. Naturally this created a tremendous demand for all manners of product. Businesses were all about investment. Unused credits would be invested to be transformed into more credits.
So Nova Bank was created to help satisfy this demand. Clients could deposit funds and be sure it would increase in value. The bank would also offer loans to startup corporations and governments, especially developing worlds. It promised comparatively low interests rates, but insisted that the debt would be repaid. No matter what, the Nova Bank would get its due. The bank soon proved that this was not idle chatter. To ensure that its clients would not cheat on it, Nova Bank founded its own private security forces. If need be, its financial repayment consultants and debt collection agents would stage a direct intervention. It worked with interstellar governments such as the Galactic Republic and the Omega Protectorate, but considered itself politically neutral.
For most of its existence, the bank has been reticient about dealing with the Eldorai due to the fact that their politics are a hornet's nest. However, it supported the Eldorai Exodus from Kaeshana with loans and shipping. When the Tygaran natives and the Eldorai made the decisio to move into space and colonise other worlds, it forged a closer relationship with the Eldorai Matriarchy and became a strategic partner of Firemane Industries. It is a financial backer of the Eldorai nomad fleet, but not beholden to the Crown. It has also forged a close relationship with Queen Lia of the Xioquo.
Subsidiaries: N/A.
Parent Corporation: N/A.
Image Source: N/A.
Canon Link: N/A.
Development Thread: N/A
Primary Source: N/A.
CORPORATION INFORMATION
Corporation Name: Nova Bank.
Headquarters: Denon.
Locations: Nubia, Cato Neimoidia, Manaan, Mobile Operation Centres.
Operations: Financial services (e.g. banking, loans, deposits, financing, trade, investing), cargo shipping, debt administration and collection.
DESCRIPTION
Nova Bank is a corporate entity that caters to corporations and governments as a safe investment at fair interest rates. It is an important player in the world of finance and led by Lady Varisanthra Lycaeni. Aside from her race's long life span, Varisanthra has also profited from her business acumen and Force-Sensitivity. She is assisted by a board of directors, but retains the final say on all major decisions.
It practices fractional reserve banking and has significant resources devoted to the upkeep of technology for investment analysis. It employs its own private security forces, but sometimes outsources to friendly private military corporations such as Firemane Industries. A good portion of the budget for security is spent on cyber security specialists to keep would-be holonet robbers from gaining access. In addition to planetary facilities, it also maintains mobile operation centres. To this end it has entered into a partnership with Firemane.
There are certain ethical standards Nova Bank adheres to. It opposes slavery, which is in keeping with general Eldorai principles. It also has a low view of groups such as the Sith. However, it is a business, not a crusading organisation. Employees are treated well and offered generous benefits for good work. But in return Nova Bank expects them to be committed, loyal and hard-working. It responds forcefully to clients who default on their debts or refuse to honour their agreements. Droids such as the G-Y-I information analysis droid and the JN-66 are used to analyse market trends, with investments being adjusted in order to maximize growth potential. In addition, the company has a small cadre of seers under contract.
Nova Bank has implemented an Employee Stock Ownership Plan. This enables full-time employees to become minor stockholders. It still gives them less power than say in a worker cooperative, but is a step up compared to the typical megacorp where they have no say at all. Currently the ESOP controls 25% of the company's stock. Employees benefit from improvements in job security and financial returns on their company ownership. Moreover, it gives them a qualified retirement plan. The bank aims to invest capital back into the communities it operates in.
RATIONALE
Nova Bank is rooted in the efforts of Lady Varisanthra Lycaeni, an Eldorai exodite. Varisanthra left Kaeshana many decades ago in the closing stage of the Dark Age. This was a time when Kaeshana was still isolated from the rest of the Galaxy and ruled by a theocratic absolute monarchy with an iron fist. Having fled the oppressive conditions on her homeworld, she at first became a smuggler before going legitimate. She amassed considerable sums of money by smuggling goods to Kaeshana before branching out into the greater Galaxy.
In this era before the Sith Empire, the Omega Protectorate and Republic, there was be a lot of money to be made acting as a trader between the disorganised and separated planets. So even moving relatively basic commodities to say a newly settled or rediscovered mining world in return for ore would be highly profitable. The same applied to more illicit ventures, such as dealing in spice. Then when the Republic was founded she turned legit, became a shipping magnate and started lending money to recovering worlds. Eventually she invested her wealth into the foundation of Nova Bank.
The Galaxy was changing, with new factions and corporations rising to exact their will upon it. Worlds that had been isolated for centuries were now once again opened up to commerce - and conquest. They were in need of development and capital. Naturally this created a tremendous demand for all manners of product. Businesses were all about investment. Unused credits would be invested to be transformed into more credits.
So Nova Bank was created to help satisfy this demand. Clients could deposit funds and be sure it would increase in value. The bank would also offer loans to startup corporations and governments, especially developing worlds. It promised comparatively low interests rates, but insisted that the debt would be repaid. No matter what, the Nova Bank would get its due. The bank soon proved that this was not idle chatter. To ensure that its clients would not cheat on it, Nova Bank founded its own private security forces. If need be, its financial repayment consultants and debt collection agents would stage a direct intervention. It worked with interstellar governments such as the Galactic Republic and the Omega Protectorate, but considered itself politically neutral.
For most of its existence, the bank has been reticient about dealing with the Eldorai due to the fact that their politics are a hornet's nest. However, it supported the Eldorai Exodus from Kaeshana with loans and shipping. When the Tygaran natives and the Eldorai made the decisio to move into space and colonise other worlds, it forged a closer relationship with the Eldorai Matriarchy and became a strategic partner of Firemane Industries. It is a financial backer of the Eldorai nomad fleet, but not beholden to the Crown. It has also forged a close relationship with Queen Lia of the Xioquo.
Subsidiaries: N/A.
Parent Corporation: N/A.
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