Frank Todd Posted November 4, 2016 Share Posted November 4, 2016 The above Image is a link to the Codex of OGMA and as such reflects our current information on the banks that were willing to disclose the information that is present in said Codex. As we are an Orbis-Based assoc. we do welcome any and all help on the development of the Codex and it's eventual evolution into a future credit system for Orbis and her people. Thank you, ~MrBigsby Senior Board Member/Codex Archivist 2 Quote Link to comment Share on other sites More sharing options...
Frank Todd Posted November 8, 2016 Author Share Posted November 8, 2016 I would like to thank the CEO's and Owners of the various banks that have participated in this endeavor as it is extremely helpful. Thanks!! Quote Link to comment Share on other sites More sharing options...
seabasstion Posted November 8, 2016 Share Posted November 8, 2016 What is this Quote Link to comment Share on other sites More sharing options...
Lam Songman Posted November 8, 2016 Share Posted November 8, 2016 Valkyrie Ex has a 12% interest rate? Hot damn. Straight Usury. Quote !å清å¤æ˜Ž! "The resort to wu (warfare) is an admission of bankruptcy in the pursuit of wen (civility or culture). Consequently, it should be a last resort. Expansion through wen... is natural and proper; whereas expansion by wu, brute force and conquest, is never to be condoned.†Link to comment Share on other sites More sharing options...
Frank Todd Posted November 8, 2016 Author Share Posted November 8, 2016 Valkyrie Ex has a 12% interest rate? Hot damn. Straight Usury. It's more of an average from all their individual loan accounts. It ranges from 9% with 12% being the highest. Quote Link to comment Share on other sites More sharing options...
Psweet Posted November 8, 2016 Share Posted November 8, 2016 (edited) Valkyrie Ex has a 12% interest rate? Hot damn. Straight Usury. Stratton Oakmont used to have rates that capped at 12% as well. That was before we adopted a flat rate for all loan sizes. Honestly I'm starting to think that a regressive rate might be the best approach since improvements' ROI decrease as nations/alliances get larger. Completely counter-intuitive from the bank's point of view, but that might end up with the most business. Also Mr. Bigsby, I'd like to request an edit to the sheet - Stratton Oakmont has recently reduced the rates on its new loans to 8%. Edited November 8, 2016 by Psweet Quote Link to comment Share on other sites More sharing options...
Frank Todd Posted November 10, 2016 Author Share Posted November 10, 2016 Stratton Oakmont used to have rates that capped at 12% as well. That was before we adopted a flat rate for all loan sizes. Honestly I'm starting to think that a regressive rate might be the best approach since improvements' ROI decrease as nations/alliances get larger. Completely counter-intuitive from the bank's point of view, but that might end up with the most business. Also Mr. Bigsby, I'd like to request an edit to the sheet - Stratton Oakmont has recently reduced the rates on its new loans to 8%. I will have that edited asap. Quote Link to comment Share on other sites More sharing options...
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