Tamora Imperial Bank (TIB)
The HQ of the bank is the Wali (ooc:saint) Kavad Temple complex in Djerb
Tamora Imperial Bank is the largest Tamoran bank with assets of 250 billion dinars (usd), serving more than 70 million customers in Tamora and almost 3 million aboard: in Phuebra, Clysperis, Safraen and Zimalia. It was founded in the early XVIII (18) th century as a separate entity from the treasury of the Church of Mani. The first few decades TIB grew fast as the bank was used by more and more Tamorans as a mean to pay their tithe (a religious obligation to give 10% of the income) to the Church of Mani. To this day the bank remains solely owned by the Church of Mani and adheres strictly to sharia requirements by not practicing usury (charging interest) and not working with any businesses contrary to the tenets of the Church (like alcohol production, gambling etc).
The bank focuses on retail, agriculture and small business and has a network of over 15,000 branches with two thirds of them in rural areas. The Bank is present in all Tamoran kingdoms and it has recently expanded aboard by
acquiring Orl Bank in Safraen which has a market share of 4.5% there,
Nafu Bank in Clysperis which has a market share of 8.5%,
Liberville Bank in Phuebra which has a market share of 8% and has
opened a branch in Zimalia. The bank has
incorporated a subsidiary in Elysium (Heyra).
Since 2020 the TIB has opened a Development Division following a 2 billion dinars(usd) grant from the Tamoran imperial government and has
disbursed almost 90% through various loans and grants in Clysperis.
History, major landmarks and trivia:- Since its founding the bank has a virtual monopoly on the paying of the tithe by Manist faithful. While there is no law that forbids the faithful to use another bank, the Church strongly encourages its members to use TIB for the paying of the tithe.
- The bank was instrumental in financing the imperial government in difficult times including the military campaign to annex the kingdom of Vojvodina (1898) and in the aftermath of the annexation of Attica in 1958 when the imperial government had serious trouble in financing its obligations because of the international sanctions placed on it. With the growth of the
Tamoran Wealth Funds since the 1960s the bank’s role in financing the imperial government in times of trouble has been greatly reduced in recent decades.
- While until recently the bank has been reluctant to extend its presence outside the Empire, it has nevertheless played a role in the region. In the 19th century TIB was among the banks (although it played a minor role) in financing the Seleucid overseas slave trade.
- All heads of the bank (ooc: CEO) since the founding to present day have been practicing Manists.
- All but two heads of the bank (ooc: CEO) have been men. The exceptions were Farah (1858-1862) the First wife of the Supreme Ayatollah at the time and Aludra (1924-1934) the First Wife of the Emperor at the time.
- The bank had 30 heads (ooc: CEO) in its 300 year history, of them 10 were imams and two were Ayatollahs.
- Of its workforce of 105,000 people, approx. 30,000 are slaves, mostly janitors and some low level bank clerks.
- TIB is one of only a couple of Tamoran banks to have its HQ in a Temple complex.
Toor Medhora, the current head of Tamora Imperial Bank (TIB)
Tamora Imperial Bank at a glance:Founded: 1720, by a religious decree issued by the Church of Mani
Headquarters: Djerb, imperial capital of Tamora
Assets: 250 bln dinars (USD)
Workforce: 105,000 (including 30,000 slaves) in Tamora, 3,500 in Phuebra, 3,000 in Clysperis, , 1,000 in Safraen, 100 in Zimalia
Operating income: 2.5 billion dinars (usd)
Branches: 15,000 in Tamora, 900 in Phuebra, 800 in Clysperis, 200 in Safraen, 1(one) in Zimalia
Market share: 10% in Tamora, 8.5% in Clysperis, 8% in Phuebra, 4.5% in Safraen, 0.1% in Zimalia.
Clients: 70 million in Tamora, 1.5 million in Phuebra, 1 million in Clyperis, 250 thousand in Safraen, 5 000 in Zimalia.
The standard TIB uniforms for its employees