Vallos-Tierrador Banking Corporation
 | |
 VTBC headquarters in Ataakúseč | |
| Company type | Saukhinápolqač |
|---|---|
| TSX: VT PSX: VTB | |
| Industry | Banking financial services |
| Founded | 25 June 1658 |
| Headquarters | |
Area served | Worldwide |
Key people | Alvaró Togaš (Chairman & Chief Executive) Raimond de Viersir (President & Executive of Operations) Estelle Fitzgeraud Anteč Niemiq |
| Products | Investment banking wealth management private banking investment management asset management corporate banking retail banking private equity finance and insurance mortgages credit cards |
| Brands | TierroPay MyShares VTBC NXT |
| Revenue |  $255.3 billion (2030) |
| AUM |  $4.13 trillion |
| Total assets | $1.8 trillion (2030) |
| Total equity | $64 billion (2030) |
| Owner | Qabóri Trading Company (45%) |
Number of employees | 132,783 |
| Divisions |
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| Subsidiaries | VTBC Global Cathay Investments Vallos Wealth Management CBC |
| Capital ratio | Tier-1 12.4% |
The Vallos-Tierrador Banking Corporation (VTBC) is a multinational investment bank and financial services company founded and based in Tierrador and Equatorial Ostiecia. Co-headquartered in the cities of Taisgol and Fort Monteneri, it maintains a presence in all major financial centers as the largest Tierradorian banking institution and one of the largest private bank in the world. VTBC’s client services are well-known for the strict adherence to Tierradorian banking laws, allowing for major bank–client confidentiality and culture of banking secrecy. Due to the bank's large positions in Cronan, Levantine, Sarpedonian, and Audonian markets, VTBC is considered a global systemically important bank.
The history of VTBC dates back to the days of the Qabóri Woqalate, recently recovering from centuries of complete isolation, the Woqalate was willing to get involved with the growing international trade scene across the St. Brendan’s Strait and the Polynesian Sea. Eventually, the creation of the Qabóri Trade Company in 1603 began the Qabóri presence into the world of global trade. For the next 12 years, the QTC would regulate all forms of international trade to and from Qabór until 1658, when two businessmen from New Burgundie Colony, (modern day Equatorial Ostiecia, met with Qabóri representatives to discuss the involvement of the Duchy of Bourgondi, through its proxy the Bourgondii Royal Trading Company, with QTC. The result of this was the creation of VTBC as a financial division of the company. VTBC still operates as a subsidiary of QTC.
Apart from private banking, VTBC offers numerous services, including but not limited to: wealth management, investment management and asset management for a corporate, private, or institutional client base. Due to Tierradorian banking laws allowing for secrecy among banks in the nation, VTBC is considered a “hotspot” amongst the world’s billionaires, therefore leaving Tierradorian banks such as VTBC with the responsibility of managing the largest amount of private wealth in the world. The bank also owns numerous underground bank vaults, bunkers and storage facilities for gold across the mountainous regions of Tierrador.
History
Founding and initial rise in value
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VTBC was officially founded by members of the Qabóri Trade Company in 1658. The increasing popularity of the Orixtal-Audonia Route had skyrocketed QTC revenues following the Hemp Wars and the Orixtal Crusade. Qabór had emerged as the Orixtal's hegemon due to its continued influence over one of the most crucial spots on the Orixtal-Audonia Route. Over the course of the 1630s and 1640s, the QTC would establish a concentrated network of trade routes to and from Vallos, mainly concentrated on the Burgoignesc New Burgundie Colony. Vallos had mostly been under the influence of Pelaxia, through the Viceroyalty of Las Rumas, which had taken a large chunk of the Vallosian subcontinent. QTC had been able to gain a vassal of influence through both of the Vallosian states and was able to trade Qabóri-produced goods as part of its central trade network. In 1658, the Vallos-Tierrador Bank was created in Fort Monteneri, as a central trade hub and bank which allowed the use of both the Levantine Taler and the Qabóri ponča. While having the word "bank" in the company's name, the Vallos-Tierrador Bank did not operate as a financial institution, instead acting as an early form of a securities exchange, but with tangible goods such as harvested crops, livestock, and textiles.
The Vallos-Tierrador Bank had increased QTC's profit by a 60% margin by 1665, which had made QTC the most powerful company in Imperial Qabór. The Imperial Government had been heavily influenced by the QTC and eventually the Vallos-Tierrador Bank for almost 70 years by this point, though their actions were consistently deterred by the Woqali of Tierrador, along with the Tribunal Court, which had been established in 1659 by Sokhar III, who had maintained a balance between saukhinaseonit and the lower-class majority of Imperial Qabór. Eventually, the Vallos-Tierrador Bank would begin managing the high volume of assets owned, not just by the QTC, but also by ATTC, the ACOM Company, and the Royal Bourgondii Trading Company. This had increased the company's value of assets to nearly $40 million, making it the most valuable company at the time.
Around the beginning of the 18th century, Vallos-Tierrador Bank would eventually shift more in favor of the Woqali and Qabóri lower-class majority, by opening banking services for independent farmers (lúúteseč) not under contract with a saukhinaseonit, mainly for accounting and management purposes which benefit both the average Qabóri individual farmer and the Imperial Government. The company had established a complex and widespread lending system, allowing for even the poorest Qabóri peasant to apply for a loan at a fixed interest rate. While Vallos-Tierrador Bank was mostly used in the early Qabóri financial market, it had been controlled mainly by the Royal Bourgondii Trading Company, who owned a 58% stake in the company by 1733, around the time of the Qabóri Woqalate's collapse and the beginning of the Takosenic Wars.
1750–1840: QTC's return to control
The Takosenic Wars had essentially crumbled the Qabóri Woqalate's political control and hegemony over most of South Crona, though they were still able to project control over most of the Orixtal-Audonia route and the Vallos-Tierrador route, mainly through Vallos-Tierrador Bank. VTB had also upped its funding of many Martillien colonies, such as the ______ Colony established during the Bourgondii-Loa Wars, with the bank and its clients recording massive profits even during the period of turmoil across South Crona. Throughout the remainder of the 18th century, ACOM's share in the Vallos-Tierrador Bank would phase out, with the Qabóri Trading Company and the Royal Bourgondii Trading Company buying up more shares and combining for an 87% ownership stake in the bank. Vallos-Tierrador Bank had also secretly funded Takosenia's forces in the 90-year campaign against independent commonwealths and the Western Crona. The QTC would then sponsor a revolution against the Takosenic government in the Revolution of 1823, ousting then-President Aphío Kostari and pushing for the reinstatement of the Qabóri Woqalate led by the House of Havqanoq, and projecting sole Qabóri control over trade.
In 1829, Vallos-Tierrador Bank was renamed to the Vallos-Tierrador Banking Corporation, abbreviated in official documents as "The VTBC" ("Lí VTBC"), had been assigned financial responibility over the QTC's newly-established trade routes in the Polynesian Sea, which opened opportunities for Qabóri colonial endeavors in the Saukhin Islands and Teschego. Both the QTC and ACOM would begin to phase out most of Royal Bourgondii's share in the bank, reducing it to a mere 25%, as compared to QTC/ACOM's combined 70% share of ownership. In 1836, VTBC opened branches in Cartadanian-controlled colonies in Ceylonia and Porlos, along with commencing banking operations within Istrenya, newly-independent Asteria, Ormatia, and the Teschego and Saukhin colonies. The Imperial Government had been able to circulate billions of pončat across South Crona and the Polynesian Sea by using VTBC as its nationalized investment firm, rather than the much less powerful Bank of Tierrador founded during the Takosenic era.
1840–1911: Industrialization
In 1843, the QTC, ACOM, and Royal Bourgondii Trading Company
1911–1989: Kintónist era
1996–present: Post-financial crisis
Operations & Corporate structure
TBA
Competition
TBA
Banking secrecy
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Sponsorship
VTBC, as a global brand, sponsors numerous sporting and cultural events across the world. Some of these include the UCFA Champions League along with numerous other UCFA events, the Catalina Wine Mixer, the Prismarine Festival, the Auqali Open golf tournament, the Tennis World Championships and many more.
In 2028, VTBC and the Premiership announced a 10-year sponsorship deal which allows for VTBC to become the title sponsor of all NFL competitions and leagues until 2038. Through the accord, VTBC is paying more than ₽125 million for the title naming rights to all the events.
(You may add your nation’s sporting events here)
Leadership
TBA
Controversies
Allegations of Monopoly
TBA
1993 Financial Crisis
TBA
See also
Banking in Tierrador
Financial Confidentiality Act of 1961
Switzerland
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