Corestone Banking & Investment
Founding
Corestone Banking & Investment (CBI) was formed in 2585 as part of the Moreland Family commitment to the Rygar charter to found 5 companies, that along with HCP would provide industry, jobs and support to the colonization of Rygar.
CBI started by setting up operations on Rygar offering low cost loans to new colonists, especially those looking to set up businesses, as well as an offices on Mars.
As a Moreland Family company it is expected to uphold certain moral and ethical standards, along with a commitment to hiring and training from the world a contract is located on where possible.
Notable Events and Contracts
2585 - CBI entered into the “low cost” mortgage market, competing with Republic-Wide and ARC Financial. Corestone put sustainability at the core of their offering, which was expected to cut profit margins in the short term, but lead to more sustainable longterm profits. 2595 - CBI benifited from the collapse of Republic-Wide and bad press of Charno and saw growth during the peroid. Participated in the "Worlds Fair" on New Carthage, from just outside the capital city of New Rhodes. The fair, designed to showcase innovation and to serve as a reminder of the "critical role that the hansa plays within the Republic" saw booths, displays, huge events and give aways of all sorts by the gathered corporations. Many top CEOs also made appearances at the fair which was free to enter and saw hundreds of millions of adjusted dollars worth of freebies given away. The exhibitions also were a chance for workers to look for new jobs, with recruiters there from all the major corporations. Sevoy Panikkar, CEO of Empyreal Entertainment and the principal organizer of the fair, spoke of the value that the Hansa adds to the Republic and that "we understand that people have concerns but it's not quite the way that we are sometimes portrayed. The Hansa provides jobs, quality produts and services and underpins the economy of the Republic. We're very proud to offer this fair as a chance to show what we do and the posirives of our relationship". CBI along with the other Moreland Corporations took part in the colonisation of First Light, providing the first industry and jobs for the planet. 2600 - Sigurd Rechardsen appointed as CEO, considered a bright and adventurous mind but also someone with a strong appreciation of risk. 2605 - Press reported a possible merger between CBI and Charno, the resulting speckulation saw addition growth in CBI's value. This drew some attention from the Schilling administration.CEO
- Sigurd Rechardsen - Present
Type
Corporation, Finance
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