International Banking Exchange Cooperative: Difference between revisions
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{{WIP}}
{{Infobox company
|name=International Banking Exchange Cooperative|logo=[[File:IBC.png|125px]]|logo_caption=Logo of the IBEC|image=IBCHQ.jpg|image_size=125px|image_caption=Headquarters of the IBEC|native_name=|native_name_lang=|type=Limited liability cooperative|ISIN=|industry=Telecommunications|predecessors=|founded=|founders=|hq_location_city=Leidenstad|hq_location_country=[[Cryria]]|area_served=Worldwide|key_people={{unbulleted list|Milla Quist (CEO)|
The '''International Banking Exchange Cooperative''' '''(IBEC)''', is a [[Cryria]]-based member-owned cooperative that acts as a safe and secure intermediary through which member-institutions can conduct financial transactions. The IBEC also sells an array of ancillary financial software and services for use on its proprietary communications network, and hosts a variety of conferences for the financial services industry. IBEC is wholly owned by the financial institutions it provides services to. The Cooperative's current CEO is Milla Quist of Cryria, and the Chairman of its Board of Directors is Iakob Trikolovich of Tivot.
IBEC essentially works as a messaging system for interbank financial transactions. It does not actually hold funds or accounts on its own.
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|Oan Industrial and Commercial Bank
|The Oan Isles
|-
|Okros Bank
|[[Tivot]]
|-
|[[F&T Holdings Group]]
|Tivot
|-
|Ekérle Moqanléka Bánko
|[[New Leganes]]
|-
|[[Volkia Union Bank]]
|[[Volkia]]
|}
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!Location
!Type
!Notes
|-
|Leidenstad, Cryria
|Headquarters
|
|-
|Lielsta, Cryria
|Data Center
|
|-
|[[Tokapa]], The Oan Isles
|Data Center
|
|-
|New Faramount, [[South Hills]]
|Data Center
|
|-
|Asilica City, [[Asilica]]
|Offices
|In the process of moving to Sugen following the [[2021 City of Asilica Terrorist Attack]]
|-
|Clifport, [[Dræset|Draeset]]
|Offices
|
|}
IBEC's shareholders are its user financial institutions, who elect a board of independent directors as their representatives. However, the growing importance of payment systems also saw the establishment of cooperative oversight by major central banks starting in 2000 in the form of the IBEC Oversight Committee. The Royal Bank of Cryria acts as the lead overseer for the network and provides monitoring on an ongoing basis. Day-to-day operations are conducted by full-time employees headed by IBEC's CEO.
{| class="wikitable"
|+Board of Directors(2021)
!Name
!Institution
!Country
|-
|Iakob Trikolovich
|(Chairman)
|Tivot
|-
|Allan Holmlund
|National Bank of Cryria
|Kingdom of Cryria
|-
|Maxim Polotentsev
|Volkia Union Bank
|Volkia
|}
{| class="wikitable"
|+IBEC Oversight Committee
!Institution
!Country
|-
|Royal Bank of Cryria
|Kingdom of Cryria
|-
|Imperial Vistari Mint and Banking Service
|[[Vistaraland]]
|-
|Royal Antoran Reserve
|[[Antora]]
|-
|The Bank of the Federation
|[[Federation of Bana]]
|-
|National Bank of Volkia
|Volkia
|-
|[[Auroran Central Bank]]
|[[United Nations of the Auroran Continent]]
|-
|[[Packilvanian Central Bank]]
|[[Packilvania]]
|}
=== Members ===
IBEC is jointly owned by numerous banks and financial institutions from across the world, the most notable of which are listed below:
{| class="wikitable"
|+List of Member Banks
!Bank
!Country of origin
!Operating region
|-
|[[Connie Max]]
|[[South Hills]]
|International
|-
|National Bank of Cryria
|[[Cryria]]
|Novaris
|-
|ETC(Erik, Torstein, & Company)
|[[Cryria]]
|Novaris
|-
|Ellesborg Credit Group
|[[Union of Free Cities]]
|International
|-
|Ellesborg Banking Cooperative
|[[Union of Free Cities]]
|International
|-
|Amrakhii Khadgalamj
|[[Älemsi Negdel]]
|North Novaris
|-
|Bank of Marago
|[[Serramal]]
|Serramal
|-
|Reserve Bank of Phoenixia
|[[Phoenixia]]
|Arcturia
|-
|BIB (Borean International Development Bank)
|[[Phoenixia]]
|[[Borea]]
|-
|[[Packilvanian Agricultural Bank]]
|[[Packilvania]]
|International
|-
|[[Packilvanian Development Bank]]
|[[Packilvania]]
|International
|-
|[[Packilvanian Industrial and Commercial Bank]]
|[[Packilvania]]
|International
|-
|[[Export-Import Bank of Packilvania]]
|[[Packilvania]]
|International
|-
|Post Bank of Packilvania
|[[Packilvania]]
|[[Yasteria]]
|-
|KBC (Kemer Banking Corporation)
|[[Packilvania]]
|[[Yasteria]]
|-
|ABP (Associated Banks of Packilvania)
|[[Packilvania]]
|[[Yasteria]]
|-
|SPBC (Southern Packilvanian Banking Corporation)
|[[Packilvania]]
|[[Yasteria]]
|-
|Bank of Packilvania
|[[Packilvania]]
|[[Yasteria]]
|-
|MMBC (Meked Merchant Banking Corporation)
|[[Packilvania]]
|[[Yasteria]]
|-
|[[Standard National Bank]]
|[[The Oan Isles]]
|International
|-
|Oan Industrial and Commercial Bank
|[[The Oan Isles]]
|International
|}
== Criticisms ==
=== Cylinder Urth Conspiracy ===
IBEC's logo has been extensively referenced by conspiracy theorists as evidence for the Urth's cylindrical nature. IBEC has frequently declined to comment on this.
[[Category:Cryria's Pages]]
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