Bank of Paloma
 | |
Native name | Banco de Paloma |
|---|---|
| State-owned enterprise | |
| Industry | Banking Financial services |
| Founded | Paloma City, Paloma (2019) |
| Founder | Aidan McGrath |
| Headquarters | , |
Area served | Worldwide |
Key people | President and Chairman of the board |
| Products | Investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, logistics |
| Owner | Government of Paloma |
Number of employees | 4 |
| Subsidiaries | |
The Bank of Paloma (Banco de Paloma; often abbreviated as BOP) is a Paloman state-owned national bank headquarted in Paloma City and Salvadora. It is one of two state-owned commercial banks in Paloma. The bank is the largest bank in Paloma and one of the largest lender of Microcredit and operates mostly on Kiva.
History
Founded on 4 December 2019, the Bank of Paloma was formed by Aidan McGrath and is operated by the Paloman Government. The bank specifically was made to specialize in loans and security.
Services
The bank provides microcredit to customers with their current accounts and persons via Kiva.
Major subsidiaries
Idolas
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BOP started operations in Idolas in 2021. It became a note-issuing bank in Idolas, producing and distributing the Idolas Dollar, the official currency of Idolas.