Bank of Salanda

The Bank of Salanda is the Kingdom of Salanda’s main bank. The establishment date of the Bank of Salanda is unknown due to the Salanda National Archives having missing documents. The bank makes and pegs the SC (Salanda Coins) which are the currently of the Kingdom of Salanda. The Bank of Salanda is headquartered in Suveste the capital of the Kingdom of Salanda. On the 21st of October 2021 the Bank of Salanda announced that it is working on a new Intermicronational currency called Microcredits which will be used by the AOTM economic group members. The Bank of Salanda is currently managed by the Treasury of the Kingdom of Salanda.

Reserves

The Bank’s reserves are maintained by the Unionised Fashioned Salandarian Reserves abbreviated as the UFSR. The UFSR is a department of the Bank of Salanda which keeps watch over the economic stability. The meaning of the name is that there is need to unite the nation’s reserves in times of crisis when need and that it is fashioned to keep watch over the Salandarian reserves.