Royal Bank of Essexia

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Royal Bank of Essexia

Logo Royal Bank of Essexia.png

Headquarters Danbury, Essexia
Established 18 July 2018
Warden Earl Finn of Hawarden
Central bank of Essexia
Currency Essexian Yen (EXY)
Bank Rate 0.75%

The Royal Bank of Essexia is the official bank of Essexia, and is the only business that is permitted by Emperor Terry to print Essexian Yen. It is managed by the Warden of the Royal Bank, who is currently the Lord Finn.

History

The RBE was founded in July 2018 by Emperor Terry and Lord Jack to manage, print, and distribute the Essexian Yen after it was decided that the aforementioned currency would be made public to the citizens of Essexia. The Bank maintains an online presence on the Essexia discord, and distributes digital Essexian Yen among the citizens until physical Yen can be mass produced and distributed.

Coat of Arms of the Royal Bank of Essexia.
Designed by Earl Finn

After the Federalist Coup of September 16th, the Royal Bank of Essexia became the Federal Bank of Essexia, however after the Treaty of Chelmsford established Emperor Terry as the ceremonial head of state, and the FBE became the RBE once again.

Despite the King becoming Emperor on the 17th June 2019, and Royal assets becoming Imperial ones, it was decided that the RBE should retain Royal in its name until a later date, for simplicity and heritage.