Royal Bank of Woodlandia

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Royal Bank of Woodlandia (R.B.W.) Corporation
Crown corporation
IndustryBanking Service
Founded17 March 2019; 20 months ago (2019-03-17)
HeadquartersFreedom, Woodlandia
Number of employees
2

The Royal Bank of Woodlandia Corporation (French: Banque Royale de Woodlandia), abberviated RBW, is a Crown Corporation which functions as the primary banking institution in the Principality of Woodlandia. All crown and government-owned banks within the Principality are supervised by the Ministry of Finance, Planning and Economic Promotion, a division of the Treasury Department.

Chartered in 2019 under the Bank of Woodlandia Act, it is responsible for formulating Woodlandia's monetary policy and for the promotion of a safe and sound financial system within Woodlandia. The Bank of Woodlandia is the sole issuing authority of Woodlandia banknotes, provides banking services and money management for the government, and loans money to Woodlandia financial institutions.

History

The Royal Bank of Woodlandia was established on March 2019 by His Royal Highness Prince Shawn, Hereditary Sovereign Prince of the Principality of Woodlandia.

Accepted Currency