Kred Bank of Kreedo [KBK]
The Kred Bank of Kreedo is the central bank of the Arcan Federation. The Kred Bank prints/mints all of the following currencies for foreign exchange purposes: United Nations Alliance Credit (UNAC), Alterro (₳), Ruble (pyб), and the Empera Crown (EC)
The KBK also maintains a credit system, known as Kreds, for internal revenue purposes. At the time of implementation of the Kred system, the Arcan Federation was a member-state of the United Superstate of Soviet Republics, and thus Kreds adopted the monetary units of the Ruble. Even with the departure of the Federation from the Superstate, the monetary units remained the same, and therefore each Kred is divided into 100 kopeks.
The KBK is ran by the Commissariat of Finance and overseen by several governmental oversight and regulation agencies, such as the Federative Regulatory Agency (FRA).
The KBK also maintains a credit system, known as Kreds, for internal revenue purposes. At the time of implementation of the Kred system, the Arcan Federation was a member-state of the United Superstate of Soviet Republics, and thus Kreds adopted the monetary units of the Ruble. Even with the departure of the Federation from the Superstate, the monetary units remained the same, and therefore each Kred is divided into 100 kopeks.
The KBK is ran by the Commissariat of Finance and overseen by several governmental oversight and regulation agencies, such as the Federative Regulatory Agency (FRA).
The Kred Bank of Kreedo is an earth-sheltered, saucer-shaped building, built within the Kreedo side of the outskirts of the Rodina Redeker mountain range which stretches across a vast part of the continent of Karilth on Arcis. The bank, itself, oversees the rest of the capitol city of Kreedo, and it is the farthest location from the epicenter of Kreedo which is still considered within city limits.
