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Lakeside Deposit Counter

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Lakeside Deposit Counter
Native name
(Lsh) Topart Bételek Tzamalo
Limited company
IndustryRetail banking
Commercial banking
Investment banking
Private banking
Wealth management
Asset management
FoundedJune 5, 1840; 184 years ago (1840-06-05)
HeadquartersDrevstran
Area served
Drevstran
Servicesbanking
insurance
Asset management
RevenueIncrease 21 billion solidus
Increase 10 billion solidus
Increase 4.5 billion solidus
Total assetsIncrease 800 billion solidus
Number of employees
110,000 (2020)

The Lakeside Deposit Counter is a multinational financial services company based in Angrast and Havar, two cities in Drevstran. It is both the oldest and largest bank from the country. Contrary to other Drevstraneses banks, the TBT maintain its presence internationally around Lake Kulpanitsa and the Periclean.

The bank was founded in 1840 from the merging of two previous institution, the Havari Deposit Counter and the Angrast Commercial Credit Company. Since its foundation the bank has been involved with international markets and played an important role within the Triple Monarchy until the Drevstranese Civil War where it would ultimately elect to support Vilvo Orbraggar, financing his early resistance against the Farkas Band and then the professionalisation of its troops. This proximity with the Orbraggist would make it an important backer of the post-civil war reconstruction effort.

History

Origin

The TBT find its origin in two personal stories. Bernat Largos (??? - 1745) was a Docetic Lushyod sailor who lived mainly between the cities of Havari in Drevstran and of Iaeria in modern Ostrozava. Having family on both side, he had the idea of employing some of his family members and connection on either side of the lake to create, or modernize rather, a system in which sailors and travellers would be able to make deposits on one side of the lake before their journey and withdraw an equivalent sum on the other side once they arrived. Ultimately, their business became known as the Havari Counters so-called after the place of origin of the Largos family, and Bernat ended up registering his own company under the name of Havari Deposit Counter in 1730.

A contemporary of Bernat Largos, Salmo Katton (1670 - 1743), a Vörönyak jew who had served as soldier in the Lushyodor king' army and had just been demobilized was recruited by his uncle, a wealthy Kulpanitsan jew from Barbellon, and sent to the recently conquered Angrast to expand the familial trade to new horizons. Salmo would develop the bank' filial there until after the death of his uncle he created his own institution: the Angrast Commercial Credit Company in 1725.

The two banks would survive their founders and thrive until the mid 19th when all financiary institutions in Drevstran where severly hit by a crisis. This situation led to government intervention, ultimately ending in a fusion of both banks into a single Lakeside Deposit Counter in 1840.