Artwingen-Louis Investment Bank
 Artwingen-Louis Investment Bank logo | |
| Abbreviation | ALIB |
|---|---|
| Motto | Pecuniae obediunt omnia |
| Formation | May 1696 |
| Type | Monetary International Financial Organisation |
| Headquarters | Artwingen, Lindenholt Port Louis, Capsland |
Membership | |
Key people |
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Staff | 29,453 (2019) |
| Website | alib |
The Artwingen-Louis Investment Bank is a financial institution that provides loans to countries of the world for capital projects. The bank is based in both Port Louis in Capsland and in Artwingen in Lindenholt. While officially still considered a private institution, governments from all around the world own shares in the bank.
History
The bank's history can be traced back to the 17th century, when Charles I of Guildelew was simultaneously king of Capsland and stadtholder of Lindenholt. The 17th century saw the start of banking and the insurance industry, as colonialism and global trade required institutions that could fund dangerous expeditions, and to compensate those whose ventures had failed. The bank invested in many colonial and trade enterprises, and can directly be held responsible for the success of Lindian and Capslandian trading companies.
The bank served as a source of colonial investments and development up until the first world war, after which the great depression's financial circumstances required the Lindian and Capslandian governments to loan money from the bank. These loans made major public works projects possible that created millions of jobs in both countries.
It was not until after the end of the second world war that the bank would come in to the form it is in right now. The rebuilding of Ventismar after the war required vast amounts of capital and investments. The ALIB financed such reconstruction projects and loaned money to the Lindian and Capslandian governments. In 1946 the bank gave out its first international loans to Ripuaria, Felsinia and Umbrellya. In 1949 the bank ceased to give out loans to privately ran cooperation entirely, to focus on providing capital to governments.
Controversies
Current activities
The Artwingen-Louis Investment Bank is active across the globe, having helped finance numerous capital projects and bolster government budgets across the world. The earliest adopters of the bank were Lindenholt and Capsland, quickly followed by several states in Ventismar and Rhodevus. Over the course of the later half of the twentieth century, the bank has also played a large role in Corentian and Ziamban finance -- as governments there also looked to the ALIB for credit.
Currently, the bank has around 20 billion Aurei of outstanding credit for all of the participating members.