Encyclopedia Actions Organisations Bank Loan

Bank Loan 75

Allows an organisation to request a loan from the [URL=/help/org?type=cbank]Central Bank[/URL]. The loan amount is transferred immediately to the borrower, but is excluded from its taxable wealth for a grace period of one week. Interest accrues and is charged daily, regardless of the borrower’s cash balance. The borrower may repay the loan, in part or in full, at any time.

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This action takes place on one of the following buildings: Central Bank.

Bank Loan

Required skills and resources:

Requires approval of the following characters:

  • At least one official of the Central Bank.