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Chapter 264: The Vibrant Dalaran

Since the rise of Master Orendor Sefrosa, Dalaran's system has been constantly changing.

As long as their own interests are not damaged, the mages are used to changes and enjoy them.

Just this winter, Orento reformed Dalaran's financial system.

In the past, the gold coins minted by Dalaran were of excellent quality and have always been popular in all human kingdoms. Everyone is happy to use Dalaran gold coins.

This also made Dalaran's bank the most trusted bank among the seven human kingdoms.

The great merchants and nobles of other kingdoms were happy to deposit their money at Dalaran Bank and were happy to exchange their own gold coins for Dalaran gold coins.

Even if there are a lot of handling fees and losses during the exchange process, the nobles are happy.

In fact, at this time, the human bank was similar to the banker. You could save money or save items, but you could not borrow money. Moreover, saving money and storage is not only without interest, but also a bank handling fee is required.

Orento Speaker, with the order of the head of state of Dalaran, issued the latest financial reforms.

Dalaran Financial Reform Regulations 1: From the date of its publication, no handling fees and custody fees will be charged when depositing money at Dalaran Bank, and Dalaran Bank will also pay interest! The interest amount will be floating, the upper limit will not exceed 5%, and the lower limit will not be lower than zero. Before this, gold coins that have been deposited in Dalaran Bank will no longer be charged for storage fees, and interest will be calculated from the date of initiation of the reform.

Dalaran Financial Reform Regulations 2: Dalaran Bank will issue a special magic check based on the issuance of the original gold coins! This magic check that cannot be faked can ensure that customers can trade at will as long as they have money in their accounts without having to bring gold coins. This solves the inefficiency of those big merchants or nobles who often have to pull a cart of gold coins when doing business or trading.

Dalaran Financial Reform Regulations 3: From the date of the Regulations being issued, Dalaran Bank will lend. All mages and qualified nobles can borrow from Dalaran Bank with their credit or collateral. Loan customers have to pay interest from the bank, and they can choose to apply for installments or return them in one go.

Dalaran Financial Reform Regulations 4: Borrowing magical technology and Orento Magic Network, Dalaran Bank will open branches within the territory of the allies to make business abroad.

As soon as the four financial reforms were released, the mages and nobles understood the rules and regulations and understood the power of it.

The new policies proposed by Dalaran Bank and the Speaker have become very popular.

When banks including the Elf Kingdoms, including the dwarfs, dwarfs and humans all require handling fees and storage fees for deposits, Dalaran Bank does not charge fees, but instead pays interest!

And the one who did this is still very credible. The official bank of Dalaran endorsed by Dalaran is no less credible than that of the elves!

As soon as this financial policy was released, Dalaran Bank was almost crowded with crowds that day!

Countless Dalaran citizens, human businessmen or other businessmen, waving their money to deposit their money to Dalaran Bank in order to earn interest to achieve the purpose of making money.

Later, the great merchants who developed into several other human kingdoms were moved and took out the gold coins in their vaults, or took out the gold coins in their own national banks, and sent part of them to Dalaran to eat interest.

As a result, one month after the financial reform regulations came out, the gold coins deposited by Dalaran Bank this month were equivalent to the total of the past 20 years...

Fortunately, this is a mage city, and the various persons in charge of the bank are also mages. Arcane can solve all problems, so it barely maintains the normal operation of the bank.

The issuance of checks is very popular with all kinds of merchants and nobles. Gone are the days when pulling a few carts of gold coins to do business, and spending a lot of money and energy to protect small money.

Now the big merchants only need to take out their magic checkbooks, use various magic spells that only they can unlock, write down numbers on the checkbooks, and finally confirm.

You can transfer their gold coins in Dalaran Bank to other accounts.

You can get cash by reading a book! Follow WeChat and official account, and you can order cash coins to wait for you!

Safe, fast, simple and direct!

As for the loan policy, it is also very popular among mages, nobles and even merchants. Before Dalaran Bank does the previous business, many large commercial banks and nobles are already doing this business.

Compared with those nobles and business banks, Dalaran Bank has higher reputation and much lower interest rates, so it is naturally more popular.

In more than a month, Dalaran Bank borrowed more than 5 million Dalaran gold coins.

This is because the loan policy has just been released. The assessment and requirements for all aspects of the loan are very strict, and more than 90% of the loans require collateral, so this is the only way to put them in!

After all, mages need to spend money on experiments and refining arcane techniques, nobles need to spend money on enjoyment, and merchants sometimes need to turnover when doing business. Many times, they will have insufficient funds and no other way to make money. Loans are a good choice.

As soon as Speaker Orento's financial reform came out, it suddenly made the Azeroth "financial circle" that had been stagnant for thousands of years active.

The two reforms of saving money to pay interest and checks have also transferred the wealth of other surrounding human kingdoms and even some of the elves to Dalaran!

As Dalaran's sanctions on the four kingdoms changed, and became targeted only at the royal family or people close to the royal family, the scene of wealth transfer was greatly intensified.

It was at this time that the vanguard of the Dwarf Envoy, Lord Bronzebeard, who ran faster than all the dwarves, arrived at this increasingly brilliant and vibrant city.

Compared with humans, dwarves are also considered immortal species. These short, honest and strong guys can generally live to live to 300,500 years old. Some of the best ones can even live to thousands of years old.

In fact, for some reason, dwarves, like dwarves and humans, have inexplicable sense of friendship when looking at each other.

They are obviously very different in shape and appearance, but the three tribes of dwarfs, humans and dwarfs will not react as much as they see each other's individuals as they see other alien races.

A dwarf hunter with a gun suddenly saw a troll or zombie coming out in the jungle and would definitely subconsciously give him a shot. But if the person who came out was a human or a dwarf, there would not be such a phenomenon.

Many human or gnome scholars have realized this, but they cannot find the reason.

The most reliable speculation is that the ancestors of these three tribes may have a close relationship. So even if the descendants have been separated for so long, they still feel a little intimate when they see each other.

So in this case, a dwarf suddenly appeared outside the Dalaran wall where few dwarves appeared.

Although the guards and the passing humans were surprised, after checking the certificate of Brian's Bronzebeard, the Dwarf Prince was placed in Dalaran.

The future famous adventurer, Lord Bronzebeard, also began his legendary traveling around the world.

The first stop of this legendary starts in Dalaran. The dwarf was soon dazzled by Dalaran's prosperity and singularity, and felt the scenery and atmosphere completely different from the Iron Fortress.

"I love Dalaran!!"
Chapter completed!
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