Banking in SiWallqanqa

Banking in SiWallqanqa, Arum, Sinaya and Pukara is dominated by four major banks: Caiman Banking Group, Paracas Grand Bank, SDB Ltd and VOBC. There are several smaller banks, credit unions and mutual banks with considerable presence in each nation. Numerous foreign banks have a significant presence in SiWallqanqa, but retail banking is almost solely the domain of the domestic banks.

The central bank is the "Central Bank of the Paracas" which manages monetary policy and banking regulation, financial stability, reserve management and issuance of coins and notes, for the SAEMU.

The Big Four Banks
Four major banks dominate the Paracas market, all four are currently based in SiWallqanqa.
 * Caiman Banking Group
 * Paracas Grand Bank - renamed from Imperial Bank in 1966
 * Southern Development Bank Ltd.
 * Vilque-Overseas Banking Corporation - formed in the 1992 merger of Hesperilla Financial Services and Vilque Community Banking Group

Other banks
Outside of the Big Four, there are several banks available in the Paracas, both retail and investment banks.


 * Siwnumal - is a privately owned commercial bank, and real estate and investment conglomerate, owned by the Royal Family.
 * Annapat Bank - is a regional retail bank based in Sinaya and Pukara
 * King Harvest Credit Union - is a farmer-focused community owned retail bank, active SiWallqanqa and Arumpampa
 * Stonechapel Mutual Bank - is a community owned retail bank active in Arumpampa and Sinaya

Central Bank of the Paracas
The Central Bank of the Paracas is the central bank serving the 4 countries which share the Paraci currency and comprise the SAEMU. It was established in 1968, alongside the SAEMU.