Deposithouse of Lark Ascending
Deposithouse of Lark Ascending
22 Uruguay Avenue, Lark Ascending
Deposithouse of Lark Ascending is bank based in the city of Lark Ascending. The Deposithouse specializes in and focuses primarily on servicing medium to large-sized commercial clients and is positioned to provide better-than-average interest rates for large deposits entities that happen to have large amounts of liquid assets in Monetary Unit form.
Some of northern Illuminatia's largest corporations are clients of the Deposithouse. The bank attracts large commercial clients from the major cities of the Anglo-Russo-Hungarian Megalopolitan Complex. Known clients of the Deposithouse are based in Serenade, Sonata, Swan Lake, and of course Lark Ascending.
The advantageous interest rates provide by the bank are notable due to the negative interest rate instituted by the Department of Monetary Policy (DMP). The Deposithouse finds ways of reallocating liquid assets to smaller commercial clients and to some personal clients of other banks, which has the effect of subjecting those funds to a less-negative interest rate than would be applicable if all of the funds were under the custody of a single profit-making entity.