Pernault Financial Group
| Distinctions: | Fortune 666 |
| CEO: | Dr. Kodali |
| Country: | Meritocratic Republic of Trattoria |
| Website: | www.pernault.tr |
| ▲ TRX: PFG | 778.5 +21.4 (2.83%) |
"Money is our business."
Pernault Financial Group is an international bank holding and financial services company based in Trattoria. The largest bank in Trattoria and the third-largest bank in the Nehellium Galaxy and its satellite galaxies, Pernault exercises a tremendous amount of financial influence on the galactic economy. The conglomerate was formed in G.R. 2005 through a merger between two major Trattorian banks to provide Trattoria a competitive edge in the galactic financial industry.
The Pernault Financial Group is broadly split between two major subsidiaries- the Pernault Banking Group and the Pernault Investment Group. Pernault Banking operates as a typical depository and lending institution as well as maintaining debit and credit card services. The subsidiary works closely with BlueGene Inc. and Appel Inc. in implementing the Trattorian Appel Pay system, one of the most convenient payment systems in the BrikVerse. A Trattorian Citizen can simply submit to a genetic scan and the owed amount will be automatically deducted from his/her account. The Pernault Banking Group also operates foreign branches and is known for its reliability and stability.
The Pernault Investment Group is an umbrella organization that trades in all types of securities- stocks, commodities, forex, and all manners of exotic derivatives and financial instruments. Its financial activities span almost all major galactic exchanges. The PIG has a notorious reputation for playing loose with financial regulations, both domestic and abroad. Although the Economics Department's Comptrollers have curbed the worst of the PIG's excesses at home, the subsidiary has been known to shift its riskier trading activities internationally and collapse the economies of entire, otherwise stable nations. Its reckless trading in collateralized debt obligations on sub-prime mortgages, along with similar activity throughout the galactic financial industry, led to the 2004 BrikVerse Financial Krisis. Although Trattoria was spared the recession thanks to the quick response of the Economics Department, many other nations in the BrikVerse were embittered by the experience and enacted new regulations to control the banks. The most notable was the USA's Dud-Frankfurter Act, although the PIG's USA branch and Citygroup continue lobbying the USA Congress to repeal the law.
| Key Financials | (Amount) | (% change) |
| Revenues: | ₮361.89 trillion | 24.5% |
| Profits: | ₮86.1 trillion | 6.52% |
| Total Assets: | ₮2.43 quadrillion | |
| Total Shareholder Equity: | ₮854.2 trillion | |
| Market Value: | ₮189.2 trillion |
