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- "Anyway, it's not my father I'm worried about. It's the Iron Bank of Braavos. We owe them tens of millions. If we fail to pay these millions, the Bank will fund our enemies. One way or another, they always get their gold."
- ―Tyrion Lannister
The Iron Bank of Braavos is a bank in the Free City of Braavos. It is a powerful financial institution of the Known World, with clients across Essos and Westeros, including the government of the King of the Andals and the First Men who rules over the Seven Kingdoms.
History
Season 1
Eddard Stark is shocked to learn that the crown is six million Gold Dragons in debt, of which three million are owed to House Lannister (though the Iron Bank of Braavos is not directly named as one of the other creditors).[1]
Season 3
After taking over the role of Master of Coin from Petyr Baelish, Tyrion Lannister discovers that Baelish has been funding the Iron Throne's budget by borrowing tens of millions of Gold Dragons from the Iron Bank of Braavos, which has a tradition of funding the enemies of rulers who fail to repay their debts.[2]
In the books
In the A Song of Ice and Fire novels, the Iron Bank of Braavos is the most powerful banking institution in the known world, richer and more powerful than all others banks combined and with fearsome reputation when collecting debts. When princes or kings default on their debts or are foolish enough not to honor their agreements with the Iron Bank, new princes and kings appear with the Iron Bank's support. These new princes and kings then honor the previous debt along with paying back the money the bank loaned them in claiming their new power, lest they suffer the same fate as their predecessors. "The Iron Bank will have its due" is a common saying among Braavosi.
See also
- Iron Bank of Braavos at A Wiki of Ice and Fire (MAJOR spoilers from the books)