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Wargaming purchased 30% stake of Cypriot bank worth 40 Mill.

wargaming buying bank shares

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Vahakn #1 Posted 03 November 2013 - 10:51 AM

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It seems wargaming just got 30% stake of a Greek Cypriot bank in Cyprus worth 40 milion Euros.

have a look

http://cyprus-mail.c...ully-completed/

Poerhis #2 Posted 03 November 2013 - 10:59 AM

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So they basically have their own bank for tax evas... planning now?  :teethhappy:

_IronClaw_ #3 Posted 03 November 2013 - 11:01 AM

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So now, the online bank app crashes 30% of the time a transaction is completed. About once a month, a new app will be released, which breaks half of the other apps installed. Sometimes, transactions will just disappear for no reason. These are called "Ghost Transactions" but never officially recognized by WG. These disappearing transactions can all be explained by the banking mechanisms, according to WG.
Next month, a new type of bank account will be launched, which has a 50% better interest rate than all the others. Customers who want it, first need to purchase 7 other bank accounts. By the time they get it, the interest rate will be reduced by 49%, because other customers complained that the new bank account was overpowered.
In their latest system introduction, your account automatically gets matched up with other accounts, you can only transfer money from and to those. The announcement claimed your account will be matched up to those of your friends and business partners, but for some reason all you can see in the list are rich russian gas exporters.
.
Serb's comment to all of this was: "How terrible"

Edited by _IronClaw_, 03 November 2013 - 11:03 AM.


donk81 #4 Posted 03 November 2013 - 11:04 AM

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I'd have thought that a risky move by any investor but hey, it's us European taxpayers who'll foot the bill if the bank ever goes bust....again.

Mextli #5 Posted 03 November 2013 - 11:23 AM

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Arent most of the cypres banks already mainly used for russian money laundering? Atleast thats what came up in the discussion when the cypres banks needed money to be safed.

Scragger #6 Posted 03 November 2013 - 03:57 PM

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Yeah the Cypriot banks had very 'favourable' practices which is why a lot of eastern European/Russian 'businesses' <cough> had their money in them...  :trollface:

Vahakn #7 Posted 03 November 2013 - 07:08 PM

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cant imagine what will happen next.

Valeriadrina #8 Posted 04 November 2013 - 05:58 AM

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Bank "disappears" along with the funds and WG takes a financial hit? Who knows, bank sector in there is a real wild west atm.

elwoodblues23 #9 Posted 25 November 2013 - 09:33 PM

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Also: it won't be your bank account, you only have to pay 10quid a month to use it. The account and everything related to it, is property of warbanking.

darkfang77 #10 Posted 25 November 2013 - 09:40 PM

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lol, WG didn't learn their lesson when they lost 10% of their bank account to levies? remember WG, what goes around comes around, the more tax you evade, the harder the system will hit you back.

icykurt #11 Posted 26 November 2013 - 03:16 PM

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View Post_IronClaw_, on 03 November 2013 - 11:01 AM, said:

So now, the online bank app crashes 30% of the time a transaction is completed. About once a month, a new app will be released, which breaks half of the other apps installed. Sometimes, transactions will just disappear for no reason. These are called "Ghost Transactions" but never officially recognized by WG. These disappearing transactions can all be explained by the banking mechanisms, according to WG.
Next month, a new type of bank account will be launched, which has a 50% better interest rate than all the others. Customers who want it, first need to purchase 7 other bank accounts. By the time they get it, the interest rate will be reduced by 49%, because other customers complained that the new bank account was overpowered.
In their latest system introduction, your account automatically gets matched up with other accounts, you can only transfer money from and to those. The announcement claimed your account will be matched up to those of your friends and business partners, but for some reason all you can see in the list are rich russian gas exporters.
.
Serb's comment to all of this was: "How terrible"

Don't forget Russian accounts earn 50% pa interest rate, while all other countries (except Britain) earn 0.05% pa.

British accounts earn -20% pa.

Asghaad #12 Posted 27 November 2013 - 08:37 AM

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View Postdarkfang77, on 25 November 2013 - 09:40 PM, said:

lol, WG didn't learn their lesson when they lost 10% of their bank account to levies? remember WG, what goes around comes around, the more tax you evade, the harder the system will hit you back.

wasnt one of the most repeated excuses for over the top prices (especially over RU) from WG about high taxes on virtual goods in US and EU ? .)




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