EVE Search - Dynasty Banking March Report

All Channels

Market Discussions

Dynasty Banking March Report

» Click here to find additional results for this topic using Google

Monitor this thread via RSS [?]

Pages: [1] 2 :: one page
Author	Thread Statistics \| Show CCP posts - 0 post(s)
Manalapan Dynasty Banking	Posted - 2009.04.29 13:58:00 - [1] I would like to announce that a few days ago Dynasty Banking broke the 1000 account marker. On that high note the March Report is now up. HERE Dynasty Banking
Lecherito	Posted - 2009.04.29 14:10:00 - [2] Big fan of you guys. Wish you didn't have a billion isk per month deposit limit =P Glad to see all is well. -L
Kazzac Elentria	Posted - 2009.04.29 14:18:00 - [3] Good read Manalapan Great to see interest rates coming down, investments diversified, and holdings spread wider. Should make your life easier in the long run.
Bad Bobby Ugly Toys Zzz	Posted - 2009.04.29 14:36:00 - [4] Yay, good rates! In particular I like the new lower CD rates. That opens the door for 4%-7% IPO/Bond rates in MD without being overshadowed by DBANK or requiring an awesome reputation. Keep up the good work.
Vested Interest	Posted - 2009.04.29 14:44:00 - [5] Will existing CDs have the interest rate reduced? Holy escrow balance! Do those traders carry a balance on margin?
Bad Bobby Ugly Toys Zzz	Posted - 2009.04.29 14:56:00 - [6] Originally by: Vested Interest Will existing CDs have the interest rate reduced? I think I can safely answer this one with a NO. Existing CDs will run their term at the rate you signed up to at the start.
Lecherito	Posted - 2009.04.29 15:07:00 - [7] Oh, are people free to start CDs up and until May 1st while retaining the 5/6/7% interest rates? If so, do you expect to see an inconsistently large surge of people scrambling to get their money in before the rates change? -L
Amarr Citizen 155 Alternative Methods Research Group	Posted - 2009.04.29 15:39:00 - [8] No announcements of employees who have left DBANK? Quote: Ricdic (about starting ebank, July 2007): Think of it as a miniature EIB done right. I cannot see this getting anywhere near 700b any time in the future tbh.
Ji Sama Caldari Tash-Murkon Prime Industries	Posted - 2009.04.29 15:42:00 - [9] nice almost 500 billion in assets... thats just crazy.... gj imo, very gj! Quote: The SCC-LOUNGE is now offering Secure Commerce Services @ www.scc-lounge.wordpress.com
Manalapan Dynasty Banking	Posted - 2009.04.29 19:09:00 - [10] Originally by: Vested Interest Will existing CDs have the interest rate reduced? Existing CDs will remain the same. Originally by: Amarr Citizen 155 No announcements of employees who have left DBANK? Nope there was only the announcement last month of Salpad stepping away from EVE for the time being hence him being left out on this report. Dynasty Banking
Kevin Kenobi Sigillum Militum Xpisti	Posted - 2009.04.29 19:34:00 - [11] I for one will be dumping as much ISK as I can into one of the CD's before the rates drop.
Exec Order Caldari	Posted - 2009.04.30 01:47:00 - [12] Originally by: Lecherito Oh, are people free to start CDs up and until May 1st while retaining the 5/6/7% interest rates? If so, do you expect to see an inconsistently large surge of people scrambling to get their money in before the rates change? -L Yes people are free to open CDs up to May 1st at the old rates. We anticipate that there may be a slight, but manageable bump in CDs. Exec Order Dynasty Banking Director
Salpad Caldari Carebears with Attitude	Posted - 2009.04.30 05:29:00 - [13] Originally by: Manalapan I would like to announce that a few days ago Dynasty Banking broke the 1000 account marker. On that high note the March Report is now up. HERE I'm glad to see that you can still manage to get things done without me! It's nice being on vacation, but I look forward to returning to work for you in July. -- Salpad
Molock Saronen	Posted - 2009.05.01 13:53:00 - [14] Just a guess, but I think someone forgot to pay their hosting fees.
Kazzac Elentria	Posted - 2009.05.01 14:27:00 - [15] Originally by: Molock Saronen Just a guess, but I think someone forgot to pay their hosting fees. The report stated that they were planning a server move for their host
Solisk Gallente HyperFang Aquisitions And Logistics	Posted - 2009.05.01 14:36:00 - [16] Originally by: Kazzac Elentria Originally by: Molock Saronen Just a guess, but I think someone forgot to pay their hosting fees. The report stated that they were planning a server move for their host Shame, I didn't get to read the report before they moved.
Manalapan Dynasty Banking	Posted - 2009.05.01 15:05:00 - [17] HERE is a new location for the report for those that might have missed it. Dynasty Banking
Kitchie Gallente Kitchie's Logistics and Marketing Corp	Posted - 2009.05.01 16:53:00 - [18] There is currently a problem accessing the DBANK website and we're trying to get it fixed ASAP. Not being able to read our latest report is probably torturing some of you but we beg your indulgence and assure you that it's worth the wait.... Dynasty Banking - DBANK
Borsek Gallente A.A.A space weaponry and trade	Posted - 2009.05.01 18:06:00 - [19] Originally by: Kitchie stuff Make a new topic about the page and its 48h offlininess... I almost thought that scam everyone was talking about was true!!! But yeh... can you tell me when you're taking all the money so I can withdraw mine? :P I eat pie, then you die.
Marketeer Dazel	Posted - 2009.05.03 04:49:00 - [20] Wow, that is a huge cut on the CD rates. The 4 month now brings in less interest then the old limited account. You do realize that most of your CD business will now disappear? I have billions in your CD's that will mature and now I have no reason to start up new ones. Kinda makes DBank redundant with EBank as now they both have low interest rates and DBank has lost it's niche appeal.
Stardust CEO Stardust Manufacturing	Posted - 2009.05.03 05:14:00 - [21] It was necessary, period.
Ricdic Caldari Tleilex Developments Dara Cothrom	Posted - 2009.05.03 06:51:00 - [22] Originally by: Marketeer Dazel Wow, that is a huge cut on the CD rates. The 4 month now brings in less interest then the old limited account. You do realize that most of your CD business will now disappear? I have billions in your CD's that will mature and now I have no reason to start up new ones. Kinda makes DBank redundant with EBank as now they both have low interest rates and DBank has lost it's niche appeal. I have to comment on this. I think DBANK bringing its rates down was crucial in terms of longevity and stability. The second highest risk after scam is failure in all public operations. The scam potential diminishes internally with the banks (E&D) due to BoD, oversight, auditing, limitations of funds etc. Failure however can be a lot harder to control. Imagine DBANK 2 months ago paying almost double the interest (of EBANK) to their account holders whilst having only 1/3 of the capital investment. Then imagine the Xabier scam hurting your bottom line considerably knocking out about 20% of your value. Even not counting the Xabier scam I think the rate reduction was 100% crucial, not because DBANK was on the verge of failure, but because DBANK needed to take a long-term view of where it wanted to be. The initial reason for the high rates was providing an alternate slightly lower risk, higher return option to EBANK. After operating now for (I can't remember exactly) 7-10 months they have proven they aren't planning on going anywhere soon. I think the change made by DBANK was long overdue and should be welcomed by the community by an entity looking to solidify itself into the financial sector for (hopefully) many years to come.
flakeys Caldari Provisions	Posted - 2009.05.03 07:13:00 - [23] Originally by: Ricdic Originally by: Marketeer Dazel Wow, that is a huge cut on the CD rates. The 4 month now brings in less interest then the old limited account. You do realize that most of your CD business will now disappear? I have billions in your CD's that will mature and now I have no reason to start up new ones. Kinda makes DBank redundant with EBank as now they both have low interest rates and DBank has lost it's niche appeal. I have to comment on this. I think DBANK bringing its rates down was crucial in terms of longevity and stability. The second highest risk after scam is failure in all public operations. The scam potential diminishes internally with the banks (E&D) due to BoD, oversight, auditing, limitations of funds etc. Failure however can be a lot harder to control. Imagine DBANK 2 months ago paying almost double the interest (of EBANK) to their account holders whilst having only 1/3 of the capital investment. Then imagine the Xabier scam hurting your bottom line considerably knocking out about 20% of your value. Even not counting the Xabier scam I think the rate reduction was 100% crucial, not because DBANK was on the verge of failure, but because DBANK needed to take a long-term view of where it wanted to be. The initial reason for the high rates was providing an alternate slightly lower risk, higher return option to EBANK. After operating now for (I can't remember exactly) 7-10 months they have proven they aren't planning on going anywhere soon. I think the change made by DBANK was long overdue and should be welcomed by the community by an entity looking to solidify itself into the financial sector for (hopefully) many years to come. Right on this one but look at it this way.When you get your image hurt like with the Xabier-thingy then having a high monthly CD return will still attract people no matter what others claim about the safety. I know if i had to choose where to place for example 5 billion a month ago i would go for Dbank instead of Ebank because of the high returns.Seeing the new returns i would say the opposite because of the safety. Don't get me wrong however i agree on the idea they HAD to lower the rates.But this will have a high impact for sure.However i think they should see it as taking it to the next level and should take the loss of investments for what it is the next months and grow on from there.Good thing is they got 4 months to go with the 4month Cd's before the new rate kicks in wich is more then enough time to prepare.
Kazzac Elentria	Posted - 2009.05.03 12:07:00 - [24] Think of it this way. Manalpan has like the freaking midas touch when it comes to making profits and that for the most part he and he alone was responsible for making sure that dynasty met its interest obligations. Something was going to break eventually For his own sanity I;m happy dynasty is lowering rates since it will free him up to do others things, like focusing on diversification of bank assets, and measured growth
YouGotRipped Ewigkeit	Posted - 2009.05.03 16:52:00 - [25] Edited by: YouGotRipped on 03/05/2009 16:52:28 Originally by: Kazzac Elentria Think of it this way. Manalpan has like the freaking midas touch when it comes to making profits Oh please, Manalapan is not spending much time playing (feel free to add him to your address book), just when the margins on freighters have gone down, the Dbank rates are going down as well. It's no ****ing coincidence. Either that or he's running a Ponzi scheme. Black Sun Empire
cosmoray Cosmoray Construction	Posted - 2009.05.03 17:27:00 - [26] Glad to see the interest rates coming down to a realistic level. This will open up the corpoarte bond market for bonds in the 4-8% per month range, which will now be more attractive to investors with these new lower bank rates.
Salpad Caldari Carebears with Attitude	Posted - 2009.05.03 20:28:00 - [27] Originally by: Ricdic The initial reason for the high rates was providing an alternate slightly lower risk, higher return option to EBANK. After operating now for (I can't remember exactly) 7-10 months they have proven they aren't planning on going anywhere soon. I think the change made by DBANK was long overdue and should be welcomed by the community by an entity looking to solidify itself into the financial sector for (hopefully) many years to come. Rather longer than 7-10 months, in fact. I was able to use the EVE-Search website (run by Chribba?) to dig up Manalapan's very first monthly reports, last year, and they go back to very early 2008. I don't remember the exact month, but I can find it if somebody asks on here. Also note that Dynasty Banking started out with 10% per month on 4-month CDs, throughout all of 2008 except for a brief period during the summer when creation of 4-month CDs was closed so that the best interest rate was 8% per month on 3-monthers. Then from January onwards, the highest interest rate was lowered from 10% per month to 7%. And now it has been lowered again (both times with the other interest rates following suit). -- Salpad
Marcus Baltar	Posted - 2009.05.03 21:30:00 - [28] Originally by: Salpad Rather longer than 7-10 months, in fact. I was able to use the EVE-Search website (run by Chribba?) to dig up Manalapan's very first monthly reports, last year, and they go back to very early 2008. I don't remember the exact month, but I can find it if somebody asks on here. Also note that Dynasty Banking started out with 10% per month on 4-month CDs, throughout all of 2008 except for a brief period during the summer when creation of 4-month CDs was closed so that the best interest rate was 8% per month on 3-monthers. Then from January onwards, the highest interest rate was lowered from 10% per month to 7%. And now it has been lowered again (both times with the other interest rates following suit). I believe the first post about Dynasty Bank was this one (2008.02.25 03:46:00), which was greeted with the usual MD response The first report, linked as are all the others (except the most recent, so far), from the Dynasty website is this one (2008.03.03 06:38:00)? Whatever, well done to Manalapan and Iknota for persevering, and to all the other past, current and future members of DBANK that have made it what it is now, and long may it continue in the future, albeit at lower interest rates . Hmm, that sounds a bit like a suck-up Yes, I believe Eve-search is one of Chribba's projects, as are all these others?! -- DesuSigs
Carselyn	Posted - 2009.06.29 19:46:00 - [29] Hi, good reading and I'm happy for you (and for me) Got a small problem: I cannot access the site any more. When I put http://bank.dyco-eve.com/ the answer is 'Could not select database' What is wrong? Thanks
HawkBlade Minmatar The Higher Standard Virtue of Selfishness	Posted - 2009.06.29 19:52:00 - [30] Originally by: Carselyn What is wrong? I'd tell you but: I'd be feeding a troll. I'd get a warning for trolling/flaming Your problem is probably very hard to pronounce.

Pages: [1] 2 :: one page
First page \| Previous page \| Next page \| Last page

COPYRIGHT NOTICE
EVE Online, the EVE logo, EVE and all associated logos and designs are the intellectual property of CCP hf. All artwork, screenshots, characters, vehicles, storylines, world facts or other recognizable features of the intellectual property relating to these trademarks are likewise the intellectual property of CCP hf. EVE Online and the EVE logo are the registered trademarks of CCP hf. All rights are reserved worldwide. All other trademarks are the property of their respective owners. CCP hf. has granted permission to EVE-Search.com to use EVE Online and all associated logos and designs for promotional and information purposes on its website but does not endorse, and is not in any way affiliated with, EVE-Search.com. CCP is in no way responsible for the content on or functioning of this website, nor can it be liable for any damage arising from the use of this website.