List of banks in Iceland
Encyclopedia
Commercial
- Arion Bank
- Byr
- MP BankMP BankMP Bank is an investment bank and a commercial bank which operates in Iceland. Originally it was founded as MP Securities before the company began banking...
(also investment) - NBINBI (bank)NBI hf. is a state-run bank which operates in Iceland. The organisation was created in October 2008 after the government took control of the insolvent Landsbanki, formerly one of the three largest banks in Iceland...
- ÍslandsbankiÍslandsbankiÍslandsbanki is an Icelandic bank.-First Íslandsbanki:Íslandsbanki was originally created in 1990 through the merger of Alþýðubanki , Verzlunarbanki and Iðnaðarbanki...
Investment
- MP BankMP BankMP Bank is an investment bank and a commercial bank which operates in Iceland. Originally it was founded as MP Securities before the company began banking...
(also commercial) - Saga Investment BankSaga Investment BankSaga Investment Bank hf. is an independent investment bank in Iceland, specialising in providing a range of investment services including corporate finance, securities brokerage, asset management, bond issues and investment advice for companies, institutions and other professional investors . The...
- Straumur Investment BankStraumur Investment BankStraumur-Burdaras Investment Bank hf. was a regional investment bank headquartered in Reykjavik, Iceland, that was closed by regulators in March 2009.The company was mainly owned by Björgólfur Guðmundsson and his son Björgólfur Thor Björgólfsson...
Savings
- Sparisjóður Bolungarvíkur
- Sparisjóður Höfðhverfinga
- Sparisjóður Norðfjarðar
- Sparisjóður Ólafsfjarðar
- Sparisjóður Siglufjarðar
- Sparisjóður Strandamanna
- Sparisjóður Suður-Þingeyinga
- Sparisjóður Svarfdæla
- Sparisjóður Vestmannaeyja
- Sparisjóður Þórshafnar og nágrennis
Defunct banks
- Askar CapitalAskar CapitalAskar Capital was an investment bank in Iceland offering advisory services related to investments in alternative financial products. The bank was established at the beginning of 2007 after a series of mergers, building on its history from 1993 as a financial advisor. The specialities of Askar...
(privately owned) - Nýi Glitnir (previously government-owned)
- LandsbankiLandsbankiLandsbanki, also commonly known as Landsbankinn in Iceland, is a private Icelandic bank with international operations...
(previously government-owned, privatized, went back into government hands during the Icelandic financial crisis) - GlitnirGlitnirGlitnir is the hall of Forseti, the Norse god of law and justice, and the seat of justice amongst gods and men. It is also noted to have been a place of dwelling for Balder, Forseti's father in Norse and Germanic mythologies...
(previously government-owned, privatized, went back into government hands during the Icelandic financial crisis) - Kaupthing BankKaupthing BankKaupthing Bank was an international Icelandic bank, headquartered in Reykjavík, Iceland. It was formed by the merger of Kaupthing and Búnaðarbanki Íslands in 2003 and was the largest bank in Iceland....
(previously government-owned, privatized, went back into government hands during the Icelandic financial crisis) - Búnaðarbanki (merged with Kaupthing, became KB Bank and later Kaupthing BankKaupthing BankKaupthing Bank was an international Icelandic bank, headquartered in Reykjavík, Iceland. It was formed by the merger of Kaupthing and Búnaðarbanki Íslands in 2003 and was the largest bank in Iceland....
) - ÍslandsbankiÍslandsbankiÍslandsbanki is an Icelandic bank.-First Íslandsbanki:Íslandsbanki was originally created in 1990 through the merger of Alþýðubanki , Verzlunarbanki and Iðnaðarbanki...
(First Íslandsbanki was founded in 1904, went bankrupt during the Great DepressionGreat DepressionThe Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...
. Second Íslandsbanki came into existence when the government owned banks Útvegsbanki, Samvinnubanki, Iðnaðarbanki and Verslunarbanki merged. Íslandsbanki was later re-branded as Glitnir Bank, which was taken into government administration late 2008. The third Íslandsbanki will emerge on 20. February 2009 when the government-owned Glitnir Bank is set to be re-branded as Íslandsbanki) - Útvegsbanki (merged with Iðnaðarbanki, Alþýðubanki, Verzlunarbanki and Samvinnubanki)
- Samvinnubanki (merged with Iðnaðarbanki, Alþýðubanki, Verzlunarbanki and Útvegsbanki)
- Iðnaðarbanki (merged with Útvegsbanki, Alþýðubanki, Verzlunarbanki and Samvinnubanki)
- Verzlunarbanki (merged with Útvegsbanki, Alþýðubanki, Iðnaðarbanki and Samvinnubanki)
See also
- Economy of IcelandEconomy of IcelandThe economy of Iceland is small and subject to high volatility. In 2007, gross domestic product was US$12.144bn in total and $38,400 per capita, based on purchasing power parity estimates...