Saga Investment Bank hf. is an independent investment bank in Iceland

Iceland

Iceland , described as the Republic of Iceland, is a Nordic and European island country in the North Atlantic Ocean, on the Mid-Atlantic Ridge. Iceland also refers to the main island of the country, which contains almost all the population and almost all the land area. The country has a population...

, specialising in providing a range of investment services including corporate finance

Corporate finance

Corporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value while managing the firm's financial risks...

, securities brokerage, asset management, bond

Bond

Bond, bonds, bonded, and bonding may refer to:* Peace-bonding, something which makes a weapon unusable as a weapon- Fiduciary :* Bond , in finance, a type of debt security...

 issues and investment

Investment

Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

 advice for companies, institutions and other professional investors . The firm operates according to the Financial Institutions Act No. 161/2002 under the supervision of the Icelandic Financial Supervisory Authority .

Origins

Saga Investment Bank hf. was established in the autumn of 2006 under the name of Saga Capital Investment Bank . By the spring of 2007, the firm completed a closed share offer resulting in approximately 60 shareholders. Its standard banking operation began in the summer of 2007 after the Financial Supervisory Authority granted the firm an investment bank operating license . The bank abbreviated its name from Saga Capital Investment Bank to Saga Investment Bank in the autumn of 2010 .

Offices

Saga Investment Bank’s offices are located in the north and southwest of Iceland. The firm’s main headquarters is in Akureyri

Akureyri

Akureyri is a town in northern Iceland. It is Iceland's second largest urban area and fourth largest municipality ....

, but the Corporate Finance and Capital Markets sectors are located in Reykjavík

Reykjavík

Reykjavík is the capital and largest city in Iceland.Its latitude at 64°08' N makes it the world's northernmost capital of a sovereign state. It is located in southwestern Iceland, on the southern shore of Faxaflói Bay...

 .

Business Segments

Saga Investment Bank is organised into two main business segments:

• Corporate Finance
• Capital Markets
  

Corporate Finance


Saga Investment Bank invites corporations, holding companies and other professional investors to contact Corporate Finance for comprehensive solutions and consulting relating to restructuring, takeovers, sales and mergers of companies and operating units . These include:

• IPOs
  Ipos
  In demonology, Ipos is an Earl and powerful Prince of Hell who has thirty-six legions of demons under his command. He knows and can reveal all things, past, present and future...
  
  , issues and share listings
• Consulting regarding restructuring and agreements with creditors
• Intermediation
  Intermediation
  Intermediation involves the "matching" of lenders with savings to borrowers who need money by an agent or third party, such as a bank.If this matching is successful, the lender obtains a positive rate of return, the borrower receives a return for risk taking and entrepreneurship and the banker...
  
   and consulting regarding mergers and acquisitions
  Mergers and acquisitions
  Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
  
   of companies
  

Capital Markets


Capital Markets provides stock broking services for companies, investment funds, mutual funds, pension funds and other investors. Saga Investment Bank is a member of stock exchanges in all the Nordic countries through NASDAQ

NASDAQ

The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

 OMX

OMX

OMX AB is a Swedish-Finnish financial services company, formed in 2003 through a merger between OM AB and HEX plc and is now a part of the NASDAQ OMX Group since February 2008.It has two divisions, OMX Exchanges, which operates eight stock exchanges mainly in the Nordic and Baltic...

Nordic Exchange .