Íslandsbanki

Íslandsbanki
Íslandsbanki hf.
Type Public
Industry Banking
Founded Reykjavík, Iceland (traces history to 1904)
Headquarters Reykjavík, Iceland
Key people Birna Einarsdóttir, CEO
Website www.islandsbanki.is

Íslandsbanki (Icelandic for: Bank of Iceland) is an Icelandic bank.

First Íslandsbanki

Main article: Glitnir (bank)

Íslandsbanki was originally created in 1990 through the merger of Alþýðubanki (Union Bank), Verzlunarbanki (Bank of Commerce) and Iðnaðarbanki (Industrial Bank). After its 2000 merger with FBA Icelandic Investment Bank, the bank was briefly renamed Íslandsbanki-FBA, but "FBA" was dropped from the name in 2002. In 2006, the bank again rebranded itself as Glitnir.

Íslandsbanki headquarters in Reykjavík.

Second Íslandsbanki

The bank was re-established on 15 October 2008 under the name Nýi Glitnir ("New Glitnir") to take over the Icelandic operations of Glitnir banki hf.[1] The name was changed back to Íslandsbanki on 20 February 2009.[2]

The name Glitnir was deemed to be unreliable after the financial collapse, and a new logo was designed based on the old Glitnir and Íslandsbanki logos.[3]

The current CEO is Birna Einarsdóttir.

References

  1. ^ Financial Supervisory Authority (FME) (14 October 2008). "Decision of the Financial Supervisory Authority (FME) on the disposal of assets and liabilities of Glitnir Bank hf., ID no. 550500-3530, to New Glitnir Bank hf., ID no. 491008-0160". http://www.fme.is/lisalib/getfile.aspx?itemid=5683. Retrieved 2008-10-16. 
  2. ^ Glitnir Becomes Íslandsbanki – Bank of Iceland Iceland Review Online, December 18 2008
  3. ^ Íslandsbanki is back! Íslandsbanki, February 20 2009/

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