Arion Banki
Arion Banki, formerly Nýja Kaupþing hf or New Kaupthing, has roots tracing back to 1930. On 20 November 2009, the bank was rebranded and renamed Arion Banki. The bank has branches throughout the Greater Reykjavik region of Iceland as well as the country's major cities. Arion Banki now has 21 locations around the country and more than 100,000 clients.
Being a renowned Icelandic bank, Arion Banki provides comprehensive financial services to businesses, institutional investors, and individuals. Corporate and retail banking, investment banking, capital markets services, treasury services, asset management, and complete wealth management for private banking customers are among the services provided. The bank also develops various service channels such as the Arion app and online banking, which help their customers to do nearly all of their banking online. Moreover, the bank is also supporting financing projects which relate to sustainable development and green infrastructure to help make a better future for all.
As of April 2023, Arion Banki is the fourth-largest company in Iceland with a market cap of $1.41 Billion. According to Arion Banki's latest financial reports, the company's current revenue (TTM) is $0.41 B. The company's revenue in 2021 was $0.45 billion, an increase from $0.37 billion in 2020. At the end of 2020, the company has 776 people working at its 21 locations.
Founded: 1930
Headquarters: Reykjavík, Iceland
Website: https://arionbanki.is