Íslandsbanki hf.
Íslandsbanki is an Icelandic bank with roots dating back to 1875. It was previously the domestic division of Glitnir banki hf., but on October 15, 2008, it was separated from the bankrupt Glitnir and reconstituted as a new independent bank. The bank's only business is to administer a branch network in Iceland, where it has a 20%-40% market share across all domestic franchise areas. The bank has 12 branches around Iceland as of 2022.
Íslandsbanki hf. and its subsidiaries offer commercial banking goods and services to Icelandic people and enterprises. It provides account products such as current accounts, savings accounts, pension savings accounts, and ordinary savings accounts; funds; mortgages and student loans; and card products. In addition, the company offers fixed asset financing, factoring, letters of guarantee, asset management, insurance, corporate finance, and investment banking services to large companies, pension and investment funds, municipalities, institutional investors, and high net worth customers, as well as collection services, brokerage services, and online banking services. It also trades securities and foreign currency, as well as providing financial advice, corporate financing, loans, and private banking.
Íslandsbanki hf. prioritizes dependable operations and having a beneficial social impact, but the bank's duty is to be a driving force for good work so that our customers succeed. Three business units collaborate closely to establish solid business ties in order to achieve the aim of being #1 in service.
Founded: 1904
Headquarters: Reykjavík, Iceland
Website: https://www.islandsbanki.is/