The central bank of Iceland has ended a series of interest rate increases due to anticipated rises for the country’s currency.
Tag Archive | "Central Bank of Iceland"
Iceland central bank halts interest rate hikes
Posted on 29 August 2012.
Posted in Finance, Iceland, MBLComments (0)
Iceland to finally get 10,000 krona banknotes?
Posted on 08 June 2011.
The governor of the Central Bank of Iceland says it is time to investigate whether krona denominated coins and notes are too small following decades of inflation.
Posted in Business, Featured, General, Iceland, MBL, SocietyComments (1)
Central Bank of Iceland lost money last year
Posted on 08 April 2011.
The Central Bank of Iceland lost ISK 13.5 billion last year (EUR 83.2 million). The largest part of the loss came through differing exchange rates, but operational costs were also a big factor.
Posted in Business, Featured, General, Iceland, International, MBL, PoliticsComments (1)
Oddsson in war of words with Bank of England chief
Posted on 24 January 2011.
According to former Central Bank of Iceland governor, David Oddsson, his British counterpart, Mervyn King, faithfully promised that Iceland would not have to pay anything for Icesave in the event of Landsbanki’s demise. The governor of the Bank of England denies the claim.
Posted in Business, Featured, General, Iceland, MBL, Politics, United KingdomComments (9)
More Icelandic bankers arrested
Posted on 20 January 2011.
Iceland’s special prosecutor into the banking crisis has confirmed that raids have taken place today and that arrests have been made. The Central Bank of Iceland is among the institutions under investigation.
Posted in Business, Featured, General, Iceland, MBL, Politics, SocietyComments (39)
Iceland central bank chief joins euro debate
Posted on 26 November 2010.
Mar Gudmundsson, the governor of the Central Bank of Iceland, says that joining the euro could still be a good option for Iceland in the wake of its economic crisis. His comments to the BBC come just days after President Olafur Ragnar Grimsson told Reuters that the benefits of euro membership are less clear than [...]
Posted in Business, Education, European Union, Featured, General, Iceland, MBLComments (13)
Press release: Fair Resolution Ensured through Legislation
Posted on 16 September 2010.
Press release: The Supreme Court of Iceland has today pronounced its verdict in Case No. 471/2010, that interest should be calculated on unlawfully foreign-denominated automobile loans in accordance with the interest rates published by the Central Bank of Iceland. The Government is determined to ensure fairness, resolve issues and improve the situation of debtors.
Posted in GeneralComments (1)
Central Bank of Iceland “under siege”: one arrested, one hospitalised
Posted on 05 July 2010.
The Central Bank of Iceland was the scene of protests this morning over the Bank and the FME financial regulator’s joint proposal for how to deal with foreign currency indexed car loans, recently ruled illegal by the Supreme Court. Protesters believe the proposal is the best possible for the banks and the worst possible for [...]
Posted in Business, Featured, General, Iceland, Lifestyle, MBL, PoliticsComments (0)
