Kaupthing wins ‘best bank’ award

Every year Euromoney recognises the leaders? in global banking through its presentation of its Awards for Excellence. This year, Kaupthing Bank was honoured in the prestigious award ceremony as the Best Bank in the Nordic Region and Iceland.

Kaupthing’s impressive growth in assets and remarkable financial ratios? help secure the? Euromoney award? this year. Euromoney also considers service to clients, returns to shareholders and market innovation when selecting the award’s recipients. Institutions who have been awarded by Euromoney often show leadership and excellence in their field.

Kaupthing’s? CEO, Hreidar Már Sigurdsson, commented, “It gives me particular pleasure to accept this international award, which is recognition of our good work.” Sigurdsson continued, “Kaupthing’s position in Northern Europe has been strengthening and this award is a great incentive to move further into this market. This is an award that all of the employees of this bank have earned; it’s our team work that drives us forward.”

Ármann Thorvaldsson, CEO of Kaupthing Singer and Friedlander, collected the award on behalf of the bank.

Kaupthing Bank is one of the largest of seven banks in the Nordic region. Although it’s headquarters are in Iceland, the bank operates