Icelandic bank looking towards first bond issue since collapse
Iceland’s Arion Bank says it is preparing to turn to international credit markets with a bond issue within the next 12 months. Arion has never i...
Insolvent Icelandic retail bosses given gift of shares by liquidating bank
A group of key owners in Icelandic retail giant Hagar have made a deal with Arion Banki to keep a share of the business, despite its having been insol...
Iceland’s Arion Bank pleased with first half results
Arion Bank, the state-created domestic successor to Iceland’s failed Kaupthing Bank, has reported good results for the first half of 2011.
Arion Bank reassessing loans
Iceland’s Arion Bank is in the process of voluntarily amending foreign-currency loans taken out with the bank by businesses and individuals befo...
More on Iceland bank boss pay and the demise of SpKef
Following this weekend’s two big Icelandic banking stories, further information and opinions have come forward, among others from Icelandic Prim...
Arion Bank to sell 10-11 convenience stores in Iceland
Arion Bank says it intends to split the 10-11 chain of convenience stores from the estate of Hagar and sell it off. It is not anticipated that other r...
Swedish chair for new Arion Bank board
Press release: A new Board of Directors of Arion Bank was elected yesterday at a shareholders’ meeting of the Bank. At a board meeting held afte...
Kaupthing creditors own majority of Arion: confirmation
(PRESS RELEASE from the Kaupthing resolution committee:) The Resolution Committee of Kaupthing Bank contributes up to ISK 66 billion in common equity