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British government offers loan to Landsbanki

Alistair Darling, the British finance minister announced that the Bank of England will give a loan of 100 million pounds to reimburse British deposito...

Business, GeneralOctober 13, 2008
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UK sees increased trust in Icelandic banks

A large number of savings account holders in the UK transferred their funds to Icelandic banks on Monday, reports Mbl.is Icesave, a savings account of...

Business, MBLSeptember 18, 2008
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CDS levels in Iceland continue to fall

CDS spreads on Icelandic banks improved significantly last week, according to research from Nordic bank Glitnir. Kaupthing’s CDS level fell by 3...

Business, IcelandAugust 18, 2008
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Consumer confidence in Iceland rose 1.4 percent in December

Reuters reports thtat Consumer confidence in Iceland is up 1.4 % in December from last month, but is down over 15 % from 2006. Figures from market res...

Business, IcelandDecember 22, 2007
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Nordic bank Glitnir unveils new UK website

Glitnir bank has unveiled a new website at www.glitnir.co.uk following rapid business growth at its London office. Glitnir’s London branch specialises...

Business, IcelandDecember 21, 2007
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Reykjavik saving bank SPRON returns 9 month results for 2007

Net after-tax profit ISK 9.3 billion. Return on equity (ROE) 41.6%. Gudmundur Hauksson CEO: “The operating results for the first nine months of the ye...

Business, IcelandDecember 17, 2007
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Kaupthing Bank reports net earnings of ISK 60.2 billion (EUR 683 million).

Kaupthing Bank’s Results for the First Nine Months of 2007 is out and reports net earnings of ISK 60.2 billion (EUR 683 million). Hreidar Mar Sigurdss...

Business, IcelandDecember 17, 2007
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Iceland behind America’s geothermal push

A lot of the impetus behind the current US drive for geothermal alternatives to fossil fuels comes from across the Atlantic, in Iceland. Iceland Ameri...

Society, TechnologyDecember 10, 2007
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