The bank (formerly Glitnir banki), which offers personal, corporate, and investment banking services, was taken over by the Icelandic government in October 2008; it acquired a 75% stake for some €600 million. The bank restructured and reverted to a former moniker to mark a fresh start. It retained its domestic operations and assets, including its branches, service centers, ATMs, and online banking system. However, the bank sold off its Finnish, Norwegian, and Swedish subsidiaries. Its remaining international operations in Canada, China, Russia, the US, and the UK will no longer function under the newly-nationalized Iceland bank
'Crab King' Sentenced to 24 Years for Smuggling and Tax Evasion Russia Fed.
Fugitive Tycoon Convicted In Absentia in Vladivostok; Defense Claims of Death Rejected
The prominent Sakhalin businessman, Oleg Kan, widely known as the "crab king," has been convicted in a...
Opinion Article: Illegal Fishing Impoverishes Argentina Argentina
Illegal Fishing impoverishes emerging nations, jeopardizes the sustainability of species, and, if it continues at the current extraction levels, there will be no resources left for future generations....
Shrimp Fishery Management: A Priority for Sustainability Argentina
Quotas, Access Rights, and the Socioeconomic Impact of the Rawson Fleet Are Central Issues in the Argentine Fishing Sector Debate
The management of the Argentine Red Shrimp (Pleoticus muelleri) fishe...
Copyright 1995 - 2025 Seafood Media Group Ltd.| All Rights Reserved. DISCLAIMER
ISB - Islandsbanki hf
Personal Profile
Branches:
Shareholder/Associate at:
Print
