Glitnir Bank's creditors are to acquire 95% of Íslandsbanki's share capital. A 5% stake will remain in state ownership. This decision, announced on 15 October 2010, serves to strengthen Íslandsbanki's position and reinforce its co-operation with foreign financial institutions.
Our customers will have continued access to the solutions currently on offer from the bank and the government. The financial wellbeing of Icelandic households and businesses, as well as the country's general economic recovery as soon as possible, is in the interest of the bank and its owners.
Íslandsbanki's new ownership represents an important step forward in rebuilding Iceland's financial system.
Chancay: South America's Shanghai or a Chinese Myth? Peru
Twenty months after its inauguration, the port of Chancay fails to lower costs for Peruvian exporters despite cutting travel time to Asia by twelve days.
Foto: Chancay Port / Ocean Alliance
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Toyosu shows strong segmentation between fresh and frozen tuna Japan
Tokyo wholesale market reports prices up to ¥16,200/kg (US$ 108.00/kg) for domestic fresh tuna, while frozen tuna drops to an average value of ¥3,727/kg (US$ 24.85/kg) despite higher volumes.
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Glitnir Bank's - Changed name to Íslandsbanki
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