Knowledge

Landsbanki

Source đź“ť

1121:
1:1 repayment with cash in pounds; meaning that the repayment to these creditors had an ISK-equivalent account value then being 1:1 proportional with the ISK/Pound-rate on 22 April 2009. Contrary to this, the creditors with claims in euros/US dollars also received cash in pounds - but now at a time when these currencies had lost value against pounds - and thus the ISK-equivalent account value then was stronger with the same percentage compared to what the currencies had weakened against the pound; meaning that the repayment to these creditors had an ISK-equivalent account-value then with a relatively higher value for the receivership than 1:1, because of repaying US dollar and euro claims with a relatively stronger Pound currency compared to the 22 April 2009 registered exchange rates. Or to put in different words, the receivership by conducting the second repayment three years later than 22 April 2009 actually gained some extra positive income through exchange rate improvements for the specific cash currency (pound) involved in this repayment tranch. The applied method to calculate ISK-equivalent account values for the repayments, is in full compliance with the supreme court ruling, saying that all creditors shall be repaid by cash amounts equal to their claim as per its denoted currency, so when repaid with other currencies, then the value of this shall be booked according to the currency exchange rate registered at the repayment date.
1176:, into a national household debt relief fund, enabling a 20% debt relief for all household mortgages. Experts from IMF however belief, that any potentially saved money from a negotiated deal, would be eaten up by the additional costs the government will need to pay in the short term, for implementing the abolishment of capital controls. In July 2013, Standard & Poors recommended Iceland drop the debt relief initiative, as they also believe it would only result in increased debt for the government - making it even more difficult to lend at credit markets, and the debt relief initiative was forecasted also to ignite high inflation pressures along with risk for the arrival of a new economic recession equal to a GDP detraction of 10%. The Icelandic government has appointed a task force to present proposals on how to achieve the government's goals, with a reporting deadline in November 2013. 1146:. As the current capital controls only ban a swap/exchange of ISK denominated assets to foreign currency, and as 97% of the Landsbanki receivership total assets are held only in foreign currency, this new Icelandic initiative will, however, most likely not affect the repayment scheme for the priority claim creditors in the Landsbanki receivership - who at the moment are forecasted to be fully repaid by the first 91.2% of the receivership assets. So even if the current capital controls remain in force at an indefinite time horizon, it will only be the last 3.2% of the assets (ISK 49/1531bn) that remain to be frozen or trapped in Iceland and can not be directly repaid, which then only would negatively impact the return rate for the creditors with general claims. 573:(including the already repaid part of the claims) covered ISK 1531bn (€9.1bn), which was above the total amount of the priority claims at ISK 1325bn (€7.8bn). The final overall value for the assets is however still subject to change, as the receivership for various reasons has been granted extra time to liquidate all remaining assets until 2018, at a pace equal to approximately ISK 100bn per year. Repayment to the creditors happens step by step at the same pace as the liquidation of assets happens. The repayments so far happened through four tranches in 2011–2013, which already included a full repayment of all minimum deposit guarantees, due to their first priority status within the "priority claims". As of 12 September 2013, the 562:
two claims amounts to ISK 1134.4bn (€6.704bn), which is equal to 86% of all "priority claims" towards the Landsbanki receivership. Among the other priority claims are also ISK 145.4bn deposit repayment claims (equal to 11% of all "priority claims"), submitted directly by more than 200 wholesale Icesave customers in the Netherlands and Great Britain, who initially received no repayment from their national authorities, but will now get repayment on equal terms - with equal priority status - from the
1215: 1165:, during the period 2014-2018. These specific repayment transfers are by some people speculated to be impossible, if the capital controls gets abolished, as such abolishment would be expected to drain the foreign capital reserves held by New Landsbanki; and thus a deal to remove capital controls is speculated will also need to imply a prolonged maturity (or repayment agreement) for these bonds. 42: 761:
the currency mix being more or less equal when comparing the Claims with the held Assets, the risk for currency exchange losses is expected to be relatively low for the receivership. The table below provides an overview of the currency composition of the first 3 partial repayments and how currency exchange rates were at the time compared to 22 April 2009.
748:
when winding-up proceedings were initiated; which was as per 22 April 2009 for the Landsbanki receivership. Moreover, it was believed the creditors had no legal right to claim compensation towards the Landsbanki receivership for any potential losses they may suffer, because of exchange rate fluctuations after 22 April 2009. On 26 September 2013, the
1184:
On 12 March 2012, the Icelandic government amended - by Act No 17/2012 - the existing Act No 87/1992 on Foreign Exchange, so that paragraph five of Article 13n now represents new currency restrictions for repayment of foreign currency to creditors in any receivership estates. In that regard, it shall
760:
As the Receivership mainly holds bank assets valuated in foreign currencies, the repayment of claims is likewise expected to be conducted through partial repayments mainly in foreign currencies, equal to the available cash currency basket stemming from liquidated assets on the payment day. Because of
1120:
Calculated as ISK-equivalent repayment value for the receivership by the entity of the FX 22 April 2009 valued claims, while adjusting for currency exchange rate fluctuations happening on each payment date. For the example for the second repayment tranch, all creditors with claims in pounds received
242:
Landsbanki had positioned itself as Iceland's primary provider of general and specialized financial services to individuals, corporate entities, and institutions. The bank had the country's most extensive branch network with 40 branches and sub-branches. At the end of 2006, Landsbanki provided close
1189:
were exempted from this amended law, because it only involved available cash stemming from liquidation conducted ahead of 12 March 2012. All future repayment tranches will however be impacted by the amended law, which stipulates that the Icelandic minister of finance and minister of banking have to
747:
According to the Landsbanki Receivership's initial interpretation of the Icelandic law, the creditor claims in foreign currency towards a liquidated Icelandic financial company in receivership should only be repaid by an ISK-equivalent amount as per the currency exchange rate registered on the date
431:
On 7 October 2008 the Icesave UK website announced: "We are not currently processing any deposits or any withdrawal requests through our Icesave internet accounts. We apologize for any inconvenience this may cause our customers. We hope to provide you with more information shortly." and Icesave was
1202:
Another new repayment restriction under consideration is that the Icelandic government on 1 October 2013 presented a proposal for their 2014 budget law, to include a new 0.145% tax on all transfers from estates of failed financial companies. Some lawyers however have the opinion, that this kind of
561:
as "priority claims" pursuant to Article 112 of "Act No.21/1991 on Bankruptcy", and noted these mentioned figures included contractual interest rates for the UK part and some extra penalty interest rates (6%) for the Dutch part for the period from 8 October 2008 until 22 April 2009. Together these
457:
reported that the Government had moved quickly to use the sweeping powers granted by the Reykjavik parliament, the night before. The country's financial regulator said on Tuesday that Landsbanki's branches would open as usual and that all “domestic deposits” were fully guaranteed. The next day the
580:
According to the latest evaluation of the planned recovery of asset values, it is expected all "Priority claims" will have been fully repaid by the end of 2017. Any additional claims for accrued interests after 22 April 2009 due to the delayed repayment of priority claims, will only be treated as
752:
however ruled against this initial law interpretation of the Landsbanki Receivership, concluding all creditors should be fully repaid with currency amounts equal to the denoted local currency of their claim; meaning that when repaid with other currencies, then valuation of this amount should be
399:
On 9 August 2007 Landsbanki completed its acquisition of UK investment bank Bridgwell plc. The operations of Teather & Greenwood were combined with those of Bridgewell under the brand name Landsbanki Securities (UK). The acquisition of Bridgewell made Landsbanki the second largest broker to
1194:
for all future claim repayments stemming from companies with a larger balance sheet than ISK 400bn, even if it only involves a transfer of foreign currency. This means, that the Icelandic state now potentially also can block any further repayment of foreign currency to the creditors of the
1203:
tax on failed companies could be seen as an illegal expropriation by the Icelandic state. If the Icelandic government passes this proposed law, it will almost with certainty become challenged in a lawsuit by the receivership estates behind the three failed Icelandic banks.
537:, meaning that no loan agreement will be settled between the Icelandic state and the UK and the Netherlands, to guarantee their claim for repayment of Icelandic minimum deposit guarantees worth €4.0bn plus accrued interests. This claim will however still exist towards the 544:
The combined deposit repayment claims from retail Icesave customers in the Netherlands and Great Britain (including both the minimum depositor guarantees and the deposit values in excess of the Icelandic guarantee), were at first hand covered respectively by the UK
424:
Base Rate by at least 0.25% until 1 October 2009 and thereafter not to be lower than the Bank of England Base Rate until 1 October 2011. As a result, Icesave quickly became the market leader in Internet deposit savings accounts in the UK in terms of interest rates.
581:
secondary "General claims", and thus only be repaid once all of the "Priority claims" have been repaid in full, and then only to the extent it is possible on an equal footing together with all the other remaining ISK 1677bn (€9.9bn) of "General claims" towards the
290:
finally made inroads, and the bank grew and developed in parallel to the nation. In the 1920s, Landsbanki became Iceland's largest bank and was made responsible for issuing its banknotes. After the issuing of banknotes was transferred to the newly established
450:
took control of Landsbanki. A press release by the IFSA states that all of Landsbanki's domestic branches, call centers, ATMs, and internet operations will be open for business as usual and that all domestic deposits are fully guaranteed.
281:
hoped to boost monetary transactions and encourage the country's nascent industries. Following its opening on 1 July 1886, the bank's first decades of operation were restricted by its limited financial capacity; it was little more than a
1141:
in April 2013, which as one of their top priorities wanted to negotiate a debt haircut towards foreign creditors of the three failed Icelandic banks now in receivership, as part of a deal to lift the long enforced (since November 2008)
1123:
ISK 14bn was returned in 2012 to the receivership from ESCROW accounts, as some of the remaining disputed claims got settled by the court in its favor. Thus the net total got reduced from ISK 662bn to 648bn.
262:
It started to expand overseas in 2000 through a number of acquisitions and organic growth, the expansion would lead to the creation of its Icesave subsidiary in 2006 which would ultimately seal its fate.
417:
A online savings account program for the UK market, Icesave, was launched in October 2006. Icesave grew rapidly, and on 31 March 2007, its deposits totaled ÂŁ2.8 bn with over 80,000 accounts opened.
1477: 320:
finally concluded in 2003. Landsbanki then operated as a privately owned bank, competing in a free market, with substantial international activities added to its traditional Icelandic operations.
757:
on the repayment date. Thus ensuring that all creditors bare no currency exchange risks, with these risks -and potential financial burdens- instead to be upheld solely by the receivership.
1314: 1199:. No court has yet judged, if this extended power of the Icelandic State, also decides the pace of foreign currency repayments, and not only ISK currency repayments are legal or illegal. 420:
A key factor in Icesave's appeal to savers was its interest rate guarantee: The gross Annual Equivalent Rate of Interest (AER) paid on balances over ÂŁ250 was guaranteed to exceed the
1909: 1291:
News: Based on New Legislation, the Icelandic Financial Supervisory Authority (IFSA) Proceeds to take Control of Landsbanki to ensure Continued Commercial Bank Operations in Iceland
541:
as a so-called "First priority claim", and will be met in full if the receivership succeeds to liquidate assets with a value equal to or in excess of this first priority liability.
1541: 2481: 223:
of ISK 383 billion. It began operation in 1885 and was instrumental in the economic development of business and industry in Iceland. From 1927 to 1961, the bank acted as the
2347: 1149:
The only minor risk for the receivership's "priority claim creditors" seems to be, that the receivership might face political demands to extend the maturity of its owned
2298: 1668: 312:, beginning in 1986, opened up new opportunities, which the bank managed to take advantage of despite some economic adversity. In 1997, Landsbanki was incorporated as a 553:(DNB), due to the inability/unwillingness for other Icelandic stakeholders to step in and ensure/guarantee immediate coverage for these claims. On 28 October 2011, the 1509: 1777: 1584: 557:
ruled, that the UK FSCS and the Dutch DNB combined deposit repayments of respectively ISK 852.1bn (£4.459bn) and ISK 282.3bn (€1.668bn) should be repaid by the
2458: 1157:, as part of the Icelandic government's overall capital control abolition initiative, which would then delay liquidation of this specific asset. The nicknamed 1161:, concern two bonds with a total value of ISK 297bn (€1.76bn), that currently are due for yearly repayments in foreign currency from New Landsbanki to the 1168:
The Icelandic government intends somehow to route the saved money from the negotiated debt haircut for creditors belonging to the receivership estates of
1400: 2337: 484:
froze the assets of Landsbanki in the UK, and assets belonging to the Central Bank of Iceland, and the Government of Iceland relating to Landsbanki.
1375: 1887: 2428: 2293: 332:
prompted Landsbanki, the first among Icelandic commercial banks, to expand and diversify outside of Iceland when it acquired the London-based
1821: 1722: 1913: 1799: 2352: 2207: 1865: 1138: 1484: 2398: 2159: 1966: 470: 497:(New Landsbanki) and on 27 October 2008 the inability to render payment of deposits was declared for the remaining parts of Landsbanki. 2443: 2367: 2019: 1641: 2623: 2453: 2081: 447: 205: 1262: 577:
had through liquidation of the first half of its assets, managed to repay the first 53.9% (ISK 715.2bn) of all the priority claims.
2707: 2283: 2136: 441: 197: 2702: 2682: 2377: 2174: 1443: 469:
4 billion, and that he was taking steps to freeze the assets of Landsbanki using the financial freezing-orders provisions of the
753:
calculated by converting it to the claim's denoted currency, according to the foreign currency exchange rates registered by the
2164: 1134: 546: 1988: 1675: 2633: 2362: 2332: 2253: 534: 2393: 2248: 2114: 1772: 1461: 1295: 2692: 2538: 2423: 24: 2433: 2418: 2342: 1967:"Sigrún Davíðsdóttir's Icelog: Iceland: capital controls, government action – and (possible) creditor counteractions" 1591: 521:) for the next four seasons. The financial backing for football was, however, primarily directed towards supporting 2661: 2288: 2119: 1822:"Sigrún Davíðsdóttir's Icelog: Aspects of capital controls in Iceland and Cyprus and the long time damaging effect" 2040: 1843: 1619: 1516: 2616: 2109: 514: 23:. For the international school formerly known as Little Angels International School (with the acronym LAIS), see 517:, under which the Icelandic premier league for both men and women will be called the Landsbanki Premier League ( 403:
In December 2008 Kepler Capital Markets is sold to management and staff through a management-led buy-out (MBO).
2656: 2533: 2268: 2263: 477: 247:, Landsbanki was their principal bank or one of two banks with whom they did business. The leading provider of 131: 2438: 2372: 2273: 2074: 196:(literally "The National Bank") was one of the largest Icelandic commercial banks; it failed as part of the 2357: 2169: 283: 57: 302:
While still publicly owned it went through a state-directed merger with Samvinnubanki (Cooperative Bank).
459: 2143: 1404: 1379: 2697: 2553: 2463: 2131: 2104: 481: 313: 2548: 2303: 2179: 2067: 1350: 749: 554: 465:
announced that his government would foot the entire bill for British Icesave savers, estimated at
2258: 2126: 1542:"Verdicts of the Supreme Court of Iceland in disputes concerning UK and Dutch wholesale deposits" 1238: 1191: 754: 292: 286:. Following the turn of the 20th century, however, Icelandic society progressed and prospered as 228: 156: 148: 2687: 2278: 52: 2628: 2575: 2528: 550: 272: 220: 2050: 1844:"Sigrún Davíðsdóttir's Icelog: The plan for abolishing capital controls is… er, a "no-plan"" 1315:"Kepler Capital Markets sold to management and staff through a management-led buy-out (MBO)" 2651: 252: 1428: 19:
This article is about the Icelandic bank up to its failure in 2008. For current bank, see
8: 2611: 2543: 385: 208:
took control of Landsbanki and created a new bank for all the domestic operations called
136: 742:
Liability was not repaid by cash from liquidated assets, but got settled by other means.
356:. These subsidiaries dealt in securities and prepared equity research in London, Paris, 2593: 2569: 2227: 2200: 381: 329: 309: 244: 140: 1440: 243:
to 40% of corporate lending in Iceland, and for around 60% of companies listed on the
216: 2638: 2013: 518: 506: 393: 287: 215:
Prior to its failure, the bank was one of the largest Icelandic banks with assets of
209: 1995: 1949: 462: 231:, although this interest was primarily directed towards note issuance rather than 2587: 2090: 1935: 1703:(in Icelandic). Hæstiréttur Íslands (Supreme Court of Iceland). 24 September 2013 1465: 1447: 1299: 1243: 1143: 421: 412: 400:
listed companies on the London Stock Exchange measured by the number of clients.
389: 296: 232: 201: 2502: 2448: 2232: 2054: 1458: 1288: 1233: 1228: 466: 333: 305: 1936:"Law on Foreign Exchange (Law no.87, 17 November 1992) - consolidated version" 432:
declared in default on 8 October 2008, taking Landsbanki with it in its fall.
2676: 2217: 2212: 2195: 317: 236: 1700: 1220: 453: 256: 224: 94: 20: 115: 78: 2581: 2222: 591:
Status for claims towards the Landsbanki receivership as of 30 June 2013
513:
and image policy. In September 2005, an agreement was concluded with the
1744: 1742: 1740: 487:
On 9 October 2008 the domestic, Icelandic branch was split off into the
212:(New Landsbanki) and the bank continued to operate under the same name. 1154: 488: 1961: 1959: 428:
Icesave operated in the Netherlands from May 2008 until October 2008.
1737: 1169: 510: 377: 357: 345: 361: 2497: 1956: 1424: 380:. Landsbanki's own branches in London and Amsterdam specialized in 2059: 1634: 1185:
be noted that all of the first 4 repayment tranches repaid by the
1910:"Iceland Premier Says No Date to Lift Controls (video interview)" 1674:. Landsbanki receivership (LBI). 28 November 2012. Archived from 1173: 1128: 528: 278: 119: 82: 68: 1749: 1470: 2482:
List of banks acquired or bankrupted during the Great Recession
1590:. Landsbanki receivership (LBI). 2 October 2013. Archived from 1502: 522: 373: 365: 353: 341: 337: 248: 105: 1888:"Iceland Keeps Western Europe's Highest Rate as Krona Stable" 369: 349: 41: 2317: 2035: 1579: 1328: 181: 1663: 1661: 1659: 1577: 1575: 1573: 1571: 1569: 1567: 1565: 1563: 1561: 1559: 1515:. Supreme Court of Iceland. 28 October 2011. Archived from 1483:. Supreme Court of Iceland. 28 October 2011. Archived from 500: 1723:"Supreme Court ruling regarding FX rates/partial Payments" 2348:
Dodd–Frank Wall Street Reform and Consumer Protection Act
1800:"Iceland Lacks Currency for Easy Exit of Krona Creditors" 569:
As of 30 June 2013, the total value of the assets in the
1656: 1614: 1612: 1556: 1950:"Act amending the Exchange Act, no.87/1992, as amended" 340:
securities houses: Teather & Greenwood, located in
299:, expanding its branch network in the ensuing decades. 2459:
National fiscal policy response to the Great Recession
1403:. Agence France-Presse. 8 October 2008. Archived from 1179: 1622:. LBI hf (Landsbanki receivership). 13 September 2013 1609: 97:
7 October 2008, awaiting dissolution remaining assets
1642:"News announcement from LBI hf. - Creditors Meeting" 1210: 192:(literally "National Bank"), also commonly known as 1478:"FSCS vs Landsbanki receivership, case nr.340-2011" 2578:(Europe, Middle East and North Africa, Asia; 2009) 1771: 1644:. LBI hf (Landsbanki receivership). 2 October 2013 1510:"DNB vs Landsbanki receivership, case nr.341-2011" 1351:"Iceland government seizes control of Landsbanki" 2674: 2386: 1866:"S&P warns Iceland over debt write-off plan" 2045: 1701:"ĂžriĂ°judaginn 24. September 2013: Nr. 553/2013" 1289:The Financial Supervisory Authority - Iceland, 492: 31: 2429:American Recovery and Reinvestment Act of 2009 2294:Office of Federal Housing Enterprise Oversight 1912:. Bloomberg. 20 September 2013. Archived from 1129:How capital controls impact creditor repayment 529:Landsbanki liquidation and repayment of claims 295:in 1961, Landsbanki continued to develop as a 2075: 1750:"Valutakurser (currency exchange calculator)" 328:The relatively limited size of the Icelandic 2353:Emergency Economic Stabilization Act of 2008 1725:. Landsbanki Receivership. 26 September 2013 1669:"LBI financial information as of 30.09.2012" 1284: 1282: 336:in 2000. In 2005, Landsbanki acquired three 85:, 1885 (commenced operations on 1 July 1886) 471:Anti-terrorism, Crime and Security Act 2001 348:; Kepler Capital Markets, headquartered in 2490: 2444:Fraud Enforcement and Recovery Act of 2009 2368:Term Asset-Backed Securities Loan Facility 2082: 2068: 323: 2624:Effects of the Great Recession on museums 2454:Housing and Economic Recovery Act of 2008 2338:China–Japan–South Korea trilateral summit 1585:"LBI financial information at 30.06.2013" 1279: 535:EFTA Court cleared Iceland of all charges 448:Icelandic Financial Supervisory Authority 235:. The bank had been state-owned and was 206:Icelandic Financial Supervisory Authority 2318:Government policy and spending responses 2284:Government National Mortgage Association 1952:(in Icelandic). Althingi. 13 March 2012. 501:Sponsorship of sports: Landsbankadeildin 435: 2378:2008 United Kingdom bank rescue package 1938:(in Icelandic). Althingi. 5 April 2013. 1773:"Iceland's creditors braced for losses" 1378:. The Press Association. Archived from 1348: 388:), while Landsbanki Luxembourg handled 2675: 2018:: CS1 maint: archived copy as title ( 547:Financial Services Compensation Scheme 509:was an important aspect of the Bank's 2363:Temporary Liquidity Guarantee Program 2333:Banking (Special Provisions) Act 2008 2316: 2254:Federal Deposit Insurance Corporation 2063: 1780:from the original on 11 December 2022 1255: 219:3,058 billion in December 2007 and a 2249:Consumer Financial Protection Bureau 2041:Kepler Capital Markets Official site 1452: 1376:"Darling's pledge to Icesave savers" 442:2008–2011 Icelandic financial crisis 198:2008–2011 Icelandic financial crisis 2539:Collateralized mortgage obligations 2089: 1190:agree on exemptions granted by the 1180:New creditor repayment restrictions 13: 1441:The Landsbanki Freezing Order 2008 1317:(Press release). 19 December 2008. 525:for children and youth divisions. 25:Musashi International School Tokyo 14: 2719: 2634:2007–2008 world food price crisis 2434:Chinese economic stimulus program 2419:2008 European Union stimulus plan 2343:Commercial Paper Funding Facility 2029: 1429:Rescue plan for UK banks unveiled 1084:Total repayment value in ISK (bn) 769:those who hold "Priority Claims", 396:, as well as corporate services. 239:in stages between 1998 and 2003. 2662:List of countries by public debt 2289:National Asset Management Agency 1401:"Britain vows to protect savers" 1213: 277:In establishing Landsbanki, the 200:when its subsidiary sparked the 40: 16:Failed Icelandic commercial bank 2708:Privatised companies in Iceland 2617:2008 Central Asia energy crisis 2534:Collateralized debt obligations 1981: 1942: 1928: 1902: 1880: 1868:. Financial Times. 26 July 2013 1858: 1836: 1814: 1792: 1776:. Financial Times. 2 May 2013. 1764: 1715: 1693: 1620:"Partial payments to creditors" 1534: 771:and ISK currency exchange rates 767:Creditor repayment tranches for 515:Football Association of Iceland 352:; and Merrion Capital Group in 2683:1886 establishments in Iceland 2424:2008–2009 Keynesian resurgence 2269:Federal Housing Finance Agency 2264:Federal Housing Administration 1434: 1418: 1393: 1368: 1342: 1321: 1307: 810:(ISK value of 1 currency unit) 478:Landsbanki Freezing Order 2008 1: 2439:Economic Stimulus Act of 2008 2373:Troubled Asset Relief Program 2299:Office of Financial Stability 2274:Federal Housing Finance Board 2208:SociĂ©tĂ© GĂ©nĂ©rale trading loss 1349:Teather, David (2008-10-07). 1249: 611:Remaining Liability (bn ISK) 227:until it was replaced by the 2703:Companies based in ReykjavĂ­k 2358:Irish emergency budget, 2009 1082: 1032: 982: 932: 882: 832: 694: 674: 654: 634: 614: 505:Landsbanki's sponsorship of 480:, passed on 8 October 2008, 58:Government-owned corporation 7: 1890:. Bloomberg. 21 August 2013 1206: 460:Chancellor of the Exchequer 204:. On October 7, 2008, the 10: 2724: 2657:2007–2008 financial crisis 2549:Mortgage-backed securities 2160:Automotive industry crisis 1802:. Bloomberg. 30 April 2013 1083: 1033: 984:Great Britain pounds (GBP) 983: 933: 883: 833: 695: 675: 655: 635: 615: 439: 410: 406: 270: 266: 245:OMX Iceland Stock Exchange 145:, HalldĂłr J. Kristjánsson 18: 2693:Banks established in 1886 2647: 2604: 2562: 2554:Secondary mortgage market 2519: 2475:rescues, and acquisitions 2473:Government interventions, 2472: 2464:Zero interest-rate policy 2411: 2323: 2312: 2241: 2188: 2175:Housing market correction 2152: 2097: 801: 794: 787: 780: 766: 590: 314:limited-liability company 177: 164: 125: 111: 101: 89: 74: 64: 48: 39: 2572:(United States; c. 2009) 2304:UK Financial Investments 2189:Banking losses and fraud 2180:Subprime mortgage crisis 2165:California budget crisis 1329:"icesave.co.uk Homepage" 777:(Winding-up proceedings) 555:Supreme Court of Iceland 533:On 28 January 2013, the 446:On October 7, 2008, the 384:and commercial finance ( 364:, Nyon (25 km from 284:savings and loan society 2590:(worldwide; 2011–2012) 2529:Auction rate securities 2259:Federal Home Loan Banks 1239:Central Bank of Iceland 1197:Landsbanki receivership 1187:Landsbanki Receivership 1163:Landsbanki receivership 750:Icelandic Supreme Court 583:Landsbanki receivership 575:Landsbanki receivership 571:Landsbanki receivership 564:Landsbanki receivership 559:Landsbanki receivership 539:Landsbanki receivership 324:International expansion 293:Central Bank of Iceland 229:Central Bank of Iceland 2279:Federal Reserve System 2153:United States-specific 1544:. LBI. 28 October 2011 1431:. Retrieved 2008-10-08 1192:Icelandic Central Bank 934:Icelandic kronur (ISK) 755:Icelandic Central Bank 636:Administrative Expense 493: 482:Her Majesty's Treasury 153:, SigurjĂłn Ăž. Arnason 132:BjörgĂłlfur GuĂ°mundsson 32: 2629:Decline of newspapers 2576:2009 May Day protests 2522:and financial markets 2412:Stimulus and recovery 834:Canadian dollar (CAD) 551:De Nederlandsche Bank 436:2008 financial crisis 273:History of Landsbanki 221:market capitalization 2652:European debt crisis 2544:Credit default swaps 2520:Securities involved 2326:stability and reform 2051:Landsbanki companies 1916:on 21 September 2013 1263:"Annual Report 2007" 807:Fixed currency rates 616:Proprietary Interest 279:Icelandic parliament 2612:2000s energy crisis 2324:Banking and finance 2242:Government entities 1846:. 12 September 2013 1382:on October 12, 2008 884:European euro (EUR) 386:asset-based lending 166:Number of employees 36: 2594:Occupy Wall Street 2570:Tea Party protests 2228:Scott W. Rothstein 1464:2009-01-05 at the 1446:2008-12-12 at the 1407:on 10 October 2008 1298:2008-10-10 at the 382:structured finance 316:, and the ensuing 310:financial services 30: 2670: 2669: 2639:Retail apocalypse 2584:(MENA; 2010–2012) 2515: 2514: 2511: 2510: 2407: 2406: 2387:Bank stress tests 1597:on 4 October 2013 1125: 1112: 1111: 1079: 1073: 1067: 1061: 1055: 1049: 1043: 1029: 1023: 1017: 1011: 1005: 999: 993: 979: 973: 967: 961: 955: 949: 943: 929: 923: 917: 911: 905: 899: 893: 879: 873: 867: 861: 855: 849: 843: 811: 799: 792: 785: 778: 744: 735: 734: 519:Landsbankadeildin 394:wealth management 288:industrialization 187: 186: 173: 160: 152: 144: 2715: 2698:Banks of Iceland 2563:Social responses 2488: 2487: 2384: 2383: 2314: 2313: 2084: 2077: 2070: 2061: 2060: 2024: 2023: 2017: 2009: 2007: 2006: 2000: 1994:. Archived from 1993: 1985: 1979: 1978: 1976: 1974: 1969:. 2 October 2013 1963: 1954: 1953: 1946: 1940: 1939: 1932: 1926: 1925: 1923: 1921: 1906: 1900: 1899: 1897: 1895: 1884: 1878: 1877: 1875: 1873: 1862: 1856: 1855: 1853: 1851: 1840: 1834: 1833: 1831: 1829: 1818: 1812: 1811: 1809: 1807: 1796: 1790: 1789: 1787: 1785: 1775: 1768: 1762: 1761: 1759: 1757: 1746: 1735: 1734: 1732: 1730: 1719: 1713: 1712: 1710: 1708: 1697: 1691: 1690: 1688: 1686: 1680: 1673: 1665: 1654: 1653: 1651: 1649: 1638: 1632: 1631: 1629: 1627: 1616: 1607: 1606: 1604: 1602: 1596: 1589: 1581: 1554: 1553: 1551: 1549: 1538: 1532: 1531: 1529: 1527: 1521: 1514: 1506: 1500: 1499: 1497: 1495: 1489: 1482: 1474: 1468: 1456: 1450: 1438: 1432: 1422: 1416: 1415: 1413: 1412: 1397: 1391: 1390: 1388: 1387: 1372: 1366: 1365: 1363: 1362: 1346: 1340: 1339: 1337: 1336: 1325: 1319: 1318: 1311: 1305: 1304: 1286: 1277: 1276: 1274: 1273: 1267: 1259: 1223: 1218: 1217: 1216: 1144:capital controls 1114: 1077: 1071: 1065: 1059: 1053: 1047: 1041: 1027: 1021: 1015: 1009: 1003: 997: 991: 977: 971: 965: 959: 953: 947: 941: 927: 921: 915: 909: 903: 897: 891: 877: 871: 865: 859: 853: 847: 841: 809: 797: 790: 783: 776: 764: 763: 737: 656:Guarantee Claims 605:Settled (bn ISK) 588: 587: 496: 463:Alistair Darling 171: 154: 146: 134: 44: 37: 35: 29: 2723: 2722: 2718: 2717: 2716: 2714: 2713: 2712: 2673: 2672: 2671: 2666: 2643: 2600: 2588:Occupy movement 2558: 2521: 2507: 2486: 2474: 2468: 2403: 2382: 2325: 2319: 2308: 2237: 2184: 2148: 2093: 2091:Great Recession 2088: 2032: 2027: 2011: 2010: 2004: 2002: 1998: 1991: 1989:"Archived copy" 1987: 1986: 1982: 1972: 1970: 1965: 1964: 1957: 1948: 1947: 1943: 1934: 1933: 1929: 1919: 1917: 1908: 1907: 1903: 1893: 1891: 1886: 1885: 1881: 1871: 1869: 1864: 1863: 1859: 1849: 1847: 1842: 1841: 1837: 1827: 1825: 1820: 1819: 1815: 1805: 1803: 1798: 1797: 1793: 1783: 1781: 1770: 1769: 1765: 1755: 1753: 1748: 1747: 1738: 1728: 1726: 1721: 1720: 1716: 1706: 1704: 1699: 1698: 1694: 1684: 1682: 1678: 1671: 1667: 1666: 1657: 1647: 1645: 1640: 1639: 1635: 1625: 1623: 1618: 1617: 1610: 1600: 1598: 1594: 1587: 1583: 1582: 1557: 1547: 1545: 1540: 1539: 1535: 1525: 1523: 1519: 1512: 1508: 1507: 1503: 1493: 1491: 1487: 1480: 1476: 1475: 1471: 1466:Wayback Machine 1457: 1453: 1448:Wayback Machine 1439: 1435: 1423: 1419: 1410: 1408: 1399: 1398: 1394: 1385: 1383: 1374: 1373: 1369: 1360: 1358: 1347: 1343: 1334: 1332: 1327: 1326: 1322: 1313: 1312: 1308: 1302: 1300:Wayback Machine 1287: 1280: 1271: 1269: 1265: 1261: 1260: 1256: 1252: 1244:Icesave dispute 1219: 1214: 1212: 1209: 1182: 1131: 1122: 1119: 1034:US dollar (USD) 808: 798:(3rd repayment) 796: 791:(2nd repayment) 789: 784:(1st repayment) 782: 775: 770: 768: 676:Priority Claims 608:Repaid (bn ISK) 599:Amount (bn ISK) 531: 503: 458:United Kingdom 444: 438: 422:Bank of England 415: 413:Icesave dispute 409: 390:private banking 326: 297:commercial bank 275: 269: 233:monetary policy 202:Icesave dispute 167: 128: 60:(prior to 2003) 56: 28: 17: 12: 11: 5: 2721: 2711: 2710: 2705: 2700: 2695: 2690: 2685: 2668: 2667: 2665: 2664: 2659: 2654: 2648: 2645: 2644: 2642: 2641: 2636: 2631: 2626: 2621: 2620: 2619: 2608: 2606: 2605:Related topics 2602: 2601: 2599: 2598: 2597: 2596: 2585: 2579: 2573: 2566: 2564: 2560: 2559: 2557: 2556: 2551: 2546: 2541: 2536: 2531: 2525: 2523: 2517: 2516: 2513: 2512: 2509: 2508: 2506: 2505: 2503:General Motors 2500: 2494: 2492: 2485: 2484: 2478: 2476: 2470: 2469: 2467: 2466: 2461: 2456: 2451: 2449:Green New Deal 2446: 2441: 2436: 2431: 2426: 2421: 2415: 2413: 2409: 2408: 2405: 2404: 2402: 2401: 2396: 2390: 2388: 2381: 2380: 2375: 2370: 2365: 2360: 2355: 2350: 2345: 2340: 2335: 2329: 2327: 2321: 2320: 2310: 2309: 2307: 2306: 2301: 2296: 2291: 2286: 2281: 2276: 2271: 2266: 2261: 2256: 2251: 2245: 2243: 2239: 2238: 2236: 2235: 2233:Allen Stanford 2230: 2225: 2220: 2215: 2210: 2205: 2204: 2203: 2192: 2190: 2186: 2185: 2183: 2182: 2177: 2172: 2170:Housing bubble 2167: 2162: 2156: 2154: 2150: 2149: 2147: 2146: 2141: 2140: 2139: 2129: 2124: 2123: 2122: 2117: 2107: 2101: 2099: 2095: 2094: 2087: 2086: 2079: 2072: 2064: 2058: 2057: 2055:OpenCorporates 2048: 2043: 2038: 2031: 2030:External links 2028: 2026: 2025: 1980: 1955: 1941: 1927: 1901: 1879: 1857: 1835: 1824:. 23 July 2013 1813: 1791: 1763: 1736: 1714: 1692: 1681:on 26 May 2013 1655: 1633: 1608: 1555: 1533: 1522:on 26 May 2013 1501: 1490:on 27 May 2013 1469: 1451: 1433: 1417: 1392: 1367: 1341: 1320: 1306: 1278: 1253: 1251: 1248: 1247: 1246: 1241: 1236: 1234:Kaupthing Bank 1231: 1225: 1224: 1208: 1205: 1181: 1178: 1155:New Landsbanki 1139:new government 1130: 1127: 1110: 1109: 1106: 1103: 1100: 1097: 1094: 1091: 1088: 1085: 1081: 1080: 1074: 1068: 1062: 1056: 1050: 1044: 1038: 1035: 1031: 1030: 1024: 1018: 1012: 1006: 1000: 994: 988: 985: 981: 980: 974: 968: 962: 956: 950: 944: 938: 935: 931: 930: 924: 918: 912: 906: 900: 894: 888: 885: 881: 880: 874: 868: 862: 856: 850: 844: 838: 835: 831: 830: 827: 824: 821: 818: 815: 812: 804: 803: 800: 793: 786: 779: 772: 733: 732: 729: 726: 723: 720: 717: 713: 712: 709: 706: 703: 700: 697: 696:General Claims 693: 692: 689: 686: 683: 680: 677: 673: 672: 669: 666: 663: 660: 657: 653: 652: 649: 646: 643: 640: 637: 633: 632: 629: 626: 623: 620: 617: 613: 612: 609: 606: 603: 600: 597: 593: 592: 549:(FSCS) and by 530: 527: 502: 499: 494:NĂ˝i Landsbanki 440:Main article: 437: 434: 411:Main article: 408: 405: 334:Heritable Bank 325: 322: 306:Liberalisation 271:Main article: 268: 265: 210:NĂ˝i Landsbanki 185: 184: 179: 175: 174: 168: 165: 162: 161: 129: 126: 123: 122: 113: 109: 108: 103: 99: 98: 91: 87: 86: 76: 72: 71: 66: 62: 61: 50: 46: 45: 15: 9: 6: 4: 3: 2: 2720: 2709: 2706: 2704: 2701: 2699: 2696: 2694: 2691: 2689: 2688:Bank failures 2686: 2684: 2681: 2680: 2678: 2663: 2660: 2658: 2655: 2653: 2650: 2649: 2646: 2640: 2637: 2635: 2632: 2630: 2627: 2625: 2622: 2618: 2615: 2614: 2613: 2610: 2609: 2607: 2603: 2595: 2592: 2591: 2589: 2586: 2583: 2580: 2577: 2574: 2571: 2568: 2567: 2565: 2561: 2555: 2552: 2550: 2547: 2545: 2542: 2540: 2537: 2535: 2532: 2530: 2527: 2526: 2524: 2518: 2504: 2501: 2499: 2496: 2495: 2493: 2489: 2483: 2480: 2479: 2477: 2471: 2465: 2462: 2460: 2457: 2455: 2452: 2450: 2447: 2445: 2442: 2440: 2437: 2435: 2432: 2430: 2427: 2425: 2422: 2420: 2417: 2416: 2414: 2410: 2400: 2397: 2395: 2392: 2391: 2389: 2385: 2379: 2376: 2374: 2371: 2369: 2366: 2364: 2361: 2359: 2356: 2354: 2351: 2349: 2346: 2344: 2341: 2339: 2336: 2334: 2331: 2330: 2328: 2322: 2315: 2311: 2305: 2302: 2300: 2297: 2295: 2292: 2290: 2287: 2285: 2282: 2280: 2277: 2275: 2272: 2270: 2267: 2265: 2262: 2260: 2257: 2255: 2252: 2250: 2247: 2246: 2244: 2240: 2234: 2231: 2229: 2226: 2224: 2221: 2219: 2218:Bernie Madoff 2216: 2214: 2213:Forex scandal 2211: 2209: 2206: 2202: 2199: 2198: 2197: 2196:Libor scandal 2194: 2193: 2191: 2187: 2181: 2178: 2176: 2173: 2171: 2168: 2166: 2163: 2161: 2158: 2157: 2155: 2151: 2145: 2142: 2138: 2135: 2134: 2133: 2130: 2128: 2125: 2121: 2120:South America 2118: 2116: 2115:United States 2113: 2112: 2111: 2108: 2106: 2103: 2102: 2100: 2096: 2092: 2085: 2080: 2078: 2073: 2071: 2066: 2065: 2062: 2056: 2052: 2049: 2047: 2044: 2042: 2039: 2037: 2036:Official site 2034: 2033: 2021: 2015: 2001:on 2013-10-05 1997: 1990: 1984: 1968: 1962: 1960: 1951: 1945: 1937: 1931: 1915: 1911: 1905: 1889: 1883: 1867: 1861: 1845: 1839: 1823: 1817: 1801: 1795: 1779: 1774: 1767: 1752:. Norges Bank 1751: 1745: 1743: 1741: 1724: 1718: 1702: 1696: 1677: 1670: 1664: 1662: 1660: 1643: 1637: 1621: 1615: 1613: 1593: 1586: 1580: 1578: 1576: 1574: 1572: 1570: 1568: 1566: 1564: 1562: 1560: 1543: 1537: 1518: 1511: 1505: 1486: 1479: 1473: 1467: 1463: 1460: 1459:FME.is - News 1455: 1449: 1445: 1442: 1437: 1430: 1426: 1421: 1406: 1402: 1396: 1381: 1377: 1371: 1356: 1352: 1345: 1330: 1324: 1316: 1310: 1301: 1297: 1294: 1292: 1285: 1283: 1264: 1258: 1254: 1245: 1242: 1240: 1237: 1235: 1232: 1230: 1227: 1226: 1222: 1211: 1204: 1200: 1198: 1193: 1188: 1177: 1175: 1171: 1166: 1164: 1160: 1159:Glacier bonds 1156: 1152: 1151:Glacier bonds 1147: 1145: 1140: 1136: 1126: 1124: 1118: 1107: 1104: 1101: 1098: 1095: 1092: 1089: 1086: 1075: 1069: 1063: 1057: 1051: 1045: 1039: 1036: 1025: 1019: 1013: 1007: 1001: 995: 989: 986: 975: 969: 963: 957: 951: 945: 939: 936: 925: 919: 913: 907: 901: 895: 889: 886: 875: 869: 863: 857: 851: 845: 839: 836: 828: 825: 822: 819: 816: 813: 806: 805: 773: 765: 762: 758: 756: 751: 745: 743: 741: 730: 727: 724: 721: 718: 715: 714: 710: 707: 704: 701: 698: 690: 687: 684: 681: 678: 670: 667: 664: 661: 658: 650: 647: 644: 641: 638: 630: 627: 624: 621: 618: 610: 607: 604: 601: 598: 595: 594: 589: 586: 584: 578: 576: 572: 567: 565: 560: 556: 552: 548: 542: 540: 536: 526: 524: 520: 516: 512: 508: 498: 495: 490: 485: 483: 479: 474: 472: 468: 464: 461: 456: 455: 449: 443: 433: 429: 426: 423: 418: 414: 404: 401: 397: 395: 391: 387: 383: 379: 375: 371: 367: 363: 359: 355: 351: 347: 343: 339: 335: 331: 321: 319: 318:privatization 315: 311: 307: 303: 300: 298: 294: 289: 285: 280: 274: 264: 260: 258: 255:, equity and 254: 250: 246: 240: 238: 234: 230: 226: 222: 218: 213: 211: 207: 203: 199: 195: 191: 183: 182:landsbanki.is 180: 176: 169: 163: 158: 150: 142: 138: 133: 130: 124: 121: 117: 114: 110: 107: 104: 100: 96: 93:Entered into 92: 88: 84: 80: 77: 73: 70: 67: 63: 59: 54: 51: 47: 43: 38: 34: 33:Landsbanki hf 26: 22: 2003:. Retrieved 1996:the original 1983: 1971:. Retrieved 1944: 1930: 1920:20 September 1918:. Retrieved 1914:the original 1904: 1892:. Retrieved 1882: 1870:. Retrieved 1860: 1850:12 September 1848:. Retrieved 1838: 1826:. Retrieved 1816: 1804:. Retrieved 1794: 1782:. Retrieved 1766: 1754:. Retrieved 1727:. Retrieved 1717: 1705:. Retrieved 1695: 1683:. Retrieved 1676:the original 1646:. Retrieved 1636: 1626:13 September 1624:. Retrieved 1599:. Retrieved 1592:the original 1546:. Retrieved 1536: 1524:. Retrieved 1517:the original 1504: 1492:. Retrieved 1485:the original 1472: 1454: 1436: 1420: 1409:. Retrieved 1405:the original 1395: 1384:. Retrieved 1380:the original 1370: 1359:. Retrieved 1355:The Guardian 1354: 1344: 1333:. Retrieved 1323: 1309: 1303:(in English) 1293:(07.10.2008) 1290: 1270:. Retrieved 1268:. Landsbanki 1257: 1221:Banks portal 1201: 1196: 1186: 1183: 1167: 1162: 1158: 1153:towards the 1150: 1148: 1132: 1116: 1115: 1113: 829:Amount (bn) 759: 746: 739: 738: 736: 716:Total Claims 582: 579: 574: 570: 568: 563: 558: 543: 538: 532: 504: 486: 475: 454:The Guardian 452: 445: 430: 427: 419: 416: 402: 398: 327: 304: 301: 276: 261: 257:fixed income 241: 225:central bank 214: 194:Landsbankinn 193: 189: 188: 112:Headquarters 95:receivership 49:Company type 21:Landsbankinn 2582:Arab Spring 2491:Non-banking 2223:Tom Petters 2053:grouped at 2046:Mobile site 1894:9 September 1872:9 September 1828:9 September 1806:9 September 1784:9 September 823:Amount (bn) 817:Amount (bn) 802:Total (bn) 788:24 May 2012 774:22 Apr 2009 253:derivatives 55:(2003–2008) 2677:Categories 2005:2013-10-05 1411:2008-10-08 1386:2008-10-08 1361:2008-10-07 1335:2008-10-07 1272:2008-05-08 1250:References 1078:(~ISK 107) 1028:(~ISK 340) 1010:(~ISK 172) 998:(~ISK 138) 928:(~ISK 205) 898:(~ISK 178) 795:5 Oct 2012 781:2 Dec 2011 596:Claim type 476:Under the 259:services. 237:privatized 190:Landsbanki 127:Key people 2201:Tom Hayes 2098:By region 1973:2 October 1729:2 October 1707:2 October 1648:2 October 1601:2 October 1331:. Icesave 1170:Kaupthing 1072:(~ISK 23) 1048:(~ISK 84) 1022:(~ISK 30) 978:(~ISK 10) 948:(~ISK 10) 922:(~ISK 27) 511:marketing 378:Amsterdam 358:Frankfurt 346:Edinburgh 116:ReykjavĂ­k 102:Successor 79:ReykjavĂ­k 2498:Chrysler 2110:Americas 2014:cite web 1778:Archived 1756:20 March 1685:20 March 1548:21 March 1526:21 March 1494:21 March 1462:Archived 1444:Archived 1425:BBC News 1357:. London 1296:Archived 1207:See also 1133:Iceland 1060:(~ISK 0) 972:(~ISK 0) 960:(~ISK 0) 910:(~ISK 0) 878:(~ISK 0) 872:(~ISK 0) 866:(+20.3%) 860:(~ISK 0) 854:(+21.4%) 848:(~ISK 0) 842:(+13.8%) 602:Accepted 507:football 137:Chairman 65:Industry 2144:Oceania 2137:Iceland 1229:Glitnir 1174:Glitnir 1135:elected 1066:(-4.8%) 1054:(+0.5%) 1042:(-6.8%) 1016:(+5.4%) 1014:201.4 1004:(+7.7%) 992:(+0.1%) 916:(-4.4%) 904:(-2.5%) 892:(-2.8%) 731:2354.2 711:1677.4 407:Icesave 267:History 249:M&A 178:Website 139:of the 120:Iceland 90:Defunct 83:Iceland 75:Founded 69:Banking 53:Private 2132:Europe 2105:Africa 1064:124.4 1052:131.3 1040:121.8 1002:205.9 990:191.3 966:(0.0%) 954:(0.0%) 942:(0.0%) 914:161.8 902:164.9 890:164.5 864:126.9 852:128.1 840:120.1 719:3074.2 699:1677.4 691:677.9 679:1325.4 523:sports 374:Madrid 366:Geneva 362:ZĂĽrich 354:Dublin 342:London 338:Europe 330:market 172:(2007) 170:2,770 157:co-CEO 149:co-CEO 106:NBI hf 1999:(PDF) 1992:(PDF) 1679:(PDF) 1672:(PDF) 1595:(PDF) 1588:(PDF) 1520:(PDF) 1513:(PDF) 1488:(PDF) 1481:(PDF) 1266:(PDF) 1117:Note: 1076:0.90 1070:0.19 1046:0.71 1037:130.7 1026:1.74 1020:0.15 1008:0.85 996:0.74 987:191.1 926:1.27 920:0.17 887:169.2 837:105.5 740:Note: 728:650.0 722:78.6% 702:61.5% 688:647.6 682:99.1% 370:Milan 350:Paris 141:board 2399:U.S. 2127:Asia 2020:link 1975:2013 1922:2013 1896:2013 1874:2013 1852:2013 1830:2013 1808:2013 1786:2013 1758:2013 1731:2013 1709:2013 1687:2013 1650:2013 1628:2013 1603:2013 1550:2013 1528:2013 1496:2013 1172:and 1108:648 976:10 896:1.1 826:Rate 820:Rate 814:Rate 725:69.0 665:58.0 662:100% 659:58.0 642:100% 622:100% 392:and 376:and 344:and 1099:172 1093:410 946:10 648:2.4 645:6.1 639:8.5 625:4.9 619:4.9 489:NBI 368:), 308:of 217:ISK 2679:: 2394:EU 2016:}} 2012:{{ 1958:^ 1739:^ 1658:^ 1611:^ 1558:^ 1427:. 1353:. 1281:^ 1137:a 1105:80 1058:0 970:0 964:1 958:0 952:1 940:1 908:0 876:0 870:0 858:0 846:0 671:0 651:0 631:0 585:. 566:. 491:, 473:. 372:, 360:, 251:, 118:, 81:, 2083:e 2076:t 2069:v 2022:) 2008:. 1977:. 1924:. 1898:. 1876:. 1854:. 1832:. 1810:. 1788:. 1760:. 1733:. 1711:. 1689:. 1652:. 1630:. 1605:. 1552:. 1530:. 1498:. 1414:. 1389:. 1364:. 1338:. 1275:. 1102:- 1096:- 1090:- 1087:- 937:1 708:0 705:0 685:0 668:0 628:0 467:ÂŁ 159:) 155:( 151:) 147:( 143:) 135:( 27:.

Index

Landsbankinn
Musashi International School Tokyo

Private
Government-owned corporation
Banking
ReykjavĂ­k
Iceland
receivership
NBI hf
ReykjavĂ­k
Iceland
Björgólfur Guðmundsson
Chairman
board
co-CEO
co-CEO
landsbanki.is
2008–2011 Icelandic financial crisis
Icesave dispute
Icelandic Financial Supervisory Authority
Nýi Landsbanki
ISK
market capitalization
central bank
Central Bank of Iceland
monetary policy
privatized
OMX Iceland Stock Exchange
M&A

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑