Íslandsbanki

	Íslandsbanki Íslandsbanki (, ) is an Icelandic bank with roots tracing back to 1875, formerly being the domestic part of Glitnir (bank), Glitnir banki hf., but on 15 October 2008 being split from the bankrupt Glitnir and reestablished into a new independent bank. The sole operations of the bank is to manage a branch network in Iceland, with a 20%-40% market share across all domestic franchise areas. As of 2022, the bank has 12 branches around Iceland. First Íslandsbanki Íslandsbanki was originally created in 1990 through the merger of Alþýðubanki (Union Bank), Verzlunarbanki (Bank of Commerce) and Iðnaðarbanki (Industrial Bank). After its 2000 merger with FBA Icelandic Investment Bank, the bank was briefly renamed Íslandsbanki-FBA, but "FBA" was dropped from the name in 2002. In 2006, the bank again rebranded itself as Glitnir (bank), Glitnir. Second Íslandsbanki The bank was re-established on 15 October 2008 under the name Nýi Glitnir ("New Glitnir") to take over the Icelandic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Glitnir (bank) Glitnir was an international Icelandic bank. It was created by the state-directed merger of the country's three privately held banks - ''Alþýðubanki'' (Union Bank), ''Verzlunarbanki'' (Bank of Commerce) and ''Iðnaðarbanki'' (Industrial Bank) - and one failing publicly held bank - ''Útvegsbanki'' (Fisheries Bank) - to form ''Íslandsbanki'' in 1990. At the time, ''Íslandsbanki'' was the only major privately held commercial bank in Iceland. It was publicly listed on the Iceland Stock Exchange, in 1993. ''Íslandsbanki'' subsequently merged with FBA Icelandic Investment Bank in 2000. On 20 February 2009, in light of the Icelandic financial crisis, the bank's name was changed back to the original Íslandsbanki. By 15 October 2009, it was decided that 95% of the new Íslandsbanki would be taken over by the creditors of Old Glitnir, while the government of Iceland would retain ownership of the remaining 5%. Ownership A third of the company was owned by Stodir. A large share ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Banks Of Iceland The following is a list of banks in Iceland. Contemporary banks Central * Central Bank of Iceland Commercial * Arion Bank (formerly known as ''New Kaupthing'') * Íslandsbanki (formerly known as ''New Glitnir'') * Landsbankinn (formerly known as ''New Landsbanki'') * Kvika banki Investment * Kvika banki * Defunct banks * Askar Capital (privately owned) * Búnaðarbanki (merged with Kaupthing, became KB Bank and later Kaupthing Bank) * Glitnir (previously government-owned, privatized, went back into government hands during the Icelandic financial crisis) * Iðnaðarbanki (merged with Útvegsbanki, Alþýðubanki, Verzlunarbanki and Samvinnubanki) * Íslandsbanki (First Íslandsbanki was founded in 1904, went bankrupt during the Great Depression. Second Íslandsbanki came into existence when the government owned banks Útvegsbanki, Samvinnubanki, Iðnaðarbanki and Verslunarbanki merged. Íslandsbanki was later re-branded as Glitnir Bank, which was taken into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Friðrik Klemenz Sophusson Friðrik Sophusson (born 18 October 1943 in Reykjavík) is an Icelandic politician and company director. He was the former director of Icelandic state-run energy firm Landsvirkjun. Career Friðrik graduated from the University of Iceland in 1972, as a lawyer and was managing director of Management Association of Iceland between 1972 and 1978 when he took a seat in Parliament. was Minister of Industry and Commerce from 8 July until 28 December 1987 and Minister of Finance from 30 April 1991 until 16 April 1998. From 1998 until 2009 he was the director of Landsvirkjun. In 2010 he was announced as the chairman of the board of directors of Íslandsbanki, one of the three major Icelandic banks. Other activities In his political career he has been a member of various committees and boards, e.g. the central committee of the conservative Independence Party. As director of Iceland's state-run energy firm Landsvirkjun, Friðrik has been among the most active proponents of the controver ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	2008–2011 Icelandic Financial Crisis The Icelandic financial crisis was a major financial crisis, economic and political event in Iceland between 2008 and 2010. It involved the default (finance), default of all three of the country's major privately owned commercial banks in late 2008, following problems in refinancing their current liability, short-term debt and a bank run, run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest of any country in economic history. The crisis led to a severe recession and the 2009 Icelandic financial crisis protests. In the years preceding the crisis, three Icelandic banks, Kaupthing Bank, Kaupthing, Landsbanki and Glitnir (bank), Glitnir, multiplied in size. This expansion was driven by ready access to credit in international financial markets, in particular money markets. As the 2008 financial crisis unfolded, investors perceived the Icelandic banks to be increasingly risky. Trust in the ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Private Company A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Companies Based In Reykjavík A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Jón Guðni Ómarsson Jón is an Old Norse common name still widely used in Iceland and the Faroes. According to Icelandic custom, people named Jón are generally referred to by first and middle names and those without a middle name are referred to with both first name and patronym disambiguation is required. ''Jón'' is derived from the name Johannes (English John) with the original meaning being ''God (Yahweh) is gracious''. The name is one of the most frequently given names in Iceland. In 2002, it was ranked first before Sigurður and Guðmundur. People with the name ''Jón'' Kings * Jón I of Sweden Others * Jón Hnefill Aðalsteinsson (1927–2010), Icelandic scholar and folklorist * Jón Jónsson Aðils (1869–1920), Icelandic historian * Jón Arason (c. 1484–1550), Icelandic bishop * Jón Árnason, multiple people * Jón Baldursson (1954–2023), Icelandic bridge player * Jón Atli Benediktsson (born 1960), Icelandic academic * Jón Þór Birgisson (born 1975), Icelandic musici ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	List Of Ig Nobel Prize Winners A parody of the Nobel Prizes, the Ig Nobel Prizes are awarded each year in mid-September, around the time the recipients of the genuine Nobel Prizes are announced, for ten achievements that "first make people laugh, and then make them think". Commenting on the 2006 awards, Marc Abrahams, editor of ''Annals of Improbable Research'' and co-sponsor of the awards, said that " e prizes are intended to celebrate the unusual, honor the imaginative, and spur people's interest in science, medicine, and technology". All prizes are awarded for real achievements, except for three in 1991 and one in 1994, due to an erroneous press release. 1991 The awards were presented on October 3. Each winner received a medal shaped like a frying pan that makes noise when shaken and Cambridge parking passes that are valid from 3 a.m. – 4 a.m. the day after Christmas. * Biology: Robert Klark Graham for his development of the Repository for Germinal Choice, a sperm bank that accepts donations only from N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Ig Nobel Prize The Ig Nobel Prize () is a satirical prize awarded annually since 1991 to promote public engagement with scientific research. Its aim is to "honor achievements that first make people laugh, and then make them think." The name of the award is a pun on the Nobel Prize, which it parodies, and on the word "ignoble". Organized by the scientific humor magazine '' Annals of Improbable Research'' (AIR), the Ig Nobel Prizes are presented by Nobel laureates in a ceremony at the Massachusetts Institute of Technology. The winners also deliver public lectures. The Ig Nobel Prize monetary award is given in a solitary banknote for the amount of 10 trillion Zimbabwean dollars ($0.40 USD, but the banknote is worth more as a collector's item). History The Ig Nobels were created in 1991 by Marc Abrahams, then editor-in-chief of the '' Journal of Irreproducible Results'' and later co-founder of the '' Annals of Improbable Research'', who has been the master of ceremonies at all awards ceremon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Central Bank Of Iceland The Central Bank of Iceland (, ) is the central bank or reserve bank of Iceland. It is owned by the Icelandic government, and is administered by a governor and a seven-member supervisory board, elected by the country's parliament following each general election. It has the sole right to issue notes and coins of Icelandic krónur and to manage the state's foreign currency reserves. History The Central Bank of Iceland was created in 1961 by an act of the Alþingi out of the central banking department of Landsbanki Íslands, which had been the island's sole bank of issue since 1927 and had conducted only limited monetary policy. The Central Bank Act of 1986 eliminated the ability of the Central Bank to regulate the interest rates of commercial banks and savings banks. Though nominally independent, the Central Bank of Iceland was historically expected to follow the lead of the central government. In 2001, however, a floating exchange rate policy was introduced and since then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Landsbanki Landsbanki (, ), also commonly known as Landsbankinn (, ) was one of the largest Icelandic commercial banks; it failed as part of the 2008–2011 Icelandic financial crisis when its subsidiary sparked the Icesave dispute. On October 7, 2008, the Icelandic Financial Supervisory Authority took control of Landsbanki and created a new bank for all the domestic operations called Nýi Landsbanki (New Landsbanki) and the bank continued to operate under the same name.The Financial Supervisory Authority - Iceland, ''News: Based on New Legislation, the Icelandic Financial Supervisory Authority (IFSA) Proceeds to take Control of L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Kaupthing Bank Kaupthing Bank (, ) was a major international Icelandic bank, headquartered in Reykjavík, Iceland. It was taken over by the Icelandic government during the 2008–2011 Icelandic financial crisis and the domestic Icelandic-based operations were spun into a new bank ''New Kaupthing'', which was subsequently renamed Arion banki, Arion Banki. All the non-Icelandic assets and debts remained with the now defunct Kaupthing Bank. Prior to its collapse, it also allegedly loaned money to various parties with the purpose of buying Kaupthing shares. Prior to its collapse, Kaupthing Bank operated in thirteen countries, including all the Nordic countries, the Netherlands, Belgium, Luxembourg, Switzerland, the United Kingdom and the United States. It was the seventh-largest bank in the Nordic Region, Nordic countries in terms of market capitalization. The bank had employed over 3,300 people with 36 retail Branch (banking), branches in Iceland. As of 31 December 2007, the bank had a total asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]