According to mbl.is, the next step towards an IPO (initial public offering) and listing of shares in Íslandsbanki has been announced by The Icelandic State Financial Investments, on behalf of the Treasury of Iceland and Íslandsbanki hf.
The Icelandic State Financial Investments, “ISFI” (Bankasýsla ríkisins), on behalf of the Treasury of Iceland, and Íslandsbanki hf., have confirmed their intention to proceed with the next step towards an initial public offering (IPO) and listing of shares in Íslandsbanki on Nasdaq Iceland.
About Íslandsbanki
Íslandsbanki is a universal bank and a leader in financial services in Iceland with a history of 145 years of servicing key industries. The Bank has a 25-40% market share across all domestic business segments. Íslandsbanki s purpose is to move Iceland forward by empowering our customers to succeed. Driven by the vision to be #1 for service, Íslandsbanki s relationship banking business model is propelled by three business divisions that manage and build relationships with the Bank s customers. Íslandsbanki has developed a wide range of online services such as the Íslandsbanki and Kass apps, enabling customers to do their banking anywhere and anytime. At the same time, the Bank continues to operate the most efficient branch network in Iceland through its strategically located 12 branches. Íslandsbanki has a BBB/A-2 rating from S&P Global Ratings.
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