Strategy and policies

Íslandsbanki places great importance on mapping out a clear strategic direction and developing its business model.

Íslandsbanki #1 for service


In addition to the Bank´s overall policy the Bank also has a Corporate Social Responsibility policy and a Human Resource Strategy.

In order to promote transparency and sound corporate governance we have a general ownership policy and a policy on the sale of the Bank´s assets.

Íslandsbanki´s strategy


Annual Strategy Summits involving Board members, employees and customers have played a key role in defining particular aspects of the Bank’s strategy, including role, values, and vision. The objective of the Bank´s strategy is to create and deliver long-term sustainable value for all our stakeholders. 

Corporate Social Responsibility


Íslandsbanki is one of Iceland's leading companies. As a large workplace with a very broad client base, the bank has made it a priority to maintain a good relationship with its immediate environment and customers. Íslandsbanki endeavours to bring a progressive, professional and positive approach to all its activities and believes that if it can be guided by those values, it can build a responsible, open and reliable bank that plays a proactive role in the enhancement of the community and environment in which it operates.

Human Resource Strategy


Íslandsbanki offers its employees good working conditions and enticing opportunities in a variety of ways. The objective of Íslandsbanki is to recruit, strengthen and retain skilled and reliable staff.

Íslandsbanki endeavours to create a secure working environment which places an emphasis on non-discrimination, clear vision, transparent working methods and the active participation of its employees in, among other things, the strategy building process of the bank.

Policy on the sale of assets


Íslandsbanki implemented its policy on the sale of bank assets in 2017. The aim of the policy is to support transparency, objectivity, equality and efficiency in the bank's decision making process regarding the sale of assets. The measures are designed to increase customer and investor trust and to positively reflect the bank's integrity and professionalism.

General ownership policy


Íslandsbanki's Board has approved the bank's general ownership policy.  The aim of the policy is to outline the bank's values and guidelines on corporate governance on a Group basis. The measures are designed to support investment transparency and effective corporate governance.

The policy covers all the bank's subsidiaries.