Excess demand in a private offering of shares in Icelandair Group hf.

In a private sales offering, Íslandsbanki accepted bids for 514,460,932 shares or 10.29% of the issued share capital in Icelandair Group hf. The offering was three times over-subscribed, resulting in a total sales value ISK 3.3 billion. The Bank had aimed to sell a 5% stake in Icelandair Group hf. but the final amount was revised upwards when the results of investors’ bids were in. After the sale, the Bank‘s equity holding in Icelandair Group hf. is 9.7%, compared to a 19.99% stake prior to the sale

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Íslandsbanki signs declaration on climate issues

24.11.2015 14:58
Íslandsbanki signed a declaration concerning climate issues yesterday at Höfði, together with 102 other firms and institutions.

Islandsbanki hf. : 9M15 Condensed Consolidated Interim Financial Statements

12.11.2015 08:34 - IR Releases
Profit after tax was ISK 16.7bn in 9M15 compared to ISK 18.2bn in 9M14. The difference is mainly due to irregular items.

Íslandsbanki sponsor of Startup Tourism

09.11.2015 13:23
A new startup accelerator is a cooperative project between Íslandsbanki, Blue Lagoon, Isavia and Vodafone.

Standard & Poor’s affirmed its rating on Íslandsbanki, BBB-/A-3 with stable outlook

03.11.2015 11:13
S&P stable outlook on Íslandsbanki reflects their assumption that Íslandsbanki will retain strong capital and liquidity buffers.

Islandsbanki hf. : Glitnir hf. creditor group submits amended proposal for stability contribution

20.10.2015 08:28 - IR Releases
The Ministry of Finance and Economic Affairs announced this morning that a group of Glitnir's hf. creditors has submitted amendments to its previous...

Stronger growth anticipated

19.10.2015 15:26
The GDP growth has been driven mainly by exports but for 2015-2017 we forecast that domestic demand will grow apace

Construction begins at Bakki

21.09.2015 09:21
The start of construction of the PCC silicon plant at Bakki, near Húsavík, was celebrated last week. Financing was completed this summer, with capital...