British expats keep high savings rate
Bradford & Bingley International, a specialist provider of offshore savings accounts for British expats, has announced it will leave the interest ...
British and Icelandic economies closely linked
Since January, the value of Iceland’s currency has fallen considerably and international confidence in the country’s banks to cover their foreign debt...
Iceland interest rates unchanged
The Central Bank of Iceland’s board of governors met last week to consider the country’s interest rate and announced that the current rate of 15...
Glitnir closes covered bond in Norway
Glitnir Bank in Norway recently announced it had successfully closed a covered bond issue of NOK 7 billion (approximately EUR 900 million). The Icelan...
Icelandair names new CEO
Birkir Holm Gudnason has been named the new CEO of Icelandair. He has worked for the company for many years and was previously the Nordic countries de...
Joining the club: Kuoni scores another hole in one
The Kuoni Group has acquired the Scandinavian-based golfing specialist Golf Plaisir Resebyra AB. According to trading-house.com, the tour operator wil...
Turkish plastics impress Icelandic investors
Investors in Iceland are showing increasing interest in Turkey’s blossoming economy, according to Packaging Europe. In particular, foreign investors –...