Central Bank of Iceland policy rate lowered
The Monetary Policy Committee has decided to lower the Central Bank of Iceland’s policy rate by 100 basis points to 12.0 percent. Overnight lend...
Restructuring of Icelandic Savings banks
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Financial Supervisory Authority (FME) intervenes in operations of SPRON and Sparisjódabankinn. Governm...
‘British offer to guarantee Icesave declined by Iceland Central Bank’
Bjorgolfur Thor Bjorgolfsson, a major shareholder of Landsbanki, said this week that deposits with the collapsed savings brand Icesave could have been...
Iceland puts up interest rate to 18%
The Central Bank of Iceland has announced that the key interest rate will increase by 6% to 18%. The bank recently lowered the rate by 3.5% from 15.5%...
Hundreds demostrate against Central Bank of Iceland
As many as two thousand people protested in a demonstration in Reykjavik yesterday against the management of the Central Bank of Iceland.
Status of domestic and international payment intermediation
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Domestic payment intermediation between banking institutions and their customers is proceeding smoothl...
Payments to Icelandic banks
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Due to the extraordinary circumstances in banking today we have a reason to believe that some payments...
Temporary foreign exchange arrangements
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND The Central Bank of Iceland has come to an agreement with market makers in the foreign exchange market,...