Creditors acquire 95 percent of share capital in Islandsbanki
Announcement from Glitnir’s Resolution Committee, the Ministry of Finance and Íslandsbank:
Icelandic banks secretly buying fishing permits?
As reported on IceNews, the Rod Fishing Association of Seydisfjordur confirmed a few weeks ago that when it pressed the banks on whether they would be...
The Icelandic financial supervisory authority takes over Glitnir Bank
Based on new legislation, the Icelandic financial supervisory authority (IFSA) has proceeded to take control of Glitnir Bank. The bank is now under th...
Icelandic government officials and stakeholders meet
According to Icenews sources, a major announcement can be expected early Monday and MBL.is just reported that Icelandic government officials, represen...
Kaupthing to buy Landsbanki
Local media DV.is reported today that, according to their sources, Kaupthing bank would buy Landsbanki with the back-up of the Icelandic government. A...
US geothermal conference scheduled for October
Geothermal experts and businesses from around the world will be converging on Reno, Nevada between 5th and 8th October for the 2008 Geothermal Energy ...
Glitnir Bank arranges loan for US geothermal power plant
Glitnir, a leading provider of financing and advisory services to the geothermal energy industry, announced yesterday that it co-arranged a US$180 mil...
Consumer confidence bounces back in Iceland
August experienced a jump in consumer confidence in Iceland, rebounding from a record low of the previous month, reports Reuters referring to a poll b...