Reykjavik saving bank SPRON returns 9 month results for 2007
Net after-tax profit ISK 9.3 billion. Return on equity (ROE) 41.6%. Gudmundur Hauksson CEO: “The operating results for the first nine months of the ye...
Kaupthing Bank reports net earnings of ISK 60.2 billion (EUR 683 million).
Kaupthing Bank’s Results for the First Nine Months of 2007 is out and reports net earnings of ISK 60.2 billion (EUR 683 million). Hreidar Mar Sigurdss...
Iceland behind America’s geothermal push
A lot of the impetus behind the current US drive for geothermal alternatives to fossil fuels comes from across the Atlantic, in Iceland. Iceland Ameri...
Glitnir wins Bank of the Year 2007
The Banker magazine named Glitnir as Icelandic ‘Bank of the Year’ at its annual awards ceremony last week in London. Nordic bank Glitnir w...
Glitnir ‘best bank’ in Iceland
Global Finance, the international financial news magazine, has named Glitnir the ‘Best Bank’ in Iceland in its 2007 ‘World’s B...
Icelandic banks gamble on credit crunch
Whilst many financial spectators have been advising Icelandic banks to proceed more cautiously this year, the main Icelandic banks have not stopped in...