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...
Business
Information and news on Business and Finance related issues
Convention signed between Iceland and South Korea
The governments of Iceland and South Korea have agreed to work together in order to foster stronger economic cooperation. According to reports in the ...
Iceland and Bulgaria compete to pamper
Although Iceland has the highest number of mineral springs in the world, according to spa experts, Bulgaria may soon emerge as the most popular countr...
Finland PM headed to South Korea and Japan
The Prime Minister of Finland, Matti Vanhanen recently announced plans to visit both Japan and South Korea in the near future. According to reports by...
Lithuanians unite in Iceland
Last Saturday, immigrants from Lithuania met in Reykjavik as part of an establishing congress. According to reports in the Baltic Course, Lithuanians ...
Actavis pharmaceuticals strengthens retail presence in Australia
Actavis, a generic pharmaceuticals company based in Iceland, has signed a distribution agreement for a number of retail products with Australian compa...
Icelandic CDS levels keep falling
Credit default swap (CDS) levels on Icelandic banks have fallen considerably following credit agreements between Iceland and the central banks of Swed...
Offshore savings bank releases fixed rate bonds
Isle of Man based savings bank, Bradford & Bingley International, has launched two new fixed rate bonds. A limited edition one year bond (Fixed Ra...