Profit after tax was ISK 16.7bn in 9M15 compared to ISK 18.2bn in 9M14. The difference is mainly due to irregular items.
A new startup accelerator is a cooperative project between Íslandsbanki, Blue Lagoon, Isavia and Vodafone.
S&P stable outlook on Íslandsbanki reflects their assumption that Íslandsbanki will retain strong capital and liquidity buffers.
The Ministry of Finance and Economic Affairs announced this morning that a group of Glitnir's hf. creditors has submitted amendments to its previous proposal concerning Glitnir's stability contributions to the State announced on June 8th 2015, in relations to the government's plan of lifting of the capital controls.
The GDP growth has been driven mainly by exports but for 2015-2017 we forecast that domestic demand will grow apace
The start of construction of the PCC silicon plant at Bakki, near Húsavík, was celebrated last week. Financing was completed this summer, with capital for the project totalling USD 300m, or ISK 38bn.
Rut Gunnarsdóttir has been engaged as Compliance Officer at Íslandsbanki.
Íslandsbanki, Arion Bank, and Landsbanki have granted Landsvirkjun a seven-year syndicated credit facility totalling ISK 12bn, consisting of one ISK 4bn loan facility from each of the three banks.
Profit after tax was ISK 10.8bn in 1H15 compared to ISK 14.7bn in 1H14. The difference is mainly due to irregular items.