Landsbankinn
Landsbankinn (literally "the National bank"), originally NBI hf., is an Icelandic bank headquartered in Reykjavík. It was established in 2008 by the Icelandic government out of the domestic operations of its predecessor Landsbanki which failed during the 2008–2011 Icelandic financial crisis. It is the largest bank in Iceland and the history of its predecessor goes back to 1885. In 2022 the bank had 35 branches around Iceland. The bank has around 39% market share in the retail market and around 34% in the corporate banking market (2022). In recent years, the bank has faced criticism for shutting down and reducing the opening hours of several of its branches in smaller towns throughout Iceland.
| Company type | Government-owned corporation (from 2008) Private (2003–2008) Government-owned corporation (prior to 2003) |
|---|---|
| Industry | Banking |
| Predecessor | Landsbanki |
| Founded | 9 October 2008 (history traces back to 1885) |
| Headquarters | Reykjavík , |
Number of locations | |
Area served | Iceland |
Key people | Lilja Björk Einarsdóttir (CEO) Helga Björk Eiríksdóttir (Chairman) |
| Products | Consumer banking, corporate banking, mortgage loans, private banking, private equity, wealth management, credit cards, |
| ISK 62,330 billion (2021) | |
Net income | ISK 28,9191 billion (2021) |
| Total assets | ISK 1.729 trillion (2021) |
| Total equity | ISK 282,645 billion (2021) |
| Owner | Icelandic State Treasury (98,2%), Landsbanki (1,6%), Other investors (0,2%) |
Number of employees | About 800 (2022) |
| Website | www |
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.