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Iceland Banking News. Service for global professionals. Constantly updated news and information about Iceland.
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  • Saving global economy will hit Britain hardest 8 Nov 2009 00:51 GMT
    ... tax bill following the collapse of the banks. But more serious damage to our future ... consumers. The less we pay for our banking and borrowing, the greater the likelihood that ... split up. In other countries, for example Iceland, governments were unable to rescue their banks, ...

  • Concern over Iceland EU bid as public support tanks 7 Nov 2009 00:14 GMT
    ... the Nordic Council in Stockholm that while Iceland had applied to join, the people did ... into their default eurosceptic position. "With the banking collapse, there was a panic. a huge majority ...

  • Council recovers £315,000 from its Icelandic accounts 7 Nov 2009 07:59 GMT
    ... NELC claws back £315k of Icelandic cash ​NORTH East Lincolnshire Council has managed ... shortly before the collapse of two Icelandic banks last October. The payment, due in December, brings ...

  • An ugly place for Caricom states 7 Nov 2009 02:58 GMT
    ... it is the smalls that have fared worst-Iceland, Ireland, the three Baltic states. Iceland has ... not only suffered a catastrophic economic and banking collapse. It is also being bullied by ... billions lost by their citizens when Icelandic banks collapsed. Membership of the European Union has ...

  • Talking Our Way Out of the Great Recession 7 Nov 2009 06:53 GMT
    ... Bush Administration began bailing out the defaulting banks. Secretary of the Treasury Hank Paulson, no ... European banks, including all the banks of Iceland, the Bank of Scotland, and major institutions ... all that brings to our vastly over mortgaged domestic economy. The natural excesses of the ...

  • Save football: bring back Macaroon bars, Panini stickers and 20-a-side 7 Nov 2009 00:35 GMT
    ... fans are revolting (na, too easy). The banks are at the door looking for their money ... Thomas Stickroth and can't walk past an Iceland supermarket without thinking of Guni Torfason. Better ...

  • Iceland's Krona Continues to Struggle Against the Euro 2 Nov 2009 17:53 GMT
    ... Effective Monday, Iceland lifted its restrictions on capital outflows. New ... year following the collapse of Iceland's largest banks. The krona has been unable to keep pace ...

  • Marketers will shape new face of high street banking 4 Nov 2009 14:53 GMT
    ... significant new entrants to the UK retail banking market will serve up a bean feast ... best and that retail, commercial and investment banks should be allied wherever possible to the ... the run on Northern Rock and the Icelandic banks. The astute new entrant will realise ...

  • European, British Central Banks Don't Alter Interest Rates 5 Nov 2009 16:31 GMT
    ... its added lending measures that have provided banks with ready cash during the financial crisis ... pumped extra money into their economies and banking systems since the crisis began to bite ... economic activity may soon be evident." Meanwhile, Iceland's central bank lowered its official interest rate ...

  • Transcript of a Conference Call on the Completion of the First Review of Iceland's Stand-By Arrangement with Mark Flanagan, Mission Chief for Iceland, and Franek Rozwadowski, Resident Representative in Iceland  2 Nov 2009 23:56 GMT
    ... the Completion of the First Review of Iceland's Stand-By Arrangement with Mark Flanagan, Mission Chief ... had the full balance sheet of the banking system, nor the breakdown of this into ... creditors in recovery during the liquidation of banks. This is what we're looking for, that ...

  • European, British central banks leave rates alone 5 Nov 2009 13:50 GMT
    ... European, British central banks leave rates alone By George Frey and ... pumped extra money into their economies and banking systems since the crisis began to bite ... the ECB's version of quantitative easing. Meanwhile, Iceland's central bank lowered its official interest rate ...

  • European, British central banks leave rates unchanged; Britain boosts the money supply further 5 Nov 2009 14:31 GMT
    ... European, British central banks leave rates unchanged; Britain boosts the money ... pumped extra money into their economies and banking systems since the crisis began to bite ... the ECB's version of quantitative easing. Meanwhile, Iceland's central bank lowered its official interest rate ...

  • European, British central banks leave rates alone 5 Nov 2009 13:50 GMT
    ... lending efforts that have been giving commercial banks more ready cash during the financial crisis. ... pumped extra money into their economies and banking systems since the crisis began to bite ... the ECB's version of quantitative easing. Meanwhile, Iceland's central bank lowered its official interest rate ...

  • European, British central banks leave rates unchanged; Britain boosts the money supply further 5 Nov 2009 13:59 GMT
    ... lending efforts that have been giving commercial banks more ready cash during the financial crisis. ... pumped extra money into their economies and banking systemes since the crisis began to bit ... the ECB's version of quantitative easing. Meanwhile, Iceland's central bank lowered its official interest rate ...

  • European, British central banks leave rates alone 5 Nov 2009 13:53 GMT
    ... pumped extra money into their economies and banking systems since the crisis began to bite ... and putting in the hands of the banks. The idea is to encourage bank lending ... the ECB's version of quantitative easing. Meanwhile, Iceland's central bank lowered its official interest rate ...


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