Akureyri Valhalla Bank to Open “Branch” in Reykjavík Skip to content

Akureyri Valhalla Bank to Open “Branch” in Reykjavík

The art project Valhalla Bank was launched in Akureyri, north Iceland, earlier this month, staging various performances. The initiative was well-received among the townspeople and now the organizers are planning to bring the project to the capital.

“We wanted to do something constructive and entertaining in the crisis,” Jóhanna Vala Höskuldsdóttir, one of the project’s organizers, told Morgunbladid. She was studying at the Royal Scottish Academy of Music and Drama when the crisis hit and was forced to return to Iceland due to lack of money.

Höskuldsdóttir said people from all walks of life had participated in the project. “We didn’t want to reserve it for the unemployed only but invited everyone who was interested to participate, artists and art enthusiasts, carpenters […], the mentally disabled… whoever.”

By coincidence the project became a “bank” because the group was offered to use the facilities of a defunct branch of a bank in Glerártorg shopping mall.

Höskuldsdóttir teamed up with Adalbjörg Árnadóttir and Eva Rún Snorradóttir from the Iceland Academy of the Arts and together they organized the project with the help of approximately 100 people.

A number of people came to watch the performances, which took place at Glerártorg and Allinn restaurant where people were provided with financial advice and advice on how to make slátur (blood and liver pudding), rhymesters performed and guests were invited to register for a beauty pageant for the unemployed.

The project has received positive reviews and now Höskuldsdóttir is hoping that Valhalla Bank can become part of the 2009 Reykjavík Culture Night.

Click here to read more about Valhalla Bank.

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