More Investors Interested in Icelandic Bank Skip to content

More Investors Interested in Icelandic Bank

There is interest in buying the 95-percent share held by claimants of Glitnir Bank in Íslandsbanki beyond Asia, ruv.is reports.

glitnir-headq_ipaGlitnir’s headquarters in Reykjavík. Photo copyright Icelandic Photo Agency.

Yesterday it was reported that an investment group from Asia has expressed interest in buying the share but there is also interest in the Nordic countries and the United States.

According to Morgunblaðið, the estimated price is ISK 115 billion (USD 970 million, EUR 726 million).

After the 2008 banking collapse, the Icelandic government transferred domestic accounts from Glitnir to state-created lender Íslandsbanki.

Related:

08.08.2013 | Asian Investors Keen on Icelandic Bank

ZR

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