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Arion Bank

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Arion Banki hf.
Company typeHlutafélag
OMXARION
ISINUS9497461015
IndustryBanking
Predecessors
FoundedJuly 1, 1930 (94 years ago) (1930-07-01) in Reykjavík, Iceland (as Búnaðarbanki Íslands)
April 2003 (as KB Banki)
October 18, 2008 (as Arion Banki)
HeadquartersReykjavík, Iceland
Number of locations
Area served
Iceland
Key people
Benedikt Gíslason
(CEO)
Brynjólfur Bjarnason
(Chairman)
ProductsConsumer banking, corporate banking, mortgage loans, private banking, private equity, wealth management, credit cards
RevenueIncrease ISK 50.764 billion (2020)[1]
Increase ISK 26.323 billion (2020)[1]
Increase ISK 12.469 billion (2020)[1]
Total assetsIncrease ISK 1.172 trillion (2020)[1]
Total equityDecrease ISK 197.845 billion (2020)[1]
Number of employees
776 (End of 2020)[1]
Subsidiaries
  • Vörður Insurance
  • Stefnir Asset Management
Websitewww.arionbanki.is

Arion Banki hf. (formerly Nýja Kaupþing hf or New Kaupthing) is an Icelandic bank. The bank works in the Greater Reykjavík area as well as in the largest urban areas around the country. In 2016 the bank had the third largest market share of the current accounts in Iceland.[2] The Bank has 13 branches all over the country.[3]

References

[change | change source]
  1. 1.0 1.1 1.2 1.3 1.4 1.5 "Annual Report 2020" (PDF). Arion Bank. 31 December 2020. Retrieved 10 January 2021.
  2. Ten facts of Icelandic banks. "Tíu staðreyndir um íslensku bankana", Kjarninn, Reykjavík, 4 March 2016. Retrieved on 14 February 2018.
  3. Guðlaugs Drífudóttir, Elsa María. "No bank in Blönduós when Arion closes in May (in Icelandic)". ruv.is. RÚV. Retrieved 10 September 2023.