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Íslandsbanki (Bank of Iceland) is one of the three major commercial banks of Iceland. It was created by the state-directed merger of the country's three privately held banks - Alþýðubanki (Union Bank), Verzlunarbanki (Bank of Commerce) and Iðnaðarbanki (The Industrial Bank) - and one failing publicly held bank - Útvegsbanki (Fisheries Bank) - to form Íslandsbanki in 1990. At the time, Íslandsbanki was the only major privately held commercial bank in Iceland. It was publicly listed on Kauphöll Íslands, the Iceland Stock Exchange, in 1993. Íslandsbanki subsequently merged with FBA - The Icelandic Investment Bank in 2000. In 2004 Íslandsbanki acquired the Norwegian bank, Kredittbanken.
External links
- Official Home Page (Icelandic) - http://www.isb.is/
- Official Home Page (English) - http://www.isb.is/english