Íslandsbanki has been recognised as exemplary in Good Corporate Governance
The recognition in good corporate governance was granted following a formal evaluation process. The Chamber of Commerce, Confederation of Icelandic Employers, Nasdaq OMX Iceland hf. and Centre for Corporate Governance at the University of Iceland teamed up to promote good corporate governance among Icelandic companies.
The institute bases its assessment mainly on whether the data indicates that the company follows the guidelines on Corporate Governance issued by the Chamber of Commerce, SA-Confederation of Icelandic Employers and NASDAQ OMX Iceland hf. The companies that pass the evaluation of the above criteria, are considered as model companies in corporate governance. The objective is the evaluation process besides credibility and transparency of corporate governance to shareholders and other stakeholders.