Euromoney has named Íslandsbanki “Best Bank in Iceland” for the third time in a row

10.07.2015

Euromoney has named Íslandsbanki Best Bank in Iceland in 2014 and awarded it with the Awards for Excellence. This is the third time in a row that the magazine has chosen Íslandsbanki for this award. Annually Euromoney awards the best banks in nearly 100 countries.

The magazine considered several factors in its assessment of the Icelandic banks, including earnings from regular operations, cost efficiency and the ability to adapt to changing market conditions and client needs. 

Customer satisfaction is the key

Íslandsbanki‘s earnings from regular operations increased by 21% in 2014 year on year at the same time administrative cost was reduced by over 10%. Customer satisfaction measures high which reflects Íslandsbanki vision to be #1 for service and the Bank has ranked first among Icelandic banks in the customer satisfaction index for the last two years. 

The Bank has ambitious strategic themes for the next 3-5 year with focus on organic growth, service excellence, channel strategy, cost reduction and social responsibility. Íslandsbanki‘s vision echoes its decision-making and corporate culture. 

Birna Einarsdóttir, CEO:

"We are proud to be named ‘The Best Bank in Iceland’ by Euromoney for the third year in a row – an achievement only made possible by Íslandsbanki’s dedicated team of 1000 employees. This recognition highlights the outstanding work that has been done in the Bank over the last years and how effective goal setting can deliver great results. We have shown that we can grow in the Icelandic market at the same time as we reduce cost.”

Older news

Íslandsbanki issues EUR 300m bond and announces partial buyback of its 2020 EUR 500m bond

04.04.2019 - IR Releases
Íslandsbanki has today issued a EUR 300m 1.125% fixed rate senior unsecured bond for 3 years, at a spread of 130 basis points over mid-swaps.More

Annual General Meeting 2019 - agenda, candidates and proposals

19.03.2019
The Annual General Meeting of Íslandsbanki hf. will be held on March 21, 2019 at the Bank's headquarters, Hagasmári 3, 201 Kópavogur at 15:00.More

Publication of 2018 Annual Report and Pillar 3 Report

13.02.2019 - IR Releases
Íslandsbanki has published an Annual Report and Pillar 3 Report for 2018. More

Annual Results 2018

13.02.2019 - IR Releases
The Bank and Íslandssjóðir turned in a good operating performance during the year, with a consolidated profit of ISK 10.6bn, while operational...More

Publication of 2018 year-end results

30.01.2019 - IR Releases
Close of business Wednesday, 13 February 2019More

Íslandsbanki to terminate credit rating contract with Fitch Ratings

30.01.2019 - IR Releases
Íslandsbanki informs that following expiration and by agreement of parties, the credit rating service contract between Fitch Ratings and Íslandsbanki...More

Ásmundur Tryggvason to direct Corporate and Investment Banking

23.01.2019
Ásmundur Tryggvason has been engaged as director of Corporate and Investment Banking at Íslandsbanki. He replaces Vilhelm Már Þorsteinsson, who will...More
Netspjall