Íslandsbanki to move headquarters to the North Tower


At a strategy meeting of Íslandsbanki employees, held earlier today, it was announced that the Bank is planning to move its headquarters to the North Tower in Kópavogur this autumn, after 20 years at the present location in Kirkjusandur. With this change, the operations of the Bank’s headquarters, currently spread over four locations, will be united in a single facility for 650 employees. The merger will entail significant streamlining, reducing the space used for headquarters activities from 13,900 m2 to 8,600 m2 in the North Tower

For some time it has been obvious that the Bank would need to move its operations to new head offices. Íslandsbanki will continue to lead in digital services, and the new, progressive headquarters will be an element in the Bank’s development and advancement in the market. A new Íslandsbanki branch will open on the first floor of the North Tower in November, following preparatory work that has been underway for several months.

As has been reported previously, damage due to damp has been found in the Bank’s headquarters at Kirkjusandur. The building has been examined thoroughly and cleaned so as to minimise the impact on employees. The air quality in the building is monitored closely, but it is clear that extensive renovation is required. Examinations are being conducted by the engineering firm EFLU, in collaboration with Finnish consultancy firm Vahanen.

Birna Einarsdóttir, Chief Executive Officer:

“We have been waiting for a long time to be able to merge all of our headquarters operations into a single location. Because of conditions at Kirkjusandur, we are accelerating our plans, and we see excellent opportunities ahead in the new location. Íslandsbanki’s aim is to be progressive in its operations, and now, with all of us together under one roof, we will be able to offer employees and customers even better service.”


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