Íslandsbanki is committed to the highest standards of corporate governance and ethical conduct. A comprehensive range of policies and systems are in place to ensure that the Bank is managed in an orderly manner, with effective oversight and control.
Chief Executive’s review
We are making great strides towards building the Bank we have been aspiring to. It was therefore immensely satisfying when it was announced that Íslandsbanki was the highest-ranking bank in the Icelandic Customer Satisfaction Index for the third year running.
Of the Bank’s net profit, ISK 16.2bn is profit from regular operations
Net fee and commission income increased by 14.7% in 2015, or 29% of net operating income
ROE from regular operations was 13.2% (based on 14% CET1) in 2015
Íslandsbanki continues to operate the most efficient branch network in Iceland after merging two branches in 2015
More than 2,200 new mortgages were granted in 2015
Íslandsbanki has been ranked the #1 bank in the Icelandic Customer Satisfaction Survey for three years running
Íslandsbanki’s Annual Report 2015, together with the Consolidated Financial Statements and Pillar 3 Report, provide an extensive overview of the Bank‘s operations and business activities over the year.
The reports are available in a PDF format.In addition, all investor material, including the press release, fact sheet, fact book and video, is available on the IR website under financials.