A Leading Icelandic Financial Institution

Landsbankinn is a leading Icelandic financial institution. Landsbankinn offers a full range of financial services and is the market leader in the Icelandic financial service sector with the largest branch network.

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Landsbankinn sells its holding in Borgun hf.

Landsbankinn has today signed an agreement to sell its 31.2% holding in Borgun hf. The sale price is ISK 2,184 million. The purchaser is a diverse group of investors along with a company owned by the management of Borgun. Borgun is a leader in the development and practical application of solutions in the field of electronic payments. These changes will not affect the customers of Borgun or its operations.

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