Published: 2019-02-13 21:11:44 CET
Íslandsbanki hf.
Annual Financial Report

Publication of 2018 Annual Report and Pillar 3 Report

Íslandsbanki has published an Annual Report and Pillar 3 Report for 2018.

Annual Report

This year’s Annual Report contains various information about the Bank's operations during the year. Special emphasis is on the digital strides made by the Bank during the year which has resulted in even better service for the Bank's customers. Business achievements by the Bank's three business divisions and Íslandssjóðir are highlighted as well as the Bank's commitment to corporate social responsibility and to the UN Sustainable Development Goals. The Report is in English and Icelandic and it is also featured on Íslandsbanki's new website:

Pillar 3 Report

Íslandsbanki's Pillar 3 Report contains information on risk management, risk measurement, material risk exposures, capital adequacy and liquidity adequacy, in accordance with Icelandic law and European regulation. The Report provides market participants and other stakeholders with information that facilitates a better understanding of the Bank's risk profile and capital adequacy. The Report is in English.

The aforementioned information along with other financial information can be found here:

For further information:

Head of Investor Relations – Gunnar Magnusson,,  tel. +354 440 4665

Head of Communications - Edda Hermannsdottir, tel. +354 440 4005.

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About Íslandsbanki
A leader in financial services in Iceland, Íslandsbanki is a universal bank with total assets of ISK 1,130bn and a 25% - 50% market share across all domestic business segments. Building on over 140 years of servicing key industries, Íslandsbanki has developed specific expertise in tourism, seafood and energy related industries. Driven by the vision to be #1 for service, Íslandsbanki’s relationship banking business model is propelled by three business divisions that manage and build relationships with the Bank’ s customers. Íslandsbanki has developed a wide range of online services such as the Íslandsbanki and Kass apps, enabling customers to do their banking whenever and wherever. At the same time, the Bank continues to operate the most efficient branch network in Iceland through its strategically located 14 branches. For the sixth consecutive year, Íslandsbanki led the Icelandic Customer Satisfactory Index for banks in 2018 and was also named Best Bank of Iceland in 2018 by Euromoney. Íslandsbanki has a BBB+/A-2 rating from S&P Global Ratings.
This press release may contain “forward-looking statements,” involving uncertainty and risks that could cause actual results to differ materially from results expressed or implied by the statements. Íslandsbanki hf. undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. It is the investor's responsibility to not place undue reliance on these forward-looking statements which only reflect the date of this press release. Forward-looking statements should not be considered as guarantees or predictions of future events and all forward-looking statements are qualified in their entirety by this cautionary statement.