Glitnir Bank's creditors are to acquire 95% of Íslandsbanki's share capital. A 5% stake will remain in state ownership. This decision, announced on 15 October 2010, serves to strengthen Íslandsbanki's position and reinforce its co-operation with foreign financial institutions.
Our customers will have continued access to the solutions currently on offer from the bank and the government. The financial wellbeing of Icelandic households and businesses, as well as the country's general economic recovery as soon as possible, is in the interest of the bank and its owners.
Íslandsbanki's new ownership represents an important step forward in rebuilding Iceland's financial system.
Vietnam's shrimp exports reached over 686 million USD in Q1/2024 Viet Nam
In March 2024, shrimp exports reached nearly 272 million USD, up 3% over the same period last year. Although the growth rate is still modest, this shows that purchasing power from the markets is recov...
Spanish Fishing Consortia Impact Artisanal Fishing in Central America Nicaragua
The following is an excerpt from an article published by IPS-Inter Press Service:
Spanish transnational fishing companies, especially in Nicaragua, El Salvador and Guatemala, have aimed to exploit ec...
The Norwegian Pelagic Fishing Course in Week 17 Norway
Good week for blue whiting in the Faroese zone, but still poor for the sandeel
Blue whiting:
Last week, 19,499 tonnes of coal mullet were registered from 19 different boats. The fishing has ...
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