In total, there are 8 commercial banks operating in Iceland.

The Central Bank of Iceland

Arion Bank

Arion Bank is a leading Icelandic bank offering universal financial services to companies, institutional investors and individuals. These services include corporate and retail banking, investment banking, capital markets services, treasury services, asset management and comprehensive wealth management for private banking clients. Arion bank has solely operations in Iceland.

Reykjavík | Update: 2019-08-28 | ID: 1347

Kvika Bank

Kvika banki hf. (English Kvika Bank, formerly MP Bank) is a specialized investment bank that provides asset management and investment banking services in Iceland and the United Kingdom.

Reykjavik | Update: 2019-07-15 | ID: 2593


Landsbanki (NBI hf, Landsbankinn), is an international Icelandic bank. Building on its strong foundation in Iceland, Landsbanki has successfully extended its financial operations into new markets, focusing on serving mid-cap corporates in Europe in a transactional setting. On October 7, 2008, the Icelandic Financial Supervisory Authority took control of Landsbanki.

Reykjavik | Update: 2019-07-14 | ID: 842

Straumur Investment Bank

Straumur Investment Bank hf. (formerly Straumur-Burdaras Investment Bank) is an independent investment bank in Iceland. The bank focuses on general investment banking and offers services to domestic and foreign clients. Total assets: ISK 15 billion (as of December 31, 2012).

Reykjavik | Update: 2014-02-21 | ID: 1299

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