Agricultural Bank of Iceland

Agricultural Bank of Iceland
Industry Banking
Fate Merged with Kaupthing Bank
Successor Kaupþing-Búnaðarbanki
Founded 1 July 1930
Defunct 2003
Headquarters Reykjavík, Iceland
Owner 45.8% Icelandic Government
Website http://www.bi.is

The Agricultural Bank of Iceland (Icelandic: Búnaðarbanki Íslands, or simply Búnaðarbankinn) was an Icelandic bank. It was founded by the Icelandic Parliament in 1929 and started operation a year later. In 2002 it was privatized and merged with Kaupthing Bank the following year.[1]

References

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