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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