kb banki

KB Banki, formerly Kauping Bnaarbanki (Kaupthing Agricultural Bank), is one of three major commercial banks in Iceland and the largest bank overall in the country. It was formed by the merger of Kauping Bank and Bnaarbanki slands in 2003. Founded in 1930 Bnaarbanki slands was publicly owned from its inception and was privatized by the government in stages between 1998 and 2003. Kauping Bank was founded in 1982. Four years later, it was one of the founding members of the Kauphll slands, the Iceland Stock Market. Half of the bank was sold to the Icelandic savings banks in 1986. The other half was sold to Bnaarbanki slands in 1990, which sold its shares to the savings banks in 1996. The savings banks began selling its shares to the public on the stock market in 2000. Kauping Bnaarbanki currently operates in ten countries, employing 1,250 people. It maintains 36 branches across Iceland.

External links

Official Website (Icelandic) - http://www.kbbanki.is
Official Website (English) - http://www.kaupthing.net

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