Agricultural Bank of Iceland

The Agricultural Bank of Iceland (Icelandic: Búnaðarbanki Íslands, or simply Búnaðarbankinn) was an Icelandic bank. It was promulgated 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]

Agricultural Bank of Iceland
IndustryBanking
Founded1 July 1930
Defunct2003
FateMerged with Kaupthing Bank
SuccessorKaupþing-Búnaðarbanki
HeadquartersReykjavík, Iceland
Owner45.8% Icelandic Government
Websitehttp://www.bi.is

ReferencesEdit