trending Market Intelligence /marketintelligence/en/news-insights/trending/qxsZRMBQSjUUzviRGbdnpw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Regulators approve sale of majority stake in BankNordik's insurance unit to Arion banki

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing


Regulators approve sale of majority stake in BankNordik's insurance unit to Arion banki

's sale of a in insurance firmVørður to Arion banki hf.received all required regulatory approvals, including from the IcelandicCompetition Authority.

The transaction isexpected to be completed within two or three weeks' time.

Faroe Islands-basedBankNordik expects its group total capital to improve by at least 100 millionDanish kroner from the sale, while a capital relief of about 200 million kroneris anticipated from the winding up of the corporate banking activities inDenmark.