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About 35 results for "kronurs"

Icelandic Retirement Savings Threatened as Bubble Risk Grows
BusinessWeek

Icelandic Retirement Savings Threatened as Risk of Bubbles Grows

Iceland's 2.7 trillion kronur ($22.7 billion) of pensions are under threat by capital controls that risk generating bubbles in both equity and bond markets, the second-largest manager of retirement money said. Were seriously concerned that ... Bloomberg, 2 months ago
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Faroe Islands Krona - no ISO code

The Faroe Islands use the Faroese krona as their daily currency. However the Danish krone is also used there and in reality the Faroese version is not a proper currency. Instead it is merely another version of the Danish krone. What coins and ...
 Currency Converter1 week ago
BusinessWeek

Iceland Nears Capital Control Plan to Free Bank Creditors

Iceland took another step toward easing capital controls in a move that will free creditors in its failed banks as the government moves ahead with a mortgage debt relief program. It's a "personal goal" to introduce a capital control plan before ...
 BusinessWeek2 weeks ago

Iceland Expects Capital Controls Plan to Be Ready Next Month

PM Nov. 11 (Bloomberg) -- Iceland government is targeting to have a plan to ease capital controls ready next month after it delivered on a key election pledge to write down debt for struggling households. Hammering out a plan could happen as ...
 La Repubblica2 weeks ago

Gudmundsson Says Close to Deal on Landsbankinn, LBI Accord

Advertisement Nov. 5 (Bloomberg) -- Iceland's central bank Governor Mar Gudmundsson said reaching a deal that will allow the extension of the maturities on 226 billion kronur ($1.8 billion) in bonds from Landsbankinn hf is in its final stages. ...
 GARP3 weeks ago

Reykjavik Court Acquits Landsbanki Executives in Fraud Trial

Reykjavik's District Court acquitted two former executives at Landsbanki Islands hf of suspected fraud before its collapse in 2008, according to a ruling posted on the court's website. Landsbanki's former Chief Executive Officer Sigurjon Arnason ...
 BusinessWeek1 month ago

Icelandic Bank Targets First IPO Since $85 Billion Default

Six years after Iceland's banks defaulted on $85 billion in debt and brought the Atlantic island's economy to its knees, Islandsbanki hf is seeking to sell shares to international investors. The island's second-largest bank, formed from the ...
 Bloomberg1 month ago
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Hedge Funds Stuck in Failed Iceland Banks Closer to Pay Date

Hedge funds caught in Iceland's $85 billion banking failure may be closer to getting repaid. The administrators overseeing claims against bankrupt lender Glitnir Bank hf say there are signs recent talks with a government committee will make it ...
 BusinessWeek2 months ago Hedge Funds Caught in Iceland's Failed Banks Closer to Pay Date  Bloomberg2 months ago
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