Faroe Islands
Kaupthing Bank has sold its operation in the Faroe Islands to Eik Banki P/F. Eik Banki will take over Kaupthing's Faroese operation on 31 December 2007.
Further information:
Kaupthing Bank offers comprehensive commercial and investment banking services to individuals, companies and institutional investors. The Bank is a leading player in all the main areas of the Icelandic financial market, and in addition to Iceland, the Bank's key markets are Denmark and the United Kingdom.
The Bank focuses on the growth and development of its international activities and aims to be one of the leading investment banks in northern Europe. As of 30 June 2008 the number of full-time equivalent positions was 3,207 at Kaupthing Bank and its subsidiaries.
Kaupthing´s shares are listed on the OMX Nordic Exchange in Iceland and Stockholm.
For further information about Kaupthing Bank:
Kaupthing Bank has sold its operation in the Faroe Islands to Eik Banki P/F. Eik Banki will take over Kaupthing's Faroese operation on 31 December 2007.
Further information: