Highlights of the year

Annual Report 2016

Financial statements

January

Arion Bank and Kaupthing reach funding agreement

BG12 sells its holding in Bakkavör

Arion Bank is a model company in terms of good corporate governance

Arion Bank covered bond tap issue

Standard & Poor’s revises outlook on Arion Bank’s credit rating from stable to positive

February

Arion Bank hf. covered bond tap issue

Arion Bank is main sponsor of the 2016 Real Estate Conference

Ida Brá Benediktsdóttir appointed managing director of Investment Banking at Arion Bank

Arion Bank's financial results for 2015

March

Annual General Meeting of Arion Bank 2016

Arion Bank wins national award for most successful advertising campaign

Arion Bank provides support to innovation in Icelandic schools and Junior Achievement in Iceland

April

Arion Bank issues bonds in euros

Borgarnes branch moves to new premises

Sharp increase in applications for Arion Bank's business accelerator Startup Reykjavík

Arion Bank is a sponsor of the Iceland Geothermal conference at Harpa Concert Hall

Hveragerdi branch moves to new premises

Conference at Harpa Concert Hall on Social Progress Index

May

Arion Bank will prepay Notes by USD252 million

New service for foreign tourists: “Make every króna count” with new Currency Card

Arion Bank's Q1 2016 financial results

Arion Bank opens for business at Keflavík International Airport – only provider of financial services

June

Arion Bank and Kaupthing assessing a range of strategic alternatives

Customers given new contactless debit cards

Arion Bank hosts successful FinTech hackathon

July

Euromoney selects Arion Bank as the best investment bank in Iceland

Reitun upgrades outlook on Arion Bank's credit rating from stable to positive

August

Arion Bank’s H1 2016 financial results

New and convenient way to start banking with Arion Bank online

September

New member of the Board of Directors of Arion Bank

46 employees made redundant

October

Arion Bank acquires insurance company Vördur

Conference on Lean at Arion Bank – sharing our experience

Standard & Poor’s upgrades Arion Bank’s credit rating

Well-attended meeting hosted by Arion Bank and Stefnir hf. on lifting of capital controls

November

Arion Bank’s 9M 2016 financial results

Skeljungur IPO arranged by Arion Bank was oversubscribed

Arion Bank issues bonds in euros

European Investment Fund and Arion Bank sign €107 million deal to stimulate innovation in Icelandic companies

December

Frjálsi Pension Fund nominated for award as best pension fund in Europe

Several new digital solutions launched

Credit appraisal completed in just a few minutes on Arion Bank’s website

IcelandicIS Key figures Financial documents Pillar 3 Risk Disclosures Facebook

The economic enviroment