Arion Bank

 (3.9; 14 ratings)
3.9 14
Business Focus
universal banking

Arion Bank is an Icelandic universal bank providing retail, corporate and investment banking products and services to individuals and business entities.

Bank Category

Commercial banks

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Ways to Bank

Arion Bank delivers its products and services through both direct and indirect channels, namely:
online banking
mobile app


Total Assets of Arion Bank
Annual_profit of Arion Bank
Market Share of Arion Bank
Total Assets (2019)
1,081.86 bln ISK  (-7.08%)
Annual Profit (2019)
1,100.00 mln ISK  (-85.86%)

Arion Bank is the 3rd largest bank in Iceland in terms of total assets. In 2019 its total assets were 1 081,86 bln ISK, providing the bank with the market share of 28.18%. Arion Bank is the 3rd largest commercial bank in Iceland (out of 4 commercial banks) having market share of 28.37% amongst the banks of this category. In 2019 the bank's annual profit was 1 100,00 mln ISK.

Deposit Guarantee

Protected Amount
up to 1,700,000 ISK
Guarantee Fund
Icelandic Depositors’ and Investors’ Guarantee Fund (TIF)
Covered Depositors
natural persons
Covered Accounts
any credit balance

Arion Bank participates in the deposit guarantee scheme of Iceland. This deposit guarantee scheme applies to any credit balance made by natural persons and covers up to up to 1,700,000 ISK per bank per depositor. Arion Bank is a member of Icelandic Depositors’ and Investors’ Guarantee Fund (TIF) and makes its contributions into it.


Borgartúni 19, 105, Reykjavík, Iceland
+354 444 6000

Arion Bank is headquartered in Reykjavík.

Social Networks

Arion Bank has profiles at the following social networks:

Bank Identifiers

Company Number

Bank Supervision

Supervised By
Central Bank of Iceland

Arion Bank is authorized and supervised by the Central Bank of Iceland.

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