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

Ways to Bank

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

Financials

Total Assets of Arion Bank
Annual_profit of Arion Bank
Market Share of Arion Bank
Total Assets (2018)
1,164.33 bln ISK  (+1.44%)
Annual Profit (2018)
7,777.00 mln ISK  (-46.06%)

Arion Bank is the 2nd largest bank in Iceland in terms of total assets. In 2018 its total assets were 1 164,33 bln ISK, providing the bank with the market share of 31.17%. Arion Bank is the 2nd largest commercial bank in Iceland (out of 4 commercial banks) having market share of 31.39% amongst the banks of this category. In 2018 the bank's annual profit was 7 777,00 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.

Contacts

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

Arion Bank is headquartered in Reykjavík.

Bank Identifiers

BIC (SWIFT)
ESJAISRE
LEI
RIL4VBPDB0M7Z3KXSF19
Company Number
581008-0150

Bank Supervision

Supervised By
Central Bank of Iceland

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

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