Sparisjóður Vestmannaeyja

Business Focus

retail banking

On March 29, 2015 Sparisjóður Vestmannaeyja was merged with Landsbankinn hf. according to the decision of FME.

Bank Category

Savings banks

Ways to Bank

Sparisjóður Vestmannaeyja delivered its products and services through both direct and indirect channels, namely:
online banking


Total Assets of Sparisjóður Vestmannaeyja
Annual_profit of Sparisjóður Vestmannaeyja
Total Assets (2014)
12,285.26 mln ISK  (-6.80%)
Annual Profit (2014)
-957,423,000.00 ISK  (+999.55%)

In 2014 total assets of Sparisjóður Vestmannaeyja were 12 285,26 mln ISK. In 2014 the bank's annual profit was -957,42 mln ISK.

Deposit Guarantee

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

Sparisjóður Vestmannaeyja 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. Sparisjóður Vestmannaeyja is a member of Icelandic Depositors’ and Investors’ Guarantee Fund (TIF) and makes its contributions into it.


Bárustíg 15, 900, Vestmannaeyjar, Iceland

Sparisjóður Vestmannaeyja was located in Vestmannaeyjar.

Bank Identifiers

Company Number

Bank Supervision

Supervised By
Central Bank of Iceland

Sparisjóður Vestmannaeyja was authorized and supervised by the Central Bank of Iceland.

Bank History

Close Date
29 March 2015