By becoming a member of the Exchange, Íslandsbanki-FBA aims to provide its clients with direct access to Danish investment opportunities, offering increased specialisation and hands-on knowledge of the market. At the same time Íslandsbanki-FBA offers Danish investors a gateway to the Icelandic securities market.
Íslandsbanki-FBA is a leading Icelandic financial service provider, with a market share of 20 per cent to 45 per cent in securities, foreign exchange markets, corporate finance, asset management and retail banking.
Íslandsbanki-FBA holds a 25 per cent interest in Basisbank of Denmark, which last September successfully launched an online-only banking service www.basisbank.dk in Denmark.
Commenting on Íslandsbanki-FBA's membership, Vice President Claus Thorball, Trading, said: "Íslandsbanki-FBA has been impressively quick to make the necessary arrangements, and they are now ready to commence trading less than two months after they filed the application for membership."
For further information on Íslandsbanki-FBA, please visit www.isfba.com.
