Glitnir has released its financial results for the second quarter of 2008.
FINANCIAL HIGHLIGHTS
• Net profit ISK 7.6 bn. up 29,3% from Q1 08
• Record quarter for net operating income, ISK 26.9 bn., a 5% increase from ISK 25.6 bn. in Q1 08
• Return on equity 17,0% compared 15,0% in Q1 08
• Net Interest income ISK 17.8 bn. growing [...]
Popularity: 5% [?]
Nobel Peace Prize laureate Dr. Rajendra Pachauri joins the board of Glitnir’s new research fund for global environmental projects.
Nordic bank Glitnir has launched a new savings account in Norway and Iceland that is designed to help the environment.
The Save&Save account offers a high rate of interest whilst simultaneously providing capital for a new global environmental [...]
Popularity: 5% [?]
Glitnir will host the following presentations and webcasts in connection with the publication of the Group’s results for the first half of 2008.
An English version of the presentation will be available at www.glitnirbank.com on the morning of Friday August 1st from 7:30 a.m. (8:30 GMT).
Presentation in Reykjavík, Iceland and webcast
Lárus Welding, CEO will present Glitnir’s [...]
Popularity: 5% [?]
The President of Iceland, DOE Assistant Secretary Alexander Karsner, and Dan Reicher, Director of Google.org Climate Change Initiative, speaking at a Geothermal Renewable Energy Workshop organised by Glitnir and GEA.
Demonstrating the widespread support for renewable, geothermal energy, the President of Iceland as well as officials of the current Bush and former Clinton Administrations are [...]
Popularity: 9% [?]
Glitnir Research has presented a new report on the Icelandic economy entitled “Equilibrium reached in two-year stagnation period”.
Nordic Bank Glitnir has issued a report detailing the predicted future of the Icelandic economy.
“A two-year cooling off period has begun in the Icelandic economy,” it reads. “A period when the economy will reach equilibrium after rapid growth [...]
Popularity: 8% [?]