News

18.08.2008

ASG acquire the Alaskan Pollock assets of Yardarm Knot, Inc

Glitnir advised Seattle-based American Seafoods Group ("ASG") on the acquisition of the Alaskan Pollock assets of Yardarm Knot, Inc.  Both ASG and Yardarm Knot operate in the U.S. Bering Sea.

16.08.2008

Public-to-private transaction of Clearwater Seafoods Income Fund

Glitnir has provided a suite of services to Halifax-based Clearwater Fine Foods, Inc ("CFFI") and its partners in their offer to take-private Toronto Stock Exchange listed Clearwater Seafoods Income Fund (the "Fund"), the controlling entity of Clearwater Seafoods Limited Partnership .

25.07.2008

Glitnir Bank announces financial results for Q2 2008

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).

14.07.2008

Geothermal Energy on the Agenda in New York

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.

30.06.2008

Save&Save - Glitnir launches a new international deposit product

Nobel Peace Prize laureate Dr. Rajendra Pachauri joins the Board of Glitnir's Sustainable Future Fund.

Glitnir Bank has announced the launch of "Save&Save", a unique deposit product which the Bank will offer to customers in its two main markets of Iceland and Norway.

04.06.2008

Glitnir being recognized for its Geothermal Energy Activities

Glitnir Bank made 2nd place for the “Sustainable Deal of the Year” at Financial Times Sustainable Banking awards, which were presented at an award ceremony in London Tuesday evening. Among speakers was the Mayor of London, Boris Johnson and Barcleys Chairman, Marcus Agius.

28.05.2008

Equilibrium reached in two-year stagnation period

Glitnir Research’s macroeconomic forecast 
A two-year period of stagnation has begun in the Icelandic economy, a period when the economy will reach equilibrium after rapid economic growth and overheating in recent years. We forecast negligible economic growth this year and next year as inflation subsides and the current account deficit narrows.

14.05.2008

Glitnir aligns its operation to a changed market environment

Organisational layoffs in Iceland completed.

14.05.2008

New members to Executive Management Board

Glitnir has appointed six key managers to the Bank's Executive Management Board.

14.05.2008

Successful covered bond issue in Norway

Glitnir Bank ASA issues covered bonds for NOK 7 billion (approximately EUR 900m) in the Norwegian Market