FrÚttir

  • The Disctrict Court in Reykjavik has ruled and rejected claims that were made for guaranteed capital.
  • As a part of the Winding-up proceedings, the Winding-up Board reviewed whether any bonds issued by BYR or its predecessors had been redeemed prior to maturity.
  • With Act no. 155/2010 on Special Tax on Financial Institutions, a new tax was introduced with the purpose of funding cost that the Icelandic Government had incurred due to the collapse of the Icelandic financial system and to reduce its risk seeking.

Byr Savings Bank

Byr Sparisjóður is mainly founded on the merger of four Icelandic savings banks:
  • Sparisjóður Vélstjóra
  • Sparisjóður Hafnarfjarðar
  • Sparisjóður Kópavogs
  • Sparisjóður Norðlendinga
 
Sparisjóður Vélstjóra and Sparisjóður Hafnarfjarðar merged on 1 December 2006 to form Byr Sparisjóður.
  • Sparisjóður Vélstjóra was founded in 1961.
  • Sparisjóður Hafnarfjarðar was founded in 1902 on the grounds of Sparisjóður Álftaneshrepps founded in 1875.
 
Sparisjóður Kópavogs merged with Byr Sparisjóður on 1 November 2007.
  • Sparisjóður Kópavogs was founded in 1954.
 
Sparisjóður Norðlendinga merged with Byr Sparisjóður on 1 April 2008.
  • Sparisjóður Norðlendinga was founded in 2007 when two savings banks merged, Sparisjóður Akureyrar og Arnarneshrepps and Sparisjóður Glæsibæjarhrepps.
  • Sparisjóður Akureyrar, founded in 1932, and Sparisjóður Arnarneshrepps, founded in 1884, merged in 1988 to form Sparisjóð Akureyrar og Arnarneshrepps.
  • Sparisjóður Glæsibæjarhrepps was founded in 1908.