FrÚttir

  • The District Court of Reykjavik confirmed the Composition Agreement of Byr Savings Bank on 8 January 2016.
  • The District Court of Reykjavík will have a hearing on the Composition Agreement on 4 January 2016.
  • The Composition Proposal was approved by all creditors that voted, or 95% per volume and 73% per headcount.

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.