Iceland’s Byr Savings Bank Requests Help from State

Iceland’s Byr Savings Bank Requests Help from State Iceland Review

The board of Byr savings bank plans this week to request an almost ISK 11 billion bailout from the state treasury following its ISK 29 billion loss posted in 2008 on the basis of the emergency law passed last year.
The board of Byr savings bank plans this week to request an almost ISK 11 billion bailout from the state treasury following its ISK 29 billion loss posted in 2008 on the basis of the emergency law passed last year.

This entry was posted on Tuesday, March 17th, 2009 at 11:40 am and is filed under Iceland. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Wicelandic Post