Mar Sigurdsson, CEO

1. What makes your country attractive to investors?

The Icelandic financial market has been flourishing, mainly due to a number of successful strategic investments made by Icelandic companies in recent years. Although northern Europe as a whole is Kaupthing’s marketplace, Iceland remains quite important as it generates around a quarter of our income.

2. What are the economic prospects for your country over the next three to five years?

Strong economic performance in recent years has further reinforced Iceland’s status among the world’s most prosperous countries. However, policy makers are facing a significant challenge in preventing further overheating in the economy.

3. How do you foresee the financial sector in your country changing?

Mortgage products have added a new dimension to financial services in Iceland, following Kaupthing Bank’s initiative to challenge the government’s virtual monopoly on housing financing. This has further enhanced our ability to provide complete financial solutions to households.

4. What role will your bank play in your country’s future development?

As the country’s largest bank, Kaupthing plays an important role in the Icelandic economy. It serves not only to introduce advanced financial services locally, but also to support Icelandic businesses expanding abroad.


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