From Iceland — Ten Percent Of Icelanders Buy A Bank
Summary by The Reykjavik Grapevine
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From Iceland — Ten Percent Of Icelanders Buy A Bank
We’re buying bank shares like it’s 2007 The Icelandic state just sold its remaining shares in Icelandic bank Íslandsbanki, a bank it was forced to take over in 2008 when Iceland’s economy collapsed. In 2021 and 2022, Katrín Jakobsdóttir’s government sold 35 percent and 22.5 percent of its shares, respectively. The latter sale was contested after the publication of the list of buyers, which included the father of former financial minister Bjarn…
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