Iceland's top-bank trio post high profits

Landsbanki was the last of the three banks to announce …

Landsbanki was the last of the three banks to announce their figures this week. Golli / Kjartan Þorbjörnsson

All three of Iceland's three biggest banks have posted healthy pre-tax profits for 2014. Landsbanki's figure of ISK 29.7 billion (approx. €199 million) takes the trio's total pre-tax profits to ISK 81.2 billion (approx. €544 million).

Landsbanki tops the table, followed by Arion Bank, then Íslandsbanki, with all banks exceeding the ISK 20 billion mark. Aggregate profits for the three banks are 26% up on 2013.

Related article:

Ice­landic banks post healthy prof­its

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