The provisional opening balance sheets of the three new banks

14.11.2008

The Financial Supervisory Authority (FME) hereby publishes the opening balance sheets for New Glitnir Bank hf., New Kaupthing Bank hf. and NBI hf. These contain provisional figures which are subject to a revaluation which has already commenced. The outcome of the revaluation should be available within 90 days of the decision of the FME on the division of the old banks which was taken in October of this year. In this regard, the news item published on 11 November 2008 on the opening balance sheets of the banks is referred to. The opening balance sheets of the banks can be accessed here.


The Boards of the three new banks are responsible for the their operations and information on their finances and operations, as is the case for other financial undertakings. The new commercial banks can provide further information on the provisional opening balance sheets.

 

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