The Financial Supervisory Authority, Iceland grants Kreditkort an operating licence as a credit undertaking

22.2.2008

The Financial Supervisory Authority, Iceland granted Kreditkort, Ármúla 28, Reykjavík, on February 22 2008, an operating licence as a credit undertaking, according to paragraph 1, point 3 of Article 4 of Act No. 161/2002 on Financial Undertakings.

As a credit undertaking, Kreditkort is authorised to receive repayable funds from the public in the form of debt certificates, grant credit which is financed by repayable funds from the public as well as issue and handle payment cards.

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