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The important functions of the bank are as follows:
Apart from this, the central bank of Iceland takes deposits from commercial banks, savings banks, and branches of foreign deposit institutions and other institutions and companies.
The Address and Contact details of the bank is as follows:
Address: Kalkofnsvegi 1 IS-150 Reykjavík ICELAND
Phone No.: ++354-5-69 96 00
Fax: ++354-5-69 96 05
In 2009, US trucking company YRC Worldwide faced ruin as it struggled to restructure its debt. With tens of thousands of jobs at stake, the Teamsters union, led by James Hoffa, accused some YRC bondholders of sabotaging restructuring negotiations by purchasing credit default swaps (CDS) on their debt. Read more
Jeffrey D. Sachs,
Isam al Khafaji,
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