Central Bank of Iceland


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Central Bank of Iceland

The supreme monetary authority in Iceland. It is responsible for issuing the Icelandic kronur and for setting target inflation rates. While it is expected to follow the government's lead in many areas, it remains an independent agency. It was established in 1961.
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The central bank of Iceland has said that it has kept its interest rate steady.
The Central Bank of Iceland (CBI) has chosen SIA to implement and support the new real-time gross settlement system (RTGS) and the new instant payment platform.
The Central Bank of Iceland (CBI) has chosen SIA - European hi-tech company, in payment infrastructures and services - to implement and support the new real-time gross settlement system (RTGS) and the new instant payment platform, the company said.
The Central Bank of Iceland and the Financial Supervisory Authority of Iceland provide valuable information on the evolution of the Icelandic banking system.
Ossur hf (CPH:OSSR) (ICE:OSSRU) announced on Wednesday the receipt of a confirmation from the Central Bank of Iceland that from 14 March 2017, when the Icelandic Rules on Foreign Exchange No.
In a series of transactions, which are dependent upon approval from the Central Bank of Iceland, the group shareholdings will be restructured and DPG will assume a controlling share in the Norway, Sweden and Iceland Domino's businesses ahead of schedule.
European banks bought kronur from Icelandic banks, which the latter got from the Central Bank of Iceland.
Contract notice: 20087 Hybrid Real-Time Gross Settlement System for Central Bank of Iceland.
11) Data for Iceland are extracted from Central Bank of Iceland (2012); data for Hungary are from the Hungarian Central Statistical office (https://www.
As the Central Bank of Iceland lacked the ability to inflate any currency other than the domestic krona, its banking system heavily indebted in foreign liabilities (primarily Japanese Yen and Swiss Francs) quickly succumbed to insolvency.
When the Central Bank of Iceland (CBI) floated the krona in March 2001, it also adopted an inflation-targeting regime.
The Central Bank of Iceland (CBI) enforced the adoption of enhanced security standards and compliance with Europay MasterCard Visa (EMV) requirements, in accordance with European Union (EU) guidelines.

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