Agricultural Bank of Iceland | |
Successor: | Kaupþing-Búnaðarbanki |
Foundation: | 1 July 1930 |
Defunct: | 2003 |
Fate: | Merged with Kaupthing Bank |
Industry: | Banking |
Owner: | 45.8% Icelandic Government |
Homepage: | http://www.bi.is |
The Agricultural Bank of Iceland (Icelandic: Búnaðarbanki Íslands, or simply Búnaðarbankinn) was an Icelandic bank. It was promulgated by the Icelandic Parliament in 1929 and started operation a year later. In 2002 it was privatized and merged with Kaupthing Bank the following year.[1]