About Arion Bank
Arion Bank and its subsidiaries provide comprehensive financial services to the people of Iceland. Arion Bank’s role is to help those who want to achieve success in Iceland and the Arctic through smart and reliable financial solutions which enhance financial health and create sustainable value. Arion Bank places great importance on developing long-term relationships with its clients and is a market leader as a provider of cutting-edge and modern banking services.
Arion Bank provides services to individuals, corporates and investors in three business segments: Retail Banking, Corporate & Investment Banking, and Markets. The service offering is further augmented by the subsidiaries Stefnir and Vörður. Stefnir is one of the largest fund management companies in Iceland, and Vörður is the fastest growing insurance company in Iceland, providing non-life and life insurance. The Bank also offers pension services and manages several pensions funds.
The diverse service offering creates a broad revenue base, and the loan portfolio is well diversified between retail and corporate customers. The high percentage of mortgages and the healthy distribution of loans across different sectors contribute towards risk management.
The Bank is a market leader in terms of digital solutions and innovation, and the majority of the Bank’s services can be obtained using the Arion app. The broad spectrum of digital services makes banking more convenient for customers and also makes the business more cost efficient. The Bank is a leading service provider and advisor to corporate customers and investors and has been a key figure in reinvigorating the Icelandic stock market.
Arion Bank has adopted a clear policy on sustainable operations and environmental and climate issues. A wide range of green financial services, such as green car loans, deposits, corporate loans and mortgages, is available to its customers. Arion Bank has published a green financing framework which addresses the Bank’s funding and lending activities. The Bank has pledged to use the capital it obtains on the credit markets through the green financing framework in green loans to corporate and retail customers as defined in the framework.
Arion Bank is a financially robust bank which aspires to operate profitably in harmony with society and the environment. The Bank is committed to paying competitive dividends and is listed on Nasdaq Iceland and Nasdaq Stockholm.
Key services
Corporate customers
- Comprehensive financial and insurance services and personalized services to meet the needs of each client.
- Diverse range of investment options, financing, advisory, liquidity management, insurance, billing service and online banking.
- Comprehensive advisory services and other services to companies undergoing financial restructuring.
- Substantial part of the Bank’s assets comprises loans to companies representing the key sectors of the economy.
- Focus on personal services and gaining an in-depth understanding of what the client needs.
Markets
- Comprehensive services to investors.
- Capital Markets buys and sells securities for the Bank’s clients on the domestic and international markets.
- Asset Management invests its clients’ assets in their best interests.
- Arion Bank manages pension funds which administer both supplementary pension and mandatory pension schemes.
- Distribution of funds managed by some of the world’s biggest fund managers.
- Helps clients invest in funds managed by Stefnir, an independent financial institution owned by Arion Bank. At Stefnir clients can choose from a wide range of UCITS and alternative investment funds. Further information on Stefnir can be found on www.stefnir.is.
Retail customers
- Diverse financial services such as loans, savings advice, payment cards, pension savings and a wide range of insurance in partnership with the Bank’s subsidiary Vörður.
- Digital financial services such as online banking and the app, and personal service at our branches and via the call centre.
- Focus on convenient digital solutions and value-adding service at our branches.
- A total of 13 branches and service centres across Iceland.