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Kaupthing Bank (STO:KAUP) Following the extraordinary legal measures taken by the government last night, allowing the Icelandic Financial Supervisory Authority (FME ) to invervene in the operations of Icelandic financial institutions, Kaupthing would like to clarify the following:
Kaupthing has not been approached by the Icelandic FSA regarding any intervention in Kaupthing's operations. Furthermore, the Central Bank of Iceland has provided Kaupthing with a 500 million euro loan to facilitate operations, and Kaupthing is committed to working with the government to ensure regular workings of the Icelandic financial system.
For further information, please contact Jonas Sigurgeirsson, Chief Communication Officer, +354 444 6112.
About Kaupthing Bank Kaupthing Bank is a Northern European bank offering integrated financial services to companies, institutional investors and individuals. These services include corporate and retail banking, investment banking, capital markets services, treasury services, asset management and comprehensive wealth management for private banking clients.
The Bank operates in all the Nordic countries, as well as an ever-growing number of countries throughout Europe, the Middle East and the United States. www.kaupthing.com
