Føroya Banki (Public, LI:0IG4) is a leading bank on the Faroe Islands serving corporate, institutional and personal customers with a high quality service portfolio comparable to that of other Nordic banks.
Føroya Banki has a network of 10 branches on the Faroe Islands with its Head Office in the Capital Tórshavn, ensuring close relations with all its personal and corporate customers.
Føroya Banki operates three principal business units:
Personal Banking: Føroya Banki is a full-service bank with an extensive range of products and services offered to domestic personal customers through its nationwide branch network.
Corporate Banking: Føroya Banki offers a wide range of corporate banking services including advice and assistance in connection with financing, cash management, currency transactions, investments, mergers and acquisitions as well as numerous other services required by businesses.
Markets & Treasury: Føroya Banki offers a range of services within the field of investments and asset management for institutional, corporate and personal customers. Markets & Treasury also provides services to other departments within the Bank.
Other Activities
In addition to its banking activities, Føroya Banki owns and operates the second largest non-life insurance company on the Faroe Islands, named P/F Trygd.
In November 2006, Føroya Banki established its own real estate broker, Skyn.
Southwest Atlantic Squid Index: Illex Squid (Illex Argentinus) China
In order to continuously enhance the ability to control squid resources and price influence, and conduct more accurate resource assessment and forecasting, the China Ocean Fisheries Association&n...
The Norwegian Pelagic Fishing Course in Week 17 Norway
Good week for blue whiting in the Faroese zone, but still poor for the sandeel
Blue whiting:
Last week, 19,499 tonnes of coal mullet were registered from 19 different boats. The fishing has ...
Fishing Exports Increased by 10.4% in Q1 Argentina
This increase can be largely explained by the significant increase in squid sales compared to the same period last year, something that could change starting in April due to high competition from the ...