EIK Banki

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Eik Banki P/F is a bank in the Faroe Island. The bank was established in 1832 as a savings bank. In 1992 it was transferred into a guarantor savings bank, and in 2002, it was converted to a public liability company (plc.). On 11. July 2007, it was listed on the Icelandic and Danish stock exchanges.

Eik Banki's main business is in the Faroe Islands and in Denmark. In the Faroe Islands Eik Banki has retail, corporate and investment banking activities and it also owns the leading faroese real estate brokerage company, Inni P/F.

In Denmark, Eik Banki has a subsidiary bank, Eik Bank Danmark A/S. In 2007, Eik Bank Danmark acquired the Swedish Skandiabanken branch in Denmark. Skandiabanken is the leading danish internet bank in Denmark, with appr. 120 thousands customers and a 24:7:365 service. Skandiabanken was merged into Eik Bank Danmark in december 2007.

Major figures 2007, DKK: Profit before taxes: 465 million, Profit after taxes: 393 million, Balance, 31. December 2007: 21.7 billion, Equity, 31. december 2007: 2.1 billion

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