- published: 21 Oct 2022
- views: 200
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Central Bank of Iceland
The Central Bank of Iceland (Icelandic: Seðlabanki Íslands) is the central bank or reserve bank of Iceland. It has served in this capacity since 1961, when it was created by an act of the Alþingi out of the central banking department of Landsbanki Íslands, which had the sole right of note issuance since 1927 and had conducted only limited monetary policy.
Seðlabanki Íslands is owned by the Icelandic government, and is administered by a governor and a seven-member supervisory board, elected by the country's parliament following each general election. It has the sole right to issue notes and coins of Icelandic krónur and to manage the state's foreign currency reserves. The Central Bank Act of 1986 eliminated the ability of the Central Bank to regulate the interest rates of commercial banks and savings banks.
Though nominally independent, the Central Bank of Iceland was historically expected to follow the lead of the central government. In 2001, however, a floating exchange rate policy was introduced and since then the Central Bank has been empowered to adopt an inflation target and manage monetary policy so as to achieve price stability independent of the policies of the central government.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Central_Bank_of_Iceland
Central bank
A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency, which usually serves as the state's legal tender.
The primary function of a central bank is to control the nation's money supply (monetary policy), through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis. Central banks usually also have supervisory powers, intended to prevent bank runs and to reduce the risk that commercial banks and other financial institutions engage in reckless or fraudulent behavior. Central banks in most developed nations are institutionally designed to be independent from political interference. Still, limited control by the executive and legislative bodies usually exists.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Central_bank
Central Bank of the Republic of Turkey
The Central Bank of the Republic of Turkey, CBRT (Turkish: Türkiye Cumhuriyet Merkez Bankası, TCMB) is the central bank of Turkey and is founded as a joint stock company on 11 June 1930.
Shares of the CBRT are divided into four classes. Class A shares belong solely to the Turkish Treasury. Class B and Class C shares are allocated to national banks operating in Turkey, banks other than national banks and privileged companies. Finally, Class D shares are allocated to Turkish commercial institutions and to real and legal persons of Turkish nationality.
The CBRT determines, at its own discretion, the monetary policy to pursue and the policy instruments to use in achieving price stability in Turkey. This implies that the CBRT enjoys instrument independence. In order to attain its objective of price stability, the CBRT has implemented a full-fledged inflation targeting regime since 2006.
The preparations to establish a central bank of Turkey began in 1926, but the organization was established on 3 October 1931 and opened officially on 1 January 1932. The Bank had, originally, a privilege of issuing banknotes for a period of 30 years. In 1955, this privilege was extended until 1999. Finally it was prolonged indefinitely in 1994.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Central_Bank_of_the_Republic_of_Turkey
Iceland
Iceland (
i/ˈaɪslænd/; Icelandic: Ísland [ˈistlant]), also called the Republic of Iceland, is a Nordic island country between the North Atlantic and the Arctic Ocean. It has a population of 329,100 and an area of 103,000 km2 (40,000 sq mi), making it the most sparsely populated country in Europe. The capital and largest city is Reykjavík. Reykjavík and the surrounding areas in the southwest of the country are home to over two-thirds of the population. Iceland is volcanically and geologically active. The interior consists of a plateau characterised by sand and lava fields, mountains and glaciers, while many glacial rivers flow to the sea through the lowlands. Iceland is warmed by the Gulf Stream and has a temperate climate, despite a high latitude just outside the Arctic Circle. Its high latitude and marine influence still keeps summers chilly, with most of the archipelago having a tundra climate.
According to Landnámabók, the settlement of Iceland began in the year 874 when the Norwegian chieftain Ingólfr Arnarson became the first permanent settler on the island. In the following centuries, mainly Norwegians and to a smaller extent other Scandinavians settled Iceland, bringing with them thralls of Gaelic origin. From 1262 to 1814, Iceland was ruled by Norway and afterwards by Denmark. Until the 20th century, the country relied largely on fishing and agriculture. Iceland became independent in 1918 and a republic in 1944. Industrialisation of the fisheries and Marshall Plan aid following World War II brought prosperity and Iceland became one of the wealthiest and most developed nations in the world. In 1994, it became a part of the European Economic Area, which supported diversification into economic and financial services.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Iceland
Geography of Iceland
The geography of Iceland entails the geographic features of Iceland, an island country at the confluence of the North Atlantic and Arctic Oceans. Iceland is located east of Greenland and immediately south of the Arctic Circle, atop the constructive boundary of the northern Mid-Atlantic Ridge. It lies about 860 km (534 mi) from Scotland and 4,200 km (2,610 mi) from New York City. One of the world's most sparsely populated countries, the republic of Iceland's boundaries are almost completely the same as the main island – the world's 18th largest in area and possessing almost all of the country's area and population.
Iceland has extensive volcanic and geothermal activity. The rift associated with the Mid-Atlantic Ridge, which marks the division between the European and North American tectonic plates, runs across Iceland from the southwest to the northeast. This geographic feature is prominent at the Þingvellir National Park, where the promontory creates an extraordinary natural amphitheatre. The site was the home of Iceland's parliament, the Alþing, which was first convened in 930. It is a common misconception that Þingvellir are located at the juncture between the North American and Eurasian continental plates. However, they are in fact at the juncture of the North American continental plate and a smaller plate (approx. 10,000 km2) called the Hreppar Microplate (Hreppaflekinn).
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Geography_of_Iceland
Iceland (album)
Iceland is an EP released by All About Eve in 2002. It was described mainly as a winter (rather than specifically Christmas) EP, although five out of seven of the songs do contain references to Christmas or are songs particularly connected with it.
Only Melting and Cold are new All About Eve-penned songs. "Last Christmas" is a cover of the Wham! song and "A Winter's Tale" is a cover of the Queen song. The two versions of "December" are takes on the original All About Eve song (as found on their second album Scarlet and Other Stories) and Walking in the Air is a radical re-working of the song made famous as theme music to The Snowman.
This album was made (and the songs performed) by Julianne Regan and Andy Cousin only, and did not include Robin Guy or Toni Haimi, the other band members at the time.
Track listing
External links
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Iceland_(album)
Podcasts:
-
In Conversation with Ásgeir Jónsson | Central Bank of Iceland
Global Finance editor Andrea Fiano interviews Ásgeir Jónsson, Central Bank Governor of Iceland during Global Finance's World's Best Bank Awards at the National Press Club in Washington, DC on October 15th. Global Finance magazine's central banker report cards can be found here: https://www.gfmag.com/magazine/october-2022/central-banker-report-cards-2022
published: 21 Oct 2022 -
Már Guðmundsson, Governor, Central Bank of Iceland
Már Guðmundsson, Governor, Central Bank of Iceland "Iceland's Crisis and Recovery: Are There Lessons for the Eurozone and Its Member Countries?" English/Greek translation audio files may be streamed here: http://www.levyinstitute.org/news/?event=50 To view the full conference program or to download a speaker's presentation, click here: http://www.levyinstitute.org/conferences/athens_2013/ The Eurozone Crisis, Greece, and the Experience of Austerity Athens, Greece Organized by the Levy Economics Institute of Bard College with support from the Ford Foundation November 2013
published: 06 Dec 2013 -
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy, how it is emerging from the financial crisis and the countries prospects.
published: 24 May 2012 -
GBIF 2022 | Interview with Sturla Pálsson, Central Bank of Iceland
For more information please visit - https://events.euromoney.com/borrowers2022 Euromoney interviews Sturla Pálsson, Director of Markets, Central Bank of Iceland on the sidelines of GBIF 2022.
published: 05 Jul 2022 -
Iceland announces Russian loan, nationalizes bank
(7 Oct 2008) SHOTLIST 1. Various exteriors of Landsbanki headquarters 2. Mid shot of entrance 3. Close up of people walking out of entrance 4. Exterior shots of Parliament building 5. Prime Minister of Iceland, Geir H. Haarde walking into news conference 6. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland: "The legislation that we introduced yesterday was passed by the parliament last night. We think that is a very important step in our efforts to stabilise the situation here and make sure that we have a functioning bank system. And also showing that we are preoccupied. Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people." 7. Cutaway 8. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland: ...
published: 21 Jul 2015 -
ECB stimulus won't depreciate euro in the long run: Iceland central bank | Squawk Box Europe
Mar Gudmundsson, governor of the Central Bank of Iceland, responds to U.S. President Donald Trump's claims that the ECB is purposely lowering the euro to gain a competitive advantage.
published: 19 Jun 2019 -
Íslandsbanki on Iceland's Economy
John Bentsson, an economist at Íslandsbanki shares his views on the decision made by Iceland's central bank to leave rates unchanged.
published: 21 Aug 2013 -
Arion Bank on Iceland
Ásdís Kristjánsdóttir, Head of Research at Arion Bank, speaks to Dukascopy TV about Iceland's central bank rate decision. Ásdís discusses the future of the Icelandic krona and growth prospects for 2013.
published: 12 Jun 2013 -
Protest in Iceland - central bank february 9 2009
This morning at 8 oclock´,people protested at the central bank. Wanting the CEO´s of the bank to quit their job. Here is one of the protesters chased of the building .
published: 09 Feb 2009 -
The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for
(8 Oct 2008) HEADLINE: Iceland faces financial meltdown --------------------------------------- CAPTION: The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for loans, adjusting the value of its currency and taking over its second largest bank. (Oct. 8) ---------------------------------------- [Notes:ANCHOR VOICE] NB. THIS IS A VOICEOVER TRANSCRIPT, NOT A FULL SHOT LIST. [Notes:VO various of bank exteriors, officials meeting] THE GLOBAL FINANCIAL MELTDOWN COMES TO ICELAND ... THE GOVERNMENT IN THIS TINY ISLAND IN THE NORTH ATLANTIC SEIZING THE COUNTRY'S SECOND LARGEST BANK ... FIXING THE EXCHANGE RATE OF ITS PLUMMETING CURRENCY ... AND BEGGING RUSSIA FOR A LOAN OF ALMOST FIVE-AND-A-HALF BILLION DOLLARS. ALL OF THIS ... A SCRAMBLE TO S...
published: 30 Jul 2015
developed with YouTube
2:54
In Conversation with Ásgeir Jónsson | Central Bank of Iceland
- Order: Reorder
- Duration: 2:54
- Uploaded Date: 21 Oct 2022
- views: 200
Global Finance editor Andrea Fiano interviews Ásgeir Jónsson, Central Bank Governor of Iceland during Global Finance's World's Best Bank Awards at the National ...
Global Finance editor Andrea Fiano interviews Ásgeir Jónsson, Central Bank Governor of Iceland during Global Finance's World's Best Bank Awards at the National Press Club in Washington, DC on October 15th. Global Finance magazine's central banker report cards can be found here: https://www.gfmag.com/magazine/october-2022/central-banker-report-cards-2022
https://wn.com/In_Conversation_With_Ásgeir_Jónsson_|_Central_Bank_Of_Iceland
Global Finance editor Andrea Fiano interviews Ásgeir Jónsson, Central Bank Governor of Iceland during Global Finance's World's Best Bank Awards at the National Press Club in Washington, DC on October 15th. Global Finance magazine's central banker report cards can be found here: https://www.gfmag.com/magazine/october-2022/central-banker-report-cards-2022
51:08
Már Guðmundsson, Governor, Central Bank of Iceland
- Order: Reorder
- Duration: 51:08
- Uploaded Date: 06 Dec 2013
- views: 214
Már Guðmundsson, Governor, Central Bank of Iceland
"Iceland's Crisis and Recovery: Are There Lessons for the Eurozone and Its Member Countries?"
English/Greek ...
Már Guðmundsson, Governor, Central Bank of Iceland
"Iceland's Crisis and Recovery: Are There Lessons for the Eurozone and Its Member Countries?"
English/Greek translation audio files may be streamed here:
http://www.levyinstitute.org/news/?event=50
To view the full conference program or to download a speaker's presentation, click here:
http://www.levyinstitute.org/conferences/athens_2013/
The Eurozone Crisis, Greece, and the Experience of Austerity
Athens, Greece
Organized by the Levy Economics Institute of Bard College with support from the Ford Foundation
November 2013
https://wn.com/Már_Guðmundsson,_Governor,_Central_Bank_Of_Iceland
Már Guðmundsson, Governor, Central Bank of Iceland
"Iceland's Crisis and Recovery: Are There Lessons for the Eurozone and Its Member Countries?"
English/Greek translation audio files may be streamed here:
http://www.levyinstitute.org/news/?event=50
To view the full conference program or to download a speaker's presentation, click here:
http://www.levyinstitute.org/conferences/athens_2013/
The Eurozone Crisis, Greece, and the Experience of Austerity
Athens, Greece
Organized by the Levy Economics Institute of Bard College with support from the Ford Foundation
November 2013
- published: 06 Dec 2013
- views: 214
2:48
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy
- Order: Reorder
- Duration: 2:48
- Uploaded Date: 24 May 2012
- views: 302
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy, how it is emerging from the financial crisis and the countries pros...
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy, how it is emerging from the financial crisis and the countries prospects.
https://wn.com/Mar_Gudmundsson,_Governor_Of_The_Central_Bank_In_Iceland_Speaks_About_The_Icelandic_Economy
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy, how it is emerging from the financial crisis and the countries prospects.
- published: 24 May 2012
- views: 302
2:57
GBIF 2022 | Interview with Sturla Pálsson, Central Bank of Iceland
- Order: Reorder
- Duration: 2:57
- Uploaded Date: 05 Jul 2022
- views: 109
For more information please visit - https://events.euromoney.com/borrowers2022
Euromoney interviews Sturla Pálsson, Director of Markets, Central Bank of Icela...
For more information please visit - https://events.euromoney.com/borrowers2022
Euromoney interviews Sturla Pálsson, Director of Markets, Central Bank of Iceland on the sidelines of GBIF 2022.
https://wn.com/Gbif_2022_|_Interview_With_Sturla_Pálsson,_Central_Bank_Of_Iceland
For more information please visit - https://events.euromoney.com/borrowers2022
Euromoney interviews Sturla Pálsson, Director of Markets, Central Bank of Iceland on the sidelines of GBIF 2022.
- published: 05 Jul 2022
- views: 109
2:57
Iceland announces Russian loan, nationalizes bank
- Order: Reorder
- Duration: 2:57
- Uploaded Date: 21 Jul 2015
- views: 465
(7 Oct 2008) SHOTLIST
1. Various exteriors of Landsbanki headquarters
2. Mid shot of entrance
3. Close up of people walking out of entrance
4. Exterior shot...
(7 Oct 2008) SHOTLIST
1. Various exteriors of Landsbanki headquarters
2. Mid shot of entrance
3. Close up of people walking out of entrance
4. Exterior shots of Parliament building
5. Prime Minister of Iceland, Geir H. Haarde walking into news conference
6. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"The legislation that we introduced yesterday was passed by the parliament last night. We think that is a very important step in our efforts to stabilise the situation here and make sure that we have a functioning bank system. And also showing that we are preoccupied. Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people."
7. Cutaway
8. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"Today I made it public that we had been talking to Russia about a currency loan. We will be sending people to Moscow today or tomorrow to negotiate with Russia on the terms and conditions and so on, on this loan that will be an addition to our foreign currency reserves and not intended to be lent onwards to any financial institution. We think that Russia is taking a very friendly position on this and we are very pleased that this announcement was made this morning."
9. Cutaway
10. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"The idea of what we are doing here is to separate the domestic operations of the banks who are in trouble, bank or banks, from the international operations. But that will continue to the extent possible. I'm not aware of the particular details as far as Icesave is concerned."
11. Haarde leaving room
12. Various of newspaper headlines
STORYLINE
Iceland has nationalised its second-largest bank under day-old emergency legislation and says it is negotiating a euro 4 billion (5.4 (b) billion US dollar) loan from Russia to shore up the nation's finances amid a full-blown financial crisis.
The central bank has also loaned euro 500 (m) million (680 (m) million US dollars) to Kaupthing, the country's biggest bank.
As the government scrambled to gain control, the central bank first announced that it had secured the Russian loan, then backtracked and said the countries had agreed to open talks on "financial issues" soon.
The takeover of Landsbanki came a day after trading in shares of major banks was suspended, the Icelandic krona lost a quarter of its value against the euro, and the government rushed through emergency legislation giving it sweeping powers to deal with the financial meltdown.
"Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people," Iceland's Prime Minister Geir H. Haarde said on Tuesday.
He also said Russia was taking "a very friendly position" with regards to talks over a possible loan.
A loan from Russia would support the government's efforts to gain control of an increasingly dire financial situation, which saw the government coming to rescue of the third-largest bank, Glitnir, only last week.
Prime Minister Geir H. Haarde warned late on Monday that the heavy exposure of the tiny country's banking sector to the global financial turmoil raised the spectre of "national bankruptcy."
Meanwhile, Iceland's largest bank, Kaupthing said on Tuesday that it has received a 680 (m) million US dollar loan from the Icelandic central bank.
But said it has not been approached by the country's financial regulator about any possible state intervention.
Bank assets are nine times annual gross domestic product of 19 (b) billion US dollars.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
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https://wn.com/Iceland_Announces_Russian_Loan,_Nationalizes_Bank
(7 Oct 2008) SHOTLIST
1. Various exteriors of Landsbanki headquarters
2. Mid shot of entrance
3. Close up of people walking out of entrance
4. Exterior shots of Parliament building
5. Prime Minister of Iceland, Geir H. Haarde walking into news conference
6. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"The legislation that we introduced yesterday was passed by the parliament last night. We think that is a very important step in our efforts to stabilise the situation here and make sure that we have a functioning bank system. And also showing that we are preoccupied. Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people."
7. Cutaway
8. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"Today I made it public that we had been talking to Russia about a currency loan. We will be sending people to Moscow today or tomorrow to negotiate with Russia on the terms and conditions and so on, on this loan that will be an addition to our foreign currency reserves and not intended to be lent onwards to any financial institution. We think that Russia is taking a very friendly position on this and we are very pleased that this announcement was made this morning."
9. Cutaway
10. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"The idea of what we are doing here is to separate the domestic operations of the banks who are in trouble, bank or banks, from the international operations. But that will continue to the extent possible. I'm not aware of the particular details as far as Icesave is concerned."
11. Haarde leaving room
12. Various of newspaper headlines
STORYLINE
Iceland has nationalised its second-largest bank under day-old emergency legislation and says it is negotiating a euro 4 billion (5.4 (b) billion US dollar) loan from Russia to shore up the nation's finances amid a full-blown financial crisis.
The central bank has also loaned euro 500 (m) million (680 (m) million US dollars) to Kaupthing, the country's biggest bank.
As the government scrambled to gain control, the central bank first announced that it had secured the Russian loan, then backtracked and said the countries had agreed to open talks on "financial issues" soon.
The takeover of Landsbanki came a day after trading in shares of major banks was suspended, the Icelandic krona lost a quarter of its value against the euro, and the government rushed through emergency legislation giving it sweeping powers to deal with the financial meltdown.
"Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people," Iceland's Prime Minister Geir H. Haarde said on Tuesday.
He also said Russia was taking "a very friendly position" with regards to talks over a possible loan.
A loan from Russia would support the government's efforts to gain control of an increasingly dire financial situation, which saw the government coming to rescue of the third-largest bank, Glitnir, only last week.
Prime Minister Geir H. Haarde warned late on Monday that the heavy exposure of the tiny country's banking sector to the global financial turmoil raised the spectre of "national bankruptcy."
Meanwhile, Iceland's largest bank, Kaupthing said on Tuesday that it has received a 680 (m) million US dollar loan from the Icelandic central bank.
But said it has not been approached by the country's financial regulator about any possible state intervention.
Bank assets are nine times annual gross domestic product of 19 (b) billion US dollars.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/07d0c1c310c00e9fc31166674602ab7e
- published: 21 Jul 2015
- views: 465
1:12
ECB stimulus won't depreciate euro in the long run: Iceland central bank | Squawk Box Europe
- Order: Reorder
- Duration: 1:12
- Uploaded Date: 19 Jun 2019
- views: 670
Mar Gudmundsson, governor of the Central Bank of Iceland, responds to U.S. President Donald Trump's claims that the ECB is purposely lowering the euro to gain a...
Mar Gudmundsson, governor of the Central Bank of Iceland, responds to U.S. President Donald Trump's claims that the ECB is purposely lowering the euro to gain a competitive advantage.
https://wn.com/Ecb_Stimulus_Won't_Depreciate_Euro_In_The_Long_Run_Iceland_Central_Bank_|_Squawk_Box_Europe
Mar Gudmundsson, governor of the Central Bank of Iceland, responds to U.S. President Donald Trump's claims that the ECB is purposely lowering the euro to gain a competitive advantage.
- published: 19 Jun 2019
- views: 670
7:52
Íslandsbanki on Iceland's Economy
- Order: Reorder
- Duration: 7:52
- Uploaded Date: 21 Aug 2013
- views: 84
John Bentsson, an economist at Íslandsbanki shares his views on the decision made by Iceland's central bank to leave rates unchanged.
John Bentsson, an economist at Íslandsbanki shares his views on the decision made by Iceland's central bank to leave rates unchanged.
https://wn.com/Íslandsbanki_On_Iceland's_Economy
John Bentsson, an economist at Íslandsbanki shares his views on the decision made by Iceland's central bank to leave rates unchanged.
- published: 21 Aug 2013
- views: 84
8:40
Arion Bank on Iceland
- Order: Reorder
- Duration: 8:40
- Uploaded Date: 12 Jun 2013
- views: 231
Ásdís Kristjánsdóttir, Head of Research at Arion Bank, speaks to Dukascopy TV about Iceland's central bank rate decision. Ásdís discusses the future of the Icel...
Ásdís Kristjánsdóttir, Head of Research at Arion Bank, speaks to Dukascopy TV about Iceland's central bank rate decision. Ásdís discusses the future of the Icelandic krona and growth prospects for 2013.
https://wn.com/Arion_Bank_On_Iceland
Ásdís Kristjánsdóttir, Head of Research at Arion Bank, speaks to Dukascopy TV about Iceland's central bank rate decision. Ásdís discusses the future of the Icelandic krona and growth prospects for 2013.
- published: 12 Jun 2013
- views: 231
1:51
Protest in Iceland - central bank february 9 2009
- Order: Reorder
- Duration: 1:51
- Uploaded Date: 09 Feb 2009
- views: 367
This morning at 8 oclock´,people protested at the central bank.
Wanting the CEO´s of the bank to quit their job.
Here is one of the protesters chased of the b...
This morning at 8 oclock´,people protested at the central bank.
Wanting the CEO´s of the bank to quit their job.
Here is one of the protesters chased of the building .
https://wn.com/Protest_In_Iceland_Central_Bank_February_9_2009
This morning at 8 oclock´,people protested at the central bank.
Wanting the CEO´s of the bank to quit their job.
Here is one of the protesters chased of the building .
- published: 09 Feb 2009
- views: 367
1:06
The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for
- Order: Reorder
- Duration: 1:06
- Uploaded Date: 30 Jul 2015
- views: 258
(8 Oct 2008) HEADLINE: Iceland faces financial meltdown
---------------------------------------
CAPTION: The tiny nation of Iceland is scrambling to prevent a...
(8 Oct 2008) HEADLINE: Iceland faces financial meltdown
---------------------------------------
CAPTION: The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for loans, adjusting the value of its currency and taking over its second largest bank. (Oct. 8)
----------------------------------------
[Notes:ANCHOR VOICE]
NB. THIS IS A VOICEOVER TRANSCRIPT, NOT A FULL SHOT LIST.
[Notes:VO various of bank exteriors, officials meeting]
THE GLOBAL FINANCIAL MELTDOWN COMES TO ICELAND ... THE GOVERNMENT IN THIS TINY ISLAND IN THE NORTH ATLANTIC SEIZING THE COUNTRY'S SECOND LARGEST BANK ... FIXING THE EXCHANGE RATE OF ITS PLUMMETING CURRENCY ... AND BEGGING RUSSIA FOR A LOAN OF ALMOST FIVE-AND-A-HALF BILLION DOLLARS.
ALL OF THIS ... A SCRAMBLE TO STOP THE NATION'S ECONOMY FROM COLLAPSING.
[Notes:SUPER: Geir H. Haarde, Prime Minister of Iceland]
SOT: Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people.
ADDING TO THE FINANCIAL CHAOS ... BRITAIN SAYS IT WILL GUARANTEE DEPOSITS HELD BY THOUSANDS WITH ICELANDIC BANK ACCOUNTS. BRITISH CUSTOMERS DEPOSITED MILLIONS WITH THE INTERNET BANK ICESAVE ... WITHDRAWALS THERE ARE NOW SUSPENDED.
A FULL-BLOWN COLLAPSE OF ICELAND'S FINANCIAL SYSTEM WOULD HIT THE REST OF EUROPE ... COMPANIES AND BANKS IN THIS NATION ARE HEAVILY INVESTED IN VENTURES ACROSS THE CONTINENT.
DEREGULATION AND THE STOCK MARKET BOOM MADE ICELAND ONE OF EUROPE'S RICHEST NATIONS ... BUT THIS WEALTH, BUILT ON MASSIVE FOREIGN DEBT ... IS NOW ON A SHAKY FOUNDATION.
APTN STORY NUMBER: 581313
Stockholm, Sweden
1. Various of Swedish Central bank
2. Various of Kaupthing headquarters
3. SOUNDBITE (English) Peter Borsos, Kaupthing Sweden information manager:
"Well. It's something we have applied for at the Swedish Central Bank, in order to have the liquidity in the financial turmoil that exists not only in Sweden but all over the world, and in our case, particularly in Iceland."
4. Cutaway Kaupthing sign
5. SOUNDBITE: (English) Peter Borsos, Kaupthing Sweden information manager:
"This is more than enough. This five (b) billion Swedish (kronor) will cover everything, then some, so today we are very, very liquid and can service everyone who wants to."
6. Close of Kaupthing sign
7. Various of Stockholm Stock Exchange
Reykjavik, Iceland
8. Landsbankinn (a.k.a Landsbanki) building
9. Landsbankinn sign
10. Kaupthing building
11. Various, man at cashpoint
12. Street scene, with set-up of Elly Armanns,
13. SOUNDBITE (English) Elly Armanns, voxpop:
"Yes, I'm worried. I think we've reached the bottom. Now we have to all stand on our feet, put our hands together and jump up again. I believe that. So I try not to worry."
14. Set up, Gunnlangur Olafsson
15. SOUNDBITE: (English) Gunnlangur Olafsson, voxpop:
"Of course, these are times when everybody is worried. But Iceland has put itself out of worst problems before and we'll do it again."
16. Pan across policemen to protest
17. Various of concert
18. Fan with placard reading in Icelandic "God Bless Iceland'
19. Set up shot Bubbi, musician
20. SOUNDBITE: (English) Bubbi, musician:
"Is important that we step out and put our affair on the table and say : 'hey, this is a situation in which we're all stuck into. I'm just here now on my own to sing my music and if I will be alone, good enough."
21. Pan across Parliament building to protest concert
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https://wn.com/The_Tiny_Nation_Of_Iceland_Is_Scrambling_To_Prevent_A_Financial_Collapse,_Begging_Other_Nations_For
(8 Oct 2008) HEADLINE: Iceland faces financial meltdown
---------------------------------------
CAPTION: The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for loans, adjusting the value of its currency and taking over its second largest bank. (Oct. 8)
----------------------------------------
[Notes:ANCHOR VOICE]
NB. THIS IS A VOICEOVER TRANSCRIPT, NOT A FULL SHOT LIST.
[Notes:VO various of bank exteriors, officials meeting]
THE GLOBAL FINANCIAL MELTDOWN COMES TO ICELAND ... THE GOVERNMENT IN THIS TINY ISLAND IN THE NORTH ATLANTIC SEIZING THE COUNTRY'S SECOND LARGEST BANK ... FIXING THE EXCHANGE RATE OF ITS PLUMMETING CURRENCY ... AND BEGGING RUSSIA FOR A LOAN OF ALMOST FIVE-AND-A-HALF BILLION DOLLARS.
ALL OF THIS ... A SCRAMBLE TO STOP THE NATION'S ECONOMY FROM COLLAPSING.
[Notes:SUPER: Geir H. Haarde, Prime Minister of Iceland]
SOT: Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people.
ADDING TO THE FINANCIAL CHAOS ... BRITAIN SAYS IT WILL GUARANTEE DEPOSITS HELD BY THOUSANDS WITH ICELANDIC BANK ACCOUNTS. BRITISH CUSTOMERS DEPOSITED MILLIONS WITH THE INTERNET BANK ICESAVE ... WITHDRAWALS THERE ARE NOW SUSPENDED.
A FULL-BLOWN COLLAPSE OF ICELAND'S FINANCIAL SYSTEM WOULD HIT THE REST OF EUROPE ... COMPANIES AND BANKS IN THIS NATION ARE HEAVILY INVESTED IN VENTURES ACROSS THE CONTINENT.
DEREGULATION AND THE STOCK MARKET BOOM MADE ICELAND ONE OF EUROPE'S RICHEST NATIONS ... BUT THIS WEALTH, BUILT ON MASSIVE FOREIGN DEBT ... IS NOW ON A SHAKY FOUNDATION.
APTN STORY NUMBER: 581313
Stockholm, Sweden
1. Various of Swedish Central bank
2. Various of Kaupthing headquarters
3. SOUNDBITE (English) Peter Borsos, Kaupthing Sweden information manager:
"Well. It's something we have applied for at the Swedish Central Bank, in order to have the liquidity in the financial turmoil that exists not only in Sweden but all over the world, and in our case, particularly in Iceland."
4. Cutaway Kaupthing sign
5. SOUNDBITE: (English) Peter Borsos, Kaupthing Sweden information manager:
"This is more than enough. This five (b) billion Swedish (kronor) will cover everything, then some, so today we are very, very liquid and can service everyone who wants to."
6. Close of Kaupthing sign
7. Various of Stockholm Stock Exchange
Reykjavik, Iceland
8. Landsbankinn (a.k.a Landsbanki) building
9. Landsbankinn sign
10. Kaupthing building
11. Various, man at cashpoint
12. Street scene, with set-up of Elly Armanns,
13. SOUNDBITE (English) Elly Armanns, voxpop:
"Yes, I'm worried. I think we've reached the bottom. Now we have to all stand on our feet, put our hands together and jump up again. I believe that. So I try not to worry."
14. Set up, Gunnlangur Olafsson
15. SOUNDBITE: (English) Gunnlangur Olafsson, voxpop:
"Of course, these are times when everybody is worried. But Iceland has put itself out of worst problems before and we'll do it again."
16. Pan across policemen to protest
17. Various of concert
18. Fan with placard reading in Icelandic "God Bless Iceland'
19. Set up shot Bubbi, musician
20. SOUNDBITE: (English) Bubbi, musician:
"Is important that we step out and put our affair on the table and say : 'hey, this is a situation in which we're all stuck into. I'm just here now on my own to sing my music and if I will be alone, good enough."
21. Pan across Parliament building to protest concert
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- published: 30 Jul 2015
- views: 258
2:54
In Conversation with Ásgeir Jónsson | Central Bank of Iceland
Global Finance editor Andrea Fiano interviews Ásgeir Jónsson, Central Bank Governor of Ice...
published: 21 Oct 2022
In Conversation with Ásgeir Jónsson | Central Bank of Iceland
In Conversation with Ásgeir Jónsson | Central Bank of Iceland
- Report rights infringement
- published: 21 Oct 2022
- views: 200
Global Finance editor Andrea Fiano interviews Ásgeir Jónsson, Central Bank Governor of Iceland during Global Finance's World's Best Bank Awards at the National Press Club in Washington, DC on October 15th. Global Finance magazine's central banker report cards can be found here: https://www.gfmag.com/magazine/october-2022/central-banker-report-cards-2022
51:08
Már Guðmundsson, Governor, Central Bank of Iceland
Már Guðmundsson, Governor, Central Bank of Iceland
"Iceland's Crisis and Recovery: Are The...
published: 06 Dec 2013
Már Guðmundsson, Governor, Central Bank of Iceland
Már Guðmundsson, Governor, Central Bank of Iceland
- Report rights infringement
- published: 06 Dec 2013
- views: 214
Már Guðmundsson, Governor, Central Bank of Iceland
"Iceland's Crisis and Recovery: Are There Lessons for the Eurozone and Its Member Countries?"
English/Greek translation audio files may be streamed here:
http://www.levyinstitute.org/news/?event=50
To view the full conference program or to download a speaker's presentation, click here:
http://www.levyinstitute.org/conferences/athens_2013/
The Eurozone Crisis, Greece, and the Experience of Austerity
Athens, Greece
Organized by the Levy Economics Institute of Bard College with support from the Ford Foundation
November 2013
2:48
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic econom...
published: 24 May 2012
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy
- Report rights infringement
- published: 24 May 2012
- views: 302
Mar Gudmundsson, Governor of the Central Bank in Iceland speaks about the Icelandic economy, how it is emerging from the financial crisis and the countries prospects.
2:57
GBIF 2022 | Interview with Sturla Pálsson, Central Bank of Iceland
For more information please visit - https://events.euromoney.com/borrowers2022
Euromoney...
published: 05 Jul 2022
GBIF 2022 | Interview with Sturla Pálsson, Central Bank of Iceland
GBIF 2022 | Interview with Sturla Pálsson, Central Bank of Iceland
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- published: 05 Jul 2022
- views: 109
For more information please visit - https://events.euromoney.com/borrowers2022
Euromoney interviews Sturla Pálsson, Director of Markets, Central Bank of Iceland on the sidelines of GBIF 2022.
2:57
Iceland announces Russian loan, nationalizes bank
(7 Oct 2008) SHOTLIST
1. Various exteriors of Landsbanki headquarters
2. Mid shot of ent...
published: 21 Jul 2015
Iceland announces Russian loan, nationalizes bank
Iceland announces Russian loan, nationalizes bank
- Report rights infringement
- published: 21 Jul 2015
- views: 465
(7 Oct 2008) SHOTLIST
1. Various exteriors of Landsbanki headquarters
2. Mid shot of entrance
3. Close up of people walking out of entrance
4. Exterior shots of Parliament building
5. Prime Minister of Iceland, Geir H. Haarde walking into news conference
6. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"The legislation that we introduced yesterday was passed by the parliament last night. We think that is a very important step in our efforts to stabilise the situation here and make sure that we have a functioning bank system. And also showing that we are preoccupied. Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people."
7. Cutaway
8. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"Today I made it public that we had been talking to Russia about a currency loan. We will be sending people to Moscow today or tomorrow to negotiate with Russia on the terms and conditions and so on, on this loan that will be an addition to our foreign currency reserves and not intended to be lent onwards to any financial institution. We think that Russia is taking a very friendly position on this and we are very pleased that this announcement was made this morning."
9. Cutaway
10. SOUNDBITE: (English) Geir H. Haarde, Prime Minister of Iceland:
"The idea of what we are doing here is to separate the domestic operations of the banks who are in trouble, bank or banks, from the international operations. But that will continue to the extent possible. I'm not aware of the particular details as far as Icesave is concerned."
11. Haarde leaving room
12. Various of newspaper headlines
STORYLINE
Iceland has nationalised its second-largest bank under day-old emergency legislation and says it is negotiating a euro 4 billion (5.4 (b) billion US dollar) loan from Russia to shore up the nation's finances amid a full-blown financial crisis.
The central bank has also loaned euro 500 (m) million (680 (m) million US dollars) to Kaupthing, the country's biggest bank.
As the government scrambled to gain control, the central bank first announced that it had secured the Russian loan, then backtracked and said the countries had agreed to open talks on "financial issues" soon.
The takeover of Landsbanki came a day after trading in shares of major banks was suspended, the Icelandic krona lost a quarter of its value against the euro, and the government rushed through emergency legislation giving it sweeping powers to deal with the financial meltdown.
"Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people," Iceland's Prime Minister Geir H. Haarde said on Tuesday.
He also said Russia was taking "a very friendly position" with regards to talks over a possible loan.
A loan from Russia would support the government's efforts to gain control of an increasingly dire financial situation, which saw the government coming to rescue of the third-largest bank, Glitnir, only last week.
Prime Minister Geir H. Haarde warned late on Monday that the heavy exposure of the tiny country's banking sector to the global financial turmoil raised the spectre of "national bankruptcy."
Meanwhile, Iceland's largest bank, Kaupthing said on Tuesday that it has received a 680 (m) million US dollar loan from the Icelandic central bank.
But said it has not been approached by the country's financial regulator about any possible state intervention.
Bank assets are nine times annual gross domestic product of 19 (b) billion US dollars.
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1:12
ECB stimulus won't depreciate euro in the long run: Iceland central bank | Squawk Box Europe
Mar Gudmundsson, governor of the Central Bank of Iceland, responds to U.S. President Donal...
published: 19 Jun 2019
ECB stimulus won't depreciate euro in the long run: Iceland central bank | Squawk Box Europe
ECB stimulus won't depreciate euro in the long run: Iceland central bank | Squawk Box Europe
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- published: 19 Jun 2019
- views: 670
Mar Gudmundsson, governor of the Central Bank of Iceland, responds to U.S. President Donald Trump's claims that the ECB is purposely lowering the euro to gain a competitive advantage.
7:52
Íslandsbanki on Iceland's Economy
John Bentsson, an economist at Íslandsbanki shares his views on the decision made by Icela...
published: 21 Aug 2013
Íslandsbanki on Iceland's Economy
Íslandsbanki on Iceland's Economy
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- published: 21 Aug 2013
- views: 84
John Bentsson, an economist at Íslandsbanki shares his views on the decision made by Iceland's central bank to leave rates unchanged.
8:40
Arion Bank on Iceland
Ásdís Kristjánsdóttir, Head of Research at Arion Bank, speaks to Dukascopy TV about Icelan...
published: 12 Jun 2013
Arion Bank on Iceland
Arion Bank on Iceland
- Report rights infringement
- published: 12 Jun 2013
- views: 231
Ásdís Kristjánsdóttir, Head of Research at Arion Bank, speaks to Dukascopy TV about Iceland's central bank rate decision. Ásdís discusses the future of the Icelandic krona and growth prospects for 2013.
1:51
Protest in Iceland - central bank february 9 2009
This morning at 8 oclock´,people protested at the central bank.
Wanting the CEO´s of the ...
published: 09 Feb 2009
Protest in Iceland - central bank february 9 2009
Protest in Iceland - central bank february 9 2009
- Report rights infringement
- published: 09 Feb 2009
- views: 367
This morning at 8 oclock´,people protested at the central bank.
Wanting the CEO´s of the bank to quit their job.
Here is one of the protesters chased of the building .
1:06
The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for
(8 Oct 2008) HEADLINE: Iceland faces financial meltdown
---------------------------------...
published: 30 Jul 2015
The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for
The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for
- Report rights infringement
- published: 30 Jul 2015
- views: 258
(8 Oct 2008) HEADLINE: Iceland faces financial meltdown
---------------------------------------
CAPTION: The tiny nation of Iceland is scrambling to prevent a financial collapse, begging other nations for loans, adjusting the value of its currency and taking over its second largest bank. (Oct. 8)
----------------------------------------
[Notes:ANCHOR VOICE]
NB. THIS IS A VOICEOVER TRANSCRIPT, NOT A FULL SHOT LIST.
[Notes:VO various of bank exteriors, officials meeting]
THE GLOBAL FINANCIAL MELTDOWN COMES TO ICELAND ... THE GOVERNMENT IN THIS TINY ISLAND IN THE NORTH ATLANTIC SEIZING THE COUNTRY'S SECOND LARGEST BANK ... FIXING THE EXCHANGE RATE OF ITS PLUMMETING CURRENCY ... AND BEGGING RUSSIA FOR A LOAN OF ALMOST FIVE-AND-A-HALF BILLION DOLLARS.
ALL OF THIS ... A SCRAMBLE TO STOP THE NATION'S ECONOMY FROM COLLAPSING.
[Notes:SUPER: Geir H. Haarde, Prime Minister of Iceland]
SOT: Our primary concern is the sustainability of the banking system as well as the best interests of the Icelandic people.
ADDING TO THE FINANCIAL CHAOS ... BRITAIN SAYS IT WILL GUARANTEE DEPOSITS HELD BY THOUSANDS WITH ICELANDIC BANK ACCOUNTS. BRITISH CUSTOMERS DEPOSITED MILLIONS WITH THE INTERNET BANK ICESAVE ... WITHDRAWALS THERE ARE NOW SUSPENDED.
A FULL-BLOWN COLLAPSE OF ICELAND'S FINANCIAL SYSTEM WOULD HIT THE REST OF EUROPE ... COMPANIES AND BANKS IN THIS NATION ARE HEAVILY INVESTED IN VENTURES ACROSS THE CONTINENT.
DEREGULATION AND THE STOCK MARKET BOOM MADE ICELAND ONE OF EUROPE'S RICHEST NATIONS ... BUT THIS WEALTH, BUILT ON MASSIVE FOREIGN DEBT ... IS NOW ON A SHAKY FOUNDATION.
APTN STORY NUMBER: 581313
Stockholm, Sweden
1. Various of Swedish Central bank
2. Various of Kaupthing headquarters
3. SOUNDBITE (English) Peter Borsos, Kaupthing Sweden information manager:
"Well. It's something we have applied for at the Swedish Central Bank, in order to have the liquidity in the financial turmoil that exists not only in Sweden but all over the world, and in our case, particularly in Iceland."
4. Cutaway Kaupthing sign
5. SOUNDBITE: (English) Peter Borsos, Kaupthing Sweden information manager:
"This is more than enough. This five (b) billion Swedish (kronor) will cover everything, then some, so today we are very, very liquid and can service everyone who wants to."
6. Close of Kaupthing sign
7. Various of Stockholm Stock Exchange
Reykjavik, Iceland
8. Landsbankinn (a.k.a Landsbanki) building
9. Landsbankinn sign
10. Kaupthing building
11. Various, man at cashpoint
12. Street scene, with set-up of Elly Armanns,
13. SOUNDBITE (English) Elly Armanns, voxpop:
"Yes, I'm worried. I think we've reached the bottom. Now we have to all stand on our feet, put our hands together and jump up again. I believe that. So I try not to worry."
14. Set up, Gunnlangur Olafsson
15. SOUNDBITE: (English) Gunnlangur Olafsson, voxpop:
"Of course, these are times when everybody is worried. But Iceland has put itself out of worst problems before and we'll do it again."
16. Pan across policemen to protest
17. Various of concert
18. Fan with placard reading in Icelandic "God Bless Iceland'
19. Set up shot Bubbi, musician
20. SOUNDBITE: (English) Bubbi, musician:
"Is important that we step out and put our affair on the table and say : 'hey, this is a situation in which we're all stuck into. I'm just here now on my own to sing my music and if I will be alone, good enough."
21. Pan across Parliament building to protest concert
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Central Bank of Iceland
The Central Bank of Iceland (Icelandic: Seðlabanki Íslands) is the central bank or reserve bank of Iceland. It has served in this capacity since 1961, when it was created by an act of the Alþingi out of the central banking department of Landsbanki Íslands, which had the sole right of note issuance since 1927 and had conducted only limited monetary policy.
Seðlabanki Íslands is owned by the Icelandic government, and is administered by a governor and a seven-member supervisory board, elected by the country's parliament following each general election. It has the sole right to issue notes and coins of Icelandic krónur and to manage the state's foreign currency reserves. The Central Bank Act of 1986 eliminated the ability of the Central Bank to regulate the interest rates of commercial banks and savings banks.
Though nominally independent, the Central Bank of Iceland was historically expected to follow the lead of the central government. In 2001, however, a floating exchange rate policy was introduced and since then the Central Bank has been empowered to adopt an inflation target and manage monetary policy so as to achieve price stability independent of the policies of the central government.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Central_Bank_of_Iceland
In Conversation with Ásgeir Jónsson | Central Bank...
Már Guðmundsson, Governor, Central Bank of Iceland...
Mar Gudmundsson, Governor of the Central Bank in I...
GBIF 2022 | Interview with Sturla Pálsson, Central...
Iceland announces Russian loan, nationalizes bank...
ECB stimulus won't depreciate euro in the long run...
Íslandsbanki on Iceland's Economy...
Arion Bank on Iceland...
Protest in Iceland - central bank february 9 2009...
The tiny nation of Iceland is scrambling to preven...
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