UK’s Financial Services Authority authorises operation of Straumur-Burdarás’ London branch

| Source: Straumur-Burðarás Fjárfestingabanki hf. Straumur-Burðarás Fjárfestingabanki hf. 

The British Financial Services Authority (FSA) has granted Straumur-Burdarás Investment Bank a permit to operate a branch in London. Operation of the London office commenced on 1 January 2007. 

The activities of the London office will centre initially on lending activities, with particular emphasis on syndicated loans where Straumur-Burdarás will act variously as participant or lead arranger. 

Further information can be obtained from Fridrik Jóhannsson, Chief Executive Officer (tel: +354 580 9100) and Jóhanna Vigdís Gudmundsdóttir, Director of Corporate Communications (tel: +354 840 9133).