Arion Bank pays off subordinated loan


Arion Bank completed the early repayment of a subordinated foreign currency loan today, which the Bank took from the Icelandic government in 2010 and 2011. The amount repaid is the equivalent of ISK 9 billion and forms part of Arion Bank’s debt management strategy.

For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444 7108.