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Kaupthing Bank is a Northern European bank offering integrated financial services to companies, institutional investors and individuals. These services include corporate banking, the investment banking activities, the services of capital markets, asset management and administration full of wealth for customers of private banking. Kaupthing Bank was formed by the fusion slands of the Bà º ° naa arbanki and Kaupthing à in 2003 and is the largest bank in Iceland. The bank operates in ten countries, including all the Nordic countries (Denmark, Faroe Islands, Finland, Norway and Sweden), Luxembourg, Switzerland, the United Kingdom and the United States. The bank is the eighth – the largest bank in the Nordic countries in terms of market capitalization and it employs over 2,500 people and makes 36 retail branches in Iceland in recent years, Kaupthing Bank was one of several financial groups to Rapid growth in Europe. The expansion of € ™ s Bank was conducted through organic development and a healthy number of strategic acquisitions. The most recent acquisitions are those fih Erhvervsbank in Denmark in 2004 and in 2005 & BRITISH singer of the bank; Friedlander, now the singer & Kaupthing; Friedlander. The aim of this development is to further increase the capacity of € ™ s Bank to provide full services to its customer base in the UK, Scandinavia and elsewhere in Northern Europe. At 31 December 2006, the bank had total assets, ¬ â 42.9 billion. In 2006, aligned the number 1006 on Forbes Global 2000, which is an annual company of the largest in the world by 2000 Forbes Magazine. The same year, has aligned the number 177 (close to 34 seats from 2005) on the list of the world 'the biggest bank s composed annually by the magazine of the International Finance Banker.In 2006, the Bank of Kaupthing has made the comparison of net income, ¬ 971 million in beta, al, ¬ 659 million in the beta of 2005. Approximately 70% of operating profit was born outside of Iceland (30% in Iceland, 34% in the UK, 26% in Scandinavia, 8% in Luxembourg and 2% in other countries). The bank NameThe is known as Kaupthing Bank outside of Iceland. In Iceland, its official name is Banki HF ing of the ¾ Kaup. previously, its official name was the HF Bà º ° naa arbanki ing of the ¾ Kaup., but the name was changed while the former name was too unwieldy for most people. 2003 – 2006 the company has used the banki of Kb named for its retail operations in Iceland. In December 2006, however, the bank founded using the old name of ing of ¾ Kaup for its network of the bank's high-street. It was announced that the change is part of the bank 's program to function under the same name everywhere. [4] HistoryFounded in slands 1930 of the Bà º naa arbanki à ° from the public was beginning and was privatized by the government in stages between 1998 and 2003. The Bank of ing of ¾ Kaup was founded in 1982. Four years later, was one of the founding members of Iceland's stock market. Half of the bank was sold to Icelandic bank savings in 1986. The other half was sold to the slands of naa Bà º à ° arbanki in 1990, who sold their shares to the bank savings in 1996. The savings bank has begun to sell their shares to the public on the stock market in 2000.Acquisitions, mergers, HF 1982 to Kaupthing branches. Iceland Kaupthing founded in 1998 Luxembourg, SA Kaupthing opened 2000 islands faroe open, Kaupthing New York open, Stockholm Kaupthing Bank has opened the 2001 Copenhagen Open Kaupthing, Kaupthing Lausanne open, Sofi has purchased Aragon Finland in 2002 bought in Sweden, acquired JP Nordiska in Sweden, Aua ° Linde Mergers purchased in 2003 in Iceland with Kaupthing slands of the Bà º naa arbanki à ° to form the Bank of Kaupthing, Tyren bought in Norway, Norvestia bought in Finland, Kaupthing has opened in limited A. BRITISH 2004 Sundvall bought in Norway, fih & purchased in 2005 from the singer of Denmark, Friedlander has mergers purchased in 2006 limited Kaupthing & BRITISH with the singer; Friedlander to train & the singer Kaupthing; Friedlander in the UK

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