Sparisjóðabanki

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Sparisjóðabanki Íslands (also: Icebank ) is the fourth largest Icelandic bank. It does not hold any deposits itself, but serves as a clearing house and "central bank" for the 24 independent savings banks in Iceland. They founded them in 1986 and are now the owners.

Above all, the bank provides the savings banks with supra-regional services, such as the administration of the issuing of loans in the savings bank association or international services such as the exchange of foreign cash.

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