Banking crisis in Iceland from an international perspective Cover Image

Kryzys bankowy w Islandii z perspektywy międzynarodowej
Banking crisis in Iceland from an international perspective

Author(s): Magdalena Markiewicz
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: financial crisis; bank; banking sector; Iceland

Summary/Abstract: Iceland has become one of the symbols of the financial crisis that started all over the world in 2007. In 2008 all commercial banks within the banking system of Iceland collapsed and as a result there were a lot of questions about the reasons of such a dramatic process of the banking crisis. The article focuses on the shape of the banking system in Iceland, the effects of the capital surpluses inflow and their conversion within operational activity of the Icelandic commercial banks.

  • Issue Year: 2011
  • Issue No: 221
  • Page Range: 373-382
  • Page Count: 10
  • Language: Polish