Arion banki hf. (ARION-SDB.ST)
Arion banki hf. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Reykjavík, GR, IS. The stock last traded at $14.50, down 0.28% on the session, giving a market capitalisation of $19.53B. Its beta of 0.39 implies it has historically moved less than the broad market.
Arion banki hf. is an Icelandic financial institution providing a broad spectrum of services to individual consumers, businesses, various organizations, and investors, both within Iceland and globally. The bank organizes its operations across three main divisions: 1. Retail Banking: This segment caters to individual customers, offering essential financial products such as deposit and loan facilities, savings plans, payment solutions via cards, retirement savings, insurance policies, access to securities, and managed investment funds. 2. Corporate & Investment Banking: Focused on small and medium-sized enterprises (SMEs), large corporations, and investors, this division delivers a suite of credit options including guarantees, transactional accounts, advanced payment systems, and value-added digital solutions. It also facilitates international transactions and provides comprehensive financial advisory services, such as guidance on mergers and acquisitions (M&A), private equity placements, initial public offerings (IPOs), and other capital market offerings. 3. Markets & Stefnir: This segment is responsible for managing financial assets on behalf of clients, overseeing a diverse range of mutual funds, specialized investment funds, and institutional investor portfolios. It also administers pension funds and offers various services within the capital markets. Additionally, it provides expertise in liquidity, foreign exchange, and interest rate management, handles the bank's debt issuance in both domestic and international markets while maintaining its creditworthiness, offers both general and life insurance coverage, and engages in real estate investments. Arion banki hf. was founded in 2008 and its corporate headquarters are situated in Reykjavík, Iceland.
Arion banki hf. is most often compared with the following Financial Services names: