Føroya Banki
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BankNordik P/F is a Faroe Island domiciled bank, listed on the Nasdaq OMX Copenhagen and headquartered in Thorshavn. The bank offers financial services to individuals, commercial and corporate customers. On the Faroe Islands and Greenland, the offering consists of banking and pension services, while insurance services are also part of the offering on the Faroe Islands. The banking activities are organized under the BankNordik brand, whereas insurance and real estate brokerage are marketed under the Trygd and Skyn brands, respectively. BankNordik dates back to 1906 where it was founded under the name Føroya Banki, which was then a subsidiary of Landmandsbanken (currently Danske Bank). In 1994 Føroya Banki merged with Sjóvinnubankin, and in 2006, the Faroese parliament chose to privatize the bank with a subsequent listing on the Copenhagen and Icelandic stock exchanges in 2007. After acquiring 12 branches from Danish based Sparbank in 2010, it changed its name to BankNordik, and in 2011 the bank took over the healthy parts of Amagerbanken. In 2021 it sold its Danish banking activities and now focus solely on the Faroe Islands and Greenland.
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Financial calendar
Føroya Banki revises its 2024 net profit guidance upwards
Føroya Banki repurchases Tier 1 capital
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