IMF warns Iceland over bank privatisation and housing market

Some bank investors have conflicts of interest and housing market is overheating – report

Central Bank of Iceland
Central Bank of Iceland

Iceland’s authorities should deal with concerns over bank privatisation, financial regulation and an overheating housing market, an International Monetary Fund staff report says.

The IMF published the findings of its most recent Article IV mission to the Nordic country on June 27. Its staff specifically mentioned concerns about the privatisation of one of Iceland’s major banks, Íslandsbanki, one of three state-owned banks created after the 2008 financial crisis.

At a March sale of shares in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.