Banks of Iceland
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There are five principal commercial banks banks of Iceland: Glitnir, Kaupþing, Landsbanki, Straumur Investment Bank and Icebank which serves as a clearing house for the locally run savings banks. The major banks are listed on Kauphöll Íslands, the Icelandic Stock Exchange (ICEX), although each was wholly or partially state-owned in the past.

No foreign banks operate in Iceland due to the long distances and relatively small economy.citation needed

Complete list of banks, based on the list Entities supervised by the Financial Supervisory Authority in Iceland maintained by the Financial Supervisory Authority in Iceland [1]:

CENTRAL BANK

VIÐSKIPTABANKAR - COMMERCIAL BANKS

SPARISJÓÐIR - SAVINGS BANKS

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