Arion Bank received an award yesterday from the Retail Banker magazine for the Most Disruptive Innovation of the Year. The award was given for the Bank’s digital mortgages. Customers can now get a credit appraisal from Arion Bank in just a few minutes and digital mortgages have made the process of buying a house more straightforward than ever before.
The Bank was competing with major financial institutions such as Santander, Nordea and RBC and only two banks received more nominations. The projects for which Arion Bank was nominated were:
Höskuldur H. Ólafsson, CEO of Arion Bank:
“At Arion Bank we are proud of the tremendously positive response from our customers to the digital solutions we are offering, and it is a pleasure to receive an award such as this. We have made a targeted effort to be a leader in this area and have put a lot of resources into developing digital solutions at the Bank and we will continue in this direction.”
Arion Bank received an award yesterday from the Retail Banker magazine for the Most Disruptive Innovation of the Year. The award was given for the Bank’s digital mortgages.
Arion Bank reported net earnings of ISK 1.9 billion for the first three months of 2018, compared with ISK 3.4 billion for the same period of 2017. Return on equity was 3.6%, compared with 6.3% for the...
The 2018 Annual General Meeting of Arion Bank was held today, Thursday 15 March, at the Bank's headquarters in Borgartún, Reykjavík. The agenda of the meeting contained standard AGM business and the...