18.03.2026
We warmly welcome both professionals and the general public to our stand at the Verk og vit exhibition in Laugardalshöll, from 19–21 March. Verk og vit is a major exhibition dedicated to the Icelandic construction industry, planning, and civil engineering.
Experts from both Arion Bank and Vörður will be on site, ready to talk about projects, insurance, and financing.
We look forward to seeing you. You’ll find us at stand C51.
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On 23 July, we announced increases to various items in Arion Bank’s list of fees and charges that were due to take effect two months later, on 23 September. These related to fees that had not been increased for many years, including services for which the Bank relies on external providers, such as distribution companies that had raised their charges by more than the Bank had raised its own fees. These announced changes to fees and charges have not been implemented.
Stefnir hf, a subsidiary of Arion Bank hf, is celebrating its 30th anniversary this year. Since it was established in 1996, Stefnir has grown into one of Iceland’s most successful fund management companies. The company currently employs twenty people and has more than ISK 390 billion in assets under active management.
Arion Bank’s new economic forecast assumes that winter will be long for the Icelandic economy and that the spring thaw will be late in coming. There is no end in sight to the war in the Middle East, with repercussions for energy markets, inflation and growth both in Iceland and abroad. Hopes of swift interest rate cuts have faded, and households and businesses have become more pessimistic. These challenges are reflected in a lower growth forecast, higher interest rates and higher inflation.