Icesave
Icesave was an online savings brand operated by the Icelandic bank Landsbanki. It offered high-interest savings accounts to customers primarily in the United Kingdom and the Netherlands, using a simplified online platform. When Landsbanki collapsed in October 2008 during Iceland's financial crisis, Icesave's liabilities to foreign depositors became a major international issue.
The UK and Netherlands governments guaranteed all eligible Icesave deposits held by their residents and advanced
In 2010, Iceland held a national referendum on the proposed terms for repaying the UK and Dutch
Over the following years, talks continued and a settlement was reached outlining a repayment plan to reimburse
The Icesave episode had lasting effects on Iceland's public finances and contributed to broader debates on