fjármálageiranum
The Icelandic word fjármálageiranum translates to "the financial sector" in English. This term encompasses all the institutions and activities involved in the management of money, credit, investments, and financial services within Iceland. It includes banks, credit institutions, insurance companies, investment funds, and other financial intermediaries. The financial sector plays a crucial role in the Icelandic economy by facilitating capital flows, providing credit for businesses and individuals, managing savings, and offering various financial products and services.
Historically, the Icelandic financial sector underwent significant changes. Following a period of rapid expansion and deregulation