MP Bank

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MP Bank
Industry Banking
Predecessor MP Investment Bank hf.
Founded 15 October 2003 (investment bank)
10 October 2008 (commercial bank)
Headquarters Ármúli 13a, Reykjavík, Iceland
Key people
Sigurður Atli Jónsson (CEO)
Þorsteinn Pálsson (Board chairman)
Profit Increase ISK 0.3 billion (2012)
Total assets ISK 69 billion (ultimo 2012)
Owner 17% by Títan B ehf.
83% by 48 other shareholders
Number of employees
125 (ultimo 2012)
Footnotes / references
Consolidated Financial Statements 2012

MP Bank (Icelandic: MP banki hf or MP Fjárfestingabanki) is an investment bank (since 2003) and a commercial bank (since 2008) which operates in Iceland. Originally it was founded as MP Securities (Icelandic: MP Verðbréf hf) before the company began banking. After the bank was licensed as an investment bank the name changed to MP Investment Bank (Icelandic: MP Fjárfestingarbanki hf) and with its commercial banking licence it reached its contemporary name.

In 2007 MP Bank started to work in Lithuania.

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