January
Nýherji takes over the administration of all centralized infrastructure and systems and provides all technical and on-site services to Arion Bank employees.
Arion Bank is now offering funding for small and medium-sized enterprises who are planning to bring innovation into their business.
Arion Bank one of the key sponsors of an international SPI conference.
Arion Bank donated ISK 2 million to the Icelandic Red Cross and ISK 1 million to the family charity Mædrastyrksnefnd throughout Iceland.
February
Art exhibition opened at Arion Bank's headquarters, displaying paintings from the Bank’s collection paired with paintings by a younger generation of artists.
Arion Bank launched a new product for mortgages. You can now apply for a mortgage simply and conveniently by using electronic ID on the Bank’s website.
Arion Bank took part in the universities’ Careers Day at Reykjavík University.
The Icelandic Real Estate Conference was held at Harpa for the second year. Arion Bank was the main sponsor of the conference.
Arion Bank’s financial results for 2016
MoreMarch
App for 25 year old discount club makes big splash. More than 12,000 people downloaded the Einkaklúbbur discount club app in the first two weeks after its release.
April
Arion Bank and the British Embassy in Reykjavík hosted an open conference on cyber security at Arion Bank's headquarters.
May
Arion Bank hosted the NKG innovation competition for teenagers, attracting a host of inventive youngsters to the Bank’s headquarters.
Startup Reykjavík takes place for the sixth time. Around 150 teams applied to take part this year and 10 seed companies have made the final selection.
Following the Central Bank's interest rate cuts on 17 May, Arion Bank decided to cut its nominal mortgage rates by 0.25 percentage points.
Jón Finnbogason appointed Chief Credit Officer at Arion Bank. Credit Management is a new department at the Bank and forms part of the CEO’s Office.
Arion Bank is a new sponsor of the National Olympic and Sports Association of Iceland (ÍSÍ) and has thereby become a part of the ÍSÍ Olympic family.
June
A new digital solution on Arion Bank’s website enables companies to become customers of the Bank simply and quickly.
A new way of refinancing mortgages and signing the necessary papers using electronic ID launched on Arion Bank’s website.
Following the Central Bank's interest rate cuts on 14 June, Arion Bank decided to cut its nominal mortgage rates by 0.25 percentage points.
Arion Bank enters into an agreement with the Icelandic Competition Authority on retail banking services to retail customers and small businesses.
Arion Bank customers make donation of ISK 1,209,000 to the Icelandic Cancer Society.
July
Arion app is the best banking app in Iceland according to a survey performed 15-21 June by MMR.
August
Startup Reykjavík Investor Day held at the Bank's headquarters. Nine companies presented their business ideas to investors and other guests.
September
The Icelandic innovation company Klappir Green Solutions hf. listed on Nasdaq First North. Arion Bank advised Klappir during the listing process.
A refurbished Arion Bank’s branch at the Kringlan shopping mall is now open 7 days a week.
Arion Bank and HS Orka sign an agreement on comprehensive funding for HS Orka to assist in the development of the Brúarvirkjun power plant.
October
November
Arion Bank has renewed its sponsorship deal with the Icelandic Handball Association.
Women employees at Arion Bank got together to hold a fund raiser for women's wards at the National Hospital.
December
Frjálsi Pension Fund named the best pension fund of any European nation with fewer than 1 million inhabitants by Investment Pension Europe.
Kristbjörg Hédinsdóttir appointed branch manager at Borgartún 18.