Verified List of Banks in Iceland (2026 Update)
Official Name: Republic of Iceland
Capital City: Reykjavik
Currency: Krona (ISK)
Continent: Europe Country: Iceland Total Banks: 6
Our records for Iceland currently show 6 verified banking institutions, primarily based in and around Reykjavik. This listing was last cross-checked against primary sources during the 2026 audit cycle.
Iceland holds 1.98 tonnes of gold reserves, a hard-asset buffer factored into its broader financial resilience profile. Foreign exchange reserves equal roughly 16.21% of GDP, indicating a limited external liquidity buffer relative to economic output.
Of the 6 banks listed for Iceland, 6 maintain a direct SWIFT/BIC connection, a 100% SWIFT-to-Bank ratio, placing Iceland in our 'Integrated' connectivity tier.
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Looking for more details on SWIFT codes? Explore our comprehensive guide to SWIFT Codes Explained.
Arion bank
SWIFT: ESJAISRE
Islandsbank
SWIFT: GLITISRE
Kvika bank
SWIFT: MPBAISRE
Landesbank
SWIFT: NBIIISRE
Sedlabank
SWIFT: SISLISRE
Sparisjodurinn bank
SWIFT: SPKFISR1
✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.
Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist
Last Data Review: January 30, 2026