Industry Banking Website www.spron.is Founded 5 March 1932 Ceased operations 2009 | Defunct 2009 Successor Arion Bank | |
Fate Government custodianship, assets moved to other state-owned banks Key people Guðmundur Hauksson (CEO) Number of employees 190 (including sudsidiaries) Subsidiaries Spron Securities, Spron Factoring HF |
Sparisjóður Reykjavíkur og nágrennis (English: Reykjavík Savings Bank), often shortened to SPRON was an Icelandic savings bank. It had six branches, all in the Reykjavík capital area. The bank was established March 5, 1932, and was nationalized in 2009 following a major banking and financial crisis in Iceland. Most assets were subsequently moved to Nýja Kaupþing.
References
Sparisjóður Reykjavíkur og nágrennis Wikipedia(Text) CC BY-SA