Arion banki hf (OSTO:ARION SDB)
kr 12.55 -0.05 (-0.4%) Market Cap: 17.50 Bil Enterprise Value: 47.84 Bil PE Ratio: 9.95 PB Ratio: 1.15 GF Score: 63/100
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Q2 2022 Arion banki hf Earnings Call Transcript

Jul 28, 2022 / 08:30AM GMT
Release Date Price: kr13.14 (+3.14%)
Ida BrÃ;Benediktsdóttir
Arion banki hf. - Deputy CEO

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Welcome to Arion Bank presentation for the second-quarter results. My name is Ida Brá Benediktsdóttir, and I'm the Deputy CEO and the Head of Retail Banking.

The agenda for this call today is that I will start by going over the highlights of the quarter. Our Chief Economist, Erna Björg Sverrisdóttir, will then give an update on the Icelandic economy. And finally, the bank's CFO, Ãlafur Hrafn Höskuldsson, will go into the numbers in more detail.

Benedikt, our CEO, sends his best regards. He had a conflict as his son was playing football abroad, and he made the right decision of going there with him and the family. This, then, also give me the opportunity to introduce myself to the shareholders here today. Benedikt will be back to present the third-quarter results in the autumn.

(Event Instructions) So to the results, first of all, we are happy and proud with the strong results in the quarter, achieved during challenging market conditions. The sales process of Valitor concluded at the end of this

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