What is "landsbankinn"

Landsbankinn (literally "the national bank", originally NBI hf, also known as Nýi Landsbanki, Icelandic for "new national bank") is an Icelandic bank headquartered in Reykjavík. It was established in 2008 by the Icelandic government out of the domestic operations of its predecessor Landsbanki which failed during the 2008–2011 Icelandic financial crisis. It is one of the largest banks in Iceland and the history of its predecessor goes back to 1885.

The bank has been state owned since its establishment and its current shareholders are the Icelandic State Financial Investments with 81.33% of the shares in the bank, while the remaining 18.67% of the shares are currently owned by the winding-up receivership (Landsskil) for the old bankrupt Landsbanki.