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Lanasjodur sveitarfelaga

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Organization name
Lanasjodur sveitarfelaga
Country name
Iceland
Country of registration
Iceland
Industry
Other Financial Institutions
Public debt
1,652 mln USD
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Profile

Municipality Credit Iceland Plc. (MCI) is a statutory limited liability company. The company is established on the basis of Act No. 150/2006 on the Incorporation of MCI as a Statutory Limited Liability Company and operates pursuant to Act No. 161/2002 on Financial Undertakings; cf. the Companies Act No. 2/1995 and is supervised by the Icelandic Financial Supervisor, FME. As a credit institution MCI is bound by the regulation of the Central Bank of Iceland regarding minimum reserve requirement, liquidity ratio and foreign exchange balance.

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