Quote:
Originally Posted by Butterfly Quote: |
Originally Posted by bkkandrew I have their 2007 Annual Report on my desk. It isn't published on the net. | Well actually, I found their parent bank annual report on the Internet, and the only reference to 70% was about their loan/deposit ratio, no mention of IceSave UK providing 70% of their deposit, so again this is another of your myths http://www.landsbanki.is/Uploads/Doc...eport_2007.pdf |
Well done, you have been furiously googling for house just to prove my point - page 58 (if you had a copy on your desk you could have just turned to it).
I quote:
Quote:
The group’s total deposits amounted to ISK 1,759 billion at year-end 2007. Of this amount, ISK 1,421 billion were customers’ deposits, as compared to ISK 683 billion at the beginning of the year, an increase of 108% during 2007. Deposits from customers in the bank’s markets abroad amounted to ISK 1,054 billion at yearend 2007, compared to ISK 417 billion at the beginning of the year, an increase of 152% during the year. |
Perhaps you should apologise?