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About: Icesave dispute     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatDefunctBanks, within Data Space : dbpedia.org associated with source document(s)

Type: Thingyago:WikicatBanksOfIcelandyago:Abstraction100002137yago:Company108058098yago:DepositoryFinancialInstitution108420278yago:FinancialInstitution108054721yago:Group100031264yago:Institution108053576yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntitymilitary conflictyago:SocialGroup107950920yago:WikicatDefunctBanks New Facet based on Instances of this Class

The Icesave dispute was a diplomatic dispute between Iceland, and the Netherlands and the United Kingdom that began after the privately owned Icelandic bank Landsbanki was placed in receivership on 7 October 2008. As Landsbanki was one of three systemically important financial institutions in Iceland to go bankrupt within a few days, the Icelandic Depositors' and Investors' Guarantee Fund (Tryggingarsjóður) had no remaining funds to make good on deposit guarantees to foreign Landsbanki depositors who held savings in the Icesave branch of the bank.