Ålandsbanken keen on Kaupþing’s Swedish subsidiary

20. Dezember 2008

Finland’s Ålandsbanken said in a statement Friday it was mulling buying the Swedish subsidiary of Icelandic bank Kaupþing.

Kaupþing, taken over by Iceland’s Financial Supervisory Authority in October, has put its Swedish arm up for sale.

Ålandsbanken added it had yet to make a firm decision on the acquisition.

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